“The film has provoked an intense conversation, sparking a discussion of whether mortgage-backed securities were the primary driver of the crisis, as opposed to broader economic forces and whether those responsible were adequately punished.
On Wednesday, January 27, the film’s director, Adam McKay (who also directed and co-wrote “Anchorman,” “Talladega Nights,” and “Step Brothers”), visited Washington for a screening of “The Big Short” hosted by Economic Studies at Brookings.
After the screening, McKay joined a panel of financial experts and journalists to discuss whether the film’s narrative is the right one to explain the crisis to the public…”
World Economic Forum have published their 2016 Global Risks Report. Key risks identified for the next 18 months and the next 10 years follow. The greatest risk is large scale involuntary migration.
Noah Smith : Bloomberg
Years of positive economic signs led to the Fed’s decision to raise interest rates for the first time since 2008. Former Fed Vice Chairman Don Kohn explains that the focus now is on the long-term trajectory of the economy.
Don Kohn Brookings
“The trouble wih QE is that it works in practice but not in theory” Ben Bernanke
Source US Federal Reserve