About the Program
Alan Blinder says that the 2008 financial crisis was the result of the financial system becoming too complex and too unregulated. He also argues that government intervention, especially unprecedented intervention by the Fed, kept the crisis from being far worse. Hosted by Politics and Prose in Washington, DC.
Alan Blinder, a professor of economics and public affairs at Princeton University, served as vice chairman of the Federal Reserve's Board of Governors from 1994 to 1996. He also served as a member of President Clinton's Council of Economic Advisers. Prof. Blinder's books include "Hard Heads, Soft Hearts" and "The Quiet Revolution."
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