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How Greenspan's Framework Went Awry

submitted by NetRunner

1 decade 5 years 4 months 1 week ago

From YT: Nobel laureate Daniel Kahneman examines Alan Greenspan's financial framework in light of the current economic crisis.

3 Comments

MycroftHomlz

says...

*money

siftbot

says...

Adding video to channels (Money) - requested by MycroftHomlz.

marinara

says...

I watched this whole episode. Not for the ADD crowd, even the moderator couldn't follow the economic guy.

Really what u have is one Professor of Psychology, who was able to sit down with an unique troll who can unravel financial instruments and see these instruments as the paper-thin fragile self-destructive bombs that can't survive in the real world.

The troll was able to incorporated the Professors psychological explanations of why peeople take absurd risks. That's the whole hourlong presentation if you can follow it