Lord Mervyn King On The Wrong Use Of Monetary Policy In A Radically Uncertain World

Macro Hive Conversations With Bilal Hafeez · Jun 19, 2020 · 26m

In this episode, I talk with Lord Mervyn King. He needs no introduction, except to say he is one of the leading figures in central banking over the past few decades. He served for ten years as the Governor of the Bank of England, which included dealing with the 2008 financial crisis. He's written a number of books including the recent bestseller with co-author John Kay "Radical Uncertainty: Decision-making Beyond the Numbers". Here's what we talk about:

Defining uncertainty - difference between radical uncertainty and black swans

Use of narratives to understand uncertainty

Importance of…