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Lord Mervyn King: Radical Uncertainty

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Content provided by Policy Punchline and Princeton University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Policy Punchline and Princeton University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Lord Mervyn King is a professor of economics and law at the NYU Stern School of Business and the School of Law, and the former governor of the Bank of England. He served as Governor of the Bank of England and Chairman of its Monetary Policy Committee from 2003 to 2013. Lord King was knighted (GBE) in 2011, made a life peer in 2013, and appointed by the Queen a Knight of the Garter in 2014. Lord King’s most recent book, Radical Uncertainty, co-authored with John Kay, examines rationality, decision making under uncertainty, and the flaws with modern economic thinking. The book offers a powerful critique of the current state of economic scholarship and policymaking, arguing that the field of economics has developed an overreliance on fundamentally flawed models as well as misconceptions about risk and uncertainty. In this episode, we discuss Radical Uncertainty, touching on Lord King’s motivations in writing the book, its core ideas, and the implications of his critique on the future of economic policymaking. ------------------------------------------------------------------------------------------------- Host: Sam Lee Editor: Marko Petrovic
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175 episoade

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Manage episode 317408928 series 2691616
Content provided by Policy Punchline and Princeton University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Policy Punchline and Princeton University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Lord Mervyn King is a professor of economics and law at the NYU Stern School of Business and the School of Law, and the former governor of the Bank of England. He served as Governor of the Bank of England and Chairman of its Monetary Policy Committee from 2003 to 2013. Lord King was knighted (GBE) in 2011, made a life peer in 2013, and appointed by the Queen a Knight of the Garter in 2014. Lord King’s most recent book, Radical Uncertainty, co-authored with John Kay, examines rationality, decision making under uncertainty, and the flaws with modern economic thinking. The book offers a powerful critique of the current state of economic scholarship and policymaking, arguing that the field of economics has developed an overreliance on fundamentally flawed models as well as misconceptions about risk and uncertainty. In this episode, we discuss Radical Uncertainty, touching on Lord King’s motivations in writing the book, its core ideas, and the implications of his critique on the future of economic policymaking. ------------------------------------------------------------------------------------------------- Host: Sam Lee Editor: Marko Petrovic
  continue reading

175 episoade

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