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Michael Lewis On How Behavioural Economics Changed The World

Intelligence Squared

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What's the Strength of the Big Short?

9LAD7 made people forget you could have a real financial crisis that really affected the real economy. I don't think those who were at the center of the big short have any crystal ball and subsequently proved themselves unable to predict anything else. The idea that they were geniuses because they made all this money, there's some truth to it. That they could easily have been right about what was going on in the financial system and wrong on their bets. And they got lucky with the timing.

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