Ideas change everything

How to live with economic doomsaying

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Philipp Carlsson-Szlezak |

TED@BCG

• November 2023

Economic crises can and do happen. But for every true crisis, there are many false alarms, says economist Philipp Carlsson-Szlezak. He explains how to live with the media's pervasive economic doomsaying, why we should stop treating financial forecasts like a precise science — and what we should embrace instead.

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Want to use TED Talks in your organization?

Economic crises can and do happen. But for every true crisis, there are many false alarms, says economist Philipp Carlsson-Szlezak. He explains how to live with the media's pervasive economic doomsaying, why we should stop treating financial forecasts like a precise science — and what we should embrace instead.

Want to use TED Talks in your organization?

About the speaker

Philipp Carlsson-Szlezak

Economist, rational optimist

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BCG’s Philipp Carlsson-Szlezak researches structural and cyclical themes of the global economy.

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Shocks, Crises, and False Alarms: How to Assess True Macroeconomic Risk

Philipp Carlsson-Szlezak, Paul Swartz | Harvard Business Review Press (2024)

Philipp Carlsson-Szlezak, Paul Swartz - *Shocks, Crises, and False Alarms: How to Assess True Macroeconomic Risk*

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