Tyler Cowen - Hayek, Keynes, & Smith on AI, Animal Spirits, Anarchy, & Growth
Dwarkesh Podcast
Understanding the Competence of Key Government Institutions
This chapter examines the effectiveness of key American institutions like the Supreme Court and the Federal Reserve, emphasizing their strong civic virtue and moral incentives. It highlights the intelligence and dedication of the individuals within these bodies, contrasting them with corrupt unelected institutions globally.
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