Dennis Kelleher on The Biggest Blindspot in Mainstream Economics @ #INET2017

The video critiques the traditional view of efficient capital markets, arguing that the concept of the invisible hand never truly worked and often harms working people. It highlights the disproportionate benefits the financial system gains from wealth movement and criticizes the influence of purchased research and academics. The video calls for a reevaluation of past economic truths in light of current realities.

What is the traditional view of an efficient capital market?

How does the concept of the 'invisible hand' relate to the functioning of the market according to the text?

What are the implications of purchased research and academics in the financial system?

Discuss the relationship between wealth distribution and the majority of people as mentioned in the text.

What does the text suggest about the need for people to think anew regarding economic realities?