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Arnold Kling on Economics for the 21st Century
Episode 620

Arnold Kling on Economics for the 21st Century

Economist, blogger, and author Arnold Kling talks with EconTalk host Russ Roberts about the state of economics in the 21st century. Kling argues that economics would be more useful if it took account of intangibles like culture, incorporated the role of financial intermediation in the economy, and modeled some of the the subtleties of the labor market--how wages are set and the role of team production.

EconTalk · EconTalk: Russ Roberts

March 12, 20181h 4m

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Show Notes

Economist, blogger, and author Arnold Kling talks with EconTalk host Russ Roberts about the state of economics in the 21st century. Kling argues that economics would be more useful if it took account of intangibles like culture, incorporated the role of financial intermediation in the economy, and modeled some of the the subtleties of the labor market--how wages are set and the role of team production.

Topics

economicslabormodelseconlibfinancial intermediationculturearnold kling