Financial bubbles, crashes and crises
Financial Bubbles, Crashes and Crises
A brief introduction to the podkast; background, purpose and main themes discussed in the coming shows.
What is Money?
What is money and how is money created? Together with Arne Kloster from the Norwegian central bank we answer these and related questions.Bankplassen Blog:https://bankplassen.norges-bank.no/2019/01/04/hvordan-skapes-penger/
How Banks Work
Banking is risky business. What do banks do to to handle the risks they face? And have they become any better at handling these risks in recent years? Our guest today is Roar Hoff, an experienced banker and risk management expert.
Why do we have central banks and how have they developed historically? Today’s guest is financial historian Lars Fredrik Øksendal.
Theories of Financial Crisis
There are many different theories about why financial crises happen. In this episode we discuss some of these theories together with our guest, Beniamino Callegari. What are the main propositions of the theories and how useful are they in understanding the causes of financial bubbles, crashes and crises?
Austrian Theory and Monetarism
In this episode we discuss the main ideas as well as the usefulness of Austrian economic theory and monetarism in understanding financial crises. Our guest is liberal economist, writer and member of The Mont Pellerin Society, Lars Peder Nordbakken,
The Great Recession
In this episode I have invited back Beniamino Callegari to talk about the major financial crisis erupting in the US in 2007 and spreading to large parts of the globe – the often-called Great Recession. We discuss how well various theories of financial crises are at explaining the crisis and Beniamino also provides a broader historical view of the crises.
«Stability is destabilizing». In this episode we talk about the American economist Hyman Minsky and particularly his views on the financial system and financial crises. Our guest today is Thorvald Grung Moe, a 30 year veteran of the Norwegian Central bank and also a Minsky expert.
The collapse of Norwegian banking in the early 1990s
The Norwegian banking crisis of the early 1990s has been named among the “Big Five” banking crises of the advanced economies after World War 2 (Reinhart and Rogoff, 2009). What caused this major crisis? And how was it solved? To help us out answering these questions we have invited Bjørm Skogstad Aamo - the long-time head of the Norwegian financial surveillance authorities and (during the crisis), state secretary and lead advisor to the then Norwegian prime minister, Gro Harlem Brundtand.