Hayek Program Podcast

On this episode of the Hayek Program Podcast, Jayme Lemke interviews Richard Wagner on James Buchanan's life and legacy, his experience studying with James Buchanan, and future directions in Virginia political economy. CC Music: Twisterium

Elinor Ostrom was the first woman to win the Nobel Prize in economics. She has been at the forefront of New Institutional Economics and Public Choice revolutions, discovering surprising ways in which communities around the world have succeeded in solving difficult collective problems. In 'Elinor Ostrom: An Intellectual Biography,' Vlad Tarko takes readers on an intellectual journey through Elinor's career and highlights the theoretical foundations that underpin her research and propel the continuation of New Institutional economics. CC Music: Twisterium

How did Roger Koppl become interested in economics? How did scholars such as Israel Kirzner and William Baumol influence his work throughout his career? What opportunities are there for future study within the realm of complex systems theory and computability in Austrian economics? On this episode, Professor Roger Koppl discusses with Hayek Program Director Peter Boettke. CC Music: Twisterium

On this episode of the Hayek Program Podcast, Professor Roger Koppl talks with Hayek Program Research Fellow Solomon Stein about his research on experts, evolution, and the dynamics of epistemics, his career, and in what future direction(s) he thinks Austrian economics will go. CC Music: Twisterium

How does the 47th Street diamond district in midtown Manhattan continue to thrive as an ethnic trading network? Why hasn't this trading network been displaced by more advanced methods of exchange? On this episode of the Hayek Program Podcast, Barak Richman discusses his new book 'Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange.' CC Music: Twisterium

On this episode of the Hayek Program Podcast, Hayek Program Senior Fellow Virgil Storr talks with Hayek Program Director Peter Boettke on the history and significance of the Bolshevik Revolution for the 100 year anniversary. CC Music: Twisterium

According to Deirdre McCloskey, liberalism dignifies humanity, empowers ordinary individuals, and inspires discovery and creativity. Listen to her remarks on the role of liberalism and the path to modern civilization for our Hayek Speaker Series event on October 25, 2017. CC Music: Twisterium

What is the impact of James M. Buchanan's contributions to political economic thought and the fields of law, ethics, and political science? How can his body of work be applied to explore the present and future relevance of his scholarly contributions and insights? CC Music: Twisterium

Collectively, the lectures over the past few weeks explore the continuing relevance of the Austrian school of economics as a progressive and enduring research program in contemporary economics and political economy. On this episode of the Hayek Program Podcast, Hayek Program Director Peter Boettke gives an overview of the previous lectures and invites listeners on an intellectual exploration of the potential applications of the mainline economic tradition. CC Music: Twisterium

In a world of uncertainty, how does a hierarchical application of rules facilitate decision making? On this episode of the Hayek Program Podcast, Mario Rizzo explains how the recognition of environmental structure and human limitations lead us to a broader concept of rationality in comparison to the standard neoclassical view. CC Music: Twisterium.

Is creativity of the system or is it within the agents that operate within the system? What is an economic theory of experts? How do the division of knowledge and the division of labor co-evolve? Roger Koppl discusses on this episode of the Hayek Program Podcast. CC Music: Twisterium.

What are the various strands or themes that connect culture with Austrian economics? How can Austrian economists see their work through the lens of culture and advance the Austrian research program? Emily Chamlee-Wright discusses on this episode of the Hayek Program Podcast. CC Music: Twisterium

Law up until the 20th century severely limited women's ability to own land, devise and enforce contracts, and even appear in court as independent persons. What were the conditions that led to the support of women's rights in the United States? On a broader scale, what does it mean to think of a problem like women's rights with an economic or political economy lens? Jayme Lemke discusses on this episode of the Hayek Program Podcast. CC Music: Twisterium

On this episode of the Hayek Program Podcast, Hayek Program scholar Lawrence H. White discusses the history of the field of macroeconomics, Austrian business cycle theory, and illustrates how Austrian economics can be inserted into modern macroeconomic theory. CC Music: Twisterium

Is development an open-ended or closed-ended process? What limits do we face when we strive for economic development? On this episode of the Hayek Program Podcast, Hayek Program Scholar Christopher Coyne gives a brief overview of development and critiques state-led strategy. CC Music: Twisterium

How does mainline economics differ from the popularity of scientism in the economic sciences? What other unorthodox areas of research can be explored using the framework of mainline economics? On this episode of the Hayek Program Podcast, Professor Bruce Caldwell discusses the history and importance of 'mainline economics' as a research topic. CC Music: Twisterium

On April 25, 2017, Mercatus Senior Research Fellow Matthew Mitchell gave a brief presentation on his new book 'Applied Mainline Economics' (coauthored with Hayek Program Director Peter Boettke). This presentation was followed by a moderated discussion between Mitchell and Boettke on the core tenets of mainline economics and how these guiding principles help to create a freer, more peaceful, and more prosperous society.

