A Brief History of 21st Century Economics

HBR IdeaCast

Harvard Business Review

Leadership, Entrepreneurship, Communication, Marketing, Business, Business/management, Management, Business/marketing, Business/entrepreneurship, Innovation, Hbr, Strategy, Economics, Finance, Teams, Harvard

4.4 • 1.9K Ratings

🗓️ 23 June 2016

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tim Sullivan, co-author with Ray Fisman of "The Inner Lives of Markets," on how we shape economic theory -- and how it shapes us.

Transcript

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0:00.0	When leadership advice feels like buzzwords and platitudes, it's time to get real.
0:05.9	HPR's podcast Coaching Real Leaders brings you behind closed doors as Muriel Wilkins coaches anonymous
0:11.9	leaders through raw honest career questions
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0:18.3	wherever you get your podcasts. Welcome to the HBR IDEA cast from Harvard Business Review. I'm Sarah Green Carmichael. Today I'm talking with Tim Sullivan,
0:36.0	editorial director for Harvard Business Review Press and co-author with Ray Fissman of the new book, The
0:41.2	Inner Lives of Markets.
0:43.0	Tim, thank you so much for talking with us today.
0:45.0	Thanks for having me, I appreciate it.
0:46.5	I was reading the preface to the book and the story of how you guys got the idea for this book was interesting.
0:51.5	Tell me a little bit about that story. How did this sort of idea plan? for this
0:53.3	book was interesting.
0:51.5	Tell me a little bit about that story.
0:53.5	How did this sort of idea plant in your minds?
0:56.0	Yeah, so it was probably 10 years ago.
0:59.5	I was down at the MIT Coop, the bookstore,
1:02.0	and there was this great book on 20th century discoveries
1:06.4	in physics, and I'm a nerd, so I picked it up, and it was a reprint of papers starting around 1900 going through, you know, Einstein's
1:16.7	honest morablus and then discoveries going over the course of most of the 20th century and it would present it was here's the physics paper which was like four pages long they're all really short
1:28.4	They're completely incomprehensible to me because I don't speak math at that level.
1:33.0	And then there was a really cogent essay explaining not only why it was important,
	...

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