Discussion 8 Week 8—The Economic Concept of “Moral Hazard”

Discussion 8

Week 8—The Economic Concept of “Moral Hazard”

–4 short but fascinating videos on President Andrew Jackson, as well as various U.S. founding fathers, on fearing the actions and corruptions of big bankers!!! How
does this illustrate “Moral Hazard” and Sound familiar to today

1 President Andrew Jackson and Big Banks–sounds like today!!!) –(from History Channel)-http://www.youtube.com/watch?v=Knf8KA5aAjw&feature=related

2 (Also Thomas Jefferson) — http://www.youtube.com/watch?v=3cnItVN1Gk0 and

3 http://www.youtube.com/watch?v=H7yjfI19b7s

4 ( from HBO film mini series on President John Adams– (Watch at the dinner table–George Washington, Thomas Jefferson- who had just returned from Paris, Alexander
Hamilton, our first Secretary of the Treasury, and John Adams) http://www.youtube.com/watch?v=UrxKOO0nKwc

CAMILLE CASTORINA USA TODAY OP ED EDITORIAL ON FED CASTORINA USA TODAY FED EDITORIAL OP ED.doc

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