Money Matters Episode 114- Hubris W/ Lord Meghnad Desai

Have tribal allegiances distorted the economics profession and blinded economists to the obvious?Todays guest was Meghnad Desai who joined us live from India. We will be discussed his new book Hubris - Why Economists Failed to Predict The Crisis And How To Avoid The Next One. The failure of economists to anticipate the international economic crisis and lingering recession th...at continues even today has spurred public outcry and inspired legislative action. Economists are under fire, but questions concerning exactly how to redeem their discipline remain unanswered. Meghnad Desai is an Indian-born, naturalized British economist and Labour politician. He unsuccessfully stood for the Speaker in the British House of Lords in 2011, the first ever non-UK born candidate to do so. He has been awarded the Padma Bhushan, the third highest civilian award in the Republic of India, in 2008.   To read the book click below:   Hubris - Why Economist Failed To Predict The Crisis And How To Avoid The Next One     Personal Finance Cheat Sheet Article:http://www.cheatsheet.com/…/how-schools-can-improve-their-…/ Financial Advisor Magazine Articles: http://www.fa-mag.com/news/advisors-stay-the-course-amid-monday-s-market-drop-22864.html?section   http://www.fa-mag.com/news/on-it-s-80th-anniversary--advisors-consider-social-security-s-impact--future-22784.html?section=3   You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:http://directory.libsyn.com/shows/view/id/moneymatters or www.moneymatterspodcast.com‪#‎KPFT‬ ‪#‎Hubris #MeghnadDesai