Hayek Program Podcast

This is the first episode of a three-part miniseries on entangled political economy (EPE), hosted by Mikayla Novak. Entangled political economy is a sub-discipline of political economy that explicitly views individuals and the private and public sectors as being intertwined in overlapping exchange relationships along competitive and collaborative dimensions.On this episode, Mikayla Novak interviews Richard Wagner on entangled political economy. Wagner discusses the framework’s origins, influenced by James Buchanan, and critiques governmental inefficiency, advocating for privately ordered governance. Wagner reflects on his teaching experiences which integrated anthropology, sociology, and other social sciences, and how these shaped his understanding of economics as a broad social science encompassing various forms of exchange and societal interactions. He highlights Vincent Ostrom's work on the limitations of government, and considers the future directions of EPE.Richard Wagner is Emeritus Professor of Economics at George Mason University and Distinguished Senior Fellow with the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to seasons one and two!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue the Living Better Together miniseries, featuring select authors of Living Better Together: Social Relations and Economic Governance in the Work of Ostrom and Zelizer (Palgrave Macmillan, 2023) and hosted by its coeditor, Stefanie Haeffele.Joining us today are Carolina Dalla Chiesa and Crystal Dozier. Together, they mesh Ostrom and Zelizer’s approaches and highlight the importance of using interdisciplinary methods to better understand economic exchanges. Carolina focuses on the symbolic meanings of money and economic governance, while Crystal explores archaeological studies of non-market societies. They both articulate how their unique backgrounds and research focus contribute to a richer dialogue between economic sociology and institutional economics.Carolina Dalla Chiesa is Assistant Professor of Cultural Economics and Organizations in the Department of Arts and Culture at Erasmus University Rotterdam. She is currently a Mercatus James Buchanan fellow. Check out her chapter, “‘Circuits of Commons’: Exploring the Connections Between Economic Lives and the Commons.”Crystal Dozier is Associate Professor and Archaeologist in the Fairmount College of Liberal Arts and Sciences at Wichita State University. She is an alum of the Mercatus Adam Smith Fellowship. Check out her chapter, “Testing Circuits of Commerce in the Distant Past: Archaeological Understandings of Social Relationships and Economic Lives.“References: Virgil Henry Storr’s Understanding the Culture of Markets, Daniel K. Richter’s Facing East from Indian Country: A Native History of Early America, and Hans Abbing’s Why Are Artists Poor?: The Exceptional Economy of the ArtsIf you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to seasons one and two!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode, we’ll hear a book panel discussion on Timur Kuran’s book, Freedoms Delayed: Political Legacies of Islamic Law in the Middle East (Cambridge University Press, 2023). In his comments, Timur provides an overview of his book, highlighting the Middle East's struggle with repressiveness, the challenges of fostering a liberal civil society, and the historical role of Islamic legal institutions. The panel is moderated by Peter J. Boettke, and they are joined on the panel by:Mark Koyama,* Associate Professor of Economics at George Mason University, Senior Fellow with the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center, and co-author of How the World Became Rich (2022) and Persecution and Toleration (2019).James Robinson, Professor of Political Science at the Harris School of Public Policy at the University of Chicago, The Reverend Dr. Richard L. Pearson Professor of Global Conflict Studies, Institute Director at the Pearson Institute for the Study and Resolution of Global Conflicts, and he has numerous books including The Narrow Corridor (2019) and Why Nations Fail (2013).Jennifer Brick Murtazashvili, Founding Director of the Center for Governance and Market and Professor at the University of Pittsburgh Graduate School of Public and International Affairs, and co-author of Land, the State, and War: Property Institutions and Political Order in Afghanistan (2021).Timur Kuran is a Turkish-American economist and political scientist. He is a Professor of Economics and Political Science and the Gorter Family Professor of Islamic Studies at Duke University. He has published multiple books including The Long Divergence: How Islamic Law Held Back the Middle East (2011) and Private Truths, Public Lies: The Social Consequences of Preference Falsification (1997).*Mark Koyama's comments were recorded separatelyIf you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue the Living Better Together miniseries, featuring select authors of Living Better Together: Social Relations and Economic Governance in the Work of Ostrom and Zelizer (Palgrave Macmillan, 2023) and hosted by its coeditor, Stefanie Haeffele.Joining us today are Anne Hobson and Laura Grube. Together they explore the complexities of institutional diversity, community recovery, and crisis resilience through the lenses of Ostrom and Zelizer. Laura’s chapter focuses on community recovery following Hurricane Katrina and Superstorm Sandy and emphasizes the importance of local, community-driven solutions following disasters. Anne’s chapter explores the role of remittances in Cuba and how these financial supports act as economic circuits that maintain and strengthen familial and social bonds across geographical distances. Both emphasize the importance of social relations in community resilience.Laura Grube is an Associate Professor of Economics at Beloit College. She is an alum of the Mercatus PhD Fellowship. Check out her chapter, "Institutional Diversity in Social Coordination Post-disaster."Anne Hobson earned her PhD in Economics from George Mason University and now works in public policy. She is an alum of the Mercatus MA Fellowship. Check out her chapter, "Beyond Relief: Understanding the Cuban Diaspora's Remittance-Sending Behavior."Recommended Works: Robert Wise’s “Learning from Strangers,” Barbara Czarniawska’s “Narratives in Social Science Research,” Jieun Baek’s “North Korea’s Hidden Revolution: How The Information Underground is Transforming a Closed Society,” Tom Gjelten’s “Bacardi and the Long Fight for Cuba,” and “Cuba and the Cameraman.”If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke chats with David Beito on his latest book, The New Deal’s War on the Bill of Rights: The Untold Story of FDR’s Concentration Camps, Censorship, and Mass Surveillance (Independent Institute, 2023). Beito begins by recounting his early interests in classical liberalism, his association with then fellow student, Nancy MacLean, and his work on tax revolts and mutual aid societies. He then discusses FDR’s ideological motivations and his pragmatic approach to politics, critiques FDR’s encroachment on civil rights, including his approval of Japanese concentration camps, and explains the contrast between FDR’s legacy amongst historians and economists.David