26min chapter

Moody's Talks - Inside Economics cover image

Shocks, Crises, and False Alarms

Moody's Talks - Inside Economics

CHAPTER

Navigating Economic Narratives and Crisis Response

The chapter explores the shortcomings in economic discourse, challenges prevailing beliefs with recent economic predictions and responses to crises like the COVID-19 pandemic. It emphasizes the importance of judgment calls over relying solely on economic models, discussing the need for eclectic approaches and narrative-driven scenarios to navigate through economic uncertainties.

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