Hayek Program Podcast

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 Mikayla Novak, a doctoral candidate in sociology at The Australian National University and former economist with her PhD in economics from RMIT University. Lemke and Novak begin their conversation by asking how liberalism connects to the question of inequality and the extent to which someone with liberal convictions should be concerned about inequality. Building on this, Novak explores how social exclusion and biases contribute to inequality and how she managed to include an analysis of these phenomena in her work. As they conclude, Novak shares what she sees as the greatest opportunities going forward to move towards the vision of a society of freely relating dignified 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 Novak'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

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 Diana Thomas, associate professor of economics at Creighton University and an alum of the Mercatus PhD Fellowship. Thomas begins by detailing what regressive effects are, followed by the manners in which regulations, even those with the best of intentions, tend to create such effects. Additionally, she tackles the issue of public risk reduction strategies, and how these can often end up crowding out private risk reduction strategies. As part of the conversation, Lemke and Thomas both discuss the push for equality, and whether this push is complementary or in tension with the vision of a liberal, free society.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 Thomas'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

On this episode of the Hayek Program Podcast, we begin 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 Audrey Redford, assistant professor of economics at Western Carolina University and an alum of the Adam Smith Fellowship. Redford shares her journey in becoming a political economist before explaining her concept of 'malnovation' in illicit drug markets and how it shapes the efforts of individuals to acquire illicit drugs. They also discuss what low-hanging fruit exists for drug policy reform, and what a more liberal approach to public drug policy would look like. As they close their conversation, Lemke and Redford share broadly what political economy can contribute to shaping free and open institutions.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 Redford'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

On this episode of the Hayek Program Podcast, Peter Boettke & Shruti Rajagopalan tackle several different puzzles in economic development, influenced by Shruti's work on law and economics in India. Rajagopalan shares her insights from her work in studying constitutional political economy in India and shares the most important lesson she has learned about economic development. Additionally, she addresses the biggest challenges she sees to liberalism in the world today and shares her thoughts on the current state of political economy in India.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.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 Chandran Kukathas's book, Immigration and Freedom. Immigration is often seen as a danger to western liberal democracies because it threatens to undermine their fundamental values, most notably freedom and national self-determination. In this book, however, Chandran Kukathas argues that the greater threat comes not from immigration but from immigration control. The discussion is moderated by Stefanie Haeffele, and Kukathas is joined by panelists:Ryan Muldoon — Director of Undergraduate Studies; Associate Professor of Philosophy, University at BuffaloLiza Schuster — Reader in Sociology, City Univeristy of LondonBas van der Vossen — Associate Professor of Philosophy; Director, Law and the Liberal Arts Minor, Chapman University

On this episode of the Hayek Program Podcast, Jordan Lofthouse and Dan Shahar discuss Shahar's latest book, Why It's Ok to Eat Meat. Many people say that eating meat is morally wrong and we shouldn’t eat it. This book pushes back against the many arguments that eating meat is immoral or unethical in a respectful and engaging manner. Shahar argues that the appropriate response to the fact that many of the things we consume, like meat, are associated with problems is “to devote ourselves to action—for most of us, far more action than we’re accustomed to taking."

In this episode of the Hayek Program Podcast, we'll hear part two of a conversation between Peter Boettke & Rosolino Candela on the science and art of economics. Candela expands upon his vision of property rights and makes his case for why property rights are fundamentally human rights. Additionally, the pair discuss the intellectual direction taken by the mainstream of the economics profession, and Candela offers his take on why challenges to liberalism persist in the modern day.

In this episode of the Hayek Program Podcast, we'll hear part one of a conversation between Peter Boettke & Rosolino Candela on the science and art of economics. Candela draws on his experience from growing up in an immigrant family to discuss how it shaped his views on cultural integration in economics. He goes on to explore why he believes commerce creates peaceful, social interaction and how New York's cosmopolitan nature reinforced this view in his youth.

