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21 episodes with boettke
7 episodes with boettke
2 episodes with boettke
2 episodes with boettke
2 episodes with boettke
2 episodes with boettke
2 episodes with boettke
2 episodes with boettke
2 episodes with boettke
Send us a textWhat happens when we stop seeing politics and markets as separate spheres and start recognizing their deep entanglement? Mikayla Novak, senior fellow at the Mercatus Center, challenges conventional economic thinking in favor of Dick Wager's "entangled political economy."Drawing from her fascinating career path through Australia's Treasury, free market think tanks, and her pursuit of multiple courses of study, Novak offers unique insights into institutional economics and political networks. Her background bridges disciplines in ways that embody Hayek's wisdom that "you can't be a good economist by just being an economist."We consider Boettke's distinction between "mainstream" economics—with its equilibrium models and market failure diagnoses—and the "mainline" tradition that views economies as dynamic processes shaped by institutions. This conversation reveals how Richard Wagner's entangled political economy theory helps understand policy failures. When government and markets form complex networks rather than separate spheres, simplistic reform attempts like "just cut spending" are disastrously unsuccessful.The discussion vividly illustrates why transaction costs matter deeply for institutional analysis. We examine how political networks form with elites enjoying low-cost access while ordinary citizens remain at the periphery. This structural understanding helps explain why some inefficient policies persist despite their obvious flaws—they benefit the well-connected core of our political-economic system.Mikayla Novak's page linkRichard Wagner: Entangled Political Economy Research NetworkBuchanan's Liberal TheoryPolitics as a Peculiar BusinessPrevious TAITC Episodes of Relevance:Randall Holcombe and Political CapitalismDonald Boudreaux on Law and LegislationLate Bloomers book, by Rich KarlgaardMunger on tariffs and costsIf you have questions or comments, or want to suggest a future topic, email the show at taitc.email@gmail.com ! You can follow Mike Munger on Twitter at @mungowitz
On this episode of the Hayek Program Podcast, Peter Boettke reflects on the lessons he's learned throughout his academic career, focusing on what it takes to succeed after graduate school. Boettke encourages graduates to: value the scientific pursuit of truth and scholarship; cultivate a sense of awe, wonderment, surprise, and appreciation; and to be curious. He cautions against prioritizing cleverness over clarity and emphasizes the need to continually adapt and adjust. Persistence and hard work pays off. Try to pursue ideas, not people. Don't be inept and don't be lazy. Pay attention to details. Be a productive member of your department. Produce research that is genuinely interesting and of intrinsic value to your academic peers. Try to be a life changing professor. Work with good people who challenge you and find that network which insists on lifelong learning, one where you can harshly criticize one another then go have a beer together. Boettke highlights the ongoing work of the liberal project, arguing that liberalism is not a fixed doctrine, it's an emancipatory project. Liberalism begins with a very strong recognition of oppression, but it brings a promise of deliverance. Because language and problems change over time, liberalism must be restated in the language and concepts of successive generations. He argues that the worst thing that can happen to a good cause is not to be artfully criticized, but to be ineptly defended.Peter Boettke is a Distinguished University Professor of Economics and Philosophy at George Mason University and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. He has published numerous books including The Socialist Calculation Debate: Theory, History, and Contemporary Relevance (2024), Money and the Rule of Law: Generality and Predictability in Monetary Institutions (2021), Living Economics: Yesterday, Today, and Tomorrow (2012), and Challenging Institutional Analysis and Development: The Bloomington School (2009).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, a podcast series from the Hayek Program, is streaming. Subscribe today and listen to season three, 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 of the Hayek Program Podcast, Peter Boettke gives the opening keynote lecture at the 2022 Markets & Society conference. In this lecture, Boettke speaks on the importance of “relations before transactions”, emphasizes the impact of social interactions on economic activity and the role of trust, norms, and institutions, and highlights the insights of Adam Smith, F.A. Hayek, and Elinor Ostrom. Boettke explores the intersections between markets and society, opening the conference with a discussion of its theme.Peter Boettke is a Distinguished University Professor of Economics and Philosophy at George Mason University and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. He has published numerous books including Money and the Rule of Law: Generality and Predictability in Monetary Institutions (2021), Living Economics: Yesterday, Today, and Tomorrow (2012), and Challenging Institutional Analysis and Development: The Bloomington School (2009).This lecture has been published in the Markets & Society Journal, Volume 1 Issue 1, as "Toward a Theory of Social Cooperation under the Division of Labor." Learn more about the Markets & Society conference and journal 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 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 Peter Boettke's book, The Struggle for a Better World (Mercatus Center at George Mason University, 2021). In his comments, Boettke provides an overview of his book, emphasizes the role that institutions play in human societies, and discusses his focus on improving the human condition by lifting up those who are least prosperous in our world. The panel is moderated by Stefanie Haeffele, and they are joined on the panel by:Emily Chamlee-Wright, President and CEO of the Institute for Humane Studies, and co-author of How We Came Back: Voices from Post-Katrina New Orleans (2015)Alain Marciano, Professor of Economics and Statistics at the University of Turin, distinguished affiliated fellow with the Hayek Program, and author of James Buchanan and Peaceful Cooperation: From Public Finance to a Theory of Collective Action (2024)Mark Pennington, Professor of Political Economy and Public Policy and Director of the Center for the Study of Governance and Society at King's College London, and author of Robust Political Economy: Classical Liberalism and the Future of Public Policy (2011)View Emily Chamlee-Wright's "The Four Corners of Liberalism" graphic here.Peter Boettke is a Distinguished University Professor of Economics and Philosophy at George Mason University and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. He has published numerous books including Living Economics: Yesterday, Today, and Tomorrow (2012) and F. A. Hayek: Economics, Political Economy and Social Philosophy (2018).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
Dr. Peter J. Boettke, Professor of Economics and Philosophy at George Mason University, discussed his book, "The Road to Socialism and Back: An Economic History of Poland, 1939–2019." About the Author Peter J. Boettke, Senior Fellow at the Fraser Institute, is a Professor of Economics and Philosophy at George Mason University, the director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, and BB&T Professor for the Study of Capitalism at the Mercatus Center. He received his Ph.D. from George Mason University. Prof. Boettke has developed a robust research program that expands an understanding of how individuals acting through the extended market order can promote freedom and prosperity for society, and how the institutional arrangements shape, reinforce, or inhibit the individual choices that lead to sustained economic development. His most recently published books include F. A. Hayek: Economics, Political Economy and Social Philosophy; and The Four Pillars of Economic Understanding. Prof. Boettke is the editor of numerous academic journals, including the Review of Austrian Economics and the Journal of Economic Behavior & Organization, and of the book series, Cambridge Studies in Economics, Choice, and Society. He has served as President of the Southern Economic Association, the Mont Pelerin Society, the Association of Private Enterprise Education, and the Society for the Development of Austrian Economics. About the Book The Road to Socialism and Back: An Economic History of Poland, 1939–2019 For four decades during the latter half of the 20th century, Poland and its people were the subjects of a grand socio-economic experiment. Under the watchful eye of its Soviet masters, the Polish United Workers' Party transformed the mixed economy of this nation of 35 million into a centrally planned, socialist state (albeit one with an irrepressible black market). Then, in the closing decade of the 20th century, under the leadership of Polish minister of finance Leszek Balcerowicz, the nation was transformed back into a mixed economy. In this book, we document the results of this experiment. We show that there was a wide chasm between the lofty goals of socialist ideology and the realities of socialism as the Polish people experienced them. We also show that while the transition back from a socialist to a mixed economy was not without its own pain, it did unleash the extraordinary productive power of the Polish people, allowing their standard of living to rise at more than twice the rate of growth that prevailed during the socialist era. The experiences of the Poles, like those of so many behind the Iron Curtain, demonstrate the value of economic freedom, the immiserating consequences of its denial, and the often painful process of regaining lost freedoms. Read more: https://www.fraserinstitute.org/studies/the-road-to-socialism-and-back-an-economic-history-of-poland-1939-2019 Download the book for free:https://www.fraserinstitute.org/sites/default/files/road-to-socialism-and-back-an-economic-history-of-poland-1939-2019.pdf This event is sponsored by the Center for Intermarium Studies and the Kosciuszko Chair of Polish Studies at IWP. ***Learn more about IWP graduate programs: https://www.iwp.edu/academic-programs/ ***Make a gift to IWP: https://interland3.donorperfect.net/weblink/WebLink.aspx?name=E231090&id=18
Rapid progress in artificial intelligence, especially large language models such as ChatGPT, has rekindled an old debate about the feasibility of top-down economic planning. While 20th-century experiments in socialism ultimately failed, some techno-socialists have argued a new set of tools could help planners outperform markets. But today's guest argues no amount of computing power or sophisticated algorithms can overcome the fundamental issues with socialist planning. Pete Boettke joins this episode of Faster, Please! — The Podcast to discuss.Boettke is a university professor of economics and philosophy at George Mason University and director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center. Last year, he and Rosolino Candela authored the paper, “On the Feasibility of Technosocialism.”In This Episode* Technosocialism in the 20th century (1:34)* The appeal of economic planning (6:14)* The recent resurgence of socialism (10:34)* Can AI aid industrial policy? (24:08)* Not wrong, just early (32:51)Check back tomorrow at Faster, Please! for the full transcript of this interview. (Typically each podcast includes the transcript, but I'm currently traveling. So please forgive me!)Faster, Please! is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Thanks! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit fasterplease.substack.com/subscribe
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
In this episode, Shruti speaks with Peter J. Boettke about the writings of F.A. Hayek, why artificial intelligence will not solve the knowledge problem, what many economists throughout history misunderstood about the market process, mainline vs. mainstream economics and much more. Boettke is a Distinguished University Professor of Economics and Philosophy at George Mason University, the BB&T Professor for the Study of Capitalism and the director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. He has written dozens of books, including “The Battle of Ideas: Economics and the Struggle for a Better World,” “The Economic Way of Thinking,” “Living Economics: Yesterday, Today and Tomorrow” and, most recently, “F.A. Hayek: Economics, Political Economy and Social Philosophy.” Recorded June 8th, 2023. Read a full transcript enhanced with helpful links. Follow us on Twitter Follow Shruti on Twitter Follow Pete on Twitter Click here for the latest Ideas of India episodes sent straight to your inbox.
