- Baseline Scenario: This is a blog headed by MIT economist, Simon Johnson, who is the former chief economist of the International Monetary Fund. It is their goal to make the financial crisis understandable to all who make the effort to understand it. The guys are brilliant and their arguments are very well-crafted and well-reasoned.
- 13 Bankers: I have been reading this book for the last few weeks. It is by the same two people who run Baseline Scenario.
- Planet Money: This is the NPR podcast that was created following the financial crisis in order to better explain the complexities to the public (a challenging and honorable endeavor). They do an excellent job of explaining the crisis (and many other economic issues) in an interesting and, often, very entertaining way.
- This American Life: This great NPR show teamed up with the Planet Money team to do 5 shows specifically on the banking crisis that are outstanding: The Giant Pool of Money, Another Frightening Show About The Economy, Bad Bank, The Watchmen, Return To The Giant Pool of Money, and Inside Job. If you have the time, I highly recommend downloading and listening to all of these for your next long car ride.
- Felix Salmon at Reuters: a great financial journalist who can grind through a lot of the technical details.
- A couple of PBS specials also helped: Simon Johnson and Michael Perino on the historical lesson of the Pecora hearings, Simon Johnson and James Kwak on the current crisis and reform, PBS Frontline episode on "The Warning" and the blunders of financial deregulation
Thursday, April 29, 2010
My Sources on Making Sense of The Financial Crisis
Before I continue the financial crisis/reform discussion, I wanted to divulge the majority of my sources. While, I like to think that my opinions are unique and defensible in their own right, I cannot help but admit that I have been influenced by the following:
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