Buried by the Wall Street Crash
Cautionary Tales with Tim Harford
00:00
Learning from Failure: Keynes vs. Fisher Post-Crash
This chapter explores the divergent paths of John Maynard Keynes and Irving Fisher following the 1929 stock market crash. It highlights Keynes' adaptability and financial recovery in contrast to Fisher's downfall due to his inflexible approach, underscoring the critical role of flexibility in investment decisions.
Transcript
Play full episode
