"He was better at doing that than anyone else of his generation," he says. "What I found the most exhilarating though were the thought experiments, the experience machine or whatever it was called,. The parable, the slave." Cripke's book on choice theory is maybe his biggest failure, according to O'Neill.
Author and economist Tyler Cowen of George Mason University talks about his book, Big Business, with EconTalk host Russ Roberts. Cowen argues that big corporations in America are underrated and under-appreciated. He even defends the financial sector while adding some caveats along the way. This is a lively and contrarian look at a timely issue.