What are the implications of having a long-standing perspective in economics?
Krugman and Stiglitz: What's the Future of Economic Thinking?

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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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3 mins • 1 pt
How can empirical work change our understanding of fiscal policy?
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3.
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What does the speaker mean by 'a looser, jointed, more open-minded way' of approaching economics?
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4.
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3 mins • 1 pt
In what ways can natural experiments during economic downturns provide valuable data?
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5.
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3 mins • 1 pt
How does the speaker view the relationship between economics and empirical evidence?
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6.
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3 mins • 1 pt
What critique does the speaker offer regarding the rational expectations theory in economics?
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7.
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What is the significance of humility in economic theory according to the speaker?
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