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Dr. Claudia Kramer didn't find economics - economics found her. In this episode, she shares how from a very young age she began questioning the wealth disparity between West Virginia and Ohio. We also discuss how at the age of 14 she planned to be co-valedictorian with her best friend and why her goal is to make economics more fun for her students. Dr. Claudia Kramer is the Scott L. Probasco Jr. Distinguished Chair of Free Enterprise, Professor of Economics, and Director of the Center for Economic Education at UTC, and Editor for the Journal of Institutional Economics. You can connect with her on LinkedIn, linkedin.com/in/claudia-williamson-kramer-07260012 If you like this episode, we think you'll also like: Charles Wood's Morning Cup (E55) Bridgett Massengill's Morning Cup (E80) Dave Kinzler's Morning Cup (E102) My Morning Cup is hosted by Mike Costa of Costa Media Advisors and produced by SpeakEasy Productions. Subscribe to the weekly newsletter here and be the first to know who upcoming guests are!
My guest today is the always interesting and funny Steve Clowney, a professor of law at the University of Arkansas. He has also worked as a legal consultant in Hawaii, a college admissions officer, and a gravedigger. His main areas of research include zoning regulations, monuments, the history of cities, handwritten wills, and the presence of violence in informal property systems. He joins us today to discuss a paper that I've long admired, Does Commodification Corrupt: Lessons From Paintings And Prostitutes, published in the Seton Hall Law Review. Reading list:Clowney Bio https://law.uark.edu/directory/directory-faculty/uid/sclowney/name/Steve+Clowney/ Clowney, Nationalize Zoning, 72 Kan. L. Rev. (forthcoming) (symposium essay).Clowney, Do Rural Places Matter?, 57 Conn. L. Rev. 1 (forthcoming).Clowney, Anonymous Statues: An Empirical Study of Monuments in One American Neighborhood, 71 Wash. U. J.L. & Pol'y 35 (2023) (symposium essay).Clowney, The White Houses? An Empirical Study of Segregation in the Greek System, 41 Yale L. & Pol'y Rev. 151 (2023).Clowney, Sororities as Confederate Monuments, 105 Ky. L.J. 617 (2020) (symposium essay). Clowney, Does Commodification Corrupt: Lessons From Paintings and Prostitutes, 50 Seton Hal L. Rev. 1005 (2020). Clowney, Should We Buy Selling Sovereignty, 66 Duke L.J. Online 19 (2017). Krawiec Bio https://www.law.virginia.edu/faculty/profile/kdk4q/1181653 Krawiec, Markets, repugnance, and externalities, Journal of Institutional Economics 1–12 (2023).Krawiec, No Money Allowed, 2022 University of Chicago Legal Forum 221–240 (2022).
I'm thrilled today to welcome new friend, Albertina Antognini and old (by which I mean long-time) friend, Susan Appleton. Albertina Antognini is the James E. Rogers Professor of Law at the University of Arizona where she teaches Family Law, Property, Trusts & Estates, and a seminar surveying different legal regimes that shape the contemporary American family. Professor Antognini's work examines the ways that legal rules actively regulate, and in the process define, families. Her research is centrally preoccupied with considering how categories that may appear “natural” are in fact products of law, with the aim of opening them up to a more rigorous critique.Susan Appleton is the Lemma Barkeloo & Phoebe Couzins Professor of Law at Washington University School of Law. She is a nationally known expert in family law and feminist legal theory. Her research, scholarship, and teaching address reproductive justice, parentage, gender, sexualities, and public assistance for families. They join us today to discuss their recent article, Sexual Agreements, published in the Wash. U. Law Review. UVA Law 3L, Laura Habib, co-hosts this episode. Further ReadingAntognini and Appleton, Sexual Agreements, 99 Wash. U. L. Rev. 1807 (2022)Antognini bio https://law.arizona.edu/person/albertina-antogniniAntognini, Nonmarital Contracts, 73 Stan. L. Rev. 67 (2021)Antognini, Nonmarital Coverture, 99 B.U. L. Rev. 2139 (2019)Appleton bio https://law.wustl.edu/faculty-staff-directory/profile/susan-frelich-appleton/Appleton, Sex Positive Feminism's Values in Search of the Law of Pleasure, in The Oxford Handbook of Feminism and Law in the United States (Deborah L. Brake, Martha Chamallas, & Verna Williams eds., 2023).Appleton, Families Under Construction: Parentage, Adoption, and Assisted Reproduction (with D. Kelly Weisberg) (2021).Krawiec bio https://www.law.virginia.edu/faculty/profile/kdk4q/1181653Krawiec, Gametes: Commodification and The Fertility Industry, in Routledge Handbook of Commodification, Routledge, 278–289 (1 ed. 2023).Krawiec, Markets, repugnance, and externalities, Journal of Institutional Economics 1–12 (2022).Krawiec, No Money Allowed, 2022 University of Chicago Legal Forum 221–240 (2022).
