Friday, January 17, 2014

Epstein 5: Simple Rules for a Complex World

Source: www.youtube.com/watch?v=HUr-MbPUl5M

Epstein argues the simple yet powerful idea that the more complex a system is, the more it is important to have simple rules that facilitate rapid transactions.

1 comment:

  1. Some extremely smart critiques of Epstein's book, The Classical Liberal Constitution. I'm putting it in this "simple rules" section because I think the simple rules concept addresses many of the criticisms leveled against him.

    http://www.youtube.com/watch?v=gJ_VSYyl3dk&list=UUPIj95W1bHT9NSpNMm2oVbQ

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