Boom Bust Boom

Boom Bust Boom is a new film on economics from Terry Jones (ex of Monty Python) and it provides a clear, blow-by-blow explanation of the 2008 crisis: how excessive lending to the non-creditworthy caused a giant bubble that eventually burst. The film then goes into great detail about past bubbles, from 17th-century Dutch tulip mania to the 1929 Wall Street crash. It concludes that unless the teaching of economics is overhauled -- and economic models factor in instability as a normal feature of capitalism -- crises will keep happening