Evidence receipt / evaluation
Published · transcript-backedJohn Cochrane: evaluation
10 Mar 2021 Conversations with Tyler John Cochrane on Economic Puzzles and Habits of Mind
“Left ideology gives you a moral basis on which to go out and try to run things. Lots of people go into economics because they want to save the world.”
Source trail
Everything needed to verify it.
- Speaker
- John Cochrane
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 10 Mar 2021
- Publisher
- Conversations with Tyler
Transcript context
…But they’re much more left than 20 years ago. Yes, and passing that on. I think the single greatest . . . No, you’re right. Well, economists — the question is, why has the left current within economics become more powerful? It always was — not left–right — a free market versus interventionist debate. That is the debate of all time. Free market versus interventionist. Left ideology gives you a moral basis on which to go out and try to run things. Lots of people go into economics because they want to save the world. Then you take some classes that say the best way to save the world is to stay the heck out of the way, and that’s discouraging if you’re a young millennial who wants to go and save the world, so we go find — But that’s a levels explanation, right? Not a change explanation.…
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