Sheila Dow: The Economics of Uncertainty

Sheila Dow: The Economics of Uncertainty

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video features an interview with a professor emeritus discussing the role of uncertainty in economic theory, particularly in the context of Keynesian economics. The speaker emphasizes the importance of considering uncertainty in economic structures and decision-making, drawing on interdisciplinary approaches including psychology and philosophy. The discussion also covers the implications for teaching economics, the challenges of regulation and banking, and the need for a cultural shift in banking practices. The speaker advocates for a post-Keynesian approach and highlights the importance of understanding uncertainty in both crisis and non-crisis times.

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OPEN ENDED QUESTION

3 mins • 1 pt

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

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