As part of The Economist's latest 'schools brief' series, we take a look at the seminal papers that have transformed economics and the thinkers behind them. First, our Asia economics editor explains why Hyman Minsky was pulled out of obscurity after the 2008 financial crisis, becoming a posthumous star. And our US economics editor tells us about George Akerlof and his market for so-called 'lemons'. Andrew Palmer hosts.

Audio of Janet Yellen, Bruce Kasman and Robert J. Barbera taken from the 18th Annual Hyman P. Minsky Conference, Levy Economics Institute of Bard College. For information regarding your data privacy, visit acast.com/privacy