Bretton Woods, Past and Present: 1. Ethics in Economics

The transcript discusses the role of economics as a legitimizing ideology for political changes since the 1970s, highlighting conflicts of interest within the field and comparing it to other professions. It explores the differences between policy-making and research in economics, emphasizing the need for conviction in policy implementation. The text also covers a Senate testimony involving financial regulation and the importance of ethical standards in economics, advocating for transparency and scientific rigor.

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