The Complexity Of The Economy In The Film Boom Bust Boom

The film Boom Bust Boom by film maker Terry Jones basically sums up to a cartoon film explaining how our economy came to be and how the people made it work. In order to explain the correlation between risks and stability, Jones used special animations and puppets to make it more entertaining for viewers to understand the complexity of the economy more easily. Some points discussed in the film, such as the bubble, were similar to the ideas of Adam Smith, because it draws parallels to the idea of the invisible hand in the free market. Just like how the bubble goes through constant cycle because stability leads to instability, optimism leads to increases in prices, the economy is self-regulating. This film emphasizes on the idea of how instability