Alan Greenspan: The bubble economy — Is this time different? | LIVE STREAM

Two decades after Alan Greenspan’s famous “irrational exuberance” speech at AEI in 1996, global asset market prices again appear to be frothy. Years of highly unorthodox monetary policy have contributed to record-high global stock market prices, unprecedentedly low and even negative government bond yields, and renewed housing market bubbles. This seminar will discuss whether the world economy is now experiencing an asset market price bubble and what might be done to prevent such bubbles from forming. It will also consider how policymakers might better respond to the bursting of bubbles to avoid a repeat of the boom-bust cycles of recent years. Subscribe to AEI's YouTube Channel https://www.youtube.com/user/AEIVideo... Like us on Facebook   / aeionline   Follow us on Twitter   / aei   For more information http://www.aei.org Third-party photos, graphics, and video clips in this video may have been cropped or reframed. Music in this video may have been recut from its original arrangement and timing. In the event this video uses Creative Commons assets: If not noted in the description, titles for Creative Commons assets used in this video can be found at the link provided after each asset. The use of third-party photos, graphics, video clips, and/or music in this video does not constitute an endorsement from the artists and producers licensing those materials. AEI operates independently of any political party and does not take institutional positions on any issues. AEI scholars, fellows, and their guests frequently take positions on policy and other issues. When they do, they speak for themselves and not for AEI or its trustees or other scholars or employees. More information on AEI research integrity can be found here: http://www.aei.org/about/ #aei #news #politics #government #education #livestream #live #greenspan #economics #fed