40 min listen
Dan Klein on Knowledge and Coordination
FromEconTalk
ratings:
Length:
65 minutes
Released:
Dec 19, 2011
Format:
Podcast episode
Description
Dan Klein of George Mason University talks with EconTalk host Russ Roberts about the ideas in Klein's new book, Knowledge and Coordination. Klein argues that allegory is a powerful way to think about outcomes of emergent order. He goes deeply into the concept of the invisible hand and creates a novel way to evaluate processes that not under any one's control. Klein then suggests novel ways of evaluating economic outcomes outside of the traditional metrics and techniques. Along the way, Klein emphasizes the role of uncertainty and imperfection in the entrepreneurial process.
Released:
Dec 19, 2011
Format:
Podcast episode
Titles in the series (100)
Ticket Prices and Scalping: EconTalk host Russ Roberts talks about scalping and visits AT&T Park hours before Major League Baseball's All-Star Game to talk with a scalper, a merchandiser, a fan, and the police about prices, tickets, baseball and the law. by EconTalk