Financial Crises and the Failure of Economics

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Economics

Economic Crises

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Richard Bookstaber critiqued the discipline of economics as it has historically been practiced and discussed the challenges of managing risk and uncertainty in a complex macroeconomic environment. Participants had a lively conversation about financial regulation and what they perceived as being the most pressing threats to economic stability and prosperity in the post-2008 world. 

Richard Bookstaber
Richard Bookstaber, Chief Risk Officer, Office of the Chief Investment Officer, University of California

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