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, 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
Today's episode was recorded in October 2022 at the Market and Society conference. Our honored guest is a premier Austrian school economist Professor Peter Boettke. He is widely published and has been instrumental in promoting modern Austrian economics across campuses in the US and globally. He is currently a professor of economics and philosophy at George Mason University; the BB&T Professor for the Study of Capitalism, vice president for research, and director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center also at GMU. Professor Boettke is not only a very insightful academic, but he is also a prolific teacher, former successful basketball coach and a great writer. We highly recommend you pick up his book: Living Economics. We are very thankful for his time. In season 1 (Danish) we reviewed the history of economic thought before WWII. The coming seasons are dedicated to the Nobel Prize in Economics, and I am joined by economist Otto Brøns-Petersen. The Nobel prize is a good benchmark for how the field and profession of economics developed after WWII. We will focus both on the scientific contributions and on the people behind them. These are all star economists and worthy of your time and attention. Some will mainly feature in one episode, others in several. We therefore advice that you listen in the thematic order we propose – but it is up to you. Rest assured, we will cover all… Eventually. References: Boettke, P. J. (2012). Living economics. Oakland, CA: IndependentInstitute. Friedman, M., Friedman, R. D., & Friedman, R. D. (1990). Free to choose. Free to Choose Enterprise. Friedman, M. (2016). 61. Capitalism and Freedom. In Democracy (pp. 344-349). Columbia University Press. MacLean, N. (2018). Democracy in chains: The deep history of the radical right's stealth plan for America. Penguin.
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.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium
“Ai miei occhi, il professor Mises è e rimane sopra ogni cosa un grande radicale, un radicaleintelligente e razionale e, soprattutto, un radicale nel giusto senso del termine” - Friedrichvon HayekLudwig von Mises è stato uno dei pensatori più influenti del ventesimo secolo. Dopo i primilavori sull'economia monetaria, Mises partecipa alla prima guerra mondiale e, alla suaconclusione, dà alcuni contributi di grande rilievo, che lo segnaleranno agli occhi del mondo.E' del 1919 "Nazione, Stato ed economia", un testo nel quale Mises mette a fuoco conpreveggenza i problemi del nazionalismo nelle aree con importanti minoranze linguistiche.Nel 1920, Mises pubblica il suo saggio sul calcolo economico nell'economia pianificata. Sitratta del più importante attacco teorico mai mosso al socialismo: la nazionalizzazione deimezzi di produzione, spiega Mises, rende impossibile il calcolo economico. Le stesse ideeverranno poi sviluppate in Socialismo, una critica a tutto tondo dell'ideologia più fortunata intutto il Novecento.Negli anni successivi, Mises non smette di lavorare, anche quando è costretto a fuggiredall'Austria dell'Anschluss, per approdare prima in Svizzera e poi negli Stati Uniti. Qui, perquanto con una posizione universitaria precaria, continua a pubblicare e influenzare unanuova generazione di economisti. Una sua biografia s'intitola, non a caso, “L'ultimocavaliere del liberalismo”.Protagonista:Lisa KinspergherOspite:Lorenzo Infantino, professore ordinario di Filosofia delle Scienze Sociali presto l'Università LUISSConsigli di Lettura: - “Socialismo” ([1922], 2020) di Ludwig von Mises, trad. e prefazione di L. Infantino,Rubbettinohttps://www.store.rubbettinoeditore.it/catalogo/socialismo/- “L'Azione Umana” ([1949], 2015) di Ludwig von Mises, trad. e prefazione di L. Infantino,Rubbettinohttps://www.store.rubbettinoeditore.it/catalogo/l-azione-umana/Presentazione del libro, https://www.youtube.com/watch?v=S8PmPwX6HJw- “Libertà e Proprietà” ([1952-1962] 2007) prefazione di L. Infantino e introduzione diMurray N. Rothbard, IBL-Rubbettinowww.amazon.it/Libertà-proprietà-Ludwig-von-Mises/dp/8849817932- “Ludwig Von Mises: The Man and His Economics” (2019), di Israel M. Kirzner, a cura diPeter J. Boettke,https://www.amazon.it/Ludwig-Von-Mises-Man-Economics/dp/0865978654- “Il calcolo economico nello stato socialista” ([1920] 2013), di Ludwig von Mises, trad di P.Belardinelli, Collana eBook “Classici della libertà” IBL Librihttps://www.amazon.it/calcolo-economico-socialista-Classici-libert%C3%A0-ebook/dp/B00HEMI946- “Stato, Nazione ed Economia” ([1919] 1994), di Ludwig von Mises, Bollati Boringhierihttps://www.ibs.it/stato-nazione-ed-economia-contributi-libro-ludwig-von-mises/e/9788833907994- “La Teoria Austriaca del Ciclo Economico” ([1936] 2008), di Ludwig von Mises, IBLOccasional Paper 60https://www.brunoleoni.it/op-60-la-teoria-austriaca-del-ciclo-economicoPer Saperne di Più:- “My Years with Ludwig von Mises” (1984), di Margit von Mises, Mises Institutehttps://mises.org/library/my-years-ludwig-von-mises- “Politica Economica. Riflessioni per oggi e per domani” ([1999], 2007), di Ludwig vonMises, traduzione di Miliana Voltattorni e introduzione di Lorenzo Infantino, Liberilibri.https://www.liberilibri.it/index.php/prodotto/politica-economica- Mises Institutehttps://mises.org/
Chances are, you've never heard of Don Lavoie. I certainly didn't run across him when I was getting into libertarianism in college, and it wasn't until years into my time working for the Cato Institute that I learned about him from my boss, David Boaz. But Lavoie is arguably the North Star for what the liberty movement needs to become if it wants to reestablish itself in America's shifting political landscape, and if it wants to be more than just a somewhat limited government version of conservatism. So for today's episode, I'm chatting with George Mason University professor Pete Boettke, one of Lavoie's students. We discuss Lavoie's scholarship, his updating of Hayek's Knowledge Problem argument against economic planning, the problems of socialist calculation, and how to build a case for radical liberty within a politically left framework. Get Don Lavoie’s books. Mercatus video on Lavoie’s work and influence. Boettke and Candela’s paper on technosocialism. ReImagining Liberty is a project of The UnPopulist, and is produced by Landry Ayres. Podcast art by Sergio R. M. Duarte. Join the ReImagining Liberty Discord community and book club. Music: Finding the Balance by Kevin MacLeod | Link | License
Chances are, you've never heard of Don Lavoie. I certainly didn't run across him when I was getting into libertarianism in college, and it wasn't until years into my time working for the Cato Institute that I learned about him from my boss, David Boaz.But Lavoie is arguably the North Star for what the liberty movement needs to become if it wants to reestablish itself in America's shifting political landscape, and if it wants to be more than just a somewhat limited government version of conservatism.So for today's episode, I'm chatting with George Mason University professor Pete Boettke, one of Lavoie's students. We discuss Lavoie's scholarship, his updating of Hayek's Knowledge Problem argument against economic planning, the problems of socialist calculation, and how to build a case for radical liberty within a politically left framework.* Get Don Lavoie's books.* Mercatus video on Lavoie's work and influence.* Boettke and Candela's paper on technosocialism.Support the show and get every episode two weeks early, as well as access to the Discord community and book club. Sign up here: https://www.reimaginingliberty.com/subscribeProduced by Landry Ayres. Podcast art by Sergio R. M. Duarte.Music: Finding the Balance by Kevin MacLeod This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.reimaginingliberty.com/subscribe
In episode #10 of the Let People Prosper Show, I speak with Dr. Peter Boettke, who is a professor of economics at George Mason University, about: 1. The importance of institutions for society and liberty for ordinary people; 2. Economic lessons from the pandemic; and 3. The difference between mainline and mainstream economics. More on Dr. Boettke: https://economics.gmu.edu/people/pboettke For thoughtful economic commentary and show notes, check out my newsletter: https://vanceginn.com/. Please rate with 5 stars and subscribe to the Let People Prosper Show if you enjoyed this episode. And be sure to check out the other episodes.
