Thoughts on economics and liberty

Vernon Smith’s interview on Youtube – 24 minutes

Vernon Smith's, the great experimental economist (and Nobelist) gave the following interview to Reason TV recently, in which he covers:

  • his ideological journey from socialist to libertarian
  • how and why some of Adam Smith's most important intellectual contributions are overlooked
  •  what experimental economics has to say about the collapse of the housing market. 

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