Smart Talk: Lord Turner & A. Mazzone : Debate Causes of Current Economic Turmoil

Adair Turner has written one of the best books on policy in the last 30 years. His dissection of real estate speculation income inequality and foreign trade imbalances are without equal. Andrew Mazzone and Lord Turner debate the main causes of current economic turmoil. They discuss whether Capitalism has a current realization problem and is unable to reproduce itself without constant credit injections.