In this episode of Smart Talk, Andrew Mazzone and Richard Duncan discuss credit creation during the World War, global economic crisis, consumer debt, history of currency, collapse of the gold standard and the current US economy and where it is headed.
Richard Duncan is the author of three books on the global economic crisis: The Dollar Crisis: Causes, Consequences, Cures (John Wiley & Sons, 2003, updated 2005), The Corruption of Capitalism (CLSA,2009) and his latest book, The New Depression: The Breakdown Of The Paper Money Economy (John Wiley & Sons, 2012). He also worked as a consultant for the IMF in Thailand during the Asia Crisis. He is now chief economist at Blackhorse Asset Management in Singapore.
Richard has appeared frequently on CNBC, CNN, BBC and Bloomberg Television, as well as on BBC World Service Radio. He has published articles in The Financial Times, The Far East Economic Review, FinanceAsia and CFO Asia. He is a well-known speaker whose audiences have included The World Economic Forum’s East Asia Economic Summit in Singapore, The EuroFinance Conference in Copenhagen, The Chief Financial Officers’ Roundtable in Shanghai, and The World Knowledge Forum in Seoul. Richard studied literature and economics at Vanderbilt University (1983) and international finance at Babson College (1986).
Henry George School of Social Science has launched Smart Talk, a series of discussions with leading economists around the world moderated by Andrew Mazzone, president of the HGS board of trustees. We invite you to watch the Smart Talk videos of discussions with some of the most talked-about economic and social thinkers of our times, please visit: http://hgsss.org/smart-talk/
To learn more about Mr. Duncan, you may visit his website http://www.richardduncaneconomics.com/