Can a free society really limit the movement and activities of foreigners within its borders without impacting the freedoms of its own citizens? On March 29, 2017, Chandran Kukathas, Chair in Political Theory and head of the department at the London School of Economics and Political Science, spoke on the the dangers immigration control pose to individual freedom for our Hayek Speaker Series event. Learn more at: www.mercatus.org/event-series/hayek-speaker-series

On January 26, 2017 the Hayek Program hosted a book panel on 'Faces of Moderation: The Art of Balance in an Age of Extremes' by Aurelian Craiutu, Professor of Political Science at Indiana University, Bloomington. The panel included the author and panelists Joshua Chermiss, Karol Soltan, and Peter Boettke. The panelists discussed the findings of the book, namely how we can reconcile the virtue of moderation with the popularity of extremes in public life and party politics. CC Music: Twisterium

On December 8, 2016, the Hayek Program hosted a book panel on 'Hayek’s Modern Family: Classical Liberalism and the Evolution of Social Institutions' by Steven Horwitz, Visiting Scholar at the John H. Schnatter Institute for Entrepreneurship and Free Enterprise at Ball State University and Charles A. Dana Professor of Economics at St. Lawrence University. The panel included the author and panelists Peter Boettke, Jayme Lemke, and Bobbi Herzberg. The panelists discussed the findings of the book in relation to the history of social policy and Horwitz's treatment of Hayek's theoretical ideas. CC Music: Twisterium

Hayek Program Associate Director Christopher Coyne interviews the 2015-2016 F. A. Hayek Distinguished Visiting Scholar Robert Higgs, Senior Fellow in Political Economy for The Independent Institute and Editor of the Institute’s quarterly journal The Independent Review. Coyne talks to Professor Higgs about his intellectual background, his work in Austrian economics, and his work at The Independent Review. He also discusses his challenge to the claim that World War II helped the U.S. out of the Great Depression and the lessons of his book Crisis & Leviathan. CC Music: Twisterium

In February 2016, Hayek Program Don C. Lavoie Senior Fellow Virgil Storr sat down with Emily Chamlee-Wright, President & CEO of the Institute for Humane Studies and alumna of the Mercatus PhD Fellowship program, to discuss her research on economics and culture. In Part 2 of this interview, Chamlee-Wright discusses the impetus behind her decision to teach in liberal arts colleges, the continuation of her research program at these schools, her experience as an administrator at liberal arts colleges, and her identity as a scholar, teacher, and administrator. CC Music: Twisterium

In February 2016, Hayek Program Don C. Lavoie Senior Fellow Virgil Storr sat down with Emily Chamlee-Wright, President & CEO of the Institute for Humane Studies and alumna of the Mercatus PhD Fellowship program, to discuss her research on economics and culture. In Part 1 of this interview, Chamlee-Wright discusses her time as a student at George Mason University, her work with her mentor Don Lavoie, her research on the role of culture in Austrian economics and post-disaster recovery, and her use of field-work in understanding the social world.

Thirty years ago, in October 1986, James M. Buchanan was awarded the Nobel Prize in economics. On October 6, 2016, the Hayek Program hosted an event to reflect on the significance of Buchanan’s Nobel Prize and the various strands of influence his work has had in subsequent decades of scholarship. This interdisciplinary panel discussion features David Schmidtz (University of Arizona), Barry Weingast (Stanford University), and Luigi Zingales (University of Chicago Booth School of Business). CC Music: Twisterium

Thirty years ago, in October 1986, James M. Buchanan was awarded the Nobel Prize in economics. On October 6, 2016, the Hayek Program hosted an event to reflect on the significance of Buchanan’s Nobel Prize and the various strands of influence his work has had in subsequent decades of scholarship. Michael Munger, Professor of Political Science at Duke University, delivered the Keynote Lecture on "James Buchanan's Contributions to Political Economy and Social Philosophy." CC Music: Twisterium