Alex speaks with Elias Khalil about the influential ideas of Ibn Khaldun, delving into Khaldun's theories on the rise and fall of civilizations, the nature of political communities, and the importance of solidarity (Asabiyya). Khalil connects these insights to classical liberal thought and the works of Adam Smith, emphasizing Khaldun's impact on understanding political order as a product of social dynamics rather than divine intervention. References 1. "The Muqaddimah: An Introduction to History" by Ibn Khaldun, translated by Franz Rosenthal Link: https://www.amazon.ca/Muqaddimah-Introduction-History-Ibn-Khaldun/dp/0691166285 2. “Ibn Khaldoun and Adam Smith—Two Heroes of the Modern Age.” https://www.adamsmithworks.org/documents/ibnkhaldoun-and-adam-smith (Liberty Fund), 11 November 2020; 3. “Ibn Khaldûn on Property Rights, The Muqaddimah: An Introduction to History.” Journal of Institutional Economics, August 2007, 3:2, pp. 227-238. (It includes a long excerpt (pp. 233-238) from Ibn Khaldûn's The Muqaddimah: An Introduction to History.) http://dx.doi.org/10.1017/S1744137407000677 4. "The Theory of Moral Sentiments" by Adam Smith Link: https://a.co/d/j7XuEp4 5. "The Wealth of Nations" by Adam Smith Link: https://www.amazon.ca/Wealth-Nations-Adam-Smith/dp/1505577128
This week the dialectic explores the Nobel Prize in Economics, awarded to Acemoglu, Johnson, and Robinson for their “contribution to Institutional Analyses” of long-run economic development. We critically examine the claim that “settler colonialism” results in progress and development. Professors Wolff and Azhar discuss how the real economic history of colonized and indigenous peoples rebelled against the “whitewashing” in Acemoglu, Johnson, and Robinson's work. The dialectic revisits the work and contributions of Paul Baran, including his analysis of the historical tendencies within capitalist development, and how it leads to under-development in the Global South. About The Dialectic at Work is a podcast hosted by Professor Shahram Azhar & Professor Richard Wolff. The show is dedicated to exploring Marxian theory. It utilizes the dialectical mode of reasoning, that is the method developed over the millennia by Plato and Aristotle, and continues to explore new dimensions of theory and praxis via a dialogue. The Marxist dialectic is a revolutionary dialectic that not only seeks to understand the world but rather to change it. In our discussions, the dialectic goes to work intending to solve the urgent life crises that we face as a global community. Follow us on social media: X: @DialecticAtWork Instagram: @DialecticAtWork Tiktok: @DialecticAtWork Website: www.DemocracyAtWork.info Patreon: www.patreon.com/democracyatwork
I'm thrilled today to welcome the brilliant and creative Hajin Kim, an Assistant Professor of Law at the University of Chicago. Hajin uses principles from social psychology and economics to study how moral and social influence can shape environmental regulation and firm behavior. She joins us today to discuss her new working paper, Does Paying to Pollute Make Pollution Seem Less Bad? UVA Law 3L, Cyrus Tafti, joins me as co-host on this episode.Hajin received her BA in economics, summa cum laude, from Harvard, her JD from Stanford Law School, and her PhD from Stanford's Emmett Interdisciplinary Program in Environment and Resources. Before attending Stanford, Hajin worked for the Boston Consulting Group. She clerked for Judge Paul Watford of the US Court of Appeals for the Ninth Circuit and Justice Ruth Bader Ginsburg of the US Supreme Court.Further Reading:Hajin Kim bio: https://www.law.uchicago.edu/faculty/kim Hajin Kim, Does Paying to Pollute Make Pollution Seem Less Bad?Hajin Kim, "Does ESG Crowd Out Support for Government Regulation?," Coase-Sandor Institute for Law & Economics Research Paper No. 983(2023) (with Joshua C. Macey & Kristen A. Underhill). ssrn cuHajin Kim, "Expecting Corporate Prosociality," 53 Journal of Legal Studies 267 (2024). wwwHajin Kim, "Financially Equivalent But Behaviorally Distinct? Pollution Tax and Cap-and-Trade Negotiations," 52 The Environmental Law Reporter 10809 (2022) (with K.C. P. Hirsch). wwwKim Krawiec bio: https://www.law.virginia.edu/faculty/profile/kdk4q/1181653 Kimberly D. Krawiec, Markets, repugnance, and externalities, Journal of Institutional Economics 1–12 (2022).Kimberly D. Krawiec, No Money Allowed, 2022 University of Chicago Legal Forum 221–240 (2022).
