EconTalk

• Who Won the Socialist Calculation Debate (with Peter Boettke)

  For more than a century, some economists have insisted that central planning can outperform markets. Economists like Mises, Hayek, and Friedman disagreed. Who won this debate? Is it over? Does AI change how we should think about the power of planning? Listen as economist Peter Boettke of George Mason University discusses what is known as the "socialist calculation debate" with EconTalk's Russ Roberts.

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• Minimalists and Hoarders (with Michael Easter)

  Why do we buy stuff we don't need? Maybe for the same reason that some people can't stand stuff at all. Listen as author Michael Easter speaks with EconTalk's Russ Roberts about how two seemingly opposed approaches to our possessions--minimalism and hoarding--may stem from the same impulse to cope with uncertainty. They also discuss the downsides of minimalism and how to figure out whether we're really buying the right things.

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• Coase, the Rules of the Game, and the Costs of Perfection (with Daisy Christodoulou)

  Surely perfection is better than imperfection. But applying technology to improve decision-making can backfire. Listen as ed-tech innovator Daisy Christodoulou and EconTalk's Russ Roberts talk about the costs of seeking perfection when technology is used to improve refereeing in sports. They also talk about ways to embrace imperfection and how the economist Ronald Coase can help us understand the power of the rules of the game, both in sports and in life.

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  1:10:25
• Why AI Is Good for Humans (with Reid Hoffman)

  Should we worry about the human future in a world of AI? Reid Hoffman is unafraid and even optimistic. He argues that the brave new world that awaits is going to be great for humanity. Listen as he talks about his book Superagency with EconTalk's Russ Roberts and argues that the future is bright not just for AI, but for the people who remake the world using it.

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  1:21:03
• Weep, Shudder, Die: The Secret of Opera Revealed (with Dana Gioia)

  How can opera, with words we rarely understand, make us cry? Why does opera, filled with melodrama, move us? Listen as poet and librettist Dana Gioia explains to EconTalk's Russ Roberts why words matter more than we think, in both opera and on Broadway.

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