Frank on Competition, Government, and Darwin

Robert Frank of Cornell University and author of The Darwin Economy talks with EconTalk host Russ Roberts about competition, government and the relevance of Darwin for economics. In a lively and spirited discussion, Frank argues that because people care about their relative standing with their neighbors, standard conclusions about the virtues of competition are misleading. He argues that competition is often wasteful and he suggests directions for tax policy and other forms of government intervention to take these effects into accounts.

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Frank on Competition, Government, and Darwin is an episode from EconTalk Archives, 2011 by Library of Economics and Liberty.

This episode is 01:03:31 long.

This episode was published on Sep 12, 2011.

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