A lot of anthropologists criticize what economists do at a pretty broad level. Are you persuaded by what they say or not? I think that anthropology in the form of getting a very deep texture, a thick description of a society is a very important kind of approach. Second, we need an anthropology of economics in the original literal sense of the word which is a theory of man much better than we have. So we need a new anthropology in our field. The economy of Mexico. Overrated or underrated? It's probably accurately rated,. but 100 million people living in a kind of middle income stasis.
Tyler Cowen and Jeffrey Sachs discuss the resource curse, why Russia failed and Poland succeeded, charter cities, Sach's China optimism, JFK, Paul Rosenstein-Rodan, whether Africa will be able to overcome the middle income trap, Paul Krugman, Sach's favorite novel, premature deindustrialization, and how to reform graduate economics education.
Read a full transcript enhanced with helpful links, or watch the full video.
Other ways to connect