[quote=SD Transplant]Thanks for posting the details and video. I’ve caught some of the interview in my hotel room and wanted a review to read/view the details again. Funny that Greenspan sounded a little more geniune as he is trying to redeem his reputation after the game is over (way late in my book but interesting chatter)[/quote]

What I find interesting is that it seemed to take Greenspan a couple years to realize that, in the eyes of many people, he was a significant player in the events that led to the financial meltdown. For quite a while, you’d see photos of him at some social event or the other, with this Alfred E. Newman “What, me worry?” grin plastered on his face.

Speaking of clueless “experts”: I saw an interesting documentary on NOVA recently, “Mind Over Money”. It asks the question of why so many of the world’s leading economists failed to foresee disastrous fallout from the boom markets of the early and mid-oughts, and explored the role of human behavior in these events.

The causes of the meltdown are numerous and complex, and some, I believe, remain unexplored. It is important to view this film as an exploration of one small facet of an incredibly complex occurrence, not as an explanation of all that went wrong. The documentary raises intriguing questions about how we teach, learn, and approach economics.

The film is available for instant viewing from Netflix, and also can be viewed on the PBS website.