Larry Ball is a professor and department chair of economics at Johns Hopkins University. He is published widely in the field of macroeconomics and joins the show today to discuss his new book, *The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster* and its implications for potential future crises. David and Larry also dive deep into the events leading up to the Lehman collapse, the effects it had on the broader economy, and the lessons that can be learned from the fallout ten years later. 
 
Larry’s Johns Hopkins profile: http://econ.jhu.edu/directory/laurence-m-ball/
Larry’s NBER archive: http://www.nber.org/people/laurence_ball
 
Related Links: 
*The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster* by Laurence Ball 
https://www.cambridge.org/core/books/fed-and-lehman-brothers/14BE6C2AD579DC4782EC27F2A6AF2FA6
 
David’s blog: macromarketmusings.blogspot.com
David’s Twitter: @DavidBeckworth

112 – Larry Ball on the Lehman Brothers Collapse and Its Role in the Great Recession

Hosted by David Beckworth of the Mercatus Center, Macro Musings is a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.