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
In honor of the 5 year anniversary of their shop in Brooklyn, NY, Matt and Justin joined to me discuss their solo projects as well as their joint endeavors with their space and label, Dead Gods.Opening track: LAPSE "Crucifix Rat Trap" from V/A - Years Of The Rat CDr (Small Mercies)*a note on sound quality: I inadvertently had "background noise suppression" processing turned on when recording, so my audio sounds less than perfect. Hopefully it will be the last time this issue occurs*Thanks for checking out White Centipede Noise Podcast! New episodes air weekly, premiering Mondays at 18:00 CET#whitecentipedenoise#harshnoise#powerelectronics#industrialmusic#thousandsogdeadgods#shreddednerve#scantSupport the show (https://www.patreon.com/whitecentipedenoise)
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
*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
Prof. Boettke and I discussed Austrian economics, the nature of incentives and why they matter, what philosophers and economists can learn from each other, whether free markets can hold as the West loses faith in them, and a whole lot more.Peter Boettke is a University Professor of Economics and Philosophy at George Mason University, the BB&T Professor for the Study of Capitalism, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit jimmyalfonsolicon.substack.com
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
In this thirteenth installment of a series on liberalism, Benjamin Klutsey, the Director of Academic Outreach at the Mercatus Center at George Mason University, speaks with Peter Boettke about the promise held by the idea of liberal cosmopolitanism and the importance of considering the political economy of institutional arrangements in reaching our potential. Boettke is a University Professor of Economics and Philosophy at George Mason University, the BB&T Professor for the Study of Capitalism, and the Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at Mercatus. Boettke's analytical framework is grounded especially in Austrian economics, the Bloomington School of institutional analysis and the Virginia school of political economy. He has authored and co-authored numerous book, including “The Struggle for a Better World” (2021), “F. A. Hayek: Economics, Political Economy and Social Philosophy” (2018), and “Living Economics: Yesterday, Today, and Tomorrow” (2012).This series also includes interviews with Alan Charles Kors, Emily Chamlee-Wright, Ilana Redstone, Richard Ebeling, Robert Talisse, Danielle Allen, Roger Berkowitz, Virgil Storr, Kevin Vallier, Juliana Schroeder, John Inazu and Jonathan Rauch.For more helpful links and resources from this conversation, please visit DiscourseMagazine.com.
Dan Smith is an associate professor of economics at Middle Tennessee State University and directs the Political Economy Research Institute at MTSU. Alex Salter is an associate professor of economics at Texas Tech University. Dan and Alex join David on a special live episode of Macro Musings to discuss their new book, Money and the Rule of Law: Generality and Predictability in Monetary Institutions. Specifically, they discuss knowledge and incentive problems in setting monetary policy, what is meant by “rule of law,” how to make monetary policy accountable, centralized versus decentralized forms of digital currencies, thoughts on free banking, and much more. Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings Alex's Twitter: @alexwsalter Alex's website: https://www.awsalter.com/ Alex's Free Market Institute profile: https://www.depts.ttu.edu/freemarketinstitute/people/salter.php Daniel's Twitter: @smithdanj1 Daniel's website: http://www.danieljosephsmith.com/about.html Daniel's MTSU profile: https://www.mtsu.edu/faculty/daniel-j-smith Related Links: *Seigniorage in a Cross-Section of Countries* by Reid W. Click https://www.jstor.org/stable/2601207 *Money and the Rule of Law: Generality and Predictability in Monetary Institutions* by Peter J. Boettke, Alexander William Salter, and Daniel J. Smith https://www.cambridge.org/core/books/money-and-the-rule-of-law/C825E982EDE5BD2BE41A99464DC885DB David's blog: macromarketmusings.blogspot.com David's Twitter: @DavidBeckworth
"Historically, liberalism is striving to have a society that exhibits neither discrimination nor domination." Peter Boettke defends classical liberalism on The Human Progress Podcast. Book: https://www.amazon.com/Struggle-Better-World-Peter-Boettke/dp/1942951876 In The Struggle for a Better World, Peter J. Boettke explores how the social sciences, and political economy in particular, help us understand society and its institutions of governance. Boettke advances an approach for understanding, articulating, and pursuing a coherent and consistent vision of a society of free and responsible individuals who may prosper through voluntary participation in the market and their communities. In this volume, a collection of addresses, lectures, and papers over the past two decades, Boettke articulates ideas which, if consistently pursued, can help fulfill liberalism's emancipatory promise to advance human flourishing and overcome adversity caused by economic, social, and political injustice and repression. Boettke advocates for liberal cosmopolitanism, grounded in the principles of equality, justice, and liberty, and the basic recognition that all people are dignified equals, as the best hope for a better world. Peter J. Boettke is a University Professor of Economics and Philosophy at George Mason University and director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. Learn more: https://www.peter-boettke.com/ Marian L. Tupy is the editor of Human Progress .org, a senior fellow at the Center for Global Liberty and Prosperity, and coauthor of The Simon Project. He specializes in globalization and global well‐ being and politics and economics of Europe and Southern Africa. Learn more: https://www.cato.org/people/marian-l-tupy
Matt Kibbe sits down with economist Peter Boettke to discuss his new book, “The Struggle for a Better World,” about the hope that comes along with the vision of a free society. Too often, economists are seen as raining on the parades of the do-gooders who want to fix injustice in society. Boettke argues that we can be just as positive and inspiring as progressives, only instead of depending on privileged elites to solve our problems for us, we can recognize that a truly great society comes from ordinary people being allowed to pursue happiness in their own individual ways.
Matt Kibbe sits down with economist Peter Boettke to discuss his new book, “The Struggle for a Better World,” about the hope that comes along with the vision of a free society. Too often, economists are seen as raining on the parades of the do-gooders who want to fix injustice in society. Boettke argues that we can be just as positive and inspiring as progressives, only instead of depending on privileged elites to solve our problems for us, we can recognize that a truly great society comes from ordinary people being allowed to pursue happiness in their own individual ways.
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
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
Peter Boettke is an American Economist and Professor at George Mason University, with particle disciplines in Austrian economics, institutional economics, and comparative economics, philosophy, the BB&T Professor for the Study of Capitalism, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. As a teacher, Boettke is dedicated to cultivating enthusiasm for the economic way of thinking and the importance of economic ideas in future generations of scholars and citizens, being awarded with numerous teaching awards. He also is the Editor of the Review of Austrian Economics and the Associate Editor of the Journal of Economic Behavior & Organization. In today's episode, some of the things we talked about were: how to leverage the internet to get an education without going to college, how to spark curiosity in people through positivity, philosophy on how to live a better life, creativity between artists and scientists, is capitalism dying, what motivates “bad” people's actions, how to be a life-long learner to stay young of mind and much more! Dangerously Good with Jay Sikand is a long-form podcast where Jay explores dangerously good topics and ideas! This show is about learning new things and sharing that journey with the world! Expanding the minds and imaginations of those who want to partake. Expect new episodes and clips every Tuesday! Watch the podcast on the Dangerously Good YouTube channel (https://www.youtube.com/watch?v=lea0YVAB2Yo&t=2s) & For CLIPS of the podcast, subscribe to the Dangerously Good Clips Youtube channel! (https://www.youtube.com/channel/UChmDAQzfpNdmEi10lqBReuQ) About Jay Sikand: He is a podcaster, actor, tech nerd, and lover of life that explores ideas from entertainment, technology, philosophy, politics, health, fitness to whatever else is intriguing. He has conversations with friends and people of strong morals, ambitions, and intelligence within their fields. Anyone who wants to journey through enlightening conversions that contain dangerously good information should tune in! --- Support this podcast: https://podcasters.spotify.com/pod/show/jay-sikand/support
Guests: Peter J. Boettke, professor of economics and philosophy at George Mason University and co-author of The Essential Austrian Economics, Victor Benz, Environment Chair, Alberta Fish and Game Association, Dr. Ameeta Singh, Clinical Professor, Division of Infectious Diseases, University of Alberta, and Ward 12 Councillor Shane Keating See omnystudio.com/listener for privacy information.
Peter J. Boettke, professor of economics and philosophy at George Mason University and co-author of The Essential Austrian Economics See omnystudio.com/listener for privacy information.
