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	Podcast:		EconTalk Archives, 2009
	Episode:		Posner on the Financial Crisis
	Category:		Education
	Duration:		01:03:20
	Publish Date:		2009-11-16 05:30:00
	Description:		Richard Posner, federal judge and prolific author, discusses the financial crisis with EconTalk host Russ Roberts. Posner (despite the title of his recent book on the crisis, A Failure of Capitalism) places most of the blame for the crisis on the Federal Reserve, inattentive regulators and the subsidization of risk. He also criticizes economists for complacency in the face of impending disaster. A recent convert of sorts to Keynesianism, Posner confesses some disillusion with the implementation of the stimulus plan and the expanding role of the Federal government.
	Total Play:		0