Precognition of Ep. 123: Economics (F.A. Hayek and Amartya Sen)
The Partially Examined Life Philosophy Podcast
Mark Linsenmayer
4.6 • 2.3K Ratings
🗓️ 19 August 2015
⏱️ 12 minutes
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| 0:00.0 | Partially examined life precognitions introduce philosophical topics for upcoming episodes |
| 0:11.3 | to give you a few weeks to do the reading yourself. |
| 0:13.6 | They also serve as quick standalone summaries of the work. |
| 0:16.9 | You can read more about these topics, get the words we cover, and listen to Partially |
| 0:21.2 | Examined Life Conversations at partiallyexaminedlife.com. |
| 0:29.4 | Hello fellow Partially examined life fans. |
| 0:31.8 | I'm Seth Benzel, an economics PhD candidate at Boston University, and I'm here to introduce |
| 0:36.3 | two readings on the intersection of economics and ethics. |
| 0:39.4 | The first reading is Frederick Khaik's The Use of Knowledge in Society, and the second |
| 0:43.1 | is a Marchus Ends on Ethics and Economics. |
| 0:45.8 | Frederick Khaik was born in Austria in 1899. |
| 0:49.0 | To the public, he is best remembered for his 1944 Screed Against Socialism, the Road to |
| 0:52.9 | Surfdom. |
| 0:53.9 | Khaik was a contemporary of Keynes, and they had public intellectual feuds in which Keynes would |
| 0:58.0 | argue for more and Haik for less government intervention. |
| 1:01.4 | Despite this, the two were personally friendly, and Keynes found lodging for Haik when he |
| 1:04.9 | was driven out of London by the Blitz. |
| 1:07.5 | Haik won a Nobel Prize in 1974. |
| 1:10.1 | The Use of Knowledge in Society written in 1945 argues that decentralized planning via the |
| 1:15.0 | coordination mechanism of the price system will bring about better social outcomes than |
| 1:19.0 | centralized planning. |
| 1:21.0 | Imagine 1945. |
... |
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