{"id":158675,"date":"2016-04-01T21:02:49","date_gmt":"2016-04-02T04:02:49","guid":{"rendered":"http:\/\/www.shockya.com\/news\/?p=158675"},"modified":"2016-03-31T21:53:59","modified_gmt":"2016-04-01T04:53:59","slug":"boom-bust-boom-movie-review","status":"publish","type":"post","link":"https:\/\/www.shockya.com\/news\/2016\/04\/01\/boom-bust-boom-movie-review\/","title":{"rendered":"Boom Bust Boom Movie Review"},"content":{"rendered":"<p><strong>BOOM BUST BOOM<\/strong><br \/>\n<strong>Bill and Ben Productions &amp; Brainstorm Media<\/strong><br \/>\n<strong>Reviewed by: Harvey Karten for Shockya, d-based on Rotten Tomatoes<\/strong><br \/>\n<strong>Grade: B+<\/strong><br \/>\n<strong>Director:\u00a0 Terry Jones, Bill Jones, Ben Timlett<\/strong><br \/>\n<strong>Written by: Terry Jones, Theo Kocken<\/strong><br \/>\n<strong>Cast:\u00a0 Theo Kocken, John Cusack, Paul Mason, John Cassidy, Andy Haldane, Daniel Kahneman, Robert Shiller, Paul Krugman, Alan Greenspan, Terry Jones, George Magnus, Laurie Santos, Sweder van Wijnbergen, Philip Bulcock, Andre Jacquemin, Zvi Bodie, Dick Bezemer.<\/strong><br \/>\n<strong>Screened at: Review 2, NYC, 2\/29\/16<\/strong><br \/>\n<strong>Opens: March 11, 2016<\/strong><\/p>\n<p>Can you imagine a serious movie about a serious subject that uses a South Park cartoon to great effect?\u00a0 That results from the genius of Terence Graham Parry Jones, better known as the Welsh director, Terry Jones: comedian, screenwriter, actor, film director, historian and author. He is best known as a member of the Monty Python comedy troupe.\u00a0 And if you\u2019ve never seen a Monty Python movie, you don\u2019t know how delightfully intellectual and yet how seemingly unserious a comedy can be.\u00a0 With \u201cBoom Bust Boom\u201d Jones, in a script he co-wrote with Theo Kocken and co-directs with Ben Timlett and Bill Jones, holds that one hundred percent of what you learned in Economics is false, which is the kind of overstatement you can expect from someone deeply involved in Monty Python skits.\u00a0 What\u2019s really fake, though, is that economists, with a few exceptions like one Hyman Minsky, do not assume that people are irrational. Hey, Donald Trump is leading in the Republican polls.\u00a0 What does that tell you about human rationality?<\/p>\n<p>Hyman Minsky, as Jones and Kocken bring out, noted that economic models are fragile because of human irrationality.\u00a0 When corporate cash flow rises beyond what is needed to pay off debt, euphoria develops, and soon thereafter debts exceed what borrowers can pay off from their incoming revenues, which in turn produces a financial crisis. As a result of such speculative borrowing bubbles, banks and lenders tighten credit availability, even to companies that can afford loans and the economy subsequently contracts.\u00a0 That\u2019s what the 2008 crash was all about.<\/p>\n<p>Nevertheless,\u201cBoom Bust Boom\u201d exaggerates in its insistence that economic theory does not take into account the inevitably of crashes, a natural product of capitalist business cycles.\u00a0 Even in 1958 when I took a course in General Economics, we learned about business cycles including the sad fact that boom-and-bust cycles will occur regularly.\u00a0 Crashes, we learned, can be moderated by strong government regulation, an idea that was anathema to President Ronald Reagan, who is responsible for massive deregulation\u2014though Reagan\u2019s name surprisingly does not get a mention in this movie.<\/p>\n<p>\u201cBoom Bust Boom\u201d is a documentary for people who do not run to box offices to buy into non-fiction film, and with good reason.\u00a0 The typical doc features interviews, talking heads who, despite being informative simply talk to the camera or to one another.\u00a0 But this doc is loaded with Monty Python-esque creativity.\u00a0 Alan Greenspan appears in person and in caricature, admitting his role in bringing about the 2008 crash, which resulted largely from the policy of euphoric banks to grant mortgages to people who could not afford the housing they bought.\u00a0 Spokespersons are presented not only in real life shots but in caricatures that look remarkably like them, as do the cartoonish versions of Nobel prize winning New York Times writer Paul Krugman and also Daniel Kahneman. Same goes for journalists Paul Mason and John Cassidy.<\/p>\n<p>If you think that only Michael Moore and \u201cSuper Size Me\u201d\u2019s Morgan Spurlock can entertain as well as enlighten, you\u2019ll be pleasantly surprised by the creativity of the animation department of \u201cBoom Bust Boom,\u201d and if you\u2019re an investor, you\u2019ll be wary of taking wild chances when the U.S. economy is running on all cylinders.\u00a0 Moderation is the key in economics as in all things.\u00a0 The Greeks knew that 2,500 years ago.\u00a0 Why don\u2019t we know it now?<\/p>\n<p><strong>Unrated.\u00a0 74 minutes.\u00a0 \u00a9 Harvey Karten, Member, New York Film Critics Online<\/strong><\/p>\n<p><strong>Story \u2013 B+<\/strong><br \/>\n<strong>Acting \u2013 B<\/strong><br \/>\n<strong>Technical \u2013 A<\/strong><br \/>\n<strong>Overall \u2013 B+<\/strong><\/p>\n<p><a href=\"http:\/\/www.shockya.com\/news\/wp-content\/uploads\/bbb.jpeg\"><img decoding=\"async\" src=\"http:\/\/www.shockya.com\/news\/wp-content\/uploads\/bbb.jpeg\" alt=\"bbb\" width=\"600\" class=\"alignnone size-full wp-image-159237\" srcset=\"https:\/\/www.shockya.com\/news\/wp-content\/uploads\/bbb.jpeg 630w, https:\/\/www.shockya.com\/news\/wp-content\/uploads\/bbb-300x172.jpeg 300w\" sizes=\"(max-width: 630px) 100vw, 630px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BOOM BUST BOOM Bill and Ben Productions &amp; Brainstorm Media Reviewed by: Harvey Karten for Shockya, d-based on Rotten Tomatoes Grade: B+ Director:\u00a0 Terry Jones, Bill Jones, Ben Timlett Written by: Terry Jones, Theo Kocken Cast:\u00a0 Theo Kocken, John Cusack, Paul Mason, John Cassidy, Andy Haldane, Daniel Kahneman, Robert Shiller, Paul Krugman, Alan Greenspan, Terry [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":159237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,4],"tags":[37723,30478,18941],"class_list":["post-158675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-movies","category-reviews","tag-boom-bust-boom","tag-economy","tag-monty-python"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Boom Bust Boom Movie Review<\/title>\n<meta name=\"description\" content=\"BOOM BUST BOOM Bill and Ben Productions &amp; 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