S5 Ep43: The illusion of control
Sep 23, 2022•23 min•Season 5Ep. 43
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Episode description
We need a financial system, but does that mean we must also have regular financial crises? Regulation and risk management attempt to eliminate them, but does the cost and effort simply deliver what Jon Danielsson, in his new book, calls The Illusion of Control? He tells Tim Phillips that systemic risk is higher now than it was in 2008.
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