Resources for Understanding the Great Recession

“Progress, far from consisting in change, depends on retentiveness. When change is absolute there remains no being to improve and no direction is set for possible improvement: and when experience is not retained, as among savages, infancy is perpetual. Those who cannot remember the past are condemned to repeat it.”

George Santayana

Last night’s blog council turned the tables on me and asked me to come up with a list of good resources to get more background on the great recession.  They compelled me to write a post.

Here are some good resources.  Choose one and, to repeat the BC’s instructions:

2. Pick a topic from one of the resources (can be a podcast, an article, or something else).  This topic should probably be a starting point for the final paper that you will write.

3. Write an engaging and informative post reacting to your chosen topic on the financial crisis.  Share your thoughts, your take on the situation, your reaction to the point of view presented, etc.

4. I AM ADDING: Do not repeat the source you use.  When you find one, paste what it is in the comments so others can check.  Be sure to include title and URL link.


“This American Life” Podcasts (excellent all including the “The Giant Pool of Money.”

“The Big Money” especially podcasts of “Everyday I read the book.” Like, “How to Save Capitalism.”

“Planet Money”, look for podcasts, especially categories like banks, health care co-ops, prediction and forecasting, and so on.  Look for the search box on the sidebar and search podcast + “your topic.”

Simon Johnson Interview on NPR’s Fresh Air.  OR Elizabeth Warren.


“Inside the Meltdown” or “The Meltdown” other economic shows from Frontline.

House of Cards” from CNBC.

Gretchen Morgensen” on Bill Moyers’ Now.

Michael Lewis” on his book The Big Short.


Economics Blogs


Baseline Scenario [Good stuff on financial crisis]

Economist (the magazine) Free Exchange

Brad DeLong

“How did Economists Get it So Wrong?” by Paul Krugman

Financial Crisis Policy and Reporting

ProPublica– Independent news and great coverage of the stimulus.

Financial Armageddon (EJ found it…..)

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One Response

  1. I really encourage people to check out “House of Cards” even in your own free time. it is a great documentary, and if nothing else, will teach future home buyers (like all of us) what NOT to do. i.e. IF YOU DON’T HAVE THE MONEY, DON’T BUY THE DAMN HOUSE! YOU CAN’T LIVE ON BREAD AND WATER, AND YOU ALSO CAN’T FORGET THAT YOU NEED TO BUY FURNITURE AND PAY THE HEATING BILL!!!! Okay, now that I got that out, please check it out. It is really good.

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