Should we have let foundering financial firms fail in 2008? Economics correspondent Paul Solman sits down with economist Paul Krugman to discuss the provocative bestseller "The Great Deformation" by David Stockman and the government's role in mediating economic meltdowns.

This video is from the Making Sen$e with Paul Solman video series from PBS. Learn more about these videos and view a listing of the most recent videos we have available.

Key Concepts

Government Expenditures, Government Revenues, Fiscal Policy, Income Tax, Monetary Policy, Business Cycles, Cyclical Unemployment, Expansionary Fiscal Policy, Federal Reserve, Recession

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