Our lessons range from the significance of supply and impact of behaviour to the role of the state and problem of inequality
A massive comet is hurtling towards our planet. A huge dust storm disrupts agriculture across the world. The first catastrophic possibility is from the new dark comedy, Don’t Look Up. The second is the starting point of Interstellar, the 2014 sci-fi film by Christopher Nolan. One economist described such events in a most interesting way. “A negative productivity shock hits the global economy, and various bad consequences ensue, including The Idea Trap. Behavioural factors exacerbate the course of events," wrote Tyler Cowen about Interstellar on the Marginal Revolution blog.