January 12, 2010

Simon Johnson vs. Tyler Cowen

Heroes collide!

Simon Johnson, MIT: "Use a powerful story to destroy evil"

Tyler Cowen, GMU: "Stories are dangerous; they cloud our judgement; we should avoid them"

Professors, do the ends (creating better public policy by breaking the banking oligopoly) justify the means (using simplistic narratives and playing to people's fear/emotions)? Can they be separated?

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