Money Talks: Panic economics

<p>This year’s Nobel prize in economics <a href="https://www.economist.com/finance-and-economics/2022/10/10/three-economists-win-the-nobel-for-their-work-on-bank-runs?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=moneytalks&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">was awarded</a> to Ben Bernanke, Philip Dybvig, and Douglas Diamond for their pioneering research into the role that banks play in financial crises. On this week’s episode, hosts Soumaya Keynes, Mike Bird and Alice Fulwood speak with Professors Dybvig and Diamond about their eponymous model of financial panics - one economics’ most cited papers - and ask whether policymakers have truly absorbed their insights.</p><br><p>Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at <a href="https://www.economist.com/moneytalks/?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=moneytalks&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">www.economist.com/moneytalks&nbsp;</a></p><p>For full access to print, digital and audio editions, subscribe to <em>The Economist </em>at <a href="http://www.economist.com/podcastoffer?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=moneytalks&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">www.economist.com/podcastoffer</a></p><p><br></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>