Andrew Ross Sorkin on Two Crises, Lasting Impact: How 1929 and 2008 Still Shape Finance | Hoover Institution

About this episode

Jon Hartley interviews Andrew Ross Sorkin about the lasting impacts of the 1929 and 2008 financial crises.

Jon Hartley and Andrew Ross Sorkin discuss Andrew’s career as a journalist, Andrew’s recent book 1929 and how the events between the 1929 Wall Street crash and 1933 reshaped banking and financial regulation, comparisons with the 2008 global financial crisis (chronicled in Andrew’s first book Too Big To Fail), and the policy lessons that have been learned from both events. Recorded on January 9, 2026. ABOUT THE SERIES Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative…

People in this episode

Host: Jon Hartley

Guest: Andrew Ross Sorkin

Topics covered

• finance
• banking regulation
• financial crises
• economic policy
• journalism

Keywords

• financial crisis
• banking
• regulation
• journalism
• economic policy

Mentioned in this episode

Organizations: Hoover Institution, Hoover Economic Policy Working Group

Books & works: 1929, Too Big To Fail, Capitalism and Freedom

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