Justin Wolfers
๐ค SpeakerAppearances Over Time
Podcast Appearances
So I think this is the markets putting in only a small chance of
but it's a small chance of a big bad outcome.
I've had the same thought.
And look, I like to speak to my expertise.
I'm a PhD economist.
And so there are many questions where, and I've increasingly had to do this, say, I think you should talk to a psychiatrist, not an economist.
What's striking is that the most important economic question of the day is best answered by a psychiatrist.
And it's a profoundly important point.
There are actually ethical reasons why psychiatrists are not meant to
You're not meant to speak up about someone whom you've not examined.
I hope you don't mind.
I might take your idea a little deeper because I've been thinking about this quite a lot.
I certainly don't think of the president as he currently is acting as rational, or at least we should put a high probability on that.
And that worries me.
And I'm like, oh, well, what happens if once every hundred years we have a leader, a world leader who is bonkers?