Explanations
How a wobbly bridge helps to explain financial instability
18th September 2016
This is a superb short video from the LSE on the causes and nature of system risk. Watch it better to understand how a wobbly bridge in London helps to explain what might have brought the global financial system close to collapse in 2007-2009. System risk is a really important issue in financial markets.
- Economics
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- Systemic Risk
- Financial instability
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- Behavioural Economics
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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