#94: Radical Uncertainty — Mervyn King

Mervyn King was Governor of the Bank of England from 2003 to 2013.

Show notes

Selected links

Topics discussed

  • Why did Mervyn choose to study economics at Cambridge? 11:06
  • Keynes’ General Theory. 17:41
  • Debt-deflation. 23:58
  • When Mervyn met Ben. 29:20
  • Was Mervyn caught off guard by the Global Financial Crisis? 31:40
  • Does stability lead to instability? 38:18
  • The stability heuristic. 41:43
  • What is radical uncertainty? 49:54
  • How technology creates radical uncertainty. 1:04:57
  • Why has the economics profession overlooked radical uncertainty — and when did this blindspot begin? 1:13:10
  • Narratives. 1:25:18
  • What does it mean to be rational? 1:31:21
  • Speculative bubbles. 1:40:25

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