Today I spoke with Professor Peter J. Boettke, co-author of Public Governance and the Classical-Liberal Perspective (Oxford University Press, 2019) with Paul Dragos Aligica and Vlad Tarko. Dr Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. In our conversation we defined the disciplines of Public Choice and Public Administration and we named the key actors of a very long intellectual debate. We discussed the practical relevance (for policymakers and taxpayers) of this debate in economics and we also addressed contemporary issues such as the management of the Covid-19 crisis and the institutional architecture of police forces in the USA. The book is divided into three parts: Part I: A Distinctive Perspective on Governance: The Building Blocks; Part II: Public Choice and Public Administration: The Confluence; Part III: Framing the Applied Level: Themes, Issue Areas, and Cases. The book challenges some of the most ingrained views about an important intellectual tradition in political and administrative sciences thinking. It aims to demonstrate that there are alternative ways of defending democracy and liberal open societies in a theoretically sophisticated and feasible way. Building on the political economy principles underpinning the works of diverse authors such as Friedrich Hayek, James Buchanan and Vincent and Elinor Ostrom, this book challenges the technocratic-epistocratic perspective in which social goals are defined by an aggregated social function and experts simply provide the means to attain them. The authors argue that individualism, freedom of choice, and freedom of association have deep implications on how we design, manage and assess our public governance arrangements. The book examines the knowledge and incentive problems associated with bureaucratic public administration while contrasting it with democratic governance. This is a sophisticated, timely and important contribution that many will find interesting: economists, political scientists and policymakers. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in China. He is the co-convener of the EAEPE’s permanent track on Co-operative economy and collective ownership. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today I spoke with Professor Peter J. Boettke, co-author of Public Governance and the Classical-Liberal Perspective (Oxford University Press, 2019) with Paul Dragos Aligica and Vlad Tarko. Dr Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. In our conversation we defined the disciplines of Public Choice and Public Administration and we named the key actors of a very long intellectual debate. We discussed the practical relevance (for policymakers and taxpayers) of this debate in economics and we also addressed contemporary issues such as the management of the Covid-19 crisis and the institutional architecture of police forces in the USA. The book is divided into three parts: Part I: A Distinctive Perspective on Governance: The Building Blocks; Part II: Public Choice and Public Administration: The Confluence; Part III: Framing the Applied Level: Themes, Issue Areas, and Cases. The book challenges some of the most ingrained views about an important intellectual tradition in political and administrative sciences thinking. It aims to demonstrate that there are alternative ways of defending democracy and liberal open societies in a theoretically sophisticated and feasible way. Building on the political economy principles underpinning the works of diverse authors such as Friedrich Hayek, James Buchanan and Vincent and Elinor Ostrom, this book challenges the technocratic-epistocratic perspective in which social goals are defined by an aggregated social function and experts simply provide the means to attain them. The authors argue that individualism, freedom of choice, and freedom of association have deep implications on how we design, manage and assess our public governance arrangements. The book examines the knowledge and incentive problems associated with bureaucratic public administration while contrasting it with democratic governance. This is a sophisticated, timely and important contribution that many will find interesting: economists, political scientists and policymakers. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in China. He is the co-convener of the EAEPE's permanent track on Co-operative economy and collective ownership.
Today I spoke with Professor Peter J. Boettke, co-author of Public Governance and the Classical-Liberal Perspective (Oxford University Press, 2019) with Paul Dragos Aligica and Vlad Tarko. Dr Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. In our conversation we defined the disciplines of Public Choice and Public Administration and we named the key actors of a very long intellectual debate. We discussed the practical relevance (for policymakers and taxpayers) of this debate in economics and we also addressed contemporary issues such as the management of the Covid-19 crisis and the institutional architecture of police forces in the USA. The book is divided into three parts: Part I: A Distinctive Perspective on Governance: The Building Blocks; Part II: Public Choice and Public Administration: The Confluence; Part III: Framing the Applied Level: Themes, Issue Areas, and Cases. The book challenges some of the most ingrained views about an important intellectual tradition in political and administrative sciences thinking. It aims to demonstrate that there are alternative ways of defending democracy and liberal open societies in a theoretically sophisticated and feasible way. Building on the political economy principles underpinning the works of diverse authors such as Friedrich Hayek, James Buchanan and Vincent and Elinor Ostrom, this book challenges the technocratic-epistocratic perspective in which social goals are defined by an aggregated social function and experts simply provide the means to attain them. The authors argue that individualism, freedom of choice, and freedom of association have deep implications on how we design, manage and assess our public governance arrangements. The book examines the knowledge and incentive problems associated with bureaucratic public administration while contrasting it with democratic governance. This is a sophisticated, timely and important contribution that many will find interesting: economists, political scientists and policymakers. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in China. He is the co-convener of the EAEPE’s permanent track on Co-operative economy and collective ownership. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today I spoke with Professor Peter J. Boettke, co-author of Public Governance and the Classical-Liberal Perspective (Oxford University Press, 2019) with Paul Dragos Aligica and Vlad Tarko. Dr Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. In our conversation we defined the disciplines of Public Choice and Public Administration and we named the key actors of a very long intellectual debate. We discussed the practical relevance (for policymakers and taxpayers) of this debate in economics and we also addressed contemporary issues such as the management of the Covid-19 crisis and the institutional architecture of police forces in the USA. The book is divided into three parts: Part I: A Distinctive Perspective on Governance: The Building Blocks; Part II: Public Choice and Public Administration: The Confluence; Part III: Framing the Applied Level: Themes, Issue Areas, and Cases. The book challenges some of the most ingrained views about an important intellectual tradition in political and administrative sciences thinking. It aims to demonstrate that there are alternative ways of defending democracy and liberal open societies in a theoretically sophisticated and feasible way. Building on the political economy principles underpinning the works of diverse authors such as Friedrich Hayek, James Buchanan and Vincent and Elinor Ostrom, this book challenges the technocratic-epistocratic perspective in which social goals are defined by an aggregated social function and experts simply provide the means to attain them. The authors argue that individualism, freedom of choice, and freedom of association have deep implications on how we design, manage and assess our public governance arrangements. The book examines the knowledge and incentive problems associated with bureaucratic public administration while contrasting it with democratic governance. This is a sophisticated, timely and important contribution that many will find interesting: economists, political scientists and policymakers. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in China. He is the co-convener of the EAEPE’s permanent track on Co-operative economy and collective ownership. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today I spoke with Professor Peter J. Boettke, co-author of Public Governance and the Classical-Liberal Perspective (Oxford University Press, 2019) with Paul Dragos Aligica and Vlad Tarko. Dr Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. In our conversation we defined the disciplines of Public Choice and Public Administration and we named the key actors of a very long intellectual debate. We discussed the practical relevance (for policymakers and taxpayers) of this debate in economics and we also addressed contemporary issues such as the management of the Covid-19 crisis and the institutional architecture of police forces in the USA. The book is divided into three parts: Part I: A Distinctive Perspective on Governance: The Building Blocks; Part II: Public Choice and Public Administration: The Confluence; Part III: Framing the Applied Level: Themes, Issue Areas, and Cases. The book challenges some of the most ingrained views about an important intellectual tradition in political and administrative sciences thinking. It aims to demonstrate that there are alternative ways of defending democracy and liberal open societies in a theoretically sophisticated and feasible way. Building on the political economy principles underpinning the works of diverse authors such as Friedrich Hayek, James Buchanan and Vincent and Elinor Ostrom, this book challenges the technocratic-epistocratic perspective in which social goals are defined by an aggregated social function and experts simply provide the means to attain them. The authors argue that individualism, freedom of choice, and freedom of association have deep implications on how we design, manage and assess our public governance arrangements. The book examines the knowledge and incentive problems associated with bureaucratic public administration while contrasting it with democratic governance. This is a sophisticated, timely and important contribution that many will find interesting: economists, political scientists and policymakers. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in China. He is the co-convener of the EAEPE’s permanent track on Co-operative economy and collective ownership. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today I spoke with Professor Peter J. Boettke, co-author of Public Governance and the Classical-Liberal Perspective (Oxford University Press, 2019) with Paul Dragos Aligica and Vlad Tarko. Dr Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. In our conversation we defined the disciplines of Public Choice and Public Administration and we named the key actors of a very long intellectual debate. We discussed the practical relevance (for policymakers and taxpayers) of this debate in economics and we also addressed contemporary issues such as the management of the Covid-19 crisis and the institutional architecture of police forces in the USA. The book is divided into three parts: Part I: A Distinctive Perspective on Governance: The Building Blocks; Part II: Public Choice and Public Administration: The Confluence; Part III: Framing the Applied Level: Themes, Issue Areas, and Cases. The book challenges some of the most ingrained views about an important intellectual tradition in political and administrative sciences thinking. It aims to demonstrate that there are alternative ways of defending democracy and liberal open societies in a theoretically sophisticated and feasible way. Building on the political economy principles underpinning the works of diverse authors such as Friedrich Hayek, James Buchanan and Vincent and Elinor Ostrom, this book challenges the technocratic-epistocratic perspective in which social goals are defined by an aggregated social function and experts simply provide the means to attain them. The authors argue that individualism, freedom of choice, and freedom of association have deep implications on how we design, manage and assess our public governance arrangements. The book examines the knowledge and incentive problems associated with bureaucratic public administration while contrasting it with democratic governance. This is a sophisticated, timely and important contribution that many will find interesting: economists, political scientists and policymakers. Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in China. He is the co-convener of the EAEPE’s permanent track on Co-operative economy and collective ownership. Learn more about your ad choices. Visit megaphone.fm/adchoices
If you think economics is boring or uninteresting, then you really need to listen to economist Peter Boettke in this fascinating conversation with Ray Keating. Boettke has written a wonderful book – The Four Pillars of Economic Understanding – (among others) and has dedicated his career to teaching and getting people jazzed about economics. This is a great introduction or refresher on how to think the economic way.Some other books by Pete Boettke: F. A. Hayek: Economics, Political Economy and Social Philosophy and Living Economics: Yesterday, Today, and Tomorrow.Ray Keating’s Free Trade Rocks! 10 Points on International Trade Everyone Should Know is available at Amazon in paperback or for the Kindle edition, and signed books at www.raykeatingonline.com. Order Ray Keating’s new book Behind Enemy Lines: Conservative Communiques from Left-Wing New York – signed books or at Amazon. Read Keating’s latest columns on a wide range of issues at www.KeatingFiles.com. Sign up for Ray Keating’s email list at www.raykeatingonline.com/contact.Please take a look at all of Keating’s Pastor Stephen Grant novels, which are available in paperback and for the Kindle at Amazon.com, and signed books at www.raykeatingonline.com. Check out www.DisneyBizJournal.com.And check out business and career lessons from nerds via “Chuck” vs. the Business World: Business Tips on TV at Amazon and signed books.
