The Crisis They Warned Us About: Why We Ignore Experts Until It’s Too Late
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The Crisis They Warned Us About: Why We Ignore Experts Until It’s Too Late
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What happens when the people who understand the risks are ignored?
In this week’s episode, I explore why listening to genuine experts matters, especially when their warnings are uncomfortable, inconvenient, or years ahead of the crowd. My guest is Professor Steve Keen, one of a small group of well-known figures who warned about the conditions that led to the 2008 Global Financial Crisis before it unfolded.
This conversation looks beyond the crash itself. It asks a bigger question: why do institutions, investors, policymakers, and the public so often dismiss the voices that challenge the consensus?
From financial bubbles to economic fragility, Professor Keen’s warnings offer a powerful reminder that expertise is not always popular in the moment. Sometimes the people worth listening to are the ones telling us what we least want to hear.
A timely episode about foresight, denial, credibility, and the cost of ignoring expert voices.