191 | Glenn Hubbard: Walls vs. Bridges in a Disrupted America
The Realignment
00:00
What Is the Difference Between Governments and One Off Crisis?
The book is about the difference between long term structural changes and one off crises. The financial crisis, for example, was a pandamic but still had lasting political effects because different groups of firms were treated differently. To day i would think of an artificial intelligence and machine learning, the adaptation f the climate change. These are going to have big, big, big changes in the economy,. Many of which are positive, but some of which are going to be negatives for some communities and groups of people. I don't hear enough of that being in the thought process.
Play episode from 28:08
Transcript
