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Liaquat Ahamed: Lessons from the Great Depression This presentation is an Academy Evening that was delivered at the Madison Museum of Contemporary Art on October 20, 2009. Academy Evenings are organized by the Wisconsin Academy of Sciences, Arts and Letters. In his public talk, author and finance expert Liaquat Ahamed draws parallels between the present global financial situation and the Great Depression. In comparing the conditions leading up to the meltdowns, the ways lawmakers handled them and the periods of recovery that followed, Ahamed shares his view of responses that have worked and those that have not. His insights also suggest changes to the domestic regulatory structure and the global financial system that would avoid a repeat of the cataclysm. Ahamed’s award-winning book, Lords of Finance: The Bankers Who Broke the World, came out in January 2009. view the video [1 hr. 10. min.] | read the transcript |
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