Larry Summers and Ray Dalio on Dalio's Unique Perspective of "How the Economic Machine Works"
The following conversation took place at Harvard University. Former U.S. Treasury Secretary, Larry Summers invited Ray Dalio, founder and chairman of Bridgewater Associates, the world’s largest hedge fund, to discuss Dalio’s unique views on economics. The conversation is based off of Dalio’s 30-minute animated video entitled “How the Economic Machine Works” which is available on YouTube and at http://EconomicPrinciples.org.
Based on Bridgewater Associates Co-founder, Co-CIO and Chairman, Ray Dalio's practical template for understanding the economy, "How the Economic Machine Works" breaks down economic concepts like credit, deficits and interest rates, fostering a better understanding of the basic driving forces behind the economy, how economic policies work and why economic cycles occur. "How the Economic Machine Works" is available as a 30-minute animated video on YouTube and EconomicPrinciples.org
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