On this episode of the Hayek Program Podcast, Peter Boettke and Daniel Smith answer audience questions about their book, Money and the Rule of Law. Boettke and Smith address the issue of special interest groups in the formation of monetary policy and offer their thoughts on the possibility of a resurgence of interest in Austrian macroeconomics as they work through the questions. Listen in to see if your question was answered!

On this episode of the Hayek Program Podcast, Peter Boettke & Caleb Fuller embark on a tour of the many fallacies in economics as they discuss Fuller's latest book, "No Free Lunch: Six Economic Lies You've Been Taught And Probably Believe." Through an engaging conversation, Boettke & Fuller share how economics is about people, how they pursue their dreams, and what hinders them along the way. They address the ways in which economics is commonly misused in popular culture and offer a lens through which to view economic challenges in light of their impact on the whole of human society. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we'll hear a book panel discussion of "Manufacturing Militarism: U.S. Government Propaganda in the War on Terror," written by Christopher J. Coyne & Abigail R. Hall. Applying a political-economic approach to the incentives created by a democratic system with a massive national security state, Coyne and Hall delve into case studies from the War on Terror to show how propaganda operates in a democracy. Peter Boettke moderates the panel, which is joined by two commentators — Randall G. Holcombe, DeVoe Moore Professor of Economics at Florida State University, and Risa Brooks, Allis Chalmers Associate Professor of Political Science at Marquette University.

On this episode of the Hayek Program Podcast, we'll hear part two of Peter Boettke's interview with David Levy and Sandra Peart on their latest book, "Towards an Economics of Natural Equals." As they conclude their interview, Levy and Peart discuss the issue of replication in archival research and how their scholarship is disciplined to avoid the pitfalls associated with it. They also address whether or not we can judge those in the past by normative standards we adopt today, rather than by what they were working with in their own time, and they consider how responsible a scholar is for the use of their ideas once they produce them. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we'll hear part one of Peter Boettke's interview with David Levy and Sandra Peart on their latest book, "Towards an Economics of Natural Equals." In it, Levy and Peart engage with how the Virginia School's economics of natural equals makes consent critical for policy. The trio addresses the lasting legacy of the Virginia School of Political Economy, asking how economics can recover its political economy roots and prioritize the discussion that makes intelligence in democratic action possible. In addition, they investigate the two ways of doing economics described by James Buchanan and examine the influence of Frank Knight on the Virginia School. CC Music: Twisterium.

On this episode of the Hayek Program Podcast, we'll listen in on an exciting book panel discussion of "Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy." Written by Mario Rizzo (Associate Professor of Economics at New York Univeristy) and Glen Whitman (Professor of Economics at California State University, Northridge), the book challenges behavioral paternalism on multiple levels, from the abstract and conceptual to the pragmatic and applied. Peter Boettke moderates the panel as Rizzo and Whitman are joined by two panelists — Sandra Peart, Dean of the Jepson School of Leadership Studies at Richmond University, and Bart Wilson, the Donald P. Kennedy Endowed Chair in Economics and Law at Chapman University.

On this episode of the Hayek Program Podcast, Peter Boettke interviews Patrick Newman on his latest book, "Cronyism: Liberty versus Power in Early America, 1607–1849." As part of the conversation, Boettke and Newman discuss the perennial clash between the forces of liberty and power as part of the evolution of American cronyism. Additionally, Newman elaborates on his use of a Rothbardian framework to distinguish between liberty and power and offers his take on why, despite the cronyism, the US economy experienced such substantial economic growth. CC Music: Twisterium

In this episode of the Hayek Program Podcast, we are joined by Rosemarie Fike, Stefanie Haeffele, and Jayme Lemke as they tackle the fundamental question of what economic freedom looks like for women across the globe. The trio discusses a range of contemporary issues — such as the gender wage gap, women's property rights, and changing social views on labor — while stressing the importance of the economic framework in analyzing them. We'll also hear how the experience of women in informal institutions can help enrich the various disciplines of social sciences, and how the tension between informal norms and formal rules has affected the evolution of women's rights. CC Music: Twisterium

