Main menu For students For teachers Explore our subjects Student events & courses

Teaching Economics

Blog

Boom Bust Boom

Geoff Riley

13th March 2015

Share this content:

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

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.