Daniel Klein on Honest Income

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Library of Economics and Liberty

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4.7 • 4.3K Ratings

🗓️ 27 January 2020

⏱️ 84 minutes

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Summary

Economist and author Daniel Klein of George Mason University talks about the ethics of working and the potential for our working lives to make the world a better place. This is a wide-ranging conversation that includes discussion of Adam Smith, what jobs we should work on, what charities we should donate to, how we can make ourselves more virtuous, the movies Se7en and Sabrina, and ultimately what Adam Smith calls "the becoming use of our own."

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:08.0	I'm your host, Russ Roberts of Stanford University's Hoover Institution.
0:12.0	Our website is econtalk.org, where you can subscribe, comment on this podcast,
0:17.0	and find links and other information related to today's conversation.
0:21.0	We'll also find our archives where you can listen to every episode we've ever done going back to 2006.
0:27.0	Our email address is mailadycontalk.org. We'd love to hear from you.
0:33.0	Today is December 3rd, 2019, and before introducing today's guest,
0:37.0	I want to remind listeners to go to econtalk.org, econtalk.org, where you'll find a link to the survey
0:44.0	where you can tell me your favorite episodes of last year.
0:47.0	The survey closes on February 2nd, and I'll be announcing results toward the end of February, and now for today's guest.
0:54.0	My guest is economist and author Dan Klein of George Mason University.
0:59.0	This is Dan's 10th appearance on econtalk, and to my surprise, and disappointment,
1:05.0	his first, since December 2011, eight years ago, included in those nine previous experiences,
1:13.0	is a six-part conversation we had about Adam Smith's masterpiece, The Theory of Moral Sentiments.
1:20.0	It's taught me a great deal about that book, and about Adam Smith, and eventually inspired me to write my book,
1:26.0	How Adam Smith Can Change Your Life. Dan, it's been a long time.
1:29.0	Too long. Welcome back to econtalk.
1:31.0	Thanks very much.
1:32.0	Our topic for today is a recent essay of written for economic affairs.
1:35.0	The title is, is it just to pursue honest income, which will inevitably lead us back to Adam Smith,
1:42.0	but I'm sure to other places as well.
1:46.0	At the heart of your essay is a fundamental question.
	...

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