Austrian Economics & Applied Political Economy— Peter Boettke & Adam Martin
Hayek Program Podcast
00:00
How Do You Compare Your Natural Economist With Your Natural Educator?
There's this distinction that Buchanan makes between a natural economist and a properly trained economist. Natural economist is someone who picks up the intuition of the logic of economics immediately upon hearing it. Then the properly trained economist understands nuance and other kinds of things that come in, subjectivism and things. I think there's a divergence between the way that political economists do this versus regular economists,. Regular economists get the same sort of basic intuitions, and they want to then complicate the models further than normal.
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