Dr. Peter Boettke joins us to discuss the enduring lessons of Nobel Prize-winning economist F.A. Hayek. Sharing insights from his recent book, "F. A. Hayek: Economics, Political Economy and Social Philosophy," Dr. Boettke contemplates how Hayek would approach some of the modern issues of today such as the popularity of democratic socialism and the COVID-19 pandemic. As a college professor of economics, including many years as a TFAS professor in our Prague program, Dr. Boettke shares how he reaches young people with Hayek's lessons and helps them to understand that these principles hold true today.Dr. Boettke is a University Professor of Economics and Philosophy at George Mason University, as well as the Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, and the BB&T Professor for the Study of Capitalism at the Mercatus Center. This episode was recorded on Friday, May 22. Support the show (https://www.TFAS.org/Support)
De fleste gennemgange af økonomiens teorihistorie slutter med Keynes' død. Det gør vores også. Næsten. Vi tager også et temaafsnit om Chicago-økonomerne. Inden vi kommer så langt, vil jeg i dagens afsnit lave et lille eksperiment. Jeg vil komme med et meget kort overslag over nogle af de vigtige teoretiske udviklinger indenfor økonomi fra 1946 og frem til nu. Det er et eksperiment, fordi jeg udelukkende bruger min egen hukommelse med en forudsætning om, at jeg må have huske noget af det væsentligste. Der er sikkert meget, der er glemt, men i hvert fald kommer vi igennem as-if-economics, adfærdsøkonomi, eksperimenter, entreprenørens genfødsel og meget mere. Der er sikkert noget, som jeg har glemt, men så vil det med garanti blive dækket i næste sæson, hvor jeg og min nye medvært Otto Brøns vil tale om alle nobelprismodtagerne i rækkefølge. Glæd dig! Har du nogensinde tænkt over, hvad økonomi er for en videnskab? Hvordan opstod den, og hvem var dens grundlæggere? Eller har du interesseret dig for moderne diskussioner om samfundet, herunder ulighed, ressourceforbrug eller konkurrence? Hvis dette er tilfældet, er økonomiens teorihistorie vigtig og nyttig for dig. Den type af diskussioner er nemlig mindst lige så gammel som den økonomiske videnskab selv, og du vil i dens rødder også finde rødderne til de moderne argumenter. Til dagens afsnit har jeg læst: Artinger, F., Petersen, M., Gigerenzer, G., & Weibler, J. (2015). Heuristics as Adaptive Decision Strategies in Management. Journal of Organizational Behavior, s. 33-52. Becker, G. S. (1993). The Economic Way of Looking at Behavior. Journal of Political Economy, s. 385-409. Boettke, P. (2017). Don't Be a "Jibbering Idiot": Economic Principles and the Properly Trained Economist. The Journal of Private Enterprise, s. 9-15. Bruni, L., & Sugden, R. (2007). The Road Not Taken: How Psychology Was Removed From Economics, and How It Might Be Brought Back. The Economic Journal, s. 146-173. Camerer, C. (1999). Behavioral Economics: Reunifying Psychology and Economics. Proceedings of the National Academy of Sciences of the USA, s. 10575-10577. Coase, R. (1937). The Nature of the Firm. Economica, s. 386-405. Conlisk, J. (1996). Why Bounded Rationality? Journal of Economic Literature, s. 669-700. De Martino, B., Kumaran, D., Seymour, B., & Dolan, R. J. (2006). Frames, Biases, and Rational Decision-Making in the Human Brain. Science, s. 684-687. Friedman, M. (1953). Essays in Positive Economics. Chicago: University of Chicago Press. Gul, F., & Pesendorfer, W. (2008). The Case for Mindless Economics. The Foundations of Positive and Normative Economics, s. 3-42. Hayek, F. A. (1948). Individualism and Economic Order. Chicago: University of Chicago Press. Kahneman, D., & Tversky, A. (1979). Prospect Theory: An Analysis of Decisions Under Risk. Econometrica, s. 263-291. Kirzner, I. M. (1973). Competition and Entrepreneurship. Chicago: The University of Chicago Press. Shane, S., & Venkataraman, S. (2000). The Promise of Entrepreneurship as a Field of Research. Academy of Management Review, s. 217-226. Smith, V. L. (2003). Constructivist and Ecological Rationality in Economics. The American Economic Review, s. 465-508. Todd, P. M., & Gigerenzer, G. (2007). Environments That Makes Us Smart: Ecological Rationality. Current Directions in Psychological Science, s. 167-171. Williamson, O. (1996). Economics and Organization: A Primer. California Management Review, s. 131-146. I like to dedicate this season to my teachers Ole Bruus and Bruce Caldwell. All mistakes and mispronunciations are mine alone and no fault of theirs.
Har du nogensinde tænkt over, hvad økonomi er for en videnskab? Hvordan opstod den, og hvem var dens grundlæggere? Eller har du interesseret dig for moderne diskussioner om samfundet, herunder ulighed, ressourceforbrug eller konkurrence? Hvis dette er tilfældet, er økonomiens teorihistorie vigtig og nyttig for dig. Den type af diskussioner er nemlig mindst lige så gammel som den økonomiske videnskab selv, og du vil i dens rødder også finde rødderne til de moderne argumenter. I dagens afsnit starter jeg med en lille omvej. I den fortæller jeg lidt om, hvad der menes med skoler indenfor økonomisk tænkning. Herefter skal vi til et af de øjeblikke, som videnskabshistorikere finder ekstra spændende. Nemlig et teoretisk undfangelsesøjeblik. Et tidspunkt hvor en stor og varig indsigt om verden gøres. En indsigt som har enorme intellektuelle konsekvenser. I dette tilfælde; marginalnytte revolutionen. Marginalnytte revolutionen handler om, at selvom noget koster det samme, så er værdien ikke ens. Er jeg tørstig, har det stor værdi for mig at slukke min tørst, og jeg køber måske en flaske vand. Men når jeg først har fået slukket tørsten, så er en flaske med samme tørstslukkende indhold pludselig ikke meget værd for mig. Det er marginal nytte og subjektiv værdilære. Det der er særligt spændende ved denne indsigt er, at den gøres samtidigt, men uafhængigt af tre forskellige økonomer, og dem vil jeg fortælle dig om. Jeg vil fortælle dig om Carl Menger som grundlægger den østrigske skole og dens berømte Methodenstreit.Franskmanden Léon Walras som inspirerer til velfærdsøkonomi og William Stanley Jevons der ligeledes bliver instrumental i, hvad der i dag kendes som mikroøkonomi. Til dagens afsnit har jeg læst: Blaug, M. (1972). Was There a 'Marginal Revolution'? History of Political Economy, 269-280. Boettke, P. J. (2012). Living Economics: Yesterday, Today, and Tomorrow. Oakland: The Independent Institute. Caldwell, B. (2004). Hayek's Challenge: An Intellectual Biography of F. A. Hayek. Chicago: University of Chicago Press. Mirowski, P. (1984). Physics and the 'Marginalist Revolution'. Cambridge Journal of Economics, 361-379. Weintraub, E. R. (2002). Burn the Mathematcs (Tripos). In E. R. Weintraub, How Economics Became a Mathematical Science (pp. 9-42). Durham: Duke University Press. I like to dedicate this season to my teachers Ole Bruus and Bruce Caldwell. All mistakes and mispronunciations are mine alone and no fault of theirs.
