Video: Edward Hugh at the LSE on the Internet and Credit Crisis

This is the excellent video of Edward Hugh at the London School of Economics this past Monday speaking about the intersection of finance, macroeconomics, housing and sovereign debt in the Credit Crisis. (hat tip afoe). The topic is on how the Internet has changed Macroeconomics in the wake of the credit crisis. The real subtext that the other Edward addresses is why economists failed to anticipate the financial crisis when smart people ‘outside the temple’ did. He says it’s about debt; so do I.