Category: Openness to C. D. Book

YouTube Clip on “Brunelleschi and Ghiberti’s Rivalry” Excerpted from EconTalk Podcast

A brief YouTube clip on “Brunelleschi and Ghiberti’s Rivalry,” excerpted from the EconTalk podcast on Openness to Creative Destruction. The host and interviewer was Russ Roberts of Stanford University’s Hoover Institution. If you click above, the podcast should play right within my blog.

“Outsiders” YouTube Excerpt from EconTalk Podcast on Openness to Creative Destruction

A brief YouTube clip on “Outsiders,” excerpted from the EconTalk podcast on Openness to Creative Destruction. The host and interviewer was Russ Roberts of Stanford University’s Hoover Institution. If you click above, the podcast should play right within my blog.

Art Diamond on EconTalk 8/12/19 Podcast with Russ Roberts

The podcast will posted sometime during the morning of Mon., 8/12/19. EconTalk podcasts can be downloaded from (or listened to at) econtalk.org.

Reason Magazine Runs Excerpt from “Openness to Creative Destruction”

A three-page, edited excerpt from Openness to Creative Destruction appears in the Aug./Sept. issue of Reason magazine.

Innovative dynamism creates more jobs than it destroys and the new jobs created are usually better jobs than the old jobs destroyed. The Aug./Sept. issue of Reason includes an edited excerpt of this positive account of the labor market from Openness to Creative Destruction. The online version of the article is available now. The print version of the article either is on newsstands now, or will be soon. The citation for the article is:

Diamond, Arthur M., Jr. “How Work Got Good.” Reason (Aug./Sept. 2019): 22-24.

Amazon Names “Openness to Creative Destruction” as “#1 New Release in Industrial Management & Leadership”

Art Diamond noticed on Fri., June 28, 2019 that Amazon.com had identified “Openness to Creative Destruction” as “#1 New Release in Industrial Management & Leadership”.

Table 7.1 and Table 7.2 Correctly Formatted in Free PDF

Table 7.1 from p. 95 of Openness to Creative Destruction, corrected for OUP post-proof formatting errors.
Table 7.2 from p. 96 of Openness to Creative Destruction, corrected for OUP post-proof formatting errors.

After my last viewing of the page proofs for my Openness to Creative Destruction, formatting errors were introduced by Oxford University Press (OUP) into Table 7.1 and Table 7.2.

A PDF with corrected versions of the tables can be downloaded for free at:
https://www.artdiamond.com/DiamondPDFs/CorrectedPages_94_%20thru_96withHeading.pdf

Openness to Creative Destruction Released Today

Art Diamond next to sign saying "Congratulations!".
My wife Jeanette decorated the mantelpiece to celebrate the publication of Openness. Our daughter Jenny, and dachshund Fritz, joined the celebration.

Today, June 3, 2019, is the official release date of my book Openness to Creative Destruction: Sustaining Innovative Dynamism.

A couple of weeks ago I heard a thoughtful presentation by Pete Boettke that contrasted the role of economist as scientist and as savior. He plausibly claimed that one of my mentors, George Stigler, defended the economist as scientist.

But as is true of many of us, Stigler was not always consistent. He sometimes said that whether you are a fireman or an incendiary, you need to know how fire works. And I generalize that if you want to be effective at saving the world, you need to know how the world works. Science as a method of tolerant inquiry, and not as a body of unquestionable doctrine, helps you to know how the world works.

So my immodest hope for Openness is both that it advances the science of economics, and that it helps to save the world.

PS: Openness can be purchased from Oxford University Press for 30% off using the discount code ASFLYQ6.

Vernon Smith Offers More Advance Praise for Openness to Creative Destruction

Adam Smith said that we seek security–more cautious than enterprising–because we suffer more in falling from a better to a worse situation than we ever enjoy in rising from a worse to better. Yet Smith provided opportunity for James Watt, an upstart 22 year-old mechanical genius that was denied him by the local corporations; thus launching a spectacular career of innovation. Others, from Tom Edison to Steve Jobs, followed. Diamond’s book is about our need to nourish and reduce the obstacles to that creative engine; to give freedom to the flower of innovation that we all be enriched.

Vernon Smith, Nobel Prize in Economics, received in 2002.

Vernon Smith’s advance praise is for:
Diamond, Arthur M., Jr. Openness to Creative Destruction: Sustaining Innovative Dynamism. New York: Oxford University Press, forthcoming June 2019.