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2024:32 Humanomics

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Content provided by David McWilliams and John Davis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David McWilliams and John Davis 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://player.fm/legal.

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.



Hosted on Acast. See acast.com/privacy for more information.

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499 episodes

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2024:32 Humanomics

The David McWilliams Podcast

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Manage episode 413110309 series 2507859
Content provided by David McWilliams and John Davis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David McWilliams and John Davis 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://player.fm/legal.

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.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

499 episodes

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