INSIDE JOB - Dylan Ratigan Interviews Director Charles Ferguson - How Wall Street Took Over Government
By Inisde Job Director Charles Ferguson
Why economists are part of the problem
Both Glenn Hubbard and Laura Tyson have played major roles in American economic policy, and both also, unfortunately, exemplify the disturbing, opaque conflicts of interest that pervade the economics discipline.
Over the last thirty years, academic economics has been penetrated by special interests, particularly financial services, in the same way that America’s political and regulatory systems have been compromised by campaign contributions and the revolving door. In fact, the “revolving door” is now a triangular trip between industry, government, and academia.

Aug 27, 2011 at 12:11 PM


