Thursday, August 28, 2008

Market Evolution Vs. Market Design

Natasha Mitchell, host of All in the Mind, asks, "Are markets moral? Are we rational with our cash? Is our hunter/gatherer brain geared for modern capitalism? And do economies work a little like evolution, mutating and evolving through a process of cultural rather than biological natural selection?"

Listen to Mitchell moderate a debate between Michael Shermer and Stephen Mayne on the ABC Radio Network program All in the Mind.

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