Choosing Imperfect Alternatives
Peter discusses the tendency to lean towards centralization in order to identify intentions, but emphasizes the importance of focusing on outcomes rather than just intentions. He highlights the criticism of government in the wake of Katrina and how intentions were inferred from outcomes. This episode explores the economic way of thinking and the need to resist making assumptions based solely on intentions.In this clip
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EconTalk
Peter Boettke on Katrina and the Economics of Disaster
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