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Podcast: The Jim Rutt Show
Episode: EP 182 Brad DeLong on An Economic History of the 20th Century
Description: Jim talks with Brad DeLong about his book Slouching Toward Utopia: An Economic History of the Twentieth Century. They discuss how everything changed around 1870, the idea of a polycrisis, Friedrich von Hayek's affirmation of the market system, the calculation problem, Karl Polanyi's response, a quantitative index of technological knowledge, the pace of growth, the necessity of a grand narrative, Malthusianism, the lead-up to the Industrial Revolution, the invention of the industrial research lab, the Edison-Tesla fight, science as an institution, the transition away from force & fraud dominance, theories about the rise of global empires, communities of engineering practice, causes of Wor...