"When in Doubt, More Democracy": Andrés Arauz & Prof. Tim Canova on the Financial Crisis
Channel: Econ Perspectives From KC
Date: 2011-12-02

Andrés Arauz, COO of the Banco Central del Ecuador, and Timothy Canova, Professor of International Economic Law at the Chapman University and a member of Sen. Bernie Sander's Advisory Committee on Federal Reserve Reform, sit down with New Economic Perspectives to discuss lessons from the financial crisis. 

The conversation spans origins of the crisis, deregulation, public jobs programs, financial crises in Latin America, derivatives, the Euro crisis, the dangers of a currency union without a fiscal union, debt forgiveness, an international common unit of account, monetary vs. fiscal stimulus, democratizing central banks, failures of quantitative easing, and campaign finance reform.

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