Library of Mistakes

In this lively episode, Anat Admati (Professor of Finance and Economics at Stanford) explains what she believes to be wrong about banking, and how it should be changed. Anat is co-author (with Martin Hellwig) of The Bankers' New Clothes, originally published in 2013, then expanded and re-published this year to encompass the era of increased regulation. Interviewer Russell Napier challenges Anat on some of her opinions, and Anat challenges Russell back, making for a fascinating listen.•The Library of Mistakes runs an outstanding course called the Practical History of Financial Markets. To find out more, go to: www.libraryofmistakes.com/course

Technology is transforming our societies, promising a far deeper disruption than the industrial revolutions. As a result, humanity is at a major turning point, and how we respond to the merger of technology and financialisation will decide our future. Are we heading for "enlightened communism" or "despotic feudalism"? Russell Napier quizzes Viktor Shvets on his throught-provoking book The Twilight Before The Storm.•The Library of Mistakes runs an outstanding course called the Practical History of Financial Markets. To find out more, go to: www.libraryofmistakes.com/course

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.

Tim Lee and Kevin Coldiron discuss the impact of carry trades on emerging markets, implementation of transaction taxes in Latin America, and the repercussions of central bank interventions on carry trading and future monetary policy.

Kiril Sokoloff, founder of 13D Research & Strategy, shares insights from his 40-year career and 'What I Learned This Week'. Topics include market evolution, rise of algorithms, gold in institutional portfolios, Costco's gold sales, emerging market dynamics, US dollar weaponization, and historical currency declines.

Explore the interconnectedness of the stock market with economy, money, credit, and security devices. Delve into financial crises involving Alexander Hamilton and central banking in US history. Examine the impact of the transition to the gold standard and the crisis of 1893 on American farmers. Learn about the evolution of financial regulations and professional fund management in the 1930s. Discover the unexpected success and downfall of Joseph Kennedy in regulating Wall Street.

Authors William Quinn & John D. Turner join the podcast to discuss financial bubbles, including the role of technology, government policies, and market speculation. They explore historical bubbles and the emergence of bubbles in various industries like cryptocurrency and electric vehicles.

Welcome to this special episode – a lecture by Professor Deirdre McCloskey recorded at the University of Edinburgh. With great humour and wisdom, Professor McCloskey discusses Humanomics, her attempt to eradicate (or at least reduce) the role of mathematics in economics. She also explores the Market Mind Hypothesis, a new approach to the understanding of the market, the mind and the rational economic man being developed here in Edinburgh at the Edinburgh Futures Institute.[The Library of Mistakes runs an outstanding course called the Practical History of Financial Markets. To find out more, go to: www.libraryofmistakes.com/course]

Financial historian Kwasi Kwarteng discusses the significance of fiscal policy in times of war, the revolution of Dutch finance, the role of money, debt, and protectionism, the creation of the Euro, wartime economics and the use of paper currency, and the impact of government bonds and the power of the bond market.

Cognitive economist Patrick Schotanus discusses his book 'The Market Mind Hypothesis' exploring flaws in economics and finance. He challenges the concept of the rational economic man and highlights the connection between markets and minds. The podcast delves into the role of consciousness and inter-subjectivity, explores the relationship between Adam Smith and cognitive economics, and discusses the impact of artificial intelligence on market operators.