Har du nogensinde tænkt over, hvad økonomi er for en videnskab? Hvordan opstod den, og hvem var dens grundlæggere? Eller har du interesseret dig for moderne diskussioner om samfundet, herunder ulighed, ressourceforbrug eller konkurrence? Hvis dette er tilfældet, er økonomiens teorihistorie vigtig og nyttig for dig. Den type af diskussioner er nemlig mindst lige så gammel som den økonomiske videnskab selv, og du vil i dens rødder også finde rødderne til de moderne argumenter. Nu er vi kommet til en markant herre. Karl Marx grundlæggeren af kommunisme. I dagens afsnit tager jeg primært udgangspunkt i Marx potentielle betydning for økonomisk videnskab. Det gør jeg ved at fortælle om hans liv og tit konfliktfyldte forhold til andre mennesker, jeg dykker ned i hans teorier om historisk determinisme, merværdi og arbejdsværdilærer mm. Jeg slutter afsnittet med lidt overvejelser om Marx's arv i dag. Marx og særligt hans ”isme” er tit fremhævet som enten en forbryderideologi der bringer død og ødelæggelse, eller som et befriende heltekvad og analytisk nedslagtning af udbyttersamfundet. Få personer i sådanne debatter har faktisk læst Marx. Det synes jeg du skylder dig selv at gøre, ligegyldigt hvor du står. Til dagens afsnit har jeg læst: Boettke, P. J. (2012). The Forgotten Contribution: Murray Rothbard on Socialism in Theory and Practice. I P. J. Boettke, Living Economics: Yesterday, Today, and Tomorrow. Oakland: The Independent Institute. Mises, L. v. (2016). Economic Calculation in the Socialist Commonwealth. Morrisville: Lulu Press, Inc. Pedersen, T. M. (2019). Karl Marx' bidrag til økonomi, sociologi og historiefilosofi. København: CEPOS. Solzhenitsyn, A. (2002). The Gulag Archipelago 1918-1956. New York: HarperCollins Tucker, R. (1978). The Marx-Engels Reader. New York: Norton. Her har jeg primært læst: ”Preface to A Contribution to the Critique of Political Economy” (1859), pp. 3-6. “The Communist Manifesto”, pp. 473- 500. “Socialism: Utopian and Scientific”, pp. 681-717. ”Das Kapital”, pp. 351-61 & pp. 419-31. I like to dedicate this season to my teachers Ole Bruus and Bruce Caldwell. All mistakes and mispronunciations are mine alone and no fault of theirs.
Har du nogensinde tænkt over, hvad økonomi er for en videnskab? Hvordan opstod den, og hvem var dens grundlæggere? Eller har du interesseret dig for moderne diskussioner om samfundet, herunder ulighed, ressourceforbrug eller konkurrence? Hvis dette er tilfældet, er økonomiens teorihistorie vigtig og nyttig for dig. Den type af diskussioner er nemlig mindst lige så gammel som den økonomiske videnskab selv, og du vil i dens rødder også finde rødderne til de moderne argumenter. Til dagens afsnit har jeg læst: Boettke, P. J. (2012). Living Economics. Oakland: Independent Institute. Davies, R. (2019). Extreme Economies: Survival, Failure, Future-Lessons from the World's Limits. New York: Random House. Follett, K. (1989). The Pillars of the Earth. New York: Penguin Random House. Follett, K. (2007). World Without End. New York: Penguin Random House. Frankopan, P. (2019). The New Silk Roads: The Present and Future of the World. New York: Knopf. Varberg, J., Grautze, B., & Kaul, F. (2014). Glasvejen. Skalk. Hayek, F. A. (1948). Individualism and Economic Order. Chicago: University of Chicago Press. Hayek, F. A. (1978). Law, Legislation, and Liberty. Chicago: University of Chicago Press. Leeson, P. T. (2012). Ordeals. The Journal of Law and Economics, 691-714. Marwick, B. (2003). Pleistocene Eschange Network as Evidence for the Evolution of Language. Cambridge Archaeological Journal, 67-81. I like to dedicate this season to my teachers Ole Bruus and Bruce Caldwell. All mistakes and mispronunciations are mine alone and no fault of theirs.
Dr. Boettke finishes his conversation with us from last time. We discuss the personal bonds between many GMU economics faculty. We talk about Hayek and his influence on economists. Are GMU economics professors ideologically biased? Dr. Boettke gives his answer. We also talk about college basketball. More great conversation with Dr. Boettke -- we promise you'll learn something you didn't know before and laugh along the way. Marcus Shera cohosts.
Dr. Peter Boettke joins the podcast to talk about the history of GMU economics. He discusses his days as an undergraduate student at Grove City College and as a graduate student here at GMU. We learn who the major professors were back then and how the campus has grown to its present size. We talk college basketball and the Nobel Prize. We also learn who told Dr. Boettke to "wear a proper pair of trousers." This episode is full of fun stories from Dr. Boettke's life in economics, and it's only Part 1. Stay tuned for Part 2 next Friday. Marcus Shera cohosts.
Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies.
Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today I spoke with professor Peter J. Boettke the author of a great new book on Friedrich August von Hayek. Dr. Boettke is University Professor of Economics and Philosophy, Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, at George Mason University, USA. F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave Macmillan, 2018) explores the life and work of Austrian-British economist, political economist, and social philosopher, Friedrich Hayek. Professor Boettke correctly argues that: ‘There is certainly little doubt that Hayek was among the most prodigious classical liberal scholars of the twentieth century. Though his 1974 Nobel Prize was in Economic Science, his scholarly endeavors extended well beyond economics.' Peter argued that his political influence (Thatcher, Reagan...) is overemphasized because '...his relationships with those in political power was remote at best as Hayek was never a political consultant to any leader in power; he was always a critical scholar who tried to speak truth to power from the outside.' Andrea Bernardi is Senior Lecturer in Employment and Organization Studies at Oxford Brookes University in the UK. He holds a doctorate in Organization Theory from the University of Milan, Bicocca. He has held teaching and research positions in Italy, China and the UK. Among his research interests are the use of history in management studies, the co-operative sector, and Chinese co-operatives. His latest project is looking at health care in rural China. He is the co-convener of the EAEPE’s permanent track on Critical Management Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
On this episode of the Hayek Program Podcast, we begin the spring semester with a book panel discussion of Public Governance and the Classical-Liberal Perspective written by Paul Dragos Aligica, Peter J. Boettke, and Vlad Tarko. Peter Boettke began the discussion with an overview of the book and the ongoing debate about governance generated by the recent populist and paternalist challenges to democracy and liberalism. Then Eileen Norcross, Vice President of Policy Research at the Mercatus Center at George Mason University, and Justin Ross, an Associate Professor at the School of Public and Environmental Affairs at Indiana University, Bloomington provide commentary on the book. CC Music: Twisterium
Think all college professors are socialists? You’re in for a shock with guests Peter Boettke and John B. Taylor, professors of economics at George Mason University and Stanford University. Matt Kibbe asks tough questions on how we can educate young people and reclaim words like “liberalism,” “democracy,” and “capitalism.” The three discuss influencers like Milton Friedman, Friedrich Hayek, Adam Smith, and the mysterious Mont Pelerin Society. Subscribe to Kibbe on Liberty on iTunes, Google Play, Spotify, YouTube, or anywhere you get podcasts.