T. Beito is Emeritus Professor of History at the University of Alabama and a Senior Fellow at the Independent Institute in California. He is the author of five books including From Mutual Aid to the Welfare State: Fraternal Societies and Social Services, 1890-1967 (The University of North Carolina Press, 2000).If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we kickoff the Living Better Together miniseries, featuring select authors of Living Better Together: Social Relations and Economic Governance in the Work of Ostrom and Zelizer (Palgrave Macmillan, 2023) and hosted by its coeditor, Stefanie Haeffele.Joining us today are Bri Wolf and Jayme Lemke. Starting the discussion, they reflect on their path to joining the book project and elaborate on the insights they provide in their chapters. Together, they explore how Ostrom and Zelizer's approaches illuminate the complex relationships between societal norms, family dynamics, and broader social systems, advocating for a multidisciplinary and global perspective on these themes.Bri Wolf is an Assistant Professor of Political Theory at James Madison College at Michigan State University. She is an alum of the Mercatus Adam Smith Fellowship. Learn more about her experience as a fellow here, and check out her chapter, "Bringing the Family Back In: Political Economy and the Family in Liberal Theory."Jayme Lemke is Senior Research Fellow and a Senior Fellow with the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. She is an alum of the Mercatus PhD Fellowship. Check out her chapter, "Polycentric Institutions of Intimacy."Listen to the lecture that started it all, "'Why and How Do Social Relations Matter for Economic Lives?' with Viviana Zelizer"If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Welcome back to the Environmental Economics series, hosted by Jordan Lofthouse. On this episode, Jordan interviews Pablo Paniagua Prieto and Veeshan Rayamajhee on their co-authored work, "Governing the Global Fisheries Commons." On this episode and in their article, they address the challenges of overfishing and the depletion of global fisheries. They critique one-size-fits-all solutions, advocating for an approach that recognizes overfishing as a complex set of interconnected problems across various jurisdictions. Drawing from Elinor Ostrom's insights, they propose combining market-based strategies, such as individual transferable quotas, with government interventions like removing harmful subsidies, and highlight the importance of local knowledge, community participation, and multi-layered solutions to effectively govern the global fisheries commons.Pablo Paniagua Prieto is an economist and engineer from Politecnico di Milano and Professor of Political Economy at Universidad del Desarrollo in Santiago, Chile. Pablo is an alum of the Mercatus Adam Smith Fellowship.Veeshan Rayamajhee is an Assistant Professor of Economics in the Department of Agribusiness and Applied Economics at North Dakota State University and a faculty fellow at the Center for the Study of Public Choice and Private Enterprise. Veeshan is an alum of the Mercatus Adam Smith Fellowship.Check out Jordan Lofthouse's work.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode, we’ll hear a book panel discussion on Lawrence H. White’s book, Better Money: Gold, Fiat, or Bitcoin? (Cambridge University Press, 2023). In his opening remarks, Larry gives an overview of his book which details the history of money, explains how the gold, fiat, and bitcoin standards work, and aims to bridge the gap between the gold standard and cryptocurrency advocates. He covers issues of supply constraints, volatility, inflation, and common misconceptions for each of the standards. Moving forward, he explores potential forms for better monetary standards including non-governmental monetary systems. The panel is moderated by Peter J. Boettke, and they are joined on the panel by:Joshua Hendrickson, Associate Professor of Economics and Chair of the Department of Economics at the University of Mississippi, and author of numerous publications including “The Political Economy of Bitcoin” (Economic Inquiry, 2015)Nicolás Cachanosky, Associate Professor of Economics and Director of the Center for Free Enterprise at The University of Texas at El Paso, Senior Fellow at AIER, Fellow of the UCEMA Friedman-Hayek Center for the Study of a Free Society, and co-author of Austrian Capital Theory: A Modern Survey of the Essentials (2019)David Beckworth, Senior Research Fellow at the Mercatus Center at George Mason University, former international economist at the US Department of the Treasury, and host of the Mercatus Center’s Macro Musings PodcastLawrence H. White is a Professor of Economics at George Mason University and a Distinguished Senior Fellow with the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. Larry has published multiple books including The Clash of Economic Ideas: The Great Policy Debates and Experiments of the Last Hundred Years (Cambridge University Press, 2012).If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, releasing now!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Mikayla Novak interviews author Seth Kaplan on his latest book, Fragile Neighborhoods: Repairing American Society, One Zip Code at a Time. In this book, he addresses the decline in American neighborhoods characterized by rising crime, school violence, family disintegration, addiction, alienation, and despair. Kaplan applies his insights to the American context, emphasizing the importance of relationships and social dynamics in building healthy societies. He advocates for neighborhood-based solutions, highlighting the role of 'community quarterbacks' or social entrepreneurs in organizing local improvements. In this conversation, Kaplan also touches on the impacts of migration, the importance of practical approaches, the characteristics of robust neighborhoods, and emphasizes the need for more intentional community-building efforts to improve societal health and individual well-being.Seth D. Kaplan is a leading expert on fragile states. He is a Professorial Lecturer in the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University, Senior Adviser for the Institute for Integrated Transitions, and consultant to multilateral organizations such as the World Bank, U.S. State Department, U.S. Agency for International Development, and OECD as well as developing country governments and NGOs. Kaplan is a former visiting fellow with the Mercatus Center’s Program on Pluralism and Civil Exchange.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, releasing now!