Monday, September 26, 2011
Beyond the Classroom presents "THE FLAW: What Happens When the Rich Get Richer?"
Description:
Taking for its title Alan Greenspan's 2008 admission to Congress that he had been mistaken to put so much faith in the self-correcting power of free markets, The Flaw attempts to explain the underlying causes of the economic crisis. Through interviews with some of the world's leading economists, including housing expert Robert Shiller, Nobel laureate Joseph Stiglitz, and economic historian Louis Hyman, as well as Wall Street insiders and victims of the crash, the film presents a compelling account of the toxic combination of forces that nearly destroyed the world economy. The Flaw shows how excessive income inequality in society leads to economic instability. When both economic theory and public policy are being re-examined, The Flaw reminds us that without addressing the root causes of the crisis the system may collapse again and next time it may not be possible for governments to rescue it.
{Will appear in FYI on Sep 23, 2011
Start Time:
7:00 PM
End Time:
9:00 PM
Room:
1102 South Campus Commons, Building 1
Venue:
http://www.beyondtheclassroom.umd.edu/locationbtc.html
Common Location Name:
Other
Web Address:
www.BeyondTheClassroom.umd.edu
Other Contact Information:
Dr. James V. Riker
Beyond the Classroom
+1 301 314 6622
jriker@umd.edu
www.BeyondTheClassroom.umd.edu
