Don't Throw out Baby with Bath Water - Helene Ray

The video discusses the importance of existing economic knowledge and the need to focus on facts and data. It highlights the impact of the Great Moderation on economic thought, emphasizing the need to address market imperfections in policy models. The speaker calls for the development of usable models through intellectual collaboration and diverse perspectives.

What is the speaker's belief about the current state of economic knowledge?

According to the speaker, what factors may have contributed to a lack of intellectual engagement in economics?

What does the speaker suggest about the importance of different methodologies in economics?

How does the speaker view the role of market imperfections in economic thinking?

What is the significance of collaboration among different people in economic research, according to the speaker?