How economic theory and thought is evolving! (ENGLISH)

November 3, 2017

Russ Roberts is one of the most important economic thinkers and popularizers of our time. His podcast Econtalk is the most perceptive podcast for learning economics. You will find the most in-depth discussions of many subjects there and his interviews and interview style is enviable.

While Russ has published extensively in academic journals and is a professor of economics in George Mason University, he has done a lot to present key economic ideas to a wider audience.  His books, “The Choice,” “The Invisible Heart,” and ‘The Price of Everything” are written for the lay audience in fictional form to explain economic thinking and analysis. They clarify difficult economic concepts and are very provocative for generating very interesting learning discussions. They are a must for anyone interested in economics.

Russ has also made economics music videos—a series of debates in rap between Keynes and Hayek.  Once again very useful for understanding economics.

Russ’s most recent book is “how Adam Smith can Change your life: An Unexpected Guide to Human Nature and Happiness.”

We will use Russ’s vast experience in economics to discuss several key issues that are important to all who are interested in economic thought and policy.

  • His reflections on a career in economics and how his thinking has changed over time.
  • Key economic thinkers such as Smith, Keynes, Hayek and the Austrians.
  • The nature of policy and policy thinking.
  • The role of models, emergence and self-organization in understanding economics.

There is a lot in this podcast if you are interested in economics.  I urge you to listen to it carefully and if you are student share it and discuss it in class.

Listen to this and let us reinvigorate research and debate into change. 

Listen to this fascinating discussion. There is much to learn and research here. 

You can also look at my book “Looking Back: How Pakistan Became an Asian Tiger in 2050” now available in hard copy in Pakistan. Soft copy here.

Listen and learn and write some papers on this subject.  Don’t forget to cite Soch Bichar

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