How might our society show value for the long term, over the short term? Could we think about taxation over time, asks @carlotaprzperez in an interview: 92% for 1 day; 80% within 1 month; 50%-60% tax for 1 year; zero tax for 10 years.
How might our society show value for the long term, over the short term? Could we think about taxation over time, asks @carlotaprzperez in an interview: 92% for 1 day; 80% within 1 month; 50%-60% tax for 1 year; zero tax for 10 years.
Economists who recognize that they may be part of the problem are a rarity. John Perkins, Author, Confessions of an Economic Hit Man and Hoodwinked Economic hit man Perkins has confessed the sins of predatory politicians and analyzed the reasons…
The economics of Nicholas Georgescu-Roegen haven’t been popular in recent years, so a rediscovery is welcomed. Chris Gondek speaks with Eric Beinhocker of the McKinsey Global Institute about Complexity Economics. [MP3 audio]
Rationality is presumption in much of economy theory … but not necessarily all of it. The Big Money presents Every Day I Read the Book, featuring Daniel Gross. Dan’s guest is Justin Fox, author of the book The Myth of…
Advances in technology are considered in economics, but the introduction of complexity science changes the perspective. Moira Gunn speaks with Brian Arthur, author of The Nature of Technology. The former Stanford professor discusses his theory of technology’s origins and evolution.…
I’ve listened to a lot of Econtalk interviews, so it’s interesting to hear the ideas of the voice on the other side. EconTalk host Russ Roberts talks with reporter Robert Pollie about the basics of wealth and growth. What happens…
After a high-impact, low-probability events occurs, can we recover? Nassim Taleb talks about the financial crisis, how we misunderstand rare events, the fragility of the banking system, the moral hazard of government bailouts, the unprecedented nature of really, really bad…
Some economists saw signals of the coming economic troubles in advance of them happening. Robert Shiller of Yale University talks with EconTalk host Russ Roberts about the current housing mess and related financial market problems. Shiller argues that the decade-long…
In my university days, one of my textbooks was written by Hal Varian. An economist crossing over from academia to industry is an interesting case. Hal Varian, Google’s Chief Economist and University of California at Berkeley professor, talks with Russ…
Since I’m immersed in the systems sciences for the past decade, I’ve found some challenges synthesizing this body of knowledge with my prior training in economics. The mention of Kenneth Boulding in this interview piqued my interest in exploring the…
Behind the Freakonomics book, there’s two stories: one on how a journalist came to coauthor the work, and a second on an economics researcher regularly visiting drug gangs to understand how they work. Both stories are entertaining. Steven D. Levitt,…
The foundations of economics are in utility theory. Economists rarely discuss happiness. Bruno S. Frey is the author of Happiness: A Revolution in Economics. Mr. Frey is Professor of Economics at the University of Zurich, Visiting Professor at the Swiss…
Is it possible to have a system of economics not based on industrial scale? The author of Small Is Beautiful: Economics as if People Mattered and A Guide for the Perplexed cultivates the metaphysical and theological roots of decentralist economics…
I haven’t directly studied Robert Lucas’ work in economics, so his name is familiar for strange reasons: he endorsed the work of Jane Jacobs … which is a bit strange for mainstream economists. Bob Lucas, Nobel Laureate and professor of…
I would guess that more people are critics of Milton Friedman than have ever heard his voice. Here’s an opportunity to hear him in an interview. Russ Roberts talks to Milton Friedman about the radical ideas he put forward almost…