

Nobel Prize-Winning Economist Sees Era Of "Permacrisis" Ahead | Michael Spence (w/ Adam Taggart)
6 snips Nov 9, 2023
Nobel Prize-Winning Economist Michael Spence discusses the permacrisis and broken approaches to growth, economic management, and governance. They explore the challenges faced by the global economy, increasing debt levels, policy mismatches, potential damage to balance sheets, and the transformative potential of digital transformation, biomedical science, and the energy transition.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 5min
The Power of Signaling in the Job Market
05:00 • 5min
Permacrisis: A Plan to Fix a Fractured World
09:36 • 14min
The Implications of Increasing Debt Levels
24:02 • 16min
Mismatch of Policies: Federal Reserve vs. Government
39:38 • 4min
The Ripple Effect and Potential Damage to Balance Sheets
43:56 • 3min
Harnessing Powerful Technologies to Engineer a Different Future
47:08 • 25min