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Spoon 11th · 04-07-13, 07:42 PM

I don't know if this is related. The subject doesn't interest me enough, but here's a video from ReasonTV channel:

Vernon Smith and Steve Gjerstad on Housing and the Never-Ending Recession

"All [economic] recoveries are associated with recoveries in housing...except for the Great Recession, this last one," says behavioral economist and Nobel Prize winner Vernon Smith.

Smith and colleague Steve Gjerstad spoke at Reason Weekend, the annual donor event held by Reason Foundation (the nonprofit that publishes Reason.com). They argue that the recession is far from over and that the lingering effects of the collapsed housing market will be felt for years to come.

35 minutes

04-07-13, 07:42 PM	#11
Spoon 11th Seasoned Skipper Join Date: Mar 2001 Location: Finland Posts: 689 Downloads: 10 Uploads: 0	I don't know if this is related. The subject doesn't interest me enough, but here's a video from ReasonTV channel: Vernon Smith and Steve Gjerstad on Housing and the Never-Ending Recession "All [economic] recoveries are associated with recoveries in housing...except for the Great Recession, this last one," says behavioral economist and Nobel Prize winner Vernon Smith. Smith and colleague Steve Gjerstad spoke at Reason Weekend, the annual donor event held by Reason Foundation (the nonprofit that publishes Reason.com). They argue that the recession is far from over and that the lingering effects of the collapsed housing market will be felt for years to come. 35 minutes