The Need for Economist "GPs"

The transcript discusses the loss of faith in expertise, particularly in economics, and critiques the portrayal of experts in the movie 'Inside Job'. It highlights the issue of economists being apathetic rather than corrupt, emphasizing the need for integration across different areas of expertise. The importance of recognizing patterns during crises is stressed, and the value of generalists who can integrate knowledge from various fields is underscored.

In what ways does the speaker suggest that the economics profession could improve its response to crises?

What is the significance of the reference to the 'magnificent growth of the CDs market' in the context of economic expertise?