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Unit 4 Macro: 2,500 Years of Financial Crises
25th April 2014
Enrichment video for students interested in the long history of financial crises in the world economy. Financial crises date back to the 4th century BC, but we seem incapable of learning from them. Bob Swarup, author of 'Money Mania', explains to John Authers how innovation and crises are related. Both have their roots in growing complexity and in human nature.
Video 1