The Marvel of Coordination
The discussion explores the intricate coordination required in production systems, likening it to everyday household management. Dan highlights the astounding scale at which these systems operate, suggesting that our cognitive abilities struggle to grasp their complexity. He emphasizes the importance of recognizing this "incredible" nature, as it challenges our understanding of policy and the manipulability of societal mechanisms.In this clip
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EconTalk
Dan Klein on Coordination and Cooperation
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