Countless dollars of art are stolen or looted every year, yet governments often consider art theft a luxury problem. With limited public law enforcement, what prevents thieves, looters, and organized criminal gangs from flooding the market with stolen art? On this episode of the Hayek Program Podcast, Peter Boettke and Anja Shortland explore this question and many others as they discuss volume one of Shortland's "Lost Art: The Art Loss Register Casebook." As part of the conversation, we'll also hear how Shortland's career in studying illicit markets has developed and how private governance institutions arise when public governance measures fall short. CC Music: Twisterium

*Audio Notice*: Due to the nature of this recording, listeners may find the audio quality reduced for this episode. On this episode of the Hayek Program Podcast, we continue a series on topics in economic sociology hosted by Peter Boettke. He is joined in this episode by Richard Wagner as they discuss the work of Vilfredo Pareto and his contributions to the field of economics, centered on Pareto's conception of economic vs. social equilibrium. Additionally, Boettke & Wagner detail the successful elements of theoretical constructions and the usefulness of different analytical tools for economic reasoning. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue a series of lectures on topics in economic sociology hosted by Peter Boettke. He is joined in this episode by Bobbi Herzberg as they explore her 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. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue a series on topics in economic sociology hosted by Peter Boettke. He is joined in this episode by Jordan Lofthouse as they discuss his research into the institutions of Native American reservations. Jordan also explains his academic background in geography and how a paper by James Buchanan ultimately sparked a change in his views on political economy. Additionally, the pair discuss the challenges of doing fieldwork in economics, the explanatory power of fieldwork, and how individuals can effectively communicate their findings in academic contexts. CC Music: Twisterium

Constrained discretion is held up as the reigning paradigm for central banks. But no matter how smart or well-intentioned central bankers are, discretionary policy contains information and incentive problems that make macroeconomic stability systematically unlikely. On this episode of the Hayek Program Podcast, we'll hear a book panel discussion on "Money and the Rule of Law," written by Peter Boettke, Alexander Salter, and Daniel Smith. Salter presents the book's main argument for general, predictable rules to provide a sturdier foundation for economic growth and prosperity. He is joined on the panel by David Beckworth, Lawrence White, and Daniel Smith. The panel is moderated by Peter Boettke.

Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? On this episode of the Hayek Program Podcast, Scott Sumner and Lawrence White engage with this question as part of a broader discussion of Sumner's new book, "The Money Illusion: Market Monetarism, the Great Recession, and the Future of Monetary Policy." As part of the discussion, Sumner and White address the 2008 crisis in the context of fundamental questions regarding what type of monetary framework provides the best environment for a flourishing market economy. The pair address the use of tools such as nominal GDP targeting to foster this enviornment and consider the school of thought known as "market monetarism," for which Sumner is a leading advocate. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue a series on topics in economic sociology hosted by Peter Boettke. He is joined in this episode by Kristen Collins as they discuss her research at the intersection of intellectual history and democratic theory. As the pair unpacks the theme of "being seen" in a democratic society, they examine how this project takes shape in the work of thinkers from the Enlightenment. They also develop the theme in light of modern shifts in technology as well as social and political developments during the COVID pandemic. In closing, Kristen offers advice on how to integrate research from both economic and political theory perspectives. CC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke and Richard Ebeling discuss the emergent threats to today's liberal order and what can be done to foster a spirit conducive to liberty, both subjects of Ebeling's book, "For a New Liberalism." Along the way, the pair recall the work of previous scholars, such as Lionel Robbins and Wilhelm Roepke, as masters of economics and advocates for the humaneness and value of a free and open society. They also address the coevolution of liberal political and economic orders, particularly highlighting the role of free trade. CC Music: Twisterium