On today's show John has a conversation with George Mason University Professor of Economics and Philosophy Peter J. Boettke. In George Mason's Mercatus Center, Boettke holds the positions of Vice President of Advanced Study and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics. The conversation tracks Peter's impressive career in economics as the two dig into the economic ideas and figures that he's studied along the way. John and Peter also take a dive into the great debate between capitalism and socialism through the perspectives of Karl Marx and Ludwig Von Mises. More from our guest: Website Twitter Mercatus Center Bio Wikipedia Google Scholar Citations Amazon Author Page References from this episode: Free to Choose by Milton & Rose Friedman Rivalry and Central Planning by Don Lavoie From Marx to Mises by David Ramsay Steele Karl Marx and the Close of His System by Rudolf Hilferding & Eugen von Böhm-Bawerk Enlightenment Now by Steven Pinker Factfulness by Hans Rosling Power and Knowledge by Michel Foucault
On this episode of the Hayek Program Podcast we revisit a lecture by Hayek Program director Peter Boettke, in which he invites listeners on an intellectual exploration of the potential applications of the mainline economic tradition. Boettke discusses the continuing relevance of the Austrian school of economics as a progressive and enduring research program in contemporary economics and political economy and encourages young economists to engage the economic profession with a humble sense of curiosity and intrigue. CC Music: Twisterium
How did F.A. Hayek influence the course of economic history? What is the fate of his liberal project in the 21st century? Are we on the road to serfdom? Tune in to the latest episode of the Governance Podcast featuring Professors Mark Pennington and Peter Boettke. Subscribe on iTunes and Spotify Subscribe to the Governance Podcast on iTunes and Spotify today and get all our latest episodes directly in your pocket. Follow Us For more information about our upcoming podcasts and events, follow us on facebook or twitter (@csgskcl). The Guest Peter Boettke is a University Professor of Economics and Philosophy at George Mason University, the BB&T Professor for the Study of Capitalism, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. As a teacher, Boettke is dedicated to cultivating enthusiasm for the economic way of thinking and the importance of economic ideas in future generations of scholars and citizens. He is also now the co-author, along with David Prychitko, of the classic principles of economics texts of Paul Heyne's The Economic Way of Thinking (12th Edition, Prentice Hall, 2009). His efforts in the classroom have earned him a number of distinctions including the Golden Dozen Award for Excellence in Teaching from the College of Arts and Sciences at New York University and the George Mason University Alumni Association's 2009 Faculty Member of the Year award. In 2005, Boettke received the Charles Koch Distinguished Alumnus award from the Institute for Humane Studies and the Jack Kennedy Award for Alumni Achievement from Grove City College. Boettke was the 2010 recipient of the Association of Private Enterprise Education's Adam Smith Award as well as George Mason University's College of Humanities and Social Sciences Distinguished Alumnus of the Year Award. In 2012, Boettke received a doctorate honoris causa in Social Sciences from Universidad Francisco Marroquin. In 2013, Dr. Boettke received his second honorary doctorate from Alexandru Ioan Cuza University in Romania. Dr. Boettke served as President of the Southern Economics Association from 2015 - 2017 and President of the Mont Pelerin Society from 2016 - 2018. He also is the Editor of the Review of Austrian Economics and the Associate Editor of the Journal of Economic Behavior & Organization. Skip Ahead 0:50: Why did you decide to write this new book about Hayek? 5:10: It's interesting that you divide Hayek's work into four phases: Phase 1 is economics as a coordination problem… Phase 2 is the abuse of reason project… Phase 3 is the liberal principles of justice… and Phase 4, where he is addressing these concerns of cultural evolution. The book focuses on the first three phases—why did you decide to break the book down this way? 13:20: I think the common core of those three phases is the idea of Hayek developing epistemic institutionalism… what do you mean by this term? 17:44: Reading Hayek over the years, the idea of ignorance has always struck me as absolutely essential to his project- the idea that agents are not fully rational, that they stumble around in the world, they are purposeful, and they have limited information processing powers. And what we have to do is think about how institutions enable them to cope and to learn in these very non-ideal circumstances. 18:55: Why do you think there are so many misconceptions about what Hayek actually said? You'll repeatedly hear people say that Hayek's case for the market assumes that agents are fully rational or fully informed—or if they're not fully informed, the price system acts as a surrogate for perfect information. 24:08: To push back on the way economics is taught, I definitely agree that if you look at the dominant textbooks, market failure is a dominant theme. I think that what some people in that movement are suggesting… is the idea that the economist's model, the 101 model, starts from the assumption of there being some kind of a market, and then you talk about there being market failures which the government might correct. But the idea that the market is the primary mechanism of resource allocation is taken as given. What Knight and Johnson say is that you shouldn't start with any presumption in favour of anything- a market or anything else… Institutions should be more about negotiating that uncertainty. The Econ 101 model doesn't really recognize that problem. Is that a fair argument? 27:18: Hayek's argument is that, in a democratic, pluralistic society, we are not going to be able to agree on ends… so the only thing we can agree on is the means by which we interact with each other. [What if we disagree on the means, too?] 31:04: Let me ask you a little about Elinor Ostrom. One of the characterizations you get of Hayek goes something like this: he made very important arguments based on the limits to human knowledge that a broadly competitive market system helps people overcome those limitations more effectively than some kind of top down or centrally planned economy. There are many people now across the political spectrum who would accept at least part of that argument… but they would then say, for example, that we've learned from people like Elinor Ostrom that there's more to economic allocation than markets and states. 42:36: The Hayekian critique of the central planner is that the planner can't have access to the information which needs to feed into prices… the Ostrom argument which is analogous is that a central rule-maker can't frame rules to overcome collective action problems given that the circumstances of time and place which affect those collective action problems on the ground are radically dispersed across many different sorts of agents… so you need to have something like a discovery mechanism. 48:15: In the same way that Hayek sees competition between firms as a kind of discovery procedure where firms can copy the successful models and avoid the failing ones-- likewise in a polycentric order where we've got multiple decision centres which are public entrepreneurs, if you like, who are trying to cope with collective action problems in different ways, the different localities can observe what other localities are doing to try to learn themselves how to adapt to their own particular condition. 52:38: You mentioned that reconstructing the liberal project is a key part of… Hayek's work. If we're thinking about today's world, many people would argue that that project, in so far as it has been implemented (or attempted), is actually collapsing. We've got declining faith in free trade, protectionism is on the rise, we have a much greater scepticism of markets of any time in the last 30-40 years. Is there anything in Hayek's attempt in that 1960-80 period… that can help us address these problems? 1h:02: One mechanism to deal with our human divisions is democracy. The problem there is that people like myself think that cosmopolitanism is wonderful and we embrace creative destruction… but there are others who see creative destruction as the destruction of their identity.
Widely considered as one the most influential economists of the 20th century, F. A. Hayek continues to command the attention of scholars with his life and work. On this episode, Peter Boettke and Rosolino Candela sit down to discuss Boettke's new book F. A. Hayek: Economics, Political Economy and Social Philosophy (Palgrave, 2018). Boettke presents this new book as focusing less on Hayek as an individual and more on Hayekian ideas. Throughout the discussion Boettke and Candela examine Hayek's uniting theme of epistemic institutionalism, the competitive market process, and how Hayek's contemporaries picked up on his work. They also discuss the limitations of 'Big Data' to answer the important questions of social science. These Hayekian ideas, Boettke and Candela contend, are still as pressing and worthy of research today. CC Music: Twisterium
Peter Boettke sits down with Richard Wagner to revisit some of Wagner's works on the theories of James Buchanan, political economy, and fiscal sociology. Wagner discusses his treatment of Buchanan in 'James M. Buchanan and Liberal Political Economy' in comparison to Boettke's treatment of Hayek in 'F. A. Hayek: Economics, Political Economy and Social Philosophy,' and the pair take a peek at Wagner's forthcoming work on macroeconomics. CC Music: Twisterium
The project of F. A. Hayek had its historical context, and it’s worth exploring. Peter J. Boettke is author of F.A. Hayek: Economics, Political Economy and Social Philosophy. See acast.com/privacy for privacy and opt-out information.
Voters will have several chances to amend North Carolina’s state constitution when they head to the polls in November. Becki Gray, John Locke Foundation senior vice president, discusses the proposed constitutional amendments and how they might shape the future of state government. Free trade has taken hits from politicians in both parties in recent years. Economist Peter Boettke of George Mason University explains why that should disappoint anyone who’s interested in promoting economic growth. Boettke contends that advocates of free trade need to develop new arguments to convince skeptical voters. The N.C. General Assembly recently approved the HOPE Act as the latest tool in the fight against opioid abuse. But critics worry about the potential impact on personal privacy rights. One key provision gives law enforcement agencies easier access to some medical records. You’ll hear highlights from N.C. House debate on the issue. The late U.S. Sen. Jesse Helms spent much of his time on Capitol Hill focusing on national security. It’s no surprise that an event in Raleigh marking the 30th anniversary of the Jesse Helms Center featured remarks dedicated to security issues. Former Helms staffer Danielle Pletka, now the senior vice president for foreign and defense policy studies at the American Enterprise Institute, quoted her former boss as she took stock of today’s top security challenges. State lawmakers are enlisting the help of N.C. Superintendent of Public Instruction Mark Johnson as they look for ways to cut the number of standardized tests in the state’s public schools. Terry Stoops, John Locke Foundation vice president for research, assesses the increased emphasis on cutting down the number of unnecessary or duplicative tests in school.
In Applied Mainline Economics, authors Peter J. Boettke and Matthew D. Mitchell provide some thoughts of particular use to the young economist. See acast.com/privacy for privacy and opt-out information.
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.
The Legatum Institute's Economics of Prosperity programme hosted a breakfast discussion with Peter Boettke, one of the world’s most prominent Austrian economists. In this short clip, the Legatum Institute's Shanker Singham, Boettke discusses the US elections (in particular, the rise of populist candidates such as Bernie Sanders and Donald Trump), the issue of inequality and economic distortion, which Boettke believes has come about because of the crony capitalism that has been spawned by a regulatory system that is captured by the elites, and why 'innovation' could be the 'magic bullet' for improving human capital.
Pete Boettke of George Mason University talks with EconTalk host Russ Roberts about the political and economic lessons he has learned as program director of research in the aftermath of Hurricane Katrina. In this wide-ranging conversation, Boettke discusses the role of civil society, the barriers to recovery that have hampered New Orleans and what worked well as people and institutions responded to tragedy and devastation.
