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Video: Carmen Reinhart on Debt Overhang and More

Next in our series of video interviews from the Institute for New Economic Thinking conference: Carmen Reinhart, fellow at the Peterson Institute for International Economics and co-author of "This Time Is Different: Eight Centuries of Financial Folly." Reinhart

Two years after efforts to repair the post-crisis financial system began in earnest, David Brancaccio asks her how we're doing, and what still needs fixing.

Reinhart addresses debt overhang, a situation when debt is so large it essentially acts as a deterrent to future investments, as well as unemployment, and Too Big To Fail.

 

MORE VIDEOS IN THIS INTERVIEW SERIES:

VIDEO: Dealing with Too Big To Fail banks with Simon Johnson, professor of entrepreneurship, global economics and management at MIT and co-author of "13 Bankers: The Wall Street Takeover and the Next Financial Meltdown." Watch now.

VIDEO: Overcoming the "Balance Sheet Recession" with Richard Koo, chief analyst at Nomura Research Institute, the analysis arm of Japan's Nomura Securities. Watch now.

VIDEO:The internal contradictions of our post-crisis policies with Niall Ferguson, financial historian and author of "The Ascent of Money" and "Civilization: The West and the Rest," to be published in the U.S. this fall. Watch now.

VIDEO:Dealing with debt with Kenneth Rogoff, economist and co-author of "This Time its Different: Eight Centuries of Financial Folly." Watch now.

VIDEO: Fixing the world economy with Jean-Paul Fitoussi, an economist at the Institut d'Etudes Politiques de Paris, and part of the Stiglitz-Sen-Fitoussi commission that French President Nicolas Sarkozy asked to study moving beyond GDP. Watch now.

COMING SOON:

VIDEO: G-Zero, derivatives and fixing the economy with George Soros, chair of Soros Fund Management LLC and the founder of the Open Society Institute.

About the author

Stan Alcorn is a multimedia journalist in New York City. He has reported for NPR and WNYC, where he has focused on business and the New York tech scene.
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