Financial Whirlpools

How do economists reconcile their expertise with their failures to predict and manage the 2008 financial crisis? In her fully integrated view of the economy, how it works, and how the economic crisis burst, the author combines human psychology, cultural values, and belief formation with descriptions [...]
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How do economists reconcile their expertise with their failures to predict and manage the 2008 financial crisis? In her fully integrated view of the economy, how it works, and how the economic crisis burst, the author combines human psychology, cultural values, and belief formation with descriptions of the ways banks and markets succeed and fail.