This week we are joined by Peter J. Boettke, who explains this history and tenets of the Austrian tradition in economics. Boettke traces the school’s history from Carl Menger through Eugen Böhm-Bawerk and Joseph Schumpeter, Ludwig von Mises, Friedrich Hayek, and Murray Rothbard to contemporary economists such as Israel Kirzner, Vernon Smith, and Mario Rizzo. He explains what Austrian economics does and does not do, and distinguishes between what he calls “mainline” economics and “mainstream” economics.What distinguishes Austrian economics from other schools of thought in economics? How did the Austrian school come to be known as the free market school?Show Notes and Further ReadingPeter J. Boettke, Living Economics: Yesterday, Today, and Tomorrow (book) See acast.com/privacy for privacy and opt-out information.
Peter Boettke of George Mason University talks with EconTalk host Russ Roberts about his book, Living Economics. Boettke argues for embracing the tradition of Smith and Hayek in both teaching and research, arguing that economics took a wrong turn when it began to look more like a branch of applied mathematics. He sees spontaneous order as the central principle for understanding and teaching economics. The conversation also includes a brief homage to James Buchanan who passed away shortly before this interview was recorded.
Peter Boettke of George Mason University talks with EconTalk host Russ Roberts about his book, Living Economics. Boettke argues for embracing the tradition of Smith and Hayek in both teaching and research, arguing that economics took a wrong turn when it began to look more like a branch of applied mathematics. He sees spontaneous order as the central principle for understanding and teaching economics. The conversation also includes a brief homage to James Buchanan who passed away shortly before this interview was recorded.
Peter Boettke of George Mason University talks with EconTalk host Russ Roberts about his book, Living Economics. Boettke argues for embracing the tradition of Smith and Hayek in both teaching and research, arguing that economics took a wrong turn when it began to look more like a branch of applied mathematics. He sees spontaneous order as the central principle for understanding and teaching economics. The conversation also includes a brief homage to James Buchanan who passed away shortly before this interview was recorded.
Professor de Teoria Geral do Estado e Ciências Políticas no curso de direito na Pontifícia Universidade Católica de São Paulo (PUC-SP), mestrando em Filosofia e Teoria Geral do Direito na Universidade de São Paulo e sócio da G2G, empresa na área de software, André Ichiro procura utilizar as teorias liberais e a Escola Austríaca para analisar o pensamento jurídico e as concepções sobre o estado. No ensaio Os Limites do Estado, publicado no portal Libertarianismo, Ichiro tenta identificar e analisar os limites do estado trazendo ao debate teorias da Escola Austríaca, do direito, do empreendedorismo, do comportamento. Em entrevista a este Podcast, ele explicou que limites seriam estes e os autores (Mises, Hayek, Rothbard, Ikeda, Rizzo, P. O?Driscoll, Boettke, Niklas, Luhmann, Tucker, Kinsella, Horwitz entre outros) e argumentos que utilizou para identificá-los e investigá-los. Segundo Ichiro, que trabalhou no mercado financeiro durante cinco anos, o estado antigamente agia em nome próprio, o que significa que ele privilegiava a sua própria ação. "Hoje em dia, (...) a principal estratégia, e a mais inovadora deste século, talvez seja a privatização de um setor seguida da regulação intensa. Tem a ver com aquela ideia que o Ikeda fala e que serve mais para expandir o tamanho do estado, que vai delegar certas funções para agentes privados, só que vai regular o ambiente em que esses agentes privados atuam, ao contrário do tipo de ação dominante do estado dos outros séculos." A respeito das intervenções como um dos instrumentos de política pública, Ichiro explicou que o estado conseguiu combinar três tipos de intervenções. "O estado se vale de intervenções autistas, de intervenções binárias, de intervenções triangulares. É difícil falar se o estado se vale de uma mais do que de outras, mas me parece que ele faz um conjunto dessas três intervenções e vai fazendo diferentes combinações dessas intervenções utilizando sempre ferramentas distintas." Sobre o mundo jurídico brasileiro, e o ambiente acadêmico em particular, Ichiro afirma que "as faculdades de direito hoje têm muito a ver com uma cartilha de como intervir. Infelizmente, os juristas de hoje em dia bebem bastante dessa episteme intervencionista e estatista, não de um modo crítico, mas sim de um modo amigável com essa visão burocrática e centralizadora." Considerando que os argumentos apresentados ao longo da conversa pressupunham a existência do estado e de uma democracia, perguntei a Ichiro a posição dele sobre o argumento de Hans-Hermann Hoppe de que a democracia falhou. A resposta pode ser ouvida neste Podcast do Mises Brasil.
We continue our interview with Professor Peter Boettke of George Mason University. In this half of the interview, Professor Boettke talks about Keynes, the history of Keynesian policy, and the necessity for economists to be effective communicators of their research in a continued discussion of his new book, Living Economics. Visit www.kosmosonline.org for more interviews with classical liberal professors and career advice for young academics.
Jeanne Hoffman interviews Professor Peter Boettke of George Mason University on his new book Living Economics:Yesterday, Today, and Tomorrow.Professor Boettke talks about some of the thought behind this book, his thoughts on the field of economics, teaching economics, and how he hopes that it will develop into the future.
Pete Boettke of George Mason University talks with EconTalk host Russ Roberts about the life, work, and legacy of Ludwig von Mises. Boettke outlines Mises's most important contributions to economics--business cycle theory, the socialism/calculation debate, and the application of economics to a wide range of behavior beyond the financial. Boettke discusses how Mises fits into the Austrian tradition and how he influenced scholars who came after him. The conversation closes with a discussion of Mises's most important works and suggests which books and articles are most accessible to a beginner who wants to explore Mises's ideas.
Pete Boettke of George Mason University talks with EconTalk host Russ Roberts about the life, work, and legacy of Ludwig von Mises. Boettke outlines Mises's most important contributions to economics--business cycle theory, the socialism/calculation debate, and the application of economics to a wide range of behavior beyond the financial. Boettke discusses how Mises fits into the Austrian tradition and how he influenced scholars who came after him. The conversation closes with a discussion of Mises's most important works and suggests which books and articles are most accessible to a beginner who wants to explore Mises's ideas.
Peter Boettke of George Mason University and author of Challenging Institutional Analysis and Development: The Bloomington School (co-authored with Paul Dragos Aligica), talks with EconTalk host Russ Roberts about the Bloomington School--the political economy of Elinor Ostrom (2009 Nobel Laureate in Economics), Vincent Ostrom, and their students and colleagues at Indiana University. The discussion begins with the empirical approach of Elinor Ostrom and others who have studied the myriad of ways that actual communities have avoided the tragedy of commons. Boettke emphasizes the distinction between privatization vs. informal norms and cultural rules that prevent overuse. The conversation also looks at urban development and the benefits and costs of multiple municipalities vs. a single, large city. Throughout, Boettke embeds the conversation in the Ostroms' interest in how the citizenry can be self-governing and the challenges of implementing local knowledge.
Peter Boettke of George Mason University and author of Challenging Institutional Analysis and Development: The Bloomington School (co-authored with Paul Dragos Aligica), talks with EconTalk host Russ Roberts about the Bloomington School--the political economy of Elinor Ostrom (2009 Nobel Laureate in Economics), Vincent Ostrom, and their students and colleagues at Indiana University. The discussion begins with the empirical approach of Elinor Ostrom and others who have studied the myriad of ways that actual communities have avoided the tragedy of commons. Boettke emphasizes the distinction between privatization vs. informal norms and cultural rules that prevent overuse. The conversation also looks at urban development and the benefits and costs of multiple municipalities vs. a single, large city. Throughout, Boettke embeds the conversation in the Ostroms' interest in how the citizenry can be self-governing and the challenges of implementing local knowledge.
Peter Boettke, of George Mason University, talks with EconTalk host Russ Roberts about the Austrian perspective on business cycles, monetary policy and the current state of the economy.
Peter Boettke, of George Mason University, talks with EconTalk host Russ Roberts about the Austrian perspective on business cycles, monetary policy and the current state of the economy.
Pete Boettke, of George Mason University, talks with EconTalk host Russ Roberts about the origins and tenets of Austrian economics. This is a wonderful introduction to how the so-called Austrian economists look at the world and how they continue to influence economics today.
Pete Boettke, of George Mason University, talks with EconTalk host Russ Roberts about the origins and tenets of Austrian economics. This is a wonderful introduction to how the so-called Austrian economists look at the world and how they continue to influence economics today.
Pete Boettke of George Mason University talks about the role of government and voluntary efforts in relieving suffering during and after a crisis such as Katrina. Drawing on field research he is directing into the aftermath of Hurricane Katrina, Boettke highlights the role of what he calls "civil society"--the informal, voluntary associations we make as individuals with each other to create community.
Pete Boettke of George Mason University talks about the role of government and voluntary efforts in relieving suffering during and after a crisis such as Katrina. Drawing on field research he is directing into the aftermath of Hurricane Katrina, Boettke highlights the role of what he calls "civil society"--the informal, voluntary associations we make as individuals with each other to create community.
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