Episode 60 – Economic Reasoning Applied to Sociology (Podcast)

Today’s podcast features former United States Court of Appeals, Seventh Circuit, Judge Richard Posner, and former Nobel Prize winner Gary Becker. The two use their time to discuss the challenges confronting those who apply market analysis to social questions. Using examples like drug use, sexually transmitted diseases, and addiction, they discuss the possibilities of using economics to solve these problems while thinking about the government’s role in dealing with them. Originally Recorded: 1994