Economics and the Powerful – INET Conference (Video)

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When economies exhibit dreadful results is it because we have flawed understanding? Or are correct models often ignored? Are good economists listened to? Does scientifically robust work prevail when it conflicts with the desires of the powerful? What are the lessons of economic history for understanding the role of expertise in guiding social outcomes?

Watch panel titled “Economics and the Powerful: Faulty Analysis, Economic Advice, and the Imperatives of Power” at the Institute for New Economic Thinking’s conference in Hong Kong.

Featured panelists:

  • Norbert Haring – Correspondent, Handelsblatt
  • Steve Keen – Professor, University of Western Sydney
  • Robert Lord Skidelsky – Emeritus Professor, University of Warwick


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  • DaveCr

    Audio so out of sync for both last INET videos..unfortunately unwatchable :-/

    • Chris Jones

      Good tip for people bothered by the sync: open an extra window or tab with the video playing and mute one of them, then use pause to sync them yourself. Good luck!

    • John Pablo

      Clicking on the actual link, rather than the picture leads to the perfectly in-sync video. (I have no idea where that pic + it’s corresponding link came from – I certainly didn’t supply it!)

  • John Pablo

    “Positive Money” is referred to here:

    Video (53 mins) – presentation to the Chartered Institute for Securities
    and Investment (CISI)
    Economics to Save our Civilisation
    “Somewhere in our history we took a wrong turn and today we are
    reaping the consequences. If we don’t step back to evaluate the
    root causes of the rolling economic crises, our civilisation is in
    danger of collapse.”

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