5: The Amphibian’s Dilemma
How a very simple concept in game theory – the Prisoner’s Dilemma – is omnipresent in our economic lives and in almost all social interactions, and the tension between individual incentives and societal good.
How a very simple concept in game theory – the Prisoner’s Dilemma – is omnipresent in our economic lives and in almost all social interactions, and the tension between individual incentives and societal good.
A discussion of the role of the local elected representative, the nature of political leadership particularly in a group setting, the traps that electeds fall into, and what we have learned from being local officials.
How understanding externalities is critical for both economics and public policy, but also how the claim of harm is often without merit but used as an argument against change, to protect one’s self-interest, or otherwise for political purposes.
Understanding the conflict between progressivism vs. conservatism, particularly in the context of local communities…and the case that change is both inevitable and desirable.
How social psychology requires us to reframe how we view market capitalism, what makes it successful and the government’s role in maximizing its potential.