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode, we’ll hear a book panel discussion on Christopher J. Coyne’s book,In Search of Monsters to Destroy: The Folly of American Empire and the Paths to Peace (Independent Institute, 2023). In his comments, Coyne challenges the notion that the US military is necessary for global order, explaining that without the US as the global police force chaos will not overtake the world, and questions the efficacy and morality of a militaristic, top-down approach to global conflict. Coyne breaks down the history of the American empires into three phases: continental expansion, overseas imperialism, and global hegemony, and describes the features of the present-day American empire and the interventionist mindset. He argues that foreign intervention and the effort to export democracy to other nations by illiberal means can only lead to illiberal ends. A liberal empire is ultimately illiberal. He calls for reimagining our understanding of peace as a community-driven process, emphasizing the role of human imagination in peacemaking. The panel is moderated by Stefanie Haeffele, and they are joined on the panel by:William Easterly, Professor of Economics at New York University, Co-director of the NYU Development Research Institute, and author of three books including The White Man’s Burden: Why the West’s Efforts to Aid the Rest Have Done So Much Ill and So Little Good (2006)Ginny Choi, Senior Program Director of Academic & Student Programs, Senior Fellow with the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, Senior Research Fellow at the Mercatus Center at George Mason University, and co-author of Do Markets Corrupt Our Morals? (2019)Alexandre Christoyannopoulos, PGT Programme Leader and a Reader in Politics and International Relations at Loughborough University, and author or co-editor of five books including Tolstoy's Political Thought: Christian Anarcho-Pacifist Iconoclasm Then and Now (2021)Christopher Coyne is associate director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics and F. A. Harper Professor of Economics at the Mercatus Center at George Mason University. He is also a Professor of Economics at George Mason University. If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, releasing now!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Peter Boettke sits down with Bryan Cheang, discussing unveiling liberalism in Southeast Asia. In this conversation, Bryan begins with discourse on the synthesis of different schools of thought in economic growth and development, stressing the importance of considering the relationship between cultural differences, classical liberalism, and economic development. He points out that in Asia, many countries adopted capitalist practices but remained authoritarian, challenging the notion that capitalism and freedom always go hand in hand. Bryan also argues for a broadening of methodological approaches in economics to include cultural and historical contexts of individuals.Bryan Cheang is the Assistant Director of the Centre for the Study of Governance & Society. He received his PhD and MA in Political Economy from King’s College London and is a graduate of the National University of Singapore. He has authored three books including Economic Liberalism and the Developmental State: Hong Kong and Singapore’s Post-war Development (Palgrave Macmillan, 2023), Liberalism Unveiled: Forging A New Third Way In Singapore (coauthored with Donovan Choy, World Scientific, 2021) and Free Market Humanitarianism (Ally Press, 2019). Bryan is an alum of the Mercatus Adam Smith Fellowship.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode, we’ll hear a book panel discussion on David Schmidtz’s book, Living Together: Inventing Moral Science (Oxford University Press, 2023). In his comments, Schmidtz discusses his academic journey and the reshaping of his philosophical views, emphasizing real-world observations over theoretical debates, and comments on the work of Adam Smith and David Hume. He stresses the necessary role of humility in sciences and highlights how game theory has challenged the pre-existing theoretical frameworks of human behavior, underscoring the limitations of theories in explaining complex, human interactions. The panel is moderated by Peter J. Boettke, and they are joined on the panel by:Ryan Muldoon, Associate Professor of Philosophy, Director of Undergraduate Studies in the Department of Philosophy, and the Director of the Philosophy, Political Science, and Economics Program at the University at Buffalo, and author of Social Contract Theory for a Diverse World: Beyond ToleranceMargaret Schabas, Canadian Philosopher and Professor of Philosophy and Economics at the University of British Columbia and author of A Philosopher's Economist: Hume and the Rise of CapitalismDavid Schmidtz is the Presidential Chair of Moral Sciences and the Director of the Social Philosophy and Policy Center at West Virginia University. He is a Distinguished Affiliated Fellow with the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics and editor-in-chief of Social Philosophy & Policy.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

We're celebrating 300 years of Adam Smith! On this episode of the Hayek Program Podcast, we'll hear a keynote from the 2023 Markets & Society conference given by Emma Rothschild, the Jeremy and Jane Knowles Professor of History at Harvard University. In this lecture, Emma Rothschild begins by building an understanding of Adam Smith's conception of markets. She reanalyzes Smith's "invisible hand" metaphor, challenging the traditional interpretation and suggesting that it might not primarily refer to markets or economic equilibrium but rather the economics of uncertainty and trust. Emma also discusses Frank Knight, F.A. Hayek, Smith's frustration with the frivolity of markets, the abolition of feudalism, the four bad markets, Smith's hope for the future, and more.This lecture is part of the University of Glasgow’s Smith@300: Celebrating Adam Smith as Scholar, Educator, and Citizen supported by the John Templeton Foundation.The introduction is given by Craig Smith.Read more about Emma Rothschild.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Welcome back to the Environmental Economics series, hosted by Jordan Lofthouse. On this episode, he interviews Bobbi Herzberg on a polycentric approach to solving climate change. Bobbi and Jordan discuss the importance and meaning of "polycentricity", how we can vote with our feet, major themes from public choice, Elinor Ostrom's work on climate change, and the six advantages that polycentric systems have for coping with climate change: (1) competition among decision makers, (2) cooperation among decision makers, (3) perceptions of legitimacy that lead to coproduction, (4) mutual learning through experimentation, (5) institutional resilience/robustness, and (6) emergent outcomes that are socially desirable but not centrally planned.Bobbi Herzberg is a Distinguished Senior Fellow for the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics and a Senior Research Fellow. Previously, she served as assistant director of individual freedom & free markets at the John Templeton Foundation, as administrative director of The Institute of Political Economy, and as president of the Public Choice Society from 2014-2016.Check out Jordan Lofthouse's work.Referenced Works: Jordan and Bobbi's "The Continuing Case for a Polycentric Approach for Coping with Climate Change", Elinor Ostrom's "A Polycentric Approach for Coping with Climate Change"If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

