Ones & Tooze: The Nobel Economics Prize Rewards Bank Run Breakthroughs

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In what’s becoming an annual traditional, Adam and Cameron examine the Nobel Economics Prize. This year former U.S. Federal Reserve Chair Ben Bernanke as well as economists Douglas Diamond and Philip Dybvig won for their research on preventing bank runs. Adam notes that while the study of bank runs isn’t new, the work of this trio helped provide greater understanding of the macroeconomic forces behind banking.

In the second segment, the two reflect on the recent protests in Iran and the current role of women in the country. They also take a broader view of the Iranian economy and its tremendous potential if it were to allow full participation from women and was no longer under international sanctions.

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