Rethinking Financial Markets
Robert challenges the orthodox view on financial markets, highlighting their inefficiency and the need for government intervention. He critiques the belief in market optimization and the misconception that minimal regulation ensures stability, shedding light on the flaws in the system that led to the 2008 crisis.In this clip
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Odd Lots
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Related Questions
Are markets truly efficient according to Mindscape 293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity and Market Ecology Insights?
What role did regulation play in the financial crisis of 2008 as discussed in the episode Arnold Kling on Credit Default Swaps, Counterparty Risk, and the Political Economy of Financial Regulation and the clip Greenspan's Worldview, as well as in the episode Russ Roberts on the Crisis and the clip The Collapse's Underlying Causes?
What caused the 2008 financial crisis as discussed in the episode Jeffrey Sachs on Charter Cities and How to Reform Graduate Economics Education | Convos with Tyler and the clip Misdiagnosis and Prescription?