Platt rejected academic economics as a science after studying it at Cambridge, because its claims—like supply and demand curves intersecting—could not adequately answer questions about where the data and curves come from or how they account for sudden shifts in preferences, leading him eventually to find Hayek's arguments more persuasive.

normativepending

Speaker

Charles Platt

Evidence Quote

gradually realized that the Hayek arguments made a lot more sense to me than other arguments

Source

Charles Platt on Working at Wal-Mart 06/15/2009EconTalk
Created: 6/15/2026, 9:17:26 AM

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