Tuesday 5 February 2008

Dan Klein on Coordination and Cooperation

Russ Roberts interviews Dan Klein this week on EconTalk. Klein of George Mason University talks about the marvel of economic coordination that takes place without a coordinator--the sequence of complex tasks done by individuals often separated by immense distances who unknowingly contribute to everyday products and services we enjoy. Klein also discusses what he calls "the people's romance"--the idea that the highest form of human cooperation is through government action.

No comments: