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Economics In Ten  

Economics In Ten

Author: Economics In Ten

Economics In Ten is your go-to podcast if you want to learn about the lives, times and ideas of the world's greatest economic thinkers. Each episode is a fun exploration of a famous economist using ten different questions. Presented by Pete and Gav, your friendly neighbourhood economists, with technical support from Nic and music from Jukedeck - create your own at http://jukedeck.com
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Language: en-gb

Genres: Science, Social Sciences

Contact email: Get it

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Season 8 - Episode 2 - Edith Penrose
Monday, 4 November, 2024

What makes firms grow? This appears to be an important question, particularly with governments looking for GDP growth to be driven by firms. The normal vehicle for exploring this in Economics would be to use the 'classical' Theory of the Firm but in terms of growth, it doesn’t really have any answers or at least answers that provide any concrete implications for real-world decision-making. It was this question that the late, great Edith Penrose decided to answer and through doing this, created the Resource Based View (RBV) approach to help explain why firms grow (and some of course do not!). In this second episode of Season 8 of their award winning podcast, your friendly neighbourhood economists Pete and Gav, dive into the world of one of Diane Coyle’s favourite economists - Edith Penrose. Discover how Edith Penrose could be described as the Forrest Gump of economics and see how she challenged the economics orthodoxy of her time. Sadly there is no quiz this time but still there is poetry, food recommendations and plenty of bonhomie. Technical support comes from our own RBV Nic.

 

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