A blog on all things to do with economics and related subjects
Tuesday, 10 February 2009
EconTalk this week
Daron Acemoglu, of MIT, talks with Russ Roberts, the host of EconTalk, about the financial crisis and the lessons that need to be learned from the crisis. He argues that economists overestimated the stability of self-interest and ignored the institutional context of financial decision-making. He makes the case for new regulation and worries that political decisions will neglect the importance of growth.