Audio Interview

Directed improvisation: how governments can guide creative problem-solving without dictating outcomes

Published on April 8, 2024   37 min

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Interviewer: Today I'm interviewing Professor Yuen Yuen Ang, who occupies the Alfred Chandler Chair of Political Economy at Johns Hopkins University, USA, on government intervention in free markets, discussed in her article of 18th of April 2023 in Project Syndicate, "The False Choice Between Neoliberalism and Intervention". A link to Professor Ang's full biography accompanies this interview, and listeners are expected to have read the Project Syndicate article before listening to this interview. Professor Ang covers the issues in greater detail in her book, "How China Escaped the Poverty Trap", published by Cornell University Press in 2016. Professor Ang, thank you for sparing the time. Prof. Ang: Well, thank you very much for having me. It's a real pleasure. Interviewer: May I start by asking you, what do you mean by directed improvisation, Professor Ang? Prof. Ang: Yes, in my article in Project Syndicate, I meant to encourage readers to think about the role of the state in the economy in ways that is neither interventionism nor neoliberalism. I propose that there is a third way to think about this, which I call "directed improvisation". Directed improvisation refers to a creative process where individuals or

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Directed improvisation: how governments can guide creative problem-solving without dictating outcomes

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