Wednesday, November 09, 2011

Who was the greater economist? - A conversation with Robert H. Frank at Nesta

I am off tonight to Nesta to see Who was the greater economist? - A conversation with Robert H. Frank
. The event will look at:-

Economist and New York Times columnist Robert H. Frank will discuss his new book The Darwin Economy: Liberty, Competition and the Common Good, at NESTA on Wednesday 9th November.

The Darwin Economy contends that Charles Darwin’s understanding of competition describes economic reality far more accurately than Adam Smith. For Smith, market failures were almost always rooted in attempts to suppress competition. In contrast, Darwin’s framework suggests that market failures are rooted in the logic of competition itself.


Hopefully, will write it up sometime this week.

1 comment:

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