The History of Finance since 1980 - Duncan Foley

The video discusses the disproportionate growth of the financial sector in relation to the overall economy, driven by policy and government actions. It highlights the unsustainable nature of this growth and the need to rebalance the financial sector with other economic activities. The video also examines how bankers capitalized on systemic opportunities and stresses the importance of setting clear limits to prevent finance from dominating the economy.

What factors contributed to the growth of the financial industry during the time discussed?

Why does the speaker believe that the current state of the financial sector is not sustainable?

How does the speaker suggest we can achieve a better balance between the financial sector and the rest of the economy?

What is the speaker's perspective on the responsibility of bankers in the financial system?

What are the implications of allowing finance to dominate the economy according to the speaker?