From the New World cover image

Arnold Kling: How Economics Starts with Specialization

From the New World

00:00

How to Stop a Lead Over Production

I completely agree that this is this is no easy task for sure. This is a task that requires a kind of thorough mobilization of resources akin to like denotsification and I don't think that's an exaggeration, he says. He wants to call these cycles inevitable and so on but doesn't like the cyclical aspect of it. "You're just the way he likes to eat me" you want to come up with sort of cognitive empathy for the woke peopleyou want to keep going to explain them psychologically but that might be the explanation I would look for," he adds.

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