This week, Peter Boettke interviews Jennifer Burns, author of Milton Friedman: The Last Conservative. Milton Friedman achieved tremendous sucess as an economist including being a John Bates Clark Medal winner, a Nobel Prize winner, and the president of the American Economic Association (AEA). In this episode, they discuss Friedman's time at Columbia University, the origin of his economic theory, the influence of Frank Knight, Friedman's female coauthors including Anna Schwartz and Rose Friedman, Friedman's association to conservatism, and more.Jennifer Burns is an Associate Professor of History at Stanford University and a Research Fellow at Stanford's Hoover Institution on War, Revolution, and Peace. She is the author of Milton Friedman: The Last Conservative (November, 2023) and Goddess of the Market: Ayn Rand and the American Right (2009). An expert on this history of conservative ideas and politics, she has written for The NewYork Times, The Financial Times, Bloomberg, and Dissent, and has discussed her work on The Daily Show, The Colbert Report, and elsewhere.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

This episode of the Hayek Program Podcast is a special crossover episode from Virtual Sentiments, S1E9, with a special introduction by Jayme Lemke to celebrate the start of Season 2! Go check out S2E1 of Virtual Sentiments featuring Christopher Coyne today!On this, the last episode of Season 1 of Virtual Sentiments, Kristen Collins interviews Eileen Hunt, a Professor and Political Theorist at the University of Notre Dame, on Mary Shelley and the Ethics of AI. Hunt begins by providing historical context of Mary Shelley regarding her parents and Shelley as a child of the Enlightenment. Hunt explains the interdisciplinary nature of Mary Shelley’s work, rooted in a Grecian philosophical past and concerned with future-oriented questions about the rights of human beings, tying in Mary Shelley’s famous Gothic novel, Frankenstein, to modern considerations of the ethics and rights of artificial life. She encourages us to think of ourselves as artificial, technological creatures and to contemplate the rights of all artificial creatures, including humans and other forms of artificial intelligence. Additionally, Hunt discusses issues of genetic engineering, humanity as a built environment, Jeremy Bentham and reproductive justice.Read more about Eileen Hunt.Read more work from Kristen Collins.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Continuing our series on Enviromental Economics, host Jordan Lofthouse chats with Katie Wright about sustainability, extensive and intensive margins, intellectual humility in statistical analysis, how her experience in Mercatus fellowships has aided her research, the nature of the water scarcity problem in the Western United States, and more.Katherine (Katie) Wright is a research fellow at the Property and Environment Research Center (PERC). She is an expert on water policy and her current work includes exploration of solutions to western water scarcity. Katie is an alum of the Mercatus Oskar Morgenstern Fellowship.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode, we’ll hear a book panel discussion on Randall Holcombe’s book, Following Their Leaders: Political Preferences and Public Policy (Cambridge University Press, 2023). In it, Holcombe examines how expressive voting preferences are determined and how we tend to adopt the preferences of the political elite. The panel is moderated by Christopher J. Coyne, and they are joined on the panel by:Roger D. Congleton, Truist Professor of Economics at West Virginia University Bobbi Herzberg, Distinguished Senior Fellow for the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics and a Senior Research FellowMichael C. Munger, Professor of Political Science, and Director of the PPE Certificate Program at Duke UniversityRandall G. Holcombe is the DeVoe Moore Professor of Economics at Florida State University.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Welcome to our new series, Environmental Economics, hosted by Jordan Lofthouse!Jordan Lofthouse sits down with Megan Jenkins to talk about endangered species, Prairie dogs in cemeteries, issues of incentive alignment, the rise of private conservation, the willing buyer and willing seller approach, and more.Megan E. Jenkins is the Senior Director of Research at the Center for Growth and Opportunity where she manages the Center’s portfolio of policy-relevant research while ensuring student fellows receive quality mentorship and hands-on research experience. Megan is an alum of the Mercatus Frédéric Bastiat Fellowship. To learn more about her work at CGO.Learn more about the Center for Growth and Opportunity's fellowships.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode, we complete our three-part miniseries on Civil Society, hosted by Mikayla Novak who explores civil society, encompassing the practical nature of voluntary mutual assistance outside but entangled with the domains of market and state, the theoretical dimensions of civil society, and the intersection of classical liberalism and civil society.Joining Novak for this episode is Paul Dragos Aligica, discussing the impact of growing up in communist Romania, the importance of human freedom, the "third sector" or voluntary and nonprofit sectors, the variety of institutional organizational forms associated to civil society, Ostromian polycentricity, checking central power, and more.Paul Dragos Aligica is a senior research fellow and senior fellow at the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. Learn more about his work. If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Rosolino Candela interviews Peter Boettke on his most recent book, The Road to Socialism and Back: An Economic History of Poland, 1939-2019, coauthored with Konstantin Zhukov and Matthew Mitchell.Pete and Rosolino dive into the world of scarcity and limited information, discussing the road to socialism and back. What does socialism lead to? What is necessary for countries to transition from poverty to wealth? Why did Poland do better than its neighbors? Have we overcome poverty today?They answer these questions and more and discuss the transitional gains trap, factors of recovery such as overcoming the pathology of privilege, shock therapy vs. gradualism and the issues with simultaneity, and the importance of critical people at critical times.Peter Boettke is Vice President for Advanced Study, Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, as well as the BB&T Professor for the Study of Capitalism at the Mercatus Center at George Mason University, and a Professor of Economics and Philosophy at George Mason University.*Recorded on August 17, 2023.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this special crossover episode, Ideas of India podcast host, Shruti Rajagopalan, interviews Peter Boettke on Austrian economics and the knowledge problem. In this, the second half of their conversation, Boettke speaks on the feasibility of technosocialism, why artificial intelligence will not solve the knowledge problem, what many economists throughout history misunderstood about the market process, mainline vs. mainstream economics and more.If you liked this two-part series with Shruti Rajagopalan, go check out the Ideas of India Podcast!Shruti Rajagopalan is a Senior Research Fellow at the Mercatus Center, a Fellow at the Classical Liberal Institute at New York University School of Law, and host of the Ideas of India Podcast. Previously, she was an Associate Professors of Economics at Purchase College, State University of New York.Learn more about Shruti Rajagopalan's work here.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this special crossover episode, Ideas of India podcast host, Shruti Rajagopalan, interviews Peter Boettke on Austrian economics and the knowledge problem. In this, the first half of their conversation, Boettke speaks on the writings of FA Hayek, the knowledge problem, calculation versus coordination, markets and institutions, the marginalists, issues of perfect competition, and much more!Check back on August 9th for the second part of this conversation or check out the Ideas of India Podcast to get early access to the full episode!Shruti Rajagopalan is a Senior Research Fellow at the Mercatus Center, a Fellow at the Classical Liberal Institute at New York University School of Law, and host of the Ideas of India Podcast. Previously, she was an Associate Professors of Economics at Purchase College, State University of New York.Learn more about Shruti Rajagopalan's work here.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

