The History Podcast #10 - Bubbles

The History Podcast #10

Download Podcast - Bubbles

On Today's History Podcast, Mr. Jackson explains economic bubbles. We discuss the reason for economic bubbles and examine past economic bubbles.

Some economists do not believe economic bubbles exist, but others, notably Noble Prize winner Robert Shiller, believe they do and can explain exactly how they occur.

Shiller accurately predicted the Dot Com Bubble and Housing Bubble. This New York Times article succinctly summarizes his philosophy on predicting bubbles. Are we in a bubble right now? Don't ask us, we didn't win a Noble Prize.

Side Note: The economist he is splitting the Noble Prize with claims that economics bubbles don't exist. Go figure.

The History Podcast #6 - AIG and the Crash

The History Podcast #6

Download Podcast - AIG and the Crash


This history podcast lets you know who to blame for the 2008 economic crisis. Although there are many parties to blame, AIG figures to be a prime target. Their ridiculous insurance policies and their investment strategies nearly collapsed our entire economy. The country escaped, but the households did not.

The History Podcast #4 - The Panic of 1837

The History Podcast #4

Download Podcast - Panic of 1837

This history podcast is about bubbles, panic, and stupid economic decisions. The Cotton bubble busts. The western frontier housing bubble busts. Interest rates rise. Andrew Jackson kills the National Bank, the one thing that could have stopped the madness. Instead, a very long depression occurs. The Era of Good Feelings quickly turns.