Nobel Prize-Winning Economist Sees Era Of 'Permacrisis' Ahead | Michael Spence (w/ Adam Taggart)

Michael Spence, recipient of the Nobel Memorial Prize in Economic Sciences, sits down with Thoughtful Money host Adam Taggart to discuss the findings of his new book "Permacrisis: A Plan to Fix a Fractured World" which he co-authored with Mohamed El-Erian & Gordon Brown.

Spence explains how at the heart of today’s "permacrisis" are broken approaches to growth, economic management, and governance. While these approaches are broken, they are not beyond repair. An explanation of where we’ve gone wrong, and a provocative, inspiring plan to do nothing less than change the world, Permacrisis: A Plan to Fix a Fractured World, written with Reid Lidow, sets out how we can prevent crises and better manage the future for the benefit of the many and not the few.

The longer a problem goes unresolved, the worse it will get; that’s what happens in a permacrisis – and that’s why we must act now.

#inflation #interestrates #AdamTaggart
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[adam.taggart]

Thanks for watching this channel's very first video! We're still working on getting things optimized: clearly my camera needs to record in HD (which I think I just fixed). But I'm thrilled to be back in action & am grateful for your support!

[mikepodorski]

It's been an odd few weeks without your excellent interviews. Congratulations on the new endeavor, and I look forward to seeing this grow.

[gw]

Great to have you back Adam…many blessings and success to you and your family! We all love your work…please keep educating us!

[Manic-Main]

Adam, don’t worry. I found this “naturally through the YouTube algorithm”. I totally wasn’t spam searching Adam Taggart every day. 😂

On a real note, so excited for your new platform. You are THE BEST interviewer and the ONLY level headed finance show ANYWHERE. Much love ❤.

[cookingblue]

WELCOME BACK HAPPY for your return. Keep up the great work...WE APPRECIATE IT!!!

[robertbaptist]

Love Adam! He is a great host and has phenomenal guests that are savy financial experts. I look forward to continue to be a part of Adam’s interviews. Congrats to you Adam to building the new machine!

[BrazilianSwedSamurai]

Does this mean that we’re getting the weekly recap with Lance? That duo was a weekend highlight 👏🏼

[haze]

We are all with YOU, Adam.
Keep doing the great work.

[ll-swtm]

Thank God you're back! 2 weeks without your interviews was about all I can handle.

[jetstream]

Happy I found Adam here

Adam has a rare gift of bringing out the best knowledge and opinion from fantastic guests....because he is very knowledgeable too. A gracious host and in tune with the masses is so important.

Adam, thank you so very much and congratulations to you !!

[stevennoel]

Glad you are back. These videos are a pillar in my day to day financial media consumption and I appreciate what you do. Best of luck on the new endeavor. I can’t wait for the weekly recap with Lance on 11/18. Take care.

[damienmills]

Adam, your vocation shines through. Its not just the content that keeps me here. Its the INTENT behind the content that matters. More power to your arm!

[sharonw]

So pleased to see you back Adam! Have been missing your insightful interviews a LOT! All the very best in this new endeavour. I have no doubt it will be bigger and better than anything you’ve done before. Thankyou for everything you do for us, your audience ❤

[Mrzizzy]

After 2+ weeks of no Adam I can officially say that I am refreshed and renewed after this interview!!

[BobbyX]

Finally, Adam.. you have been missed! Nice to have you back! :)

[michaell]

Happy to be an earlier subscriber. We loyal fans, the small retail investors, appreciate your dedication and work

[padraigdevitt]

Ha ha, he’s back !😃. Delighted to see the new channel up and running Adam. You’ve been missed. There is a feeling of trust with you that’s hard to come by. And amazing first guest btw 👏🏾.
Liked and subscribed and clicked the little bell icon 😉

[huey]

It’s great to have Adam back on line doing his magic for We the People! Looking forward!

[sunkim]

So good to have you back Adam! It’s so apparent to me that you were main reason everyone watched Wealthion. I tried to watch it the other day with the new host and I only lasted 5min. Plus, you and Lance Roberts are an amazing pair. Hopefully, you will do more collaboration together. Welcome Back!!

[.]

Adam, so glad I found you again. I was really disappointed to see you leave Wealthion as I watched you daily for two years. You made the show what it is because of your personality and excellence interviewing skills. So glad you’re back in the driver’s seat doing what you do. Thank you for everything that you do. ❤