On this episode of the Hayek Program Podcast, Richard Ebeling joins Peter Boettke to discuss his work on the lost papers of Ludwig von Mises. Ebeling recounts the history of Mises's escape from the Nazi expansion into Europe, the confiscation of his papers, and how Ebeling's later discovery of the papers in Russia led to the creation of the three volume series, "The Selected Works of Ludwig von Mises." Additionally, Boettke and Ebeling discuss the continuing relevance of Mises's critiques of socialism and how the work of Eugen von Böhm-Bawerk shaped his thinking. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue a series on topics in economic sociology hosted by Peter Boettke. He is joined in this episode by Erwin Dekker as they discuss the unique ways in which the study of both art and economics overlaps to provide insight into current and historic social tensions. They also discuss how incentives prioritize distinctiveness in the art world, and Erwin explains his research in bringing a socioeconomic perspective to the artistic realm. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue a series on topics in economic sociology hosted by Peter Boettke. He is joined in this episode by Arielle John, who first discusses how her upbringing in Trinidad & Tobago influenced her decision to study economics. Later she elaborates on her work examining the relationship between culture and entrepreneurship and relays what advice she would give to a young scholar as someone with a broad spectrum of experience in academia. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue a series on topics in economic sociology hosted by Peter Boettke. He is joined in this episode by Ginny Choi as they explore contemporary issues in experimental economics, including the role of randomized control trials and the factors an economist must consider when designing experiments to address socioeconomic questions. Additionally, they discuss the role of the market as a social space and how it overlaps with issues of political economy and social morality. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue a series of lectures on topics in economic sociology, recorded in the fall academic semester of 2020 and hosted by Peter Boettke. He is joined in this episode by Jayme Lemke as they discuss the importance of being a "big-picture" economist rather than a strictly technical one. We'll hear how disconnecting the scientific method from the human element in economics can be counterproductive and why "cleverness" in the social sciences often obscures the value of taking a more humble, inquisitive approach to study. Jayme Lemke also shares some of her insights from her research on women's rights and also highlights the unique ways in which her days as a musician aided her in becoming a better academic. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we'll hear a book panel discussion on "Do Markets Corrupt Our Morals?" written by Virgil Henry Storr and Ginny Seung Choi. This book explores whether or not engaging in market activities is morally corrupting. Storr and Choi demonstrate that people in market societies are wealthier, healthier, happier and better connected than those in societies where markets are more restricted. More provocatively, they explain that successful markets require and produce virtuous participants. Ginny Choi presents the book's main argument and is joined by three panelists — Brianne Wolf, Assistant Professor of Political Theory at James Madison College at Michigan State University; Rosemarie Fike, Instructor of Economics at Texas Christian University; and Chad van Schoelandt, Assistant Professor of Philosophy at Tulane University. The panel is moderated by Peter Boettke.

On this episode of the Hayek Program Podcast, we continue a series on topics in economic sociology hosted by Peter Boettke. He is joined in this episode by Stefanie Haeffele as they cover issues of community revival in the wake of disasters. As part of the conversation, Stefanie shares her story of growing into an academic career in economics and reflects on how her experience in the Presidential Management Fellowship shaped her insights on government bureaucracy. Later in the podcast, the pair discuss the importance of building trust within local communities during disaster research, and how to work in such contexts as social scientists with a sense of humanity and care. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we continue a series on topics in economic sociology hosted by Peter Boettke. He is joined in this episode by Virgil Storr as they discuss how cultural frames of reference shape economic development and relationships. In addition, they address the role of the market as a social space beyond anonymous, impersonal interactions, and how the contributions of Adam Smith and Max Weber shape our understanding of economic sociology. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we begin a series on topics in economic sociology hosted by Peter Boettke. He is joined in this episode by Christopher Coyne as they discuss issues surrounding the knowledge problem and its application to foreign and domestic interventions. Later in the podcast, they also address challenges that classical liberals still face regarding the role of government and the conditions necessary for a society of free individuals.

