Riordan: Two isra intellectuals who were at odds with their field thought much of their own field was nonsense. They stumble upon some insights that become a paper called prospect theory, he says. Riordan: It really did make it academically respectable foreconomics to start talking about psychology and about the insights of psychology.
Michael Lewis is one of the most successful non-fiction authors alive. In a series of titles that have sold 9 million copies worldwide, he has lifted the lid on the biggest business stories of our times, enthralling readers with his knack for humanising complex subjects and giving them the page-turning urgency of the best thrillers. Liar’s Poker is the cult classic that defined Wall Street during the 1980s; Moneyball was made into a film with Brad Pitt; Boomerang was a breakneck tour of Europe’s post-crunch economy; and The Big Short was made into a major Oscar-winning film starring Christian Bale, Ryan Gosling and Steve Carell. In November 2017 Lewis came to the Intelligence Squared stage, where he was joined by economics journalist Stephanie Flanders, to discuss his work.
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