Too often in economics the understanding of how things work by and large--not axiomatically or categorically--and the idea that we generally cannot know the economic system well enough to intervene into it beneficially are done less than justice. Yet they were Adam Smith's central messages for public policy, and they authorized a presumption of liberty, thus exceptions to liberty should be treated as exceptional and bear the burden of proof. In Knowledge and Coordination, Daniel Klein reexamines the elements of economic liberalism. He interprets Friedrich Hayek's notion of...
Too often in economics the understanding of how things work by and large--not axiomatically or categorically--and the idea that we generally cannot kn...
Our society worships at the fountain of youth. Each year, we try to delay the arrival of old age, using everything at our disposal, from extreme exercise and botox to pilates and cosmetic dentistry. But in the process, are we missing out on a distinct and extraordinarily valuable stage of life? Asking whether it is better to be forever young or to grin toothlessly and live an authentic old age, bestselling author Daniel Klein journeys to the Greek island of Hydra. There he draws on the lives of octogenarian Greek locals, as well as philosophers ranging from Epicurus to Sartre, to discover the...
Our society worships at the fountain of youth. Each year, we try to delay the arrival of old age, using everything at our disposal, from extreme exerc...