13min chapter

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Tyler Cowen - Hayek, Keynes, & Smith on AI, Animal Spirits, Anarchy, & Growth

Dwarkesh Podcast

CHAPTER

The Shift in Economics and Lack of Curiosity

A conversation about the specialization and lack of curiosity among economists, discussing the role of Adam Smith and William Stanley Jevons in shaping the field. The chapter explores the negative consequences of specialization and the potential of decentralized processes in markets.

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