What economists and Mormons have in common | Gary Stevenson and Abby Innes
1,352Gary Stevenson @garyseconomics speaks to Abby Innes about the experiences that formed his convictions, from the trading floor to his Mormon upbringing.
Is economics marred by a herd mentality?
With a free trial, you can watch the full talk now at https://iai.tv/video/the-future-of-money-with-gary-stevenson?utm_source=YouTube
Once Citibank's top trader, Gary Stevenson now campaigns to highlight wealth inequality. In 2021 he was one of 30 millionaires to sign an open letter calling on Prime Minister Rishi Sunak to increase taxes on the rich. Join Gary Stevenson for an in-depth conversation on why the powerful often gain increasingly more power, and how we can restructure our economy and society to prevent this.
#economy #economics #inequality #mormonism
00:00 Introduction
00:17 The efficient-market hypothesis
02:06 Social mobility
03:26 Citibank
09:00 Mormonism
Gary Stevenson is a British economist, former financial trader, and YouTuber known for his economic analysis and activism against economic inequality. Interviewed by Abby Innes, an Associate Professor of Political Economy in the European Institute at the LSE. She is the author of Czechoslovakia: The Short Goodbye (Yale University Press, 2001) and Late Soviet Britain: Why Materialist Utopias Fail (Cambridge University Press, 2023).
The Institute of Art and Ideas features videos and articles from cutting edge thinkers discussing the ideas that are shaping the world, from metaphysics to string theory, technology to democracy, aesthetics to genetics. Subscribe today! https://iai.tv/subscribe?utm_source=YouTube
For debates and talks: https://iai.tv/
For articles: https://iai.tv/articles
For courses: https://iai.tv/iai-academy/courses