George Akerlof, Markus Brunnermeier, Michael D. Goldberg, Jeremy Siegel

George Akerlof, Markus Brunnermeier, Michael D. Goldberg, Jeremy Siegel

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses global economic imbalances and the need for new economic thinking. Professor George Akerlof critiques traditional economic concepts like the production and utility functions, highlighting their misuse and the resulting errors. He emphasizes the importance of context in economic analysis and calls for a finer-grained approach to economics. The session concludes with a call for innovative thinking to address current economic challenges.

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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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