Price as the Cognitive Glue of Multiple Intelligences: Ben Lyon and Marcus Shera on Economics and Biology

The Meaning Code di Karen Wong

Note sull'episodio

Ben Lyons recently gave a talk on Michael Levin's Academic Channel with his theory that price in economics relates to Levin's theory of bio electricity as the cognitive glue of collective intelligence. Marcus Shera, expert in Austrian Economics, joins us to discuss this theory and how it might apply to the wider view.

Timestamps:

0:00 Introductions

04:28 Exploring the Concept of Value in Economics and Biology

19:47 Discussion on Cellular Level Decision Making

24:02 Brain Function and Finance Analogy

29:15 Economic Perspectives and Transaction Costs

39:05 Computational Irreducibility and Reducibility

41:30 Contracts and Social Institutions

52:32 Discussion on the Role of DNA in Biological Systems

58:20 Discussion on Subjective Theory of Value and Scarcity

1:02:48 Discussi ... 

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