Robert Johnson Opens INET's Bretton Woods Conference 2011

The speaker discusses the rapid changes in the world and the role of INET in engaging with these changes, particularly in politics and economics. The talk highlights the challenges in macroeconomics, the need for reorganization, and the importance of trust in expertise. It emphasizes the role of community support in addressing these challenges and concludes with a call for courage and collaboration.

What is the main focus of the speaker's talk?

• The introduction of INET into global conversations

• The achievements of the past year

• The progress of the organization and its partnerships

• The challenges of maintaining resolve

According to Ricardo Caballero, what does the illusion of precise policy adjustments lead to?

• Increased economic stability

• Overexposure to new and unexpected crises

• A stronger global economy

• Better policy frameworks

What does the speaker suggest about the role of politics in economics?

• It is central to understanding economic issues

• It is a minor factor in economic discussions

• It is irrelevant to economic stability

• It is only important during crises

What is the speaker's view on the current state of trust in markets and government?

• Trust has been completely restored

• Trust is irrelevant to economic discussions

• Trust is at an all-time high

• Trust is severely lacking

What does the speaker emphasize as crucial for addressing economic challenges?

• Individual effort and determination

• Relying solely on government intervention

• Ignoring past mistakes

• Rebuilding trust and community support

What does the speaker believe is necessary to avoid being seen as 'hollow men'?

• Ignoring criticism

• Embracing fallibility and courage

• Focusing only on individual success

• Avoiding collaboration

What does the speaker highlight as a positive example of community support?

• The success of a political campaign

• The organization of a conference

• The support for Roman Freedman's book

• The release of a new economic policy