#TIIH (The Invisible Invisible Hand) --- SynTalk

Published: July 29, 2017, midnight

Are you civil? When do you put your self interest aside? Does it depend on the \u2018evolutionary game\u2019 you are playing? Is justice fairness? Is a fair world impossible? What do markets promote? Is 'price' the magic wand? Can price take all the externalities into account? Do initial endowments always matter? Can social order emerge in a group of only self interested individuals? When can natural selection be said to be occurring? Why aren\u2019t all groups societies?\xa0Is there fairness (or even efficiency) in the animal world? Is despotism or nepotism the price that we pay for having a civilization? Would reciprocity be built into any just society? Why don\u2019t all efficient markets (or equilibria) exist? Can order and disorder appear in cycles? Does enlightened self interest lead to common good outcomes? Do we get exactly what we select for? Is there often a disconnect between the individual, sub-group, & group levels? Are larger groups likely to be less fair? Would an 'equal' world (even if) be stable? Can there be a Theorem for Fairness? How much of private property must we respect to have a prosperous society? What (besides poetry) is worth striving for\u2026? SynTalk thinks about these & more questions using concepts from evolutionary biology (Prof. Amitabh Joshi, JNCASR, Bangalore), political philosophy (Prof. Bindu Puri, JNU, New Delhi), & economics (Prof. Debraj Ray, New York University (NYU), New York). Listen in....