CFA Institute Webinar

Lessons from “Radical Uncertainty” for coping with COVID-19 and future pandemics


Lord Mervyn King navigated the global financial crisis during his decade at the helm of the Bank of England. Listen to Lord King’s reflections on the failure to recognise the limitations of the models used by governments and financial analysts to predict the economy, and how policy-makers need to avoid "bogus quantification".  Probabilities can be misleading; and embracing uncertainty may actually work to your advantage. How would he have steered the UK central bank through that crisis differently knowing what he now knows about “radical uncertainty”? What are the lessons from his book “Radical Uncertainty” that can be used for coping with COVID-19 and the future?

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