The aim of this weekly podcast is to make economics easy, uncomplicated and accessible. With the world at a political, technological and financial tipping point, economics has never been so important to all of us and yet, it’s made inaccessible and com...
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Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
Hosted on Acast. See acast.com/privacy for more information.
Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
Hosted on Acast. See acast.com/privacy for more information.
Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
Hosted on Acast. See acast.com/privacy for more information.
The majority of my tribe, economists have been getting it wrong for decades, if you go back and look at economic research from the seventies, nobody is talking about coming inequality. Yet inequality afflicts the West, dominating politics. This week, in a not-so-groundbreaking revelation, Ben Bernanke's report on the Bank of England's failures shows us how out-of-touch economists really are. Economists need to get out more, mix a bit, walkabout more! A blind faith in mathematical precision has clouded our judgment. Humans are messy and economics is about humans, so let's be messy.
Pre-order Money:A Story of Humanity here: https://linktr.ee/moneydavidmcwilliams
Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. We chatted to Michael Lewis recently, who spent over a year with SBF, immersing himself in the universe of crypto-bros, and recently published his book 'Going Infinite' which tracks back the entire story of the crypto-hack that is SBF. We discuss his limited emotional intelligence, male over-confidence, and the Dunning-Kreuger effect. With every new technology, there will be speculation, bubbles, and, most importantly, white-collar crime - SBF was one of the first in the crypto world but won't be the last.
Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.
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