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The People's Romance

The latest EconTalk is a conversation with my colleague Dan Klein on the economics of coordination—how markets connect people around the world doing various parts of a task that get combined into a finished product without any of the people contributing the task necessarily knowing that they’re working together. Along the way, we talk about what Dan, calls The People’s Romance, the idea that the highest human activity is a government project of some kind that "we" work on together. Dan argues that such an urge to is widespread and that it degrades our culture. I argue it’s dangerous. Enjoy. Next week is William Easterly.


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