Yanis Varoufakis on Valve, Spontaneous Order, and the European Crisis

2013-02-25 · 63 min · episode 356 · 18 entities

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Asserted relationships

→ appeared on EconTalk podcast

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Yanis Varoufakis on Valve, Spontaneous Order, and the European Crisis
→ hosted by Russ Roberts person

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Entities found in this episode

concepts 8

mentioned Society & Culture concept

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mentioned Education concept

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mentioned Science concept

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mentioned Social Sciences concept

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discusses Society & Culture concept

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evidence rules-v4
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discusses Education concept

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evidence rules-v4
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discusses Science concept

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discusses Social Sciences concept

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mentioned Russ Roberts person

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mentioned Library of Economics and Liberty person

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mentioned Yanis Varoufakis person

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Yanis Varoufakis on Valve, Spontaneous Order, and the European Crisis
hosted by Russ Roberts person

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Feed author/publisher: Russ Roberts
hosted by Library of Economics and Liberty person

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Feed author/publisher: Library of Economics and Liberty

companys 2

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podcasts 1

appeared on EconTalk podcast

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Yanis Varoufakis on Valve, Spontaneous Order, and the European Crisis

Episode description as stored

Yanis Varoufakis of the University of Athens, the University of Texas, and former economist-in-residence at Valve Software talks with EconTalk host Russ Roberts about the unusual structure of the workplace at Valve. Valve, a software company that creates online video games, has no hierarchy or bosses. Teams of software designers join spontaneously to create and ship video games without any top-down supervision. Varoufakis discusses the economics of this Hayekian workplace and how it actually functions alongside Steam--an open gaming platform created by Valve. The conversation concludes with a discussion of the economic crisis in Europe.