5 questions for Neil Chilson on ‘emergent order’
By James Pethokoukis and Neil Chilson In The Wealth of Nations, Adam Smith wrote of the “invisible hand” that directs free market operations. Today, economists speak of “emergent order” — order that emerges spontaneously without any central direction. But we’ve come a long way since Adam Smith. On this episode of the “Political Economy” podcast, […]