

Peter J. Boettke on Austrian Economics and the Knowledge Problem
4 snips Jul 19, 2023
Peter J. Boettke discusses Hayek's economics, AI limitations in solving knowledge problems, challenges of socialist calculation, dynamic markets, entrepreneurship, role of prices in economy, human vs. computer adaptability, value-based food choices, technology intersecting human cognition, knowledge acquisition in economics, and benefits of diversity and decentralization in society.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10
Introduction
00:00 • 2min
Exploring Hayek's Economics and Knowledge
01:34 • 19min
Challenges of Socialist Calculation
21:04 • 27min
Dynamic Markets and Entrepreneurship
48:30 • 22min
The Role of Prices in Market Economy and Knowledge Dispersion
01:10:30 • 12min
Human vs. Computer Adaptability
01:22:00 • 4min
Value-based food choices and AI's limits in solving the knowledge problem
01:26:00 • 2min
Exploring the Intersection of Technology, Human Cognition, and Tacit Knowledge
01:28:02 • 4min
Exploring Knowledge Acquisition and Serendipitous Discoveries in Economics
01:32:14 • 32min
Exploring Diversity, Decentralization, and Innovation in Society
02:04:09 • 4min