Watch: Boom Bust Boom 2015 123movies, Full Movie Online – Terry Jones presents Boom Bust Boom. The result of a meeting between writer, director, historian and Python Terry Jones and economics professor and entrepreneur Theo Kocken. Co-written by Jones and Kocken and featuring John Cusack, Nobel Prize winners Daniel Kahneman, Robert J Shiller and Paul Krugman, the film is part of a global movement to change the economic system through education to protect the world from boom and bust. A unique look at why economic crashes happen, Boom Bust Boom is a multimedia documentary combining live action with animation and puppetry to explain economics to everyone..
Plot: Terry Jones presents Boom Bust Boom. The result of a meeting between writer, director, historian and Python Terry Jones and economics professor and entrepreneur Theo Kocken. Co-written by Jones and Kocken and featuring John Cusack, Nobel Prize winners Daniel Kahneman, Robert J Shiller and Paul Krugman, the film is part of a global movement to change the economic system through education to protect the world from boom and bust. A unique look at why economic crashes happen, Boom Bust Boom is a multimedia documentary combining live action with animation and puppetry to explain economics to everyone.
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An Engaging and Amusing Documentary of Financial Crises in Capitalism
OK, so maybe you have to be an economist (like me) or a financial analyst to enjoy this 70 minute trip through the periodic financial crises (like the one in 2008) that seem to plague capitalism, but I believe any educated person interested in the causes and after-effects of the 2008 crisis can enjoy this film. It’s an interesting combination of animation, puppetry, and original songs that’s melded with serious commentary by a number of well-known and influential economists including three Nobel Prize winners. We learn about the various “asset price bubbles” that preceded the unsustainable run-up in home prices prior to the financial crisis and stock market crash of 2008, like the tulip bubble in 17th century Holland, the South Seas bubble in 18th century Britain, and of course the Wall Street crash of 1929. Terry Jones, one of the filmmakers, proves once again that the Monty Python comedy troupe harbored some of the most intelligent, if zany, comedians you’ll find anywhere.The larger issue in this unusual and amusing documentary is the inability of the prevailing mainstream paradigm in economics (the “neo-classical synthesis” for you aficionados) to reflect the mass psychology of financial markets and institutions and their periodic proclivity to either “irrational exuberance” or morbid fear. In addition, the regulatory authorities periodically accommodate market excesses by deregulation and then become more restrictive when the financial excesses have already wrecked the real economy as shown in this film. I am largely sympathetic with this point of view and have long felt that economics suffers from “physics envy” with its elaborate mathematical models (made possible by the assumption that economic agents are optimizing and calculating machines) and its emphasis on market equilibriums. Some of the speakers in this film suggest that economics would be more realistic if it became more of a narrative and descriptive discipline similar to the other social sciences and made less heroic assumptions about the rationality of its agents. Of course, that would be at the expense of the “rigor” of the discipline. Unfortunately, there were no counter-arguments presented by the filmmakers, and at the end we have one economist say: “we have to re-design a new economy.” When I hear that, I’m left with the thought that just maybe the periodic excesses in financial markets are the necessary price we must pay for the dynamism of a market economy.
The movie is perfect at its intended purpose.
The movie is perfect at its intended purpose. I’m not doing this as an economist but considering that economists have watched ships fall off the edge of the earth I’m not sure that would be helpful. Towards the ending I find the best tool by finding a very useful group or think tank to follow. In fact I will follow many people in this movie. I found it obvious the 2008 crash was going to happen. I tried to convince my spouse to sell our house but he didn’t understand what we would do. I said we’re gonna buy the house back or another one in a few months because obviously the markets about to crash. Humans act like humans. Silly economics where you listen to experts talk about jibber and jabber while they make money no matter what happens is ridiculous economics. Economics and all that stuff is generally just the science of how to rip people off who can be taken advantage of. It’s no different than any other scam system. People in the government, people outside the government, people in banks, people who are smart realize that there’s a big pyramid scheme going on and they just play along and get out on time if they can. If I could’ve seen it anybody could’ve seen it. I think it’s funny that some people put that their review contain spoilers. All the spoilers are in the news and on the Internet. This is a movie about what happens in the economy and what happened in the economy and what will happen again in the economy.
Original Language en
Runtime 1 hr 10 min (70 min)
Budget 0
Revenue 0
Status Released
Rated G
Genre Documentary, History
Director Bill Jones, Terry Jones, Ben Timlett
Writer Terry Jones, Theo Kocken
Actors Terry Jones, George Magnus, Robert Shiller
Country Netherlands, United Kingdom, United States
Awards N/A
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Website N/A
Sound Mix N/A
Aspect Ratio N/A
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Laboratory N/A
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Printed Film Format N/A