I was a little late when I arrived at the Landau Building on Stanford Campus for my first meeting with a Nobel Laureate. I ran up to the third floor and was looking in Kenneth Arrow`s office … I did not see him at first. Can you imagine why;-)))
Even though I was late »the ice« broke quickly.
Our topics were:
- the limitation of existing economic modells
- the incapacity to predict
- analogy between biology and economics
It was very challenging for me to talk to the »grandfather« of the equilibrium theory. Thank you Kenneth Arrow!
By the way: Kenneth Arrow is still doing research at Stanford University! He is riding his bike to the campus … tie and helmet! Beautiful!
Listen to the podcast, the sound isn`t so good, but anyhow it`s worth listening …