
The Ethos of Economics with John Cogan and Kevin Warsh | Peter Robinson | Hoover Institution
Uncommon Knowledge
Do You Know What's Going on in Washington, DC?
"The answer is rent seeking behavior on the part of companies to try to influence the government, to favor them," he says. "When you say misallocation of resources, you mean resources shifting over to gaming ... and away from the actual production of goods and services" He adds: "You're impairing the ability of an economy to move forward through the generation of new ideas"
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.