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Title : Should Economists Downplay Competition?

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Should Economists Downplay Competition?

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Paul H. Rubin , the Samuel Candler Dobbs Professor of Economics at Emory University in addition to past times President of the Southern Economic Association, this calendar week delivered the The F.A. Hayek Memorial Lecture at the Austrian Economics Research Conference at the Mises Institute inwards Auburn, Alabama.

He titled his lecture, "How We Talk About Economics in addition to Why It Matters." If you lot are interested inwards getting the gratuitous marketplace message across, you lot postulate to spotter this.

His point, past times the way, dovetails amongst my recent curt comment:

[T]he at i time hip Silicon Valley phrase "market disruption," when looked at from the marketplace equally a whole,... is [really] better marketplace coordination rather than disruption.

-RW

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