Category Archives: Video

Can We Prevent Financial Crises?

The World Bank
February 26, 2014

The emerging markets are in turmoil. Stocks and currencies are falling. Global investors are pulling money out of stocks and bonds. Is another crisis looming?

To answer that question, the World Bank in February held a panel discussion led by authors of three books examining lessons learned from financial crises. Mahmoud Mohieldin, World Bank Group president’s special envoy, said the three books can help policy makers examine the current turmoil affecting emerging markets, along with the hypothetical diagnoses proposed by some commentators: distorted asset prices, questionable growth foundations, human behavior, and overborrowing by households and the private sector.

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Bankers or politicians: Who’s to blame for the crisis?

Tuesday, February 25, 2014

Charles Calomiris discusses his new book on CNBC, and argues that politics is responsible for the financial crisis.

Haber and Calomiris discuss Fragile by Design on EconTalk

Calomiris and Haber talk with EconTalk host Russ Roberts about their book. The conversation focuses on how politics and economics interact to give some countries such as Canada a remarkably stable financial system while others such as the United States have a much less stable system. The two authors discuss the political forces that explain the persistence of seemingly bad financial regulation. The conversation includes a discussion of the financial crisis of 2008.

Banks and governments: What’s the deal?

AEI Book Forum
Wednesday, February 12, 2014

The world displays an instructive variety of banking system designs, some successful, some fragile, and some crisis prone. For example, the US has had numerous banking crises throughout its history while Canada has experienced none. At this event, Charles Calomiris presented the book Fragile by Design, and a discussion by banking experts followed.