In this episode of the Hayek Program Podcast, Peter Boettke and Stefanie Haeffele share a conversation on the current trilogy of books in the Hayek Program's "Tensions in Political Economy" book series, The pair cover a number of topics, including what was the driving idea behind the series, as well as the logic behind examining the tensions in the scholars of one's own intellectual tradition. Later in the podcast, we'll hear about the importance of contestation in the realm of ideas, and why the focus of a series like the "Tensions" one should be on fostering an ever-growing conversation rather than achieving a final intellectual stopping point. CC Music: Twisterium

On the 100th episode of the Hayek Program Podcast, Peter Boettke and Dan Rothschild share a conversation surrounding Boettke's latest book, "The Struggle for a Better World." In it, Boettke advocates for liberal cosmopolitanism, grounded in the belief that all people are dignified equals, and explains why such a world is worth struggling for. As part of the conversation, Boettke and Rothschild discuss why liberalism today faces a thinking problem and not a marketing problem, along with what we can expect on the journey to becoming a self-governing society. CC Music: Twisterium

On this episode of the Hayek Program Podcast, we host our first book panel of 2021 on Richard Wagner’s book Macroeconomics as Systems Theory. This book examines macroeconomic theory from an analytical framework provided by theories of complex systems, in contrast to conventional theories founded on aggregation. In considering macro theory, Wagner contrasts the conventional approach of focusing on the national economy as a collection of aggregate variables with the social-theoretic approach of viewing macro variables as shaped through social institutions, conventions, and other processes. The panel is moderated by Peter Boettke and features: • Abigail Devereaux, Assistant Professor of economics, Wichita State University • Erwin Dekker, Assistant Professor of cultural economics, Erasmus University • Will Luther, Assistant Professor of economics, Florida Atlantic University

In the second of a two-part series, Peter Boettke and Virgil Storr finish their conversation on the legacy of Don Lavoie as both a mentor and scholar. Virgil Storr first reflects on the untimely death of Don Lavoie, how his death influenced those close to him, and the impact he left on his colleagues and students. Later in the podcast, Boettke and Storr discuss the nature of scholarship and the process of exploring gaps in the social sciences before finishing their talk with some thoughts on the importance of interdisciplinary conversations. CC Music: Twisterium

In the first of a two-part series, Peter Boettke and Virgil Storr reflect on the legacy of Don Lavoie as both a mentor and scholar. As part of their conversation, Boettke and Storr consider Lavoie's role in both of their young academic careers as they remember his example of being "an intellectual interlocutor" and "honest in dialogue." Additionally, they recall Lavoie's efforts to teach his students the foundations of liberty and why Lavoie believed so strongly in the value of freedom. CC Music: Twisterium

In the final installment of a three-part series on academia and libertarianism, Peter Boettke and David Prychitko finish their conversation by first considering the impact of Prychitko's "The Market Process" on the field and younger scholars. The pair also discuss the role of disagreement within economics and importance of continuing within the tradition of being a lifelong learner. Boettke and Prychitko conclude their conversation by remembering the work of Paul Heyne and others as well as the opportunities they were given to carry on the academic work of Heyne and others. CC Music: Twisterium

On the second of a three-part series on academia and libertarianism, Peter Boettke and David Prychitko reflect on the opportunities they had in graduate school and their early academic careers. During the conversation, David Prychitko recalls the value he found in having economics communicated in terms of reconciled plans, and Peter Boettke reflects on the unique opportunity he and others had in having access to so much economic talent during their graduate work. Later in the podcast, the conversation turns towards Prychitko's time in Yugoslavia and his experience while living there. CC Music: Twisterium

On the first of a three-part series on academia and libertarianism, Peter Boettke and David Prychitko share a conversation on their early experiences in graduate school. They discuss why the work of Don Lavoie was so instrumental in their formations as young scholars and how they both were introduced to various libertarian influences within economics. As part of the conversation, they also discuss the role of reading broadly in research and the importance of maintaining a multi-disciplinary approach to learning. CC Music: Twisterium

In the second half of a two-part series on academia and entrepreneurship, Peter Boettke and Emily Chamlee-Wright share a conversation on research, teaching, and the future of liberalism. Recalling their time in graduate school, the pair reflect on the value of learning to teach well and explore how they both came to view teaching as a joyful and worthwhile duty. Later in the episode, Emily Chamlee-Wright explains some of her findings from post-disaster recovery research and offers her thoughts on how liberals can bridge political divides to unite around a common core. CC Music: Twisterium

