John Smithin: Macroeconomic Management After a Crisis (6/7)

The video discusses the need for new economic thinking, referencing Keynes and Hayek's philosophies. It highlights the importance of macroeconomic management and planning, analyzing the Bretton Woods system and its impact on economic policies. The discussion also covers exchange rate fluctuations and their implications for Canada and the UK, concluding with reflections on economic theories.

How does the speaker differentiate between moral and material issues in economic acts?

What does the speaker mean by 'the mistakes of the past' in economic policy?

What lessons does the speaker draw from the economic experiences of Canada compared to Britain?

What is the speaker's stance on inflation targeting policies?