Choosing with Uncertainty - An Extra Slice of the Pie

Explore economic decision-making under uncertainty in this 43-minute podcast episode featuring Nobel Laureate Lars Hansen from the University of Chicago. Delve into critical questions about how policymakers navigate uncertain conditions, examine the consequences when public trust in scientific authority erodes, and investigate whether scientists and economists exhibit overconfidence in their analyses. Learn from Hansen, a leading expert on uncertainty in economic decision-making, as he discusses these complex issues with BFI Executive Director Ben Krause in this thought-provoking conversation that challenges conventional thinking about economic policy and scientific authority.