Krugman and Stiglitz: What's the Future of Economic Thinking?

Krugman and Stiglitz: What's the Future of Economic Thinking?

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Interactive Video

Business

University

Hard

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The video discusses the need for more empirical work in economics, critiquing the reliance on rational behavior models. It emphasizes the importance of intellectual humility and openness to new ideas, highlighting the limitations of current economic theories. The discussion concludes with reflections on scientific progress and the role of humility in advancing economic thought.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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