

Rerun: Ep8 “Why Capitalism Works" with John Cochrane
6 snips Jul 24, 2024
Economist John Cochrane discusses how competitive markets provide essential incentives for innovation and economic progress. The conversation explores the balance between fairness and efficiency in economic systems, contrasting capitalism and communism. It also touches on the role of productivity growth, education, and the debate between free markets and stakeholder models.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Intro
00:00 • 3min
Fairness and Efficiency in Economic Systems
03:04 • 19min
Comparing Incentives and Welfare Systems in Different Countries
21:41 • 2min
Exploring the Importance of Productivity Growth and Education for Economic Growth
23:59 • 3min
Exploring the Debate Between Free Markets and Stakeholder Model
26:56 • 3min
Exploring the Role of Education in Capitalism and Equality
30:09 • 2min