EconTalk cover image

Who Won the Socialist Calculation Debate (with Peter Boettke)

EconTalk

CHAPTER

The Essence of Human Judgment in Economics and AI's Role

This chapter explores how the price system and human judgment interact in economics, highlighting the indispensable creativity and adaptability needed in decision-making. Through examples from sports and economic contexts, it underscores the limitations of AI and reflects on philosophical insights regarding the differences between machines and human intelligence.

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.
App store bannerPlay store banner