Conversations with History: Sebastian Mallaby

[AndrewTubbiolo]

The problem with all this is risk is the means of negative feedback in capitalism. If you remove, or hide, or hege the risk away then you remove the means of negative feedback and capitalistic economies can grow out of bounds .... just like ours has. All economies need negative feedback. The communists tried to plan and legislate it away, now we have hedged it away. Very very dangerous.

[avvocatogorgia]

very deep indeed, a sharp look on economy world.

interesting and useful !

[slonamu]

This gentleman Sebastian Mallaby makes economy history very interesting and entertaining... I realy enjoed the video!