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Listen to events at Carnegie Council for Ethics in International Affairs. Speakers and interviewees include distinguished authors, government and UN officials, economists, policymakers, and businesspeople. Topics range from the ethics of war and peace, to the place of religion in politics, to issues at the forefront of global social justice. To learn more about our work and to explore a wealth of related resources, please visit our website at http://www.carnegiecouncil.org.
September 24th, 2014
Episode 1018 of 1302 episodes
First, there will definitely be another recession, says Ay. As long as people make free economic decisions, they will make mistakes. But it's important to understand the fundamental reasons behind the recent subprime crisis. She goes on to discuss financial regulation, loan securitization, and the pitfalls of encouraging home ownership.