Sunday, October 26, 2008

The Predator State


James K. Gailbraith, son of John Kenneth Gailbraith, has published a book entitled "The Predator State, How Conservatives Abandoned the Free Market and Why Liberals Should, Too". In the attached video, Gailbraith is interviewed by Bill Moyers about the book, the current financial crisis and the prospects for recovery. It's an interesting video which reveals much about the current situation. Gailbraith is a professor of economics at the Univesity of Texas at Austin. Have a look:


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