David Bieri joined Virginia Tech’s “Curious Conversations” to talk about the complexities of understanding economic climates and the importance of historical context and narratives in economic theories. He emphasized the role of government in providing certainty, the significance of individual actions in the economy, and the necessity of reevaluating economic ideas and institutions. Bieri also highlighted the interplay between economics and humanity, advocating for a more thoughtful approach to economic systems.

Takeaways

Government traditionally has played a crucial role in providing economic certainty.

History, ideas, and narratives can be powerful forces in shaping economic policies and perceptions.

Economic downturns provide opportunities for both collective and individual reassessments of morals and values. 

About Bieri

David Bieri is associate professor in the School of Public and International Affairs and associate professor of economics. He also holds an appointment in the Global Forum on Urban and Regional Resilience. His teaching interests are at the intersection of public finance, monetary theory, and history of economic thought. He has held various senior positions at the Bank for International Settlements in Basel, Switzerland. Prior to his work in central banking, he worked in investment banking in London and Zurich.

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About the podcast

"Curious Conversations" is a series of free-flowing conversations with Virginia Tech researchers that take place at the intersection of world-class research and everyday life. Produced and hosted by Travis Williams, assistant director of marketing and communications for the Office of Research and Innovation, university researchers share their expertise and motivations as well as the practical applications of their work in a format that more closely resembles chats at a cookout than classroom lectures. New episodes are shared each Tuesday.

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