HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

David Stockman on Wall Street, The Federal Reserve, and The Great Deformation

Views:888
@ReasonVids

On June 25th the Reason Foundation presented a conversation with former budget director David Stockman about his recently published New York Times bestseller, The Great Deformation, hosted by Reason Editor-in-Chief Matt Welch.

In The Great Deformation, Stockman describes how Wall Street and the speculative classes have joined forces with the Federal Reserve to take the economy hostage by punishing savers, vastly inflating Main Street's living costs, and fueling new financial bubbles.

At the same time, he argues, control of the federal budget has been surrendered to special interests that cling to every loophole in the tax code and block attempts at significant spending cuts. Stockman explains how this state of affairs arose over the course of the last eighty years, why this warped crony capitalism has betrayed so many of our hopes and dreams, and how we might be able to avert a looming economic crisis.

This event was sponsored by the Donald and Paula Smith Family Foundation.

To find out more about this event and future Reason events in New York, please email [email protected]

About 55 minutes.

Filmed by Anthony Fisher and Joshua Swain. Edited by Swain.

Scroll below for downloadable versions and subscribe to Reason TV's YouTube Channel to receive automatic notifications when new material goes live.

reason tv
,
reason foundation
,
event
,
david stockman
,
finicial
,
markets
,
wall street
,
feds
,
federal reserve
,
bubble
,
freddie
,
fannie
,
leahman
,
housing market
,
regulation
,
austrian economics
,
the great deformation
,
savings
,
inflation
,
budget
,
spending
,
government
,
crony capitalism
,
economic crisis
    Thumbnail for The Newsroom's Will McAvoy vs. Anchorman's Ron Burgundy1:52
    The Newsroom's Will McAvoy vs. Anchorman's Ron Burgundy
    ReasonVids
    888 views
    Thumbnail for Born Again Bullcrap | Grunt Speak Shorts18:10
    Born Again Bullcrap | Grunt Speak Shorts
    Terrence Popp
    684 views
    Thumbnail for 🇦🇷 ¡URGENTE! 🔴 ¡EXPLOTAN LAS CALLES CONTRA MILEI! 🔴 FEROZ EMBESTIDA CONTRA JUBILADOS - Daniel Devita2:02:31
    🇦🇷 ¡URGENTE! 🔴 ¡EXPLOTAN LAS CALLES CONTRA MILEI! 🔴 FEROZ EMBESTIDA CONTRA JUBILADOS - Daniel Devita
    invidious
    88 views
    Thumbnail for U.S. Foreign Policy Is Too Militarized9:05
    U.S. Foreign Policy Is Too Militarized
    ReasonVids
    889 views
    Thumbnail for Have the Bestest 4th of July Ever! (Errant Fireworks Display!)0:33
    Have the Bestest 4th of July Ever! (Errant Fireworks Display!)
    ReasonVids
    965 views
    Thumbnail for Dr. WAPITI SUR KOFFI, CINDY NA CIMETIÈRE, FELIX ABALUKELI KABILA? | Diamant Noir TV1:43:33
    Dr. WAPITI SUR KOFFI, CINDY NA CIMETIÈRE, FELIX ABALUKELI KABILA? | Diamant Noir TV
    invidious
    56 views
    Thumbnail for pets0:27
    pets
    bestofupgoat
    254 views
    Thumbnail for Libertarians Without Borders: An Interview with Tom Palmer about the Arab Spring9:15
    Libertarians Without Borders: An Interview with Tom Palmer about the Arab Spring
    ReasonVids
    685 views
    Thumbnail for Cutting Back City Hall: Reason Foundation's Adrian Moore and Julian Morris48:16
    Cutting Back City Hall: Reason Foundation's Adrian Moore and Julian Morris
    ReasonVids
    796 views
    Thumbnail for Full HD video of Baltimore bridge wreck and collapse.7:20
    Full HD video of Baltimore bridge wreck and collapse.
    bestofupgoat
    380 views
    Thumbnail for Steven Pinker Wants Enlightenment Now!59:22
    Steven Pinker Wants Enlightenment Now!
    ReasonVids
    849 views
    Thumbnail for Throwing Down with The Lost Sisterhood: Amazons, Academics, and Adventure11:57
    Throwing Down with The Lost Sisterhood: Amazons, Academics, and Adventure
    ReasonVids
    927 views
    Thumbnail for Banning Bikini Baristas, Big Dogs, and Energy Drinks! (Nanny of the Month, March 2013)1:33
    Banning Bikini Baristas, Big Dogs, and Energy Drinks! (Nanny of the Month, March 2013)
    ReasonVids
    856 views
    Thumbnail for Stossel: Libertarian Larry Sharpe Brings New Ideas to New York4:59
    Stossel: Libertarian Larry Sharpe Brings New Ideas to New York
    ReasonVids
    881 views
    Thumbnail for Oblivion NPC Runs For Her Life After Destroying Window | TheNpcMemer0:59
    Oblivion NPC Runs For Her Life After Destroying Window | TheNpcMemer
    invidious
    282 views
    Thumbnail for Senate bill 5599 Washington state criminalizes parents who do not want transgender surgery for their children.0:29
    Senate bill 5599 Washington state criminalizes parents who do not want transgender surgery for their children.
    AOUisgay
    519 views
    Thumbnail for TOOL - FORTY SIX & 2 - MEYTAL COHEN6:34
    TOOL - FORTY SIX & 2 - MEYTAL COHEN
    invidious
    255 views
    Thumbnail for Why Have There Been 200 Holocaust Movies Since 1980? w/ Norman Finkelstein | The Jimmy Dore Show9:35
    Why Have There Been 200 Holocaust Movies Since 1980? w/ Norman Finkelstein | The Jimmy Dore Show
    invidious
    65 views
    Thumbnail for I didn't think we could do this anymore0:39
    I didn't think we could do this anymore
    bestofvoatxyz
    1302 views
    Thumbnail for What's The Correct Libertarian Position on Abortion? A Soho Forum Debate1:27:12
    What's The Correct Libertarian Position on Abortion? A Soho Forum Debate
    ReasonVids
    743 views
    Thumbnail for Two Different Worlds0:27
    Two Different Worlds
    bestofvoatxyz
    1487 views
    Thumbnail for Gun Control Is Still Dead: Paloma Heindorff on the Future of the Homemade Firearm Movement14:21
    Gun Control Is Still Dead: Paloma Heindorff on the Future of the Homemade Firearm Movement
    ReasonVids
    902 views
    Thumbnail for Q&A: Eyal Press on Beautiful Souls, Nonconformists Who Stand Up to Power5:01
    Q&A: Eyal Press on Beautiful Souls, Nonconformists Who Stand Up to Power
    ReasonVids
    862 views
    Thumbnail for hermit crab | shar0:15
    hermit crab | shar
    invidious
    352 views
    Thumbnail for The Duff Brewery3:43
    The Duff Brewery
    clips
    868 views

points

Permalink
Reply
reason tv
,
reason foundation
,
event
,
david stockman
,
finicial
,
markets
,
wall street
,
feds
,
federal reserve
,
bubble
,
freddie
,
fannie
,
leahman
,
housing market
,
regulation
,
austrian economics
,
the great deformation
,
savings
,
inflation
,
budget
,
spending
,
government
,
crony capitalism
,
economic crisis
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle