Does economic growth make people happy? Does higher pay spur better performance? Some economic theories and ideas can be confidently thrown overboard, Bruno Frey states in the current episode of the Max Planck Economics Podcast. The renowned Swiss economist is a permanent visiting professor at the University of Basel and a research director at the Centre for Research in Economics, Management and the Arts (CREMA) in Zurich
We had the opportunity to talk to him about his recent books “Economic Ideas You Should Forget” and “Honours versus Money: The Economics of Awards” and we asked him about some of his intriguing ideas, such as offering migration certificates for sale and selecting politicians at random.
Reading material on the podcast episode:
Bruno Frey and David Iselin (eds.). Economic Ideas You Should Forget. Springer, 2017. https://www.springer.com/de/book/9783319474571
Bruno S. Frey and Jana Gallus. Honours versus Money: The Economics of Awards. Oxford UP, 2017.
Bruno S. Frey and Margit S. Osterloh. Aleatorische Demokratie. CREMA Working Paper 2016-09.
Margit S. Osterloh and Bruno S. Frey. Migration Policy: Lessons from Cooperatives. CESifo Working Paper Series No. 6364.
Max Planck Economics Podcast
Editing: Nicole Stefan
Music: “Corporate Technology” by Scott Holmes: scottholmesmusic.com