*We've improved this audio!* Due to the style and age of recording for this particular event, some audio quality issues may still persist. We apologize for any inconvenience this may cause.On this episode of the Hayek Program Podcast, we revisit a 2010 event where Professor Emeritus of Economics at George Mason University and Nobel Laureate James M. Buchanan was presented with the Lifetime Achievement Award from the Fund for the Study of Spontaneous Orders at the Atlas Economic Research Foundation.This event was co-hosted by the Fund for the Study of Spontaneous Orders at the Atlas Economic Research Foundation, Liberty Fund, the George Mason University Economics Department, and the Mercatus Center at George Mason University, and took place at George Mason University’s Fairfax campus.The panel discussion of Buchanan’s work was led by the Dean Emeritus of the GMU Law School, Henry Manne, who was joined by:Amartya K. Sen, Nobel Prize winner in Economic Sciences, 1998, Thomas W. Lamont University Professor and Professor of Economics and Philosophy at Harvard UniversityElinor Ostrom, Nobel Prize winner in Economic Sciences, 2009, Arthur F. Bentley Professor of Political Science, Indiana UniversityJames M. Buchanan, Nobel Prize winner in Economic Sciences, 1986, Professor Emeritus of Economics, George Mason UniversityAlan G. Merten, Former President of George Mason UniversityDaniel Houser, Professor of Economics, George Mason UniversityChris Talley, Former President & CEO of Liberty Fund (now the chairman of the board of trustees for the Winchester Foundation)If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we revisit a keynote lecture given by Israel Kirzner on the revival of Austrian economics. In 2014, the Mercatus F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics hosted a keynote speech and panel discussion by some of Friedrich Hayek’s most prominent colleagues and interlocutors to reflect on the significance of Hayek’s Nobel Prize and the various strands of influence his work has had in subsequent decades of scholarship. In this installment of the series, Distinguished New York University Professor Emeritus Israel M. Kirzner delivers the keynote address on the revival of Austrian economics, focusing specifically on the history of Austrian economics and how Hayek's Nobel Prize paved the way for this revival.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue our three-part miniseries on Civil Society, hosted by Mikayla Novak who explores civil society, encompassing the practical nature of voluntary mutual assistance outside but entangled with the domains of market and state, the theoretical dimensions of civil society, and the intersection of classical liberalism and civil society.Joining Novak for this episode is Lenore Ealy, vice-rector internacional at Universidad Francisco Marroquín in Guatemala, discussing the history of philanthropy and social design. Ealy begins by describing her work with Richard Cornuelle, sparking Ealy’s early interest in understanding philanthropy, the history of civil society, and liberal individualism. She examines the role of government involvement in nonprofit organizations, learned helplessness, and the problems afflicting philanthropy. She elaborates on our inability to successfully construct an organized social design, referring to the work of Vincent and Elinor Ostrom. Novak and Ealy also discuss ideas of self-scoring poverty, whether humans have a natural desire for freedom, and the meaning of “civil society.”Lenore Ealy is vice-rector internacional at Universidad Francisco Marroquín in Guatemala, founding president of The Philanthropic Enterprise, and co-editor of numerous books including the book series, Polycentricity: Studies in Institutional Diversity and Voluntary Governance. Ealy holds a PhD in the history of moral and political thought from John Hopkins University.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Stefanie Haeffele interviews Erwin Dekker and Valeria Morea on their new book, Realizing the Values of Art: Making Space for Cultural Civil Society. Dekker and Morea discuss their concept of cultural civil society, how art is practiced in creative circles and co-creative communities. They consider the environment from which prominent art movements emerged in the modern day, highlighting case-studies on hip hop, festivals, and a queer museum, and analyze the role of public policy in the worlds of art and equality.Erwin Dekker is a Senior Fellow with the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics and a Senior Research Fellow at the Mercatus Center at George Mason University. To learn more about Erwin DekkerValeria Morea is a Lecturer and Researcher in the Erasmus School of History, Culture & Communication at the Erasmus University Rotterdam and a James Buchanan Fellow at the Mercatus Center. To learn more about Valeria MoreaStefanie Haeffele is a Senior Research Fellow, Senior Program and Operations Director for the F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. To learn more about Stefanie HaeffeleIf you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we begin our three-part miniseries on Civil Society, hosted by Mikayla Novak who explores civil society, encompassing the practical nature of voluntary mutual assistance outside but entangled with the domains of market and state, the theoretical dimensions of civil society, and the intersection of classical liberalism and civil society. Joining Novak for this episode is Leah Kral, Senior Director of Strategy and Innovation at the Mercatus Center and author of her book, “Innovation for Social Change: How Wildly Successful Nonprofits Inspire and Deliver Results,” discussing what makes a nonprofit organization successful. Kral begins by detailing her journey through Jamaica which sparked her interest in public policy and, eventually, nonprofit management. She considers the impact of mainline economics and classical liberalism on her work, and explains key factors for nonprofit success including principles of teamwork, incentives for innovation in nonprofits, the role of persuasion, and the importance of remembering one’s mission. As part of the conversation, Kral and Novak explore the meaning of “civil society.”To