The Joe Walker Podcast

Housing Bubble Week Epilogue: Not All Bubbles Are Created Equal - Vernon Smith

Sep 27, 2020
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Episode notes
1
Introduction
00:00 • 3min
2
The Importance of Borrowing Money in the Great Recession
02:33 • 4min
3
The Risks of Housing Bubbles to Financial Stability
06:28 • 6min
4
The Risks of Housing Bubbles
12:19 • 4min
5
The Importance of Housing Bubbles
16:19 • 2min
6
The Importance of Reading
18:27 • 3min
7
How I Identified the Best College in the United States
21:03 • 3min
8
The Great Depression
23:50 • 4min
9
The Importance of Experimental Economics in Housing Markets
28:06 • 3min
10
The Importance of Equilibrium in Economics
31:05 • 4min
11
The Effects of Bubbles on the Asset Markets
35:21 • 3min
12
The Secret to a Perfect Hamburger
38:23 • 3min
13
The Contrast in Markets for Perishables
41:00 • 4min
14
The Connection Between Credit and Housing Bubbles
45:01 • 6min
15
How to Trade for Something That's Never Been Traded Before
50:34 • 2min
16
The Effects of Credit on the Asset Market
52:11 • 2min
17
The Psychology of Housing Bubbles
54:21 • 5min
18
The History of Housing Bubbles
58:54 • 3min
19
The US Housing Bubble and the Great Recession
01:01:50 • 2min
20
The Clinton Housing Bubble
01:03:58 • 2min
21
The Tax Policy Change That Sweetens the Deal on the Resale Value of Housing
01:06:00 • 2min
22
The History of the US Housing Bubble
01:08:03 • 4min
23
Why Do Housing Bubbles Crash?
01:11:33 • 5min
24
The Complexity of the Housing Market
01:16:55 • 2min
25
The Fundamental Asymmetry of Losses and Gains in a Housing Bubble
01:19:23 • 5min
26
The Macroeconomic Consequences of Housing Busts
01:24:31 • 3min
27
The Problem With Macroeconomic Models
01:27:42 • 3min
28
The Importance of Balance Sheets in Home Ownership
01:30:55 • 5min
29
The Effects of Negative Equity on the Housing Market
01:35:41 • 4min
30
The Effect of Negative Equity on Consumption
01:39:54 • 5min
31
The Price Cycle and the Great Depression
01:45:04 • 2min
32
The Importance of the Construction Bust
01:47:16 • 5min
33
The Volatility of Australia's Housing Bubble
01:52:41 • 2min
34
The Australian Housing Market
01:54:55 • 2min
35
Narrative Economics: How Foreign Buyers Influence Australian Housing Markets
01:57:03 • 5min
36
The Role of the Federal Reserve in the Great Depression
02:01:37 • 2min
37
Ben Bernanke's Intervention in the Housing Market
02:03:28 • 4min
38
The Difference Between Innovation and Deludes
02:07:34 • 2min
39
The Great Depression and the Housing Bubble
02:09:58 • 4min
40
The Great Depression in Australia
02:14:05 • 2min
41
The Boom of 1890
02:16:15 • 2min
42
The Importance of Psychology in Bubbles
02:18:30 • 2min
43
The Importance of Experimentalism in the Economy
02:20:53 • 3min