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Listen "Taleb on the Financial Crisis"
Episode Synopsis
Nassim Taleb talks with EconTalk host Russ Roberts about the financial crisis, how we misunderstand rare events, the fragility of the banking system, the moral hazard of government bailouts, the unprecedented nature of really, really bad events, the contribution of human psychology to misinterpreting probability and the dangers of hubris. The conversation closes with a discussion of religion and probability.
More episodes of the podcast EconTalk Archives, 2009
Hamilton on Debt, Default, and Oil
21/12/2009
McArdle on Debt and Self-Restraint
07/12/2009
Reinhart on Financial Crises
23/11/2009
Posner on the Financial Crisis
16/11/2009
Sumner on Monetary Policy
09/11/2009
Calomiris on the Financial Crisis
26/10/2009
In God we trust