Episode 123: Economics with Hayek and Sen (Intro by Seth Benzell)

The Partially Examined Life Philosophy Podcast

• Episode: Episode 123: Economics with Hayek and Sen (Intro by Seth Benzell)
• Website: The Partially Examined Life Philosophy Podcast
• Feed URL: http://feeds.feedburner.com/ThePartiallyExaminedLife
• Duration: 02:15:57
• Published: 2015-09-07 14:00

On F.A. Hayek's "The Use of Knowledge in Society" (1945) and Amartya Sen's On Ethics and Economics (1987). Is economics a pseudoscience? Are its assumptions by necessity too over-simplifying? Hayek objects to the idea of planning an economy, because the planners aren't in a position to know enough. With guest Seth Benzell, who starts us off with a "precognition" of the material.

End song: "People Who Throw Away Love" by Mark Lint.