Buchanan on limits to growth, David Henderson fiscal & monetary policy
Why did Citigroup Chief Economist Willem Buiter decide to start dropping truth bombs on Monday afternoon? Erin weighs in. Mark Buchanan, author, physicist and columnist at Bloomberg View, gives us his take on why markets wobble and tells us about amplification theory and how it explains economic recessions. David Henderson, professor of economics at the Naval Postgraduate School, gives his take on the social safety net versus a simple basic income and how central banks could be more effective. And in the Big Deal, Erin and Edward Harrison talk about Europe, Russia and Turkey.
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