Mervyn King was Governor of the Bank of England from 2003 to 2013.

Show notes
Selected links

 •Follow Mervyn King: Website
 •Radical Uncertainty, by Mervyn King and John Kay
 •The General Theory of Employment, Interest, and Money, by John Maynard Keynes
 •'Debt deflation: Theory and evidence', paper by Mervyn King
 •The End of Alchemy, by Mervyn King
 •Recollections of a Bleeding Heart, by Don Watson
 •The Poverty of Historicism, by Karl Popper
 •Obliquity, by John Kay
 •'Truth and Probability', essay by Frank Ramsey
 •Frank Ramsey: A Sheer Excess of Powers, by Cheryl Misak

Topics discussed 

 •Why did Mervyn choose to study economics at Cambridge? 11:06
 •Keynes' General Theory. 17:41
 •Debt-deflation. 23:58
 •When Mervyn met Ben. 29:20
 •Was Mervyn caught off guard by the Global Financial Crisis? 31:40
 •Does stability lead to instability? 38:18
 •The stability heuristic. 41:43
 •What is radical uncertainty? 49:54
 •How technology creates radical uncertainty. 1:04:57
 •Why has the economics profession overlooked radical uncertainty -- and when did this blindspot begin? 1:13:10
 •Narratives. 1:25:18
 •What does it mean to be rational? 1:31:21
 •Speculative bubbles. 1:40:25

Mervyn King was Governor of the Bank of England from 2003 to 2013. Show notes Selected links •Follow Mervyn King: Website •Radical Uncertainty, by Mervyn King and John Kay •The General Theory of Employment, Interest, and Money, by John Maynard Keynes •'Debt deflation: Theory and evidence', paper by Mervyn King •The End of Alchemy, by Mervyn King •Recollections of a Bleeding Heart, by Don Watson •The Poverty of Historicism, by Karl Popper •Obliquity, by John Kay •'Truth and Probability', essay by Frank Ramsey •Frank Ramsey: A Sheer Excess of Powers, by Cheryl Misak Topics discussed •Why did Mervyn choose to study economics at Cambridge? 11:06 •Keynes' General Theory. 17:41 •Debt-deflation. 23:58 •When Mervyn met Ben. 29:20 •Was Mervyn caught off guard by the Global Financial Crisis? 31:40 •Does stability lead to instability? 38:18 •The stability heuristic. 41:43 •What is radical uncertainty? 49:54 •How technology creates radical uncertainty. 1:04:57 •Why has the economics profession overlooked radical uncertainty -- and when did this blindspot begin? 1:13:10 •Narratives. 1:25:18 •What does it mean to be rational? 1:31:21 •Speculative bubbles. 1:40:25

Joe Walker hosts refreshingly in-depth conversations with founders, scientists, scholars, economists, and public intellectuals.

(Formerly 'The Jolly Swagman Podcast'.)

Joe Walker hosts refreshingly in-depth conversations with founders, scientists, scholars, economists, and public intellectuals.
(Formerly 'The Jolly Swagman Podcast'.)

Joe Walker hosts refreshingly in-depth conversations with founders, scientists, scholars, economists, and public intellectuals.

The Joe Walker Podcast (Jolly Swagman formerly)

The JSP is a weekly exploration of questions that are both important and overlooked. Joe Walker, a former political speechwriter helping to build a Y Combinator-backed startup, hosts refreshingly in-depth conversations. Topics cover capitalism, science, business, culture and politics. Guests include Nobel laureates, former prime ministers, authors, entrepreneurs, investors and thought-leaders. Australia's best long-form podcast. A space for curious contrarians.

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