The Soho Forum Debates

Debate: Austrian vs. Chicago Economics

Jul 5, 2024
David Friedman, an economist and legal scholar known for his book 'The Machinery of Freedom,' engages in a lively debate with Gene Epstein, former economics editor at Barron's. They tackle the stark contrasts between Austrian and Chicago economics, discussing the relevance of economic intuition versus empirical data. Topics include the interpretations of utility, the critiques of government policies, and the complexities of non-rational behavior in economic predictions. Their exchange challenges listeners to reconsider entrenched economic doctrines.
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