Marshall Auerback is a Market practitioner/analyst and Research Associate at the Levy Institute for Economics. We discuss Bankster scandals, income inequality and the Democrats that walk in lock step with the GOP on these issues. His recent peice in Alternet exposes the Crapo bill that is endemic of the relationship.
We also take a deep dive into the LIBOR, Adam Smith, and the embedded moral decisions in positive economics. The conversation is both educational and accessible.