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🗓️ 22 September 2025
⏱️ 83 minutes
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| 0:00.0 | Welcome to Econ Talk, Conversations for the Curious, part of the Library of Economics and Liberty. |
| 0:07.9 | I'm your host, Russ Roberts, of Sholem College in Jerusalem and Stanford University's Hoover Institution. |
| 0:13.8 | Go to EconTalk.org, where you can subscribe, comment on this episode, and find links and other information related to today's conversation. |
| 0:21.2 | You'll also find our archives with every episode we've done going back to 2006. |
| 0:26.7 | Our email address is mail at econTalk.org. |
| 0:30.0 | We'd love to hear from you. |
| 0:36.7 | Today is September 2nd, 2025, and my guest is Cognitive Psychologist and author Stephen Pinker, |
| 0:42.9 | the Johnstone Family Professor of Psychology at Harvard University. |
| 0:46.7 | His latest book and the subject of today's conversation is, |
| 0:50.3 | When Everyone Knows That Everyone Knows, Common Knowledge knowledge and the mysteries of money, power, |
| 0:57.1 | and everyday life. Stephen, welcome to Econ Talk. |
| 1:00.6 | Thank you. |
| 1:01.5 | At the heart of the book is this idea of common knowledge, which has an everyday meaning, |
| 1:07.1 | but you also mean it in a more technical way. What do you mean by common knowledge? |
| 1:13.0 | Common knowledge refers to the state where A knows something, B knows it, A knows that B knows it, |
| 1:20.2 | B knows that A knows it, B knows that A knows it at infinitum. |
| 1:25.9 | And part of this, there's an attempt at some point in the book to answer the question |
| 1:33.8 | of whether this is feasible at the deepest level, at the fullest level. |
| 1:39.3 | Talk a little bit about that. |
| 1:41.6 | Some of the book is applied game theory, which involves |
| 1:46.8 | recursive reasoning in various ways by the participants, sometimes mathematically. That's important. |
| 1:53.1 | So give us your take on, quote, how realistic this assumption is of common knowledge and |
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