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Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Saturday, May 15, 2010

Frontline - Secret History of the Credit Card




The average American family today carries 10 credit cards. Credit card debt and personal bankruptcies are now at an all time high. With no legal limit on the amount of interest or fees that can be charged, credit cards have become the most profitable sector of the American banking industry: more than $30 billion in profits last year alone. FRONTLINE examines how the credit card industry became so pervasive, so lucrative, and so powerful.

Friday, April 23, 2010

Authors@Google: Robert Shiller



Robert Shiller visits Google's Mountain View, CA headquarters to discuss his book "The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do About It." This event took place on October 30, 2008, as part of the Authors@Google series.

The subprime mortgage crisis has already wreaked havoc on the lives of millions of people and now it threatens to derail the U.S. economy and economies around the world.