I don’t agree with everything in this video by Ray Dalio, but it is an interesting perspective on the macroeconomy and how important credit is in an endowment economy.
I don’t agree with everything in this video by Ray Dalio, but it is an interesting perspective on the macroeconomy and how important credit is in an endowment economy.
I'm an Assistant Professor of Economics at the University of Chicago Booth School of Business and a Faculty Research Fellow at National Bureau of Economic Research (NBER) in the Public economics group. You can follow me on twitter @omzidar.