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Tyler Cowen - Hayek, Keynes, & Smith on AI, Animal Spirits, Anarchy, & Growth

Dwarkesh Podcast

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Hayek's Arguments for Central Planning

The rise of Wilkness is a big debate./nExcessive bureaucracy and clorotic institutions are seen as bigger problems than Wilkness./nHayek argued for decentralization, but companies like Amazon and Uber demonstrate effective central planning./nThe firm and the market are interconnected, and the firm is not an island of central planning./nAmazon's success is seen as the market working.

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