The Crisis of Credit is an 11 minute animation explaining the origins of the credit crunch in the United States. It covers the interaction of homeowners, mortgage lenders, investors and financial institutions that produced the global financial crisis. It provides simple explanations of a number of complex terms and systems, delivering an effective introduction to the topic. Users will need a Flash based video player to watch the animation.
Video and Audio Lectures in Applied Economics
Geerling's video uploads include student-made videos from an "Economics of Everyday Life" project. The titles include "Rational Choice Theory: The Economics of Crime" and "Why Lecturers who assign group work secretly want their students to fail". It also includes videos about his approach to teaching.
This 22 minute audio podcast from the University of Cambridge explores the credit crunch from an interdisciplinary perspective. With contributions from John Coates, a neuroscientist and former Wall Street Trader, Martin Daunton, an economic historian and Alan Macfarlane, a social anthropologist. It looks at how the crude use of historical analogies can cloud our understanding of the credit crunch, how hormones can affect the decision-makers who control the global financial system and how the breakdown in trust is threatening the world's financial stability. Users will need a Flash based audio player to listen to the podcast online or they can download it in a variety of formats.
This section of the "NOW with Bill Moyers" television program website is devoted to the Enron story. It includes transcripts and audio clips from news stories on National Public Radio.
