Macroeconomics 3: Booms, Busts & Us
Planet Money Summer School
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Is Bankruptcy a Helping Hand for a Business?
CNN's John Sutter talks with economist atif mian about the business cycle. He says bankruptcy is an example of government providing a helping hand in times of trouble. But it can also lead to people taking too many risks and over-spending, he says. And this could cause distortions in the economy that get caught up in regular cross hairs.
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