David Tuckett - The Human Element: Reinserting People into Finance

David Tuckett - The Human Element: Reinserting People into Finance

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of financial crises, comparing the 2008 and 1931 events, and highlights the role of human judgment in economic decisions. It explores the concepts of greed and fear in finance, emphasizing the need for awareness of social consequences. The discussion also covers the distortion of resource allocation by financial systems, leading to wealth disparity.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does James compare in his book regarding financial crises?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the author describe the role of financiers during a crisis?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of human judgment in financial decisions according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the author differentiate between greed and aspiration in finance?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way does the author believe finance should be connected to social consequences?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the author raise about the current financial system?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the author suggest about the distribution of wealth in society?

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