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Megaron Plus Lecture Series

Lecture 1: Hubris: Why Economists Failed to Predict the Crisis and how to Avoid the Next One?


Speakers: Lord Meghnad Desai, Emeritus Professor of Economics, LSE; Member of the House of Commons Select Committee
Chair Spyros Economides, Director of the Hellenic Observatory, LSE; Associate Professor in European Politics and International Relations, LSE
Discussant: Eleni-Louri Dendrinou, Professor of Economics, Athens University of Economics and Business
Date: Thursday 8 December 2016
Time: 19:00
Venue: Dimitris Mitropoulos Hall (Αίθουσα Δημήτρης Μητρόπουλος), Megaron, Athens, Greece

This lecture will provide a frank assessment of economists' blindness before the financial crash in 2007-2008 and what must be done to avert a sequel. Through it, the speaker will underscore the contribution of hubris to economists' calamitous lack of foresight, and make a persuasive case for the profession to re-engage with the history of economic thought.

 A full summary of the lecture and photos from the event will follow.










We are very grateful to the Bodosaki Foundation (Athens) for making the video available to all. Click on the icon below for the video recording




Professor Kevin Featherstone's and Professor Dimitri Papadimitriou's lecture at the Megaron Athens Concert Halls has been reviewed in a number of articles:

To Vima tis Kyriakis
 (18 October 2015)

(16 October 2015)

(16 October 2015)

(11 October 2015)