This episode brings Austrian economics into the gender identity discussion. We get into a lot of messy and fascinating questions about gender, identity, and social structures. Read the paper here: https://cosmosandtaxis.files.wordpress.com/2023/10/malamet_novak_ct_vol11_iss11_12_epub.pdf Mikayla Novak is senior fellow with the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. She is the author of Inequality: An Entangled Political Economy Perspective (2018) and Freedom in Contention: Social Movements and Liberal Political Economy (2021). Her research work has been published in a range of academic journals, including Research Policy, Constitutional Political Economy, Review of Austrian Economics, Journal of Institutional Economics, and Journal of Public Finance and Public Choice. Mikayla's research interests include Austrian and evolutionary economics, public choice, entangled political economy, economic sociology, public finance, and regulatory economics. And listeners will recognize Akiva Malamet, a returning guest to the show. Akiva previously appeared on our June 2020 episode of Mutual Exchange Radio to discuss his work on Nationalism and Identity Formation. He is a contributing editor at Unpopulist and an MA candidate at Queens University, and a long-time friend of C4SS.
Rebroadcast: this episode was originally released in September 2021.If you're living in the Niger Delta in Nigeria, your best bet at a high-paying career is probably ‘artisanal refining' — or, in plain language, stealing oil from pipelines.The resulting oil spills damage the environment and cause severe health problems, but the Nigerian government has continually failed in their attempts to stop this theft.They send in the army, and the army gets corrupted. They send in enforcement agencies, and the enforcement agencies get corrupted. What's happening here?According to Mushtaq Khan, economics professor at SOAS University of London, this is a classic example of ‘networked corruption'. Everyone in the community is benefiting from the criminal enterprise — so much so that the locals would prefer civil war to following the law. It pays vastly better than other local jobs, hotels and restaurants have formed around it, and houses are even powered by the electricity generated from the oil.Links to learn more, summary, and full transcript.In today's episode, Mushtaq elaborates on the models he uses to understand these problems and make predictions he can test in the real world.Some of the most important factors shaping the fate of nations are their structures of power: who is powerful, how they are organized, which interest groups can pull in favours with the government, and the constant push and pull between the country's rulers and its ruled. While traditional economic theory has relatively little to say about these topics, institutional economists like Mushtaq have a lot to say, and participate in lively debates about which of their competing ideas best explain the world around us.The issues at stake are nothing less than why some countries are rich and others are poor, why some countries are mostly law abiding while others are not, and why some government programmes improve public welfare while others just enrich the well connected.Mushtaq's specialties are anti-corruption and industrial policy, where he believes mainstream theory and practice are largely misguided. To root out fraud, aid agencies try to impose institutions and laws that work in countries like the U.K. today. Everyone nods their heads and appears to go along, but years later they find nothing has changed, or worse — the new anti-corruption laws are mostly just used to persecute anyone who challenges the country's rulers.As Mushtaq explains, to people who specialise in understanding why corruption is ubiquitous in some countries but not others, this is entirely predictable. Western agencies imagine a situation where most people are law abiding, but a handful of selfish fat cats are engaging in large-scale graft. In fact in the countries they're trying to change everyone is breaking some rule or other, or participating in so-called ‘corruption', because it's the only way to get things done and always has been.Mushtaq's rule of thumb is that when the locals most concerned with a specific issue are invested in preserving a status quo they're participating in, they almost always win out.To actually reduce corruption, countries like his native Bangladesh have to follow the same gradual path the U.K. once did: find organizations that benefit from rule-abiding behaviour and are selfishly motivated to promote it, and help them police their peers.Trying to impose a new way of doing things from the top down wasn't how Europe modernised, and it won't work elsewhere either.In cases like oil theft in Nigeria, where no one wants to follow the rules, Mushtaq says corruption may be impossible to solve directly. Instead you have to play a long game, bringing in other employment opportunities, improving health services, and deploying alternative forms of energy — in the hope that one day this will give people a viable alternative to corruption.In this extensive interview Rob and Mushtaq cover this and much more, including:How does one test theories like this?Why are companies in some poor countries so much less productive than their peers in rich countries?Have rich countries just legalized the corruption in their societies?What are the big live debates in institutional economics?Should poor countries protect their industries from foreign competition?Where has industrial policy worked, and why?How can listeners use these theories to predict which policies will work in their own countries?Producer: Keiran HarrisAudio mastering: Ben CordellTranscriptions: Sofia Davis-Fogel
Is ESG investing broken? What are the unintended consequences of pressure to invest in ESG? In this week's podcast, IEA Director of Public Policy and Communications Matthew Lesh sits down with Sinclair Davidson, Professor of Institutional Economics in the School of Economics, Adjunct Fellow at the Institute of Public Affairs, and Academic Fellow at the Australian Taxpayers' Alliance.
