Noreena Hertz: How to use experts — and when not to

http://ted.com/talks/view/id/1079

We make important decisions every day — and we often rely on experts to help us decide. But, says economist Noreena Hertz, relying too much on experts can be limiting and even dangerous. She calls for us to start democratizing expertise — to listen not only to “surgeons and CEOs, but also to shop staff.”

Noreena Hertz looks at global culture — financial and otherwise — using an approach that combines traditional economic analysis with foreign policy trends, psychology, behavioural economics, anthropology, history and sociology.

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