Analyzing Asset Bubbles and the Bubble Hypothesis

Scott and I talk about film, literature, asset bubbles, and monetary policy.

Transcript

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Timestamps

(0:00:00) Intro

(0:00:33) Fiction for economists

(0:03:44) Knausgaard or Proust?

(0:07:04) TV or film?

(0:11:58) Joseph Conrad and Werner Herzog

(0:14:29) Underrated writers

(0:16:47) Do pessimists make better art?

(0:18:34) Cultural pessimism

(0:25:03) Meaning in jobs

(0:28:54) Behavioral vs classical economics

(0:34:16) Are bubbles real?

(0:39:53) Nominal GDP

(0:56:29) Relative importance of monetary policy

(0:59:03) Equilibrium interest rates

(1:04:58) Technology and productivity

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Links

- Scott at TheMoneyIllusion

- Scott at EconLog

- Scott's "What do we mean by meaning?"

- Scott's "Wallowing in nostalgia (an autobiography)"

- Scott on Robert Louis Stevenson

- Scott on Joseph Conrad

- Scott's intro course on money

- Subscribe to the podcast on YouTube, Apple, Spotify, or Substack.

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