2min chapter

Lex Fridman Podcast cover image

Paul Krugman: Economics of Innovation, Automation, Safety Nets & Universal Basic Income

Lex Fridman Podcast

CHAPTER

Is the Government a Good Idea?

Politicians believe, probably rightly, that there's a kind of halo effect that surrounds any kind of government intervention. It always seemed to me like, you, that should be shifted towards, if you want to grow prosperity of the nation, you should be investing in knowledge. I mean, sorry to linger on it, but you have any intuition. Do you have a hope that that changes? Why it's not changing?It's unclear which, which is, I have a theory. I'm reasonably certain that I understand why, why we don't do it. And it's, because we have a real values dispute about the welfare state,. About how much the government should do to

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