Grade 9-12
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Video

Making Sen$e with Paul Solman: ‘Economics Is Not a Morality Play’: Paul Krugman on Managing Financial Crisis

Updated: June 6 2013,
Author: barrel jason
Teacher Version

Standards

State Standards

Concepts

Business Cycles, Economic Institutions, Employment and Unemployment, Fiscal Policy, GDP, Roles of Government
 Open Video

Should we have let foundering financial firms fail in 2008? Economics correspondent Paul Solman sits down with economist Paul Krugman to discuss the provocative bestseller “The Great Deformation” by David Stockman and the government’s role in mediating economic meltdowns.