The Limits of Economics
Feb 24, 2014•7 min
Episode description
Economists use models to try to make sense of economic trends and shape policies. But, since the financial meltdown of 2008, many have criticized what they see as an overreliance on these models which failed to predict the crisis. The former President of the European Central Bank suggests ways these models might be improved.
For the best experience, listen in Metacast app for iOS or Android