On September 8, 2016, the Hayek Program hosted a book panel on 'Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship,' co-authored by Hayek Program Don C. Lavoie Fellow Virgil Henry Storr, Hayek Program Senior Fellow Stefanie Haeffele-Balch, and Mercatus PhD alumna Laura E. Grube. The panel included author Virgil Storr and panelists Peter Boettke, Daniel Aldrich, Lori Peek, and Emily Chamlee-Wright. The panelists discussed the findings of the book, namely how communities gain access to resources needed to rebuild after natural disasters while overcoming the collective-action problem. CC Music: Twisterium

Hayek Program Senior Fellow Jayme Lemke sat down with Director Peter Boettke to discuss the commonalities between the three approaches to understanding the social world discussed previously in this series: Austrian economics, public choice economics, and the Bloomington School’s multiple-methods, real-world approach to institutional analysis. Read more: bit.ly/threeschools CC Music: Twisterium

Hayek Program Senior Fellow Jayme Lemke sat down with Director Peter Boettke to discuss the Bloomington School of Political Economy in this wide-ranging interview. They discuss the Ostroms’ approach to understanding self-governing societies, their use of multiple methodologies, and the continuing relevance of the Bloomington School to current research in political economy. CC Music: Twisterium

Hayek Program Senior Fellow Jayme Lemke sat down with Senior Fellow Donald Boudreaux to discuss the Virginia School of Political Economy in this wide-ranging interview. They cover the foundations and impetus of the Virginia school, the key insights of public choice economics, and the continuing relevance of these insights for today. Read more: bit.ly/virginiaschool CC Music: Twisterium

Hayek Program Senior Fellow Jayme Lemke sat down with Associate Director Christopher Coyne to discuss the Austrian School of Political Economy in this wide-ranging interview. They discuss a brief history of Austrian economics, the role that value and prices play in economic calculation, the importance of knowledge and institutions in Austrian methodology, and the continuing relevance of Austrian economics for today. Learn more: bitly.com/austrianschool CC Music: Twisterium

Is our modern world the product of changing institutions or the result of shifting opinions about them? At a recent event hosted by the Hayek Program, Don Boudreaux and Deidre McCloskey explored this question in a fascinating discussion on the latest installment of Professor McCloskey’s Bourgeois Era Trilogy, 'Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World' (University of Chicago Press, 2016). This new volume challenges conventional wisdom about the causes of the wealth of nations and builds a powerful case for the initiating role of ideas – the liberal ideas of equal liberty and dignity for ordinary folk – in creating the Great Enrichment from 1800 to today.

On Wednesday, April 25, 2012, the Hayek Program hosted a panel discussion on Hayek Program Distinguished Senior Fellow Lawrence H. White’s book, ‘The Clash of Economic Ideas: The Great Policy Debates and Experiments of the Last Hundred Years.’ This book interweaves the economic history of the last hundred years with the history of economic doctrines to understand how contrasting economic ideas have originated and developed over time to take their present forms. The discussion was chaired by Hayek Program Director Peter Boettke and included comments by Douglas Irwin, Professor of Economics at Dartmouth College, and Perry Mehrling, Professor of Economics at Barnard College. Professor White begins the panel with a discussion of the main contributions of his book, which is followed by comments from Professor Irwin and Professor Mehrling, respectively. Professor White concludes with a response to his commenters.

Mercatus Center Academic & Student Programs recently hosted the 2016 Advanced Austrian Seminar at which Dr. Israel M. Kirzner, Professor Emeritus of Economics at New York University, delivered the keynote lecture, “The History and Importance of the Austrian Theory of the Market Process.” In this talk, Professor Kirzner examines the history of thought in Austrian economics, specifically focusing on the developments in the 20th century, to develop a link between the Austrian theory of the market process and the notion of subjectivism as the central idea in Austrian economics.

On January 21, 2016, the Hayek Program hosted a book panel on Jacob Levy's 'Rationalism, Pluralism, and Freedom.' The panel included author Jacob Levy and panelists Peter Boettke, Alan Levine, and Richard Boyd. The panelists discussed whether the pressure between the rationalist suspicion of intermediate group power and the pluralist suspicion of the state can ever be reconciled in a liberal society.