In the first episode of a two-part series on academia and entrepreneurship, Peter Boettke and Emily Chamlee-Wright share a conversation on their experiences in the economics profession. In particular, they reflect on the importance of being taken seriously as a young scholar and the impact it has on one's academic development. Later in the conversation, Emily Chamlee-Wright reflects on her work regarding female entrepreneurship and explains why "becoming a scholar is a process of becoming encultured within a community." CC Music: Twisterium

In part two of a two-part series, Peter Boettke and Steven Horwitz finish their conversation about Austrian economics and its current influence in the academy. The pair reflect on their intellectual journeys throughout graduate school and consider the effects of teaching on a young scholar's academic development. Later in the podcast, Steve Horwitz recalls the lessons he learned from Don Lavoie on "steel-manning" an intellectual opponent's argument, while Peter Boettke examines the importance of what he calls a "five-tool" academic. CC Music: Twisterium

In part one of a two-part series, Peter Boettke and Steven Horwitz share a conversation about Austrian economics and its influence in recent times. The pair discuss how Austrian economics was taught in their day and reflect on the mentorship they found under Don Lavoie and James Buchanan, as well as considering how they learned to view economics through the lens of how it affected the common man. Stay tuned next time for part two of this series on the Hayek Program Podcast. CC Music: Twisterium

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 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, Dr. Eric Maskin, Professor of Economics at Harvard University, delivers a lecture on the relevance of Hayek to the field of mechanism design. Following the lecture, Dr. Maskin sits down for an interview with Dr. Christopher Coyne to discuss his interest in economics, the state of the discipline, and the impact of Hayek and other mainline thinkers. CC Music: Twisterium

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 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. CC Music: Twisterium

The topic of global justice has long been a concern of people, but the conversation often ignores the work of developmental economists. On this episode of the Hayek Program Podcast, we explore this topic in a book panel discussion of "In Defense of Openness: Why Global Freedom Is the Humane Solution to Global Poverty." The panelists discuss the linkage between economic rights and development and whether or not global freedom is rightly correlated with global justice. The panel includes: - Peter J. Boettke (Moderator), Director of the F.A. Hayek Program & University Professor of Economics and Philosophy at George Mason University - Jason Brennan (Author), Robert J. and Elizabeth Flanagan Family Professor of Strategy, Economics, Ethics, and Public Policy at Georgetown University - Bas van der Vossen (Author), Associate Professor in the Smith Institute for Political Economy and Philosophy - Anna Stilz (Panelist), Laurance S. Rockefeller Professor of Politics and Human Values at Princeton University - Kit Wellman (Panelist), Dean of Academic Planning & Professor of Philosophy at Washington University in St. Louis - James Witte (Panelist), Director of the Institute for Immigration Research, & Director of the Center for Social Science Research at George Mason University CC Music: Twisterium

15 years after Hurricane Katrina hit New Orleans, the lessons and stories emerging from the event continue to offer valuable insights into the world of disaster recovery. On this archived episode of the Hayek Program Podcast, we revisit a lecture by Emily Chamlee-Wright, President & CEO of the Institute for Humane Studies, and Nona Martin, Affiliated Senior Scholar at the Mercatus Center. The lecture focuses on both the nature of post-disaster recovery and the nature of the social order itself – how societies are able to achieve a level of complex social coordination that far exceeds our ability to design and includes an oral history of reconstruction and recovery from Hurricane Katrina. CC Music: Twisterium

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 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 Hayek’s most prominent colleagues and interlocutors. They discussed the breadth of Hayek’s vision, his contribution, and its influence on the research of other elite economic thinkers. In this installment of the series, Nobel Laureate Vernon Smith reflects on Hayek's insight on competition as a discovery process and how scientific knowledge can actually advance on the back of failed experiments. CC Music: Twisterium