Economists don't get into detail because they're studying a changing environment, he says. "Whatever we study in depth will be out of date" He would like economists to work with engineers and public health professionals on the real systems of our time. But understanding and studying that so that we have an answer to robotics.
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.
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