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.

Stephen Clapham, creator of Behind The Balance Sheet podcast, discusses clues in company accounts missed by investors and journalists. Topics include analyzing shareholder registers, mistakes in acquisitions, motivations behind deals, high margin red flags, and the value of education in investing.

Hear the authors of the Millionaires' Factory reveal the inside of story of how Macquarie Bank became a global giant – a fascinating tale which also reflects the profound changes to have taken place across the financial world since 1974. Joyce and Chris are interviewed by Russell Napier, Keeper of the Library of Mistakes, who explores how the story of this institution illuminates issues that affect us all.And remember, that if you’d like to learn more about the world of investment, the Library of Mistakes runs an outstanding course called the Practical History of Financial Markets. To find out more, simply visit www.libraryofmistakes.com/course.

Welcome to a special bonus episode, in which we hear a live talk from Simon Clark recorded at the Library of Mistakes on 20 September 2023. Together with Will Louch, Simon is co-author of The Key Man, a fascinating exposé of Arif Naqvi, the disgraced founder of the Dubai-based Abraaj Group. Naqvi was arrested in 2019 on charges of money laundering and misappropriating hundreds of millions of dollars, and is currently fighting extradition from the UK to the US.In this bumper episode running to over an hour, we also hear questions from our Keeper Russell Napier and members of the audience. As tends to happen with live events, there is a little extraneous noise picked up by the microphone but we hope you enjoy this extraordinary story.And remember, that if you’d like to learn more about the world of investment, the Library of Mistakes runs an outstanding course called the Practical History of Financial Markets. To find out more, simply visit www.libraryofmistakes.com/course.

With a skull and crossbones on the cover, and the title of Plunder: Private Equity's Plan to Pillage America, Brendan Ballou's debut book pulls no punches over the perceived greed and ineptitude of many of America's private equity firms – and the damage they are causing to the economy and society. All the more surprising then that the author is neither a journalist or a retired lawman but very much an active special counsel working for the U.S. Department of Justice. Brendan clearly has a passion for the subject, matched by his deeep knowledge in the field, and his conversation with Russell Napier is as fascinating as it is alarming. Very much worth a listen.For more information on the Advanced Valuation in Financial Markets course mentioned by Russell, please see www.didaskoeducation.org.

Want to learn about monetary policy without interest rates, and how we may be going back to the future? These questions, and many more, are explored as Russell Napier meets up with Eric Monnet, former senior economist at the Banque de France and now Professor of Economic History at the Paris School of Economics. Eric takes us on a journey through the evolution of central banks and credit policy, both in France and across western Europe.For more information on the Advanced Valuation in Financial Markets course mentioned by Russell, please see www.didaskoeducation.org.

Marko Papic, author of Geopolitical Alpha, joins our Keeper Russell Napier to discuss his investment framework for predicting the future. In a world where geopolitical tensions are ever more influential, Marko is one of the few people with an investment background writing about the impact we can expect them to have. And as someone who grew up in Yugoslavia as it descended into war, and lived through the second highest period of hyperinflation in history, these are issues he has been considering for much of his life.For more information on the Advanced Valuation in Financial Markets course mentioned by Russell, please see www.didaskoeducation.org.

Michael Howell, legendary market strategist, author and founder of CrossBorder Capital, joins our Keeper Russell Napier to discuss global liquidity. Join us for a thought-provoking episode that seasoned investors and knowledgable market observers will enjoy getting their teeth stuck into.For more information on the Advanced Valuation in Financial Markets course mentioned by Russell, please see www.didaskoeducation.org.