Harold James, a professor at Princeton University and author of 'Seven Crashes: The Economic Crises That Shaped Globalization,' dives deep into how historical economic crises have influenced global relationships. He explores the evolution of crises and their connection to wars, including lessons from World War I and the impact of the Bretton Woods Agreement. Through fascinating anecdotes, he uncovers the complexity of interconnected economies and the importance of learning from past economic upheavals to address contemporary challenges.

Harold James, author of Seven Crashes, discusses the historical impact of supply shocks on globalization and capital flows. The podcast explores the responses to economic crises by influential figures like Keynes, the challenges faced by central banks in addressing supply side shocks, and lessons learned for a more optimistic future.