3min chapter

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209 | Brad DeLong on Why the 20th Century Fell Short of Utopia

Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

CHAPTER

The Battle for the Soul of the 20th Century

Karl Polonny is less well known on the street probably than even Hayek is. He's even less well known to me than his brother, Michael. And so have it be a battle of the brothers. That would have been between Michael Polonny saying we need science as a fiduciary institution to generate the knowledge. We need the market economy in order to crowdsource the problems of turning this knowledge to productivity and then we have a good society.

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