In this clip John Stossel talks about the free market being a job creator as opposed to Governments, he covers points similar to those that Milton Friedman covered in his documentary ‘Free to Choose’, and the truth of the matter is that governments are highly inefficient in creating growth, they have a place in prevention of disaster but managing the economy too closely is an error, sadly it is a popular one.
Paul Volcker on Bloomberg
Ex-Federal Reserve Chairman Paul Volcker talks to Bloomberg about the ongoing financial crisis and gives his opinion on the situation, his take on where we are going and what some of the risks are. Volcker is one of my favourite expert commentators, he talks about macroeconomics in a way that is simple to understand, despite his amazing breadth of knowledge and years of experience he doesn’t try to confound people with lofty talk or big words and he bridges the gap between high level ability and the common man.