Prize lecture: Philip Dybvig, economic sciences prize 2022

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Philip H. Dybvig delivered his Prize lecture "Multiple Equilibria" on 8 December 2022.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 was awarded jointly to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig "for research on banks and financial crises".
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Ingenious people have the right to live with dignity. They, as well as their respective territories, should be protected around the world. The persecution, homicide, and criminalization of indigenous people must be stopped. And most importantly, they must be provided with adequate support to defend their rights and adapt to the climate crisis. Until we can promote peace and ensure protection for the tribal communities, we can't ever hope for a healthy planet.

ebadulhaque
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In what ways do equilibria in economics differ from those in physics? 🤔🍿.

hochathanfire
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This is way off, but it is a song how much politicians bail out entrepreneurs (banks), but why do I never hear of the reverse? Or is it more insidious when mentioned though they more or less serve the same function?

Mmmmm…🍶😏.

hochathanfire