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David Henderson on Disagreeable Economists

David Henderson on Disagreeable Economists

FromEconTalk


David Henderson on Disagreeable Economists

FromEconTalk

ratings:
Length:
60 minutes
Released:
Jul 30, 2007
Format:
Podcast episode

Description

David Henderson, editor of the Concise Encyclopedia of Economics and a research fellow at Stanford's Hoover Institution, talks with EconTalk host Russ Roberts about when and why economists disagree. Harry Truman longed for a one-armed economist, one willing to go out on a limb and take an unequivocal position without adding "on the other hand...". Truman's view is often reflected in the public's view that economic knowledge is inherently ambiguous and that economists never agree on anything. Henderson claims that this view is wrong--that there is substantial agreement among economists on many scientific questions--while Roberts wonders whether this consensus is getting a bit frayed around the edges. The conversation highlights the challenges the everyday person faces in trying to know when and what to believe when economists take policy positions based on research. Is it biased or science?
Released:
Jul 30, 2007
Format:
Podcast episode

Titles in the series (100)

EconTalk is an award-winning weekly talk show about economics in daily life. Featured guests include renowned economics professors, Nobel Prize winners, and exciting speakers on all kinds of topical matters related to economic thought. Host Russ Roberts, of the Library of Economics and Liberty and the Hoover Institution, draws you in with lively guests and creative repartee. Topics include health care, business cycles, economic growth, free trade, education, finance, politics, sports, book reviews, and the curiosities of everyday decision-making. Look for related readings and the complete archive of previous shows at EconTalk.org, where you can also comment on the podcasts and ask questions.