Economics Opens Up into Long-term Turmoil - Martin Wolf

The transcript discusses the current turmoil in the economics profession, highlighting differing views on whether changes are needed. It suggests that young economists have new opportunities to explore the causes of crises. Policymakers face challenges in addressing crises due to limited political capital. There is concern that the financial system may become more dangerous, with a lack of consensus on solutions and the potential for future crises.

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