De nordiske lande er generelt kendetegnet ved at være meget velstående og have en meget stor offentlig sektor. I mange dele af verden ses dette til dels som modsætninger. Det er svært på én og samme tid at være velstående og have en stor offentlig sektor. Men ikke desto mindre er det tilfældet i de nordiske lande. Men hvorfor? Det er emnet for dagens afsnit af Regelstaten, hvor Andreas Bergh, lektor i økonomi ved Lund Universitet, er på besøg. Han har udgivet en artikel i Journal of Institutional Economics med titlen: "Hayekian welfare states: explaining the coexistence of economic freedom and big government" eller "Hayekiske velfærdsstater: En forklaring på sameksistensen af økonomisk frihed og en stor offentlig sektor"Kontakt til podcastvært: Herby@cepos.dklink til hans studie: https://www.cambridge.org/core/journals/journal-of-institutional-economics/article/abs/hayekian-welfare-states-explaining-the-coexistence-of-economic-freedom-and-big-government/C07DB791E78F0E9C8D9090DDB62C96D1
In this episode, Michael speaks with Julia Talbot-Jones, Senior Lecture in the School of Government at the University of Wellington. Julia studies how institutions solve environmental and natural resource problems, with a particular focus on rights of nature approaches. Julia collaborates with Erin O'Donnell, who is a previous guest on the podcast and has also written on this topic. The formal rights of nature approach is ideally meant to instill into our laws a more intrinsic value in our treatment of the environment, rather than only viewing it instrumentally. Julia has studied maybe the most famous case of formalized rights to nature, this being the Whanganui River, Aotearoa New Zealand. This has been used as the basis for other rights of river approaches in other countries, but Julia cautions against the application of formal rules without local cultural and context, which cannot be so easily copied. Julia's website: https://people.wgtn.ac.nz/julia.talbotjones References: O'Donnell, E. L., and J. Talbot-Jones. 2018. Creating legal rights for rivers. Ecology and Society. Talbot-Jones, J. 2017. The Institutional Economics of Granting a River Legal Standing. PhD Dissertation. The Australian National University. Talbot-Jones, J., and J. Bennett. 2019. Toward a property rights theory of legal rights for rivers. Ecological economics: the journal of the International Society for Ecological Economics 164:106352. Talbot-Jones, J., and J. Bennett. 2022. Implementing bottom-up governance through granting legal rights to rivers: a case study of the Whanganui River, Aotearoa New Zealand. Australasian Journal of Environmental Management 29(1):64–80.
Smith and Marx Walk into a Bar: A History of Economics Podcast
In this episode, Çınla and Jenn interview Altuğ Yalçıntaş, Professor of Institutional Economics at Ankara University. Discussion topics include Professor Yalçıntaş' work on the history of the Coase Theorem, the need for research ethics in economics, and what it's like to do graduate work under the supervision of certain well-known economists. Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org
Poverty has been ever-present in India since Independence, but recent policy stands to change the status quo. Multiple undertakings and initiatives have raised the standard of living for those below the poverty line, but narratives continue to emerge that India's poor are getting poorer. A paper, written by Arvind Virmani, Surjit Bhalla, and Karan Bhasin, aims to find the poverty and distributional consequences of the government's pandemic support measures. The main argument of the paper is that extreme poverty was kept low in India despite the pandemic. It presents estimates of poverty and consumption inequality in India from 2004-05 to 2020-21. Surjit Bhalla is an Indian economist, author and columnist, who is currently the Executive Director for India at the International Monetary Fund. He was also the part-time Member of the Economic Advisory Council to the Prime Minister. Karan Bhasin is a New York-based researcher with interests in Macroeconomics, Indian Economy, Institutional Economics and Political Economy. He has also appeared on multiple Bharatvaarta episodes speaking about his papers and findings in the economic field. In this episode, they speak about their paper, findings, methodologies and of the state of poverty in India.
