Hayek Program Podcast

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, Spotif

*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 P

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 f

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. N

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 MoreaStef

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

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

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

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 Progr

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

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 ab

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

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

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 Sentiment

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! Subscri

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

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 o

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 Twit

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 Academ

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