learn more about Leah Kral and her book, “Innovation for Social Change: How Wildly Successful Nonprofits Inspire and Deliver Results.” If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we’ll hear a book panel discussion on The Legacy of Richard E. Wagner, an edited volume recently published by the Mercatus Center at George Mason University. The panel is moderated by Peter Boettke and features Richard E. Wagner, reflecting on his career, his notion of entangled political economy, and future work still left to be done. They are joined on the panel by:Diana Thomas, Associate Professor of Economics and Director of the Institute for Economic Inquiry at the Heider College of Business at Creighton University, on "Emergence, Process, and the Asymmetries of Regulation: Wagnerian Political Economy"Adam Martin, Political Economy Research Fellow at the Free Market Institute and an Associate Professor of Agricultural and Applied Economics in the Gordon W. Davis College of Agricultural Sciences & Natural Resources at Texas Tech University, on "Expressive Entrepreneurship"Randall Holcombe, DeVoe Moore Professor of Economics at Florida State University, on "Untangling Political Economy"If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke interviews Federica Carugati, on reframing modern political economy. Carugati begins by sharing how she began her study of political economy and explains her work on premodern case studies, detailing which factors to consider when selecting premodern societies to apply to the modern day, including elements of size, homogeneity, and exclusion. Boettke and Carugati discuss the process of institution formation and the importance of creative and adaptive solutions. Later, they discuss how we ought to reconstruct the political economy and social science lenses, creating a space for a broader notion of theory and a richer theory of empirical research. Carugati emphasizes the need to build models where we can consider the complexity of human behavior, social norms, values, etc. They end their conversation with considerations of neoliberalism, governance by consent, and lessons on the importance of discipline and passion.Carugati is a lecturer in history and political economy at King’s College in London and author of A Moral Political Economy: Present, Past and Future and Creating a Constitution: Law, Democracy and Growth in Ancient Athens. Learn more about Carugati.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we'll hear a keynote from the 2022 Markets & Society conference given by Mario Rizzo, a Distinguished Affiliated Fellow with the Hayek Program and Professor of Economics at New York University. In his keynote, Rizzo makes the case for noted psychologist William James as a classic example of anti-paternalism. He provides examples of James's anti-paternalism and examines the underlying factors which influenced his views. Rizzo also makes the case for why classical liberals should consider the work of William James as opposed to the modern influence of behavioralism in public policy.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Read more of Rizzo's work here.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we'll hear a keynote from the 2022 Markets & Society conference given by Viviana A. Zelizer, the Lloyd Cotsen ’50 Professor of Sociology at Princeton University. In her lecture, Zelizer discusses the social developments concerning the world of money during the COVID-19 pandemic. She begins by identifying three pandemic-era, money puzzles: the surge in donated money, the resilience of remittance money, and the gender of household money. Zelizer uses her pandemic-inspired insights to make a case for the power of sociological answers to these puzzles, focusing on money’s multiple meanings rather than its multiple material forms.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Learn about Zelizer here. To read more about her work, check out our newly released edited volume, “Living Better Together: Social Relations and Economic Governance in the Work of Ostrom and Zelizer”, here.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we finish our miniseries on ordoliberalism in the modern day, hosted by Erwin Dekker. Joining Dekker for this episode is Karen Horn as they consider the ordoliberal thinkers, Walter Eucken and Wilhelm Röpke, as well as their philosophical backgrounds. Horn elaborates on how Eucken and Röpke shaped ordoliberal thought and explains how the concept of the "good life" influenced their thinking. Later in the podcast, Horn discusses her time in economic journalism and how it has informed her research over the years.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.To read more of Horn's work, visit her website here.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we'll hear a book panel discussion of Karen Vaughn's book, Essays on Austrian Economics and Political Economy. In it, Vaughn takes us through her intellectual journey and career. She conducts various explorations of ideas from her career, including wrestling with the concept of equilibrium through the lenses of Kirzner and Lachmann and building upon Hayek's work by applying systems theory to economics, as well as considering the future of Austrian economics. The panel is moderated by Peter Boettke, and they are joined on the panel by:Jayme Lemke, Senior Fellow with the F.A. Hayek ProgramBruce Caldwell, Director of the Center for the History of Political Economy & Distinguished Affiliated Fellow with the F.A. Hayek ProgramViktor Vanberg, Professor Emeritus at Freiburg University & Senior Fellow with the Walter Eucken InstitutIf you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts. Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Emily Chamlee-Wright continue their discussion of liberalism by focusing on the modern challenges facing liberal society. Boettke discusses what he views as the greatest missed opportunity for liberals in the 20th century and elaborates on what he views as the difference between an indicting liberal position and an instructive liberal position. Chamlee-Wright, in turn, offers up her thoughts on how an expansive view of liberalism helps us make better human connections and trust each other more as dignified equals. Additionally, Chamlee-Wright shares her thoughts on why she maintains an optimistic view for the success of the liberal project in the 21st century.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.To read Chamlee-Wright's piece at Profectus click here.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Emily Chamlee-Wright engage in a fruitful discussion of liberalism in its various tenets. In early 2022, Chamlee-Wright penned a piece in Profectus entitled, "The Four Corners of Liberalism: Mapping Out a Common Ground," in which she charts the different types of liberalism with an eye toward respect for all its adherents. Boettke & Chamlee-Wright discuss her framework, including her inspiration for the project, what the four corners entail, and how they can exist in tension with each other without eliminating any one corner. Additionally, they stress the need for an underlying appreciation of markets, which Chamlee-Wright describes as a "learning system" for people.