Mervyn King

Pres. Biden is pursuing some of the largest spending proposals in U.S. history, which should be sparking concerns about inflation and interest rates. But most prominent bankers and economists have told us not to worry. Fmr Central Banker Mervyn King says they shouldn't be so confident. On this episode, we speak with Lo

Mervyn King explores how some uncertainty is unavoidable and how statistical forecasts can lead us astray if we're not careful. The post https://www.aei.org/multimedia/mervyn-king-how-to-handle-radical-uncertainty/ (Mervyn King: How to handle radical uncertainty) appeared first on https://www.aei.org (American Enterpri

John Kay, an economist at Oxford University, and Mervyn King of the London School of Economics, discuss their recently published book, Radical Uncertainty: Decision-Making Beyond the Numbers

Mervyn King was Governor of the Bank of England from 2003 to 2013. Show notes Selected links •Follow Mervyn King: Website •Radical Uncertainty, by Mervyn King and John Kay •The General Theory of Employment, Interest, and Money, by John Maynard Keynes •'Debt deflation: Theory and evidence', paper by Mervyn King •The End

John Kay and Mervyn King talk about their book, Radical Uncertainty, with EconTalk host Russ Roberts. This is a wide-ranging discussion based on the book looking at rationality, decision-making under uncertainty, and the economists' view of the world.