Private vs. Public Risk-Taking

EconTalk

• Episode: Private vs. Public Risk-Taking
• Website: EconTalk
• Feed URL: http://files.libertyfund.org/econtalk/EconTalk.xml
• Duration: 00:51:51
• Published: 2006-10-03 08:45

Mike Munger and Russ Roberts discuss the differences between public and private risk-taking. Their conversation includes the history of Honda, the Apple computer and even the use of turkey carcasses as an energy source. They also try to understand why the public is skeptical of good new ideas but often embraces bad new ideas.