Poverty has been ever-present in India since Independence, but recent policy stands to change the status quo. Multiple undertakings and initiatives have raised the standard of living for those below the poverty line, but narratives continue to emerge that India's poor are getting poorer. A paper, written by Arvind Virmani, Surjit Bhalla, and Karan Bhasin, aims to find the poverty and distributional consequences of the government's pandemic support measures. The main argument of the paper is that extreme poverty was kept low in India despite the pandemic. It presents estimates of poverty and consumption inequality in India from 2004-05 to 2020-21. Surjit Bhalla is an Indian economist, author and columnist, who is currently the Executive Director for India at the International Monetary Fund. He was also the part-time Member of the Economic Advisory Council to the Prime Minister. Karan Bhasin is a New York-based researcher with interests in Macroeconomics, Indian Economy, Institutional Economics and Political Economy. He has also appeared on multiple Bharatvaarta episodes speaking about his papers and findings in the economic field. In this episode, they speak about their paper, findings, methodologies and of the state of poverty in India.
Economia Underground, um podcast institucionalista Neste episódio, mais uma vez, contamos com a magnifica presença de nosso querido amigo José Fucidji, o querido Fidu. Nosso objetivo é continuar a nossa conversa sobre o realismo crítico e a metodologia econômica. Porém, hoje trazemos maior luz ao caso do institucionalismo evolucionário de Thorstein Veblen. Texto base da discussão: Lawson, T. (2003) Reorienting Economics. (Capítulo 8 - Institutional Economics and Realist Social Theorising). Routledge Taylor & Francis Group. Nossas redes: Instagram: @economiaunderground Twitter: @ecounderground Facebook: Economia Underground Podcast
Welcome to Episode 7 of the Economic Forces Podcast! We interview Claudia Williamson on institutions and development. Along the way, we talk about how the government is often a threat to development, her approach to price theory and Austrian economics, the importance of taking subjective value seriously, and her experience as an editor at the Journal of Institutional Economics.You can listen above or on your favorite podcast app. If you don’t see Economic Forces on your podcast app, try adding the following RSS feed directly: https://api.substack.com/feed/podcast/86578.rss.Below you’ll find a teaser clip and the full interview. Enjoy! Get full access to Economic Forces at pricetheory.substack.com/subscribe
El Dr. Pablo Paniagua es economista e investigador del Centro para el Estudio de la Gobernanza y la Sociedad en el Departamento de Economía Política de la Universidad King's College London. Es además Investigador Senior de la Fundación Para el Progreso. Obtuvo su maestría en Economía y Finanzas en Universidad Politécnica de Milán y su Ph.D. en Economía Política de la Universidad de Londres. Es autor de más de 20 artículos, ensayos y libros que tratan diversos aspectos de la economía política del dinero y la banca, así como la gobernanza de distintos dilemas sociales. Ha publicado en revistas científicas como: Journal of Institutional Economics, Journal of Evolutionary Economics y Public Choice, entre muchas otras. Pablo es también columnista semanal, donde publica artículos de opinión para los principales medios chilenos. Su libro más reciente, Atrofia: Nuestra encrucijada y el desafío de la modernización, fue publicado por RIL Editores en el 2021. Encuentre el libro en la pagina web de RIL editores Conducen: Oscar Astroza Natali, Médico Veterinario, MBA. Académico y Director de Carrera Medicina Veterinaria UDLA. Autor de “La Naturaleza de Emprender”. Beatriz Sotomayor, Psicóloga, Secretaria General de Libres Chile y Redactora en jefe de Liberty News. Lucas Blaset, Analista Político, Presidente de Libres Chile y Director Ejecutivo de Liberty TV.
Economia Underground, um podcast institucionalista. Neste episódio discutiremos o interessantