A conversation with Richard Posner on Charlie Rose

Posner is touting his new book “A Failure of Capitalism: The Crisis of ’08 and the Descent into Depression.”  This video with Charlie Rose runs just under 25 minutes.

Wikipedia says (Richard Posner):

Richard Allen Posner (born January 11, 1939, in New York City) is currently a judge on the United States Court of Appeals for the Seventh Circuit in Chicago and a Senior Lecturer at the University of Chicago Law School. He is an influential figure in the law and economics movement.

Posner is the author of nearly 40 books on jurisprudence, legal philosophy, and several other topics, including The Problems of Jurisprudence; Sex and Reason; Overcoming Law; Law, Pragmatism and Democracy; and The Problematics of Moral and Legal Theory. One journal has identified Posner as the most cited legal scholar of all time.[1] He is considered to be one of the most respected judges in the United States.[2]

See more of Posner’s thoughts on his Blog with Nobel Laureate Gary Becker.

  1. tom hunter says

    i don’t see how any hard working judge has time to write forty books

    while collecting a govt paycheck.

  2. Matlock says

    In a way he was quite refreshing and expressed a view which you don’t hear that often – namely he wasn’t sure whether things were going to get better or much much worse. 99% of economists will confidently predict based on their theories either a worsening depression or recovery 4QTR followed by slow growth etc..

    He also focused on limitations which again you don’t hear that often – both of the ability of the Administration to be determinative of the future economic outcome and of the very real practical difficulties faced by those who have to implement policies which sound simple on their face (eg good bank/bad bank).

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