Money, Debt & Unbridled Capitalism

Payback: Debt and the Shadow Side of Wealth
11.15.2009

The parallels between the recent financial meltdown and that of 1929 are striking. In both cases a financial bubble burst and led to a run on the banks. Both times the Federal Reserve made huge mistakes. So how close did we come to another Great Depression? In this hour of To the Best of Our Knowledge we'll talk about debt and runaway capitalism, and the four men who controlled the world's money supply back in the 1920s.

  1. Liaquat Ahamed on "Lords of Finance"

    Liaquat Ahamed talks about the parallels between the recent financial meltdown and the events that led up to the Great Depression. Both situations involved bubbles, and errors by the Federal Reserve System.

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  2. Woody Tasch on Slow Money

    Woody Tasch talks about the benefits of supporting locally produced agriculture and "green" companies.

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  3. Margaret Atwood on Debt

    Margaret Atwood says it's a mistake to think about debt as simply a matter of money. Debt is embedded in our psyche and rife in our literary and religious history.

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  4. Anne Heller on "Ayn Rand and the World She Made"

    Anne Strainchamps talked with Anne Heller about her subject, Ayn Rand, the power of capitalism, and her appeal for young people.

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