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Diane Coyle on Cogs, Monsters, and Better Economics

EconTalk

Are You Trying to Achieve a Universal Basic Income?

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I don't think we have the tools and economics for addressing that as well as we think we do. And i think nomists have zero ability to think about those things. Neesimno, sure, ti's a better discipline than economics to think about it, but i don't think economics has much to say about that. We should limit our confidence in our pronouncements because of that reality.

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