The Complexity of Human Preferences
Russ and Paul discuss the limitations of our obsession with efficiency and growth, highlighting the importance of considering other aspects of life beyond economic measures. They delve into extended preferences and how our history of interactions can shape our present preferences, using examples like developing a taste for coffee. Paul also explores the concept of feeling moralistic about others' behavior and the desire to scold them when they violate rules.In this clip
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EconTalk
Paul Romer on Growth, Cities, and the State of Economics
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