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Arnold Kling on Specialization and Trade

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Manage episode 126571161 series 142
Content provided by Library of Economics and Liberty and Russ Roberts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Library of Economics and Liberty and Russ Roberts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Arnold Kling, economist and author, speaks with EconTalk host Russ Roberts about his latest book, Specialization and Trade: A Reintroduction to Economics. Kling argues that macroeconomics ignores the challenges of buyers and sellers working together in the real world of specialization and trade. Instead, most macroeconomic theories struggle to incorporate the differences across workers and products. Kling points the listener toward a different perspective on macroeconomics and the business cycle that focuses on those differences. Kling also lays out related insights on political economy as well as his take on G.A. Cohen's parable of the camping trip.

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967 episodes

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Arnold Kling on Specialization and Trade

EconTalk

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Manage episode 126571161 series 142
Content provided by Library of Economics and Liberty and Russ Roberts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Library of Economics and Liberty and Russ Roberts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Arnold Kling, economist and author, speaks with EconTalk host Russ Roberts about his latest book, Specialization and Trade: A Reintroduction to Economics. Kling argues that macroeconomics ignores the challenges of buyers and sellers working together in the real world of specialization and trade. Instead, most macroeconomic theories struggle to incorporate the differences across workers and products. Kling points the listener toward a different perspective on macroeconomics and the business cycle that focuses on those differences. Kling also lays out related insights on political economy as well as his take on G.A. Cohen's parable of the camping trip.

  continue reading

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