Why Are We in a Recession?

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Uploaded by on May 4, 2009

We're in a recession--but why? Is it more than just the subprime-loan mess? Dr. Farrokh Langdana of Rutgers University explains why the economy is so poor in this video from the inaugural DiversityInc learning event from March.

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News & Politics

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  • This is exactly the opposite of how it needs to work...

  • It amazes me that people still buy into this shit. Keynes did not come up with revolutionary new economic ideas, he just created a "scientific" sounding excuse for governments to continue doing what they had been doing for thousands of years, i.e. expanding their control and power and enriching themselves at the expense of others.

    Many economist had disproved this fool before he was even born.

    We are in a recession not because of the free market, but a lack of free markets.

  • did you no that if every one in the world was a middle class citizen there WOULD NOT be enough food to go a round even if we were all vegetarians E.G. using every possible space to produce the most food sad times

  • tbh i think we are in a recession because all the higher ups have all the money.they control the wealth,but keep most of it to themself greedy pigs

  • Bill Clinton caused the housing problem

  • Peter Schiff was right

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