S5 Ep43: The illusion of control

VoxTalks Economics
23/09/2022 22 min Temporada 5 Episodio 43
S5 Ep43: The illusion of control

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Episode Synopsis

We need a financial system, but does that mean we must also have regular financial crises? Regulation and risk management attempt to eliminate them, but does the cost and effort simply deliver what Jon Danielsson, in his new book, calls The Illusion of Control? He tells Tim Phillips that systemic risk is higher now than it was in 2008.
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