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.To read Chamlee-Wright's piece at Profectus click here.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue a miniseries on ordoliberalism in the modern day, hosted by Erwin Dekker. Joining Dekker for this episode is Malte Dold as they examine some distinctives of ordoliberalism, particularly on the nature of individuality and citizen sovereignty. Dekker and Dold also discuss the ordoliberal contrast with James Buchanan's work, and Dold explains why he views ordoliberalism as a school of political economy rather than simply a school of economic thought. Additionally, we'll hear how ordoliberalism plays out in the modern world and the value that it brings to analyzing groups such as the European Union.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.To read more of Dold's work on ordoliberalism, find his book here.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we listen to a book panel discussion of Mark Koyama and Jared Rubin's book, How the World Became Rich, in which they dive into the many theories of why modern economic growth happened when and where it did. They tackle recently advanced theories rooted in geography, politics, culture, demography, and colonialism as they show that the past can provide a guide for how countries can escape poverty. Peter Boettke moderates as they are joined on the panel by commentators:Lisa Blaydes, Professor of Political Science at Stanford UniversityNathan Nunn, Frederic E. Abbe Professor of Economics at Harvard UniversityJoel Mokyr, Robert H. Strotz Professor at Northwestern UniversityIf you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.The Hayek Program Podcast now has merchandise available! Visit our merch store and use promo code "hayek" to take 10% off your order.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Chris Coyne discuss Coyne's latest book, In Search of Monsters to Destroy. After 9/11, the United States tried to establish liberal political regimes in the Middle East and in the mountains of Afghanistan—but the effort, according to Coyne, was doomed to fail as illiberal means can lead only to illiberal ends. Boettke & Coyne discuss the ways in which these illiberal means have failed to produce a liberal empire and examine whether interventionist methods ever have a place in foreign policy. Additionally, Coyne reveals his picks for those who have best upheld liberal traditions in foreign policy as well as those who ultimately disappointed in their interventionist views.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.The Hayek Program Podcast now has merchandise available! Visit our merch store and use promo code "hayek" to take 10% off your order.More books from Chris Coyne and Abigail R. Hall are available, such as Tyranny Comes Home and Manufacturing Militarism.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we begin a miniseries on ordoliberalism in the modern day, hosted by Erwin Dekker. Joining Dekker for this episode is Stefan Kolev as they discuss what ordoliberalism is and why it maintains relevancy for the modern day. Additionally, they examine the historical progression of ordoliberalism through the years and tackle how it compares to other schools of economic thought in its contemporary orbit. Kolev also gives his thoughts on a continuing research program for ordoliberalism and its followers.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.The Hayek Program Podcast now has merchandise available! Visit our merch store and use promo code "hayek" to take 10% off your order.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Ben Powell tackle the ever-present question of what goes into a successful path through graduate school. Powell begins by explaining how he got interested in free-market ideas, and how a book giveaway at a conference cemented his desire to study economics. Additionally, the pair discusses the elements of success in graduate school including program building, dedication to teaching, publishing, and policy research. Later, they dive into some of Powell's research on immigration and socialism as he explains his unique approach to inquiry.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.The Hayek Program Podcast now has merchandise available! Visit our merch store and use promo code "hayek" to take 10% off your order.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Don Boudreaux & Rosolino Candela discuss the resurgence of intellectual interest in antitrust policy across the United States. They begin by recounting the history of antitrust policy in the US, beginning with the meatpacking industry in the 1880s and continuing to the modern day. Additionally, they consider the continuing relevance of the "structure-conduct-performance" paradigm and its hold on the contemporary debates surrounding monopoly power and antitrust policy. Later in the conversation, Rosolino and Don examine growing concerns over market concentration in platform economies. Finally, they include an analysis of the major contributions to antitrust policy and how they compare to the Austrian take.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to the podcast or maybe a show topic you'd like to suggest? Write to us at [email protected] with your questions and suggestions.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Scott Beaulier discuss the topic of academic entrepreneurship as Scott shares experiences from his career in colleges and univerisities across the globe. Scott's humble beginnings in northern Michigan intially had him convinced he was heading towards a career as a McDonalds manager, until an economics class with David Prychitko awakened a desire for higher education within him. Scott describes his journey through the world of academia and the lessons he's learned along the way. Additionally, the pair recall Scott's time researching the economies of the Czech Republic and Botswana and the insights drawn from this research.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to the podcast or maybe a show topic you'd like to suggest? Write to us at [email protected] with your questions and suggestions.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Adam Martin share a conversation on Martin's work in the field of Austrian economics and applied political economy. Martin first shares how he first became interested in economics at the University of Dallas before moving on to King's College London and New York University. Later, he shares his concept of "degenerate cosmopolitanism" and how it relates to current discussions surrounding egalitarianism. We'll also hear how his own research in Austrian economics has shaped his thinking in recent times and why he recommends that every economist looks to Charles Jones for a primer on the facts of economic growth.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to the podcast or maybe a show topic you'd like to suggest? Write to us at [email protected] with your questions and suggestions.Read more of Dr. Martin's work here.Find the Jones piece here.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we revisit a conversation from the Hayek Program Podcast with Peter Boettke & Bobbi Herzberg as they recount their histories with Elinor Ostrom. They explore Herzberg's time learning from and working with the Ostroms. Herzberg explains how the Ostroms shaped her conception of political economy and demonstrated to her how to be intellectually curious and a lifelong learner. Herzberg also recounts her time as department chair, including the lessons she learned in balancing research and leadership in academia.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to the podcast or maybe a show topic you'd like to suggest? Write to us at [email protected] with your questions and suggestions.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we'll listen to an archived episode, featuring Israel Kirzner, discussing his career as an Austrian economist. Kirzner shares how he started his studies from an accounting focus, having never heard of Austrian economics, until a chance class with Ludwig von Mises changed the course of his career. He goes on to explore the process by which Austrian economics has developed over the years and explains the one insight from Mises it took him 10 years to fully understand. Join us for this exciting trip down memory lane as we hear from one of the key thinkers in Austrian economics!If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to the podcast or maybe a show topic you'd like to suggest? Write to us at [email protected] with your questions and suggestions.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we'll hear a book panel discussion of Erwin Dekker's book, Jan Tinbergen (1903-1994) and the Rise of Economic Expertise. In it, Dekker argues that Tinbergen's crucial contribution is the theory of economic policy and the legitimation of economic expertise in service of the state. It traces his youthful socialist ideals which found political direction in the Plan-socialist movement of the 1930s for which he developed new economic models to combat the Great Depression. The book then turns to an examination of his attempt to repeat this achievement in the development projects in the Global South and at the international level for the United Nations. Peter Boettke moderates the book panel, with contributions from panelists: Sandra Peart, Dean of the Jepson School of Leadership Studies at the University of RichmondMichele Alacevich, Associate Professor of Economic History and the History of Economic Thought at Bologna UniversityIf you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to the podcast or maybe a show topic you'd like to suggest? Write to us at [email protected] with your questions and suggestions.Learn more about Dekker's work here.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we conclude our summer series of the podcast on Liberalism for All, hosted by Jayme Lemke as she explores the underpinnings and outworkings of a free and open society. Driving the discussion is a set of core questions, including:What does it mean to be liberal in the 21st century?What is the relationship between liberalism and equality?Is the pursuit of equality a threat or opportunity for the liberal project?Joining Lemke for this episode is Stefanie Haeffele, Senior Program and Operations Director of Mercatus Academic & Student Programs and Senior Fellow with the F. A. Hayek Program. Lemke and Haeffele begin their conversation by considering how social justice is often thought of in modern terms before examining why Hayek saw a tension between liberalism and the pursuit of social justice. Haeffele then offers her thoughts on the tradeoff between liberty and social justice before moving the conversation to a discussion regarding the analogy of institutional environments as games. Additionally, the pair consider some of the challenges, stemming from political capitalism and biased referees, of looking to public policy to remedy social injustices.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to our summer series on Liberalism for All or maybe a show topic you'd like to suggest? Write to us at [email protected] with your questions and suggestions.Learn more about Haeffele's work here.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: TwisteriumDirt Rhodes by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/3650-dirt-rhodesLicense: https://filmmusic.io/standard-license

On this episode of the Hayek Program Podcast, we continue a special summer series of the podcast on Liberalism for All, hosted by Jayme Lemke as she explores the underpinnings and outworkings of a free and open society. Driving the discussion is a set of core questions, including:What does it mean to be liberal in the 21st century?What is the relationship between liberalism and equality?Is the pursuit of equality a threat or opportunity for the liberal project?Joining Lemke for this episode is Nick Cowen, Senior Lecturer at the University of Lincoln. In Cowen's recent book, Neoliberal Social Justice, he asks which policies can limit arbitrary socio-economic inequalities, a point Lemke examines further as they discuss what makes an inequality arbitrary. Later in the conversation, Cowen expounds upon the idea of property-owning democracy and why it is not as different from welfare state capitalism as some proponents would argue. Additionally, throughout their dialogue, Cowen and Lemke consider whether the quests for equality and freedom stand complementary or in tension with one another.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Learn more about Cowen's work from the following articles:Hayek versus Trump: The Radical Right’s Road to Serfdom Basic Economic Liberties: John Rawls and Adam Smith ReconciledCapital, Ideology, and the Liberal OrderThe mirage of mark-to-market: distributive justice and alternatives to capital taxationNeoliberal Social Justice and TaxationFollow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: TwisteriumDirt Rhodes by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/3650-dirt-rhodesLicense: https://filmmusic.io/standard-license

On this episode of the Hayek Program Podcast, we continue a special summer series of the podcast on Liberalism for All, hosted by Jayme Lemke as she explores the underpinnings and outworkings of a free and open society. Driving the discussion is a set of core questions, including:What does it mean to be liberal in the 21st century?What is the relationship between liberalism and equality?Is the pursuit of equality a threat or opportunity for the liberal project?Joining Lemke for this episode is John Meadowcroft, a Reader in Public Policy at King's College London, as they discuss James Buchanan's work on a political economy of equals. Meadowcroft lays out his analysis of "consensual politics" and explains why true moral equality means that "everyone counts for one." He also explains why Buchanan believed the constitutional mentality begins with moral equality and examines Buchanan's proposal for unanimous consent in politics. As they conclude their discussion, Lemke and Meadowcroft consider those disadvantaged by the status quo and discuss what can be done to forward the vision of a society of freely relating moral equals.If you like the show, be sure to leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Learn more about Meadowcroft's work.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: TwisteriumDirt Rhodes by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/3650-dirt-rhodesLicense: https://filmmusic.io/standard-license