John Kay and Mervyn King on Radical Uncertainty
Released Wednesday, 5th August 2020
Good episode? Give it some love!
John Kay and Mervyn King on Radical Uncertainty
John Kay and Mervyn King on Radical Uncertainty
Wednesday, 5th August 2020
Good episode? Give it some love!
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Points this week:
(1) How do we know if someone is claiming the right degree of precision?
(2) If Russ + guests are right, how have economists gotten away with it for so long?
(3) Sunk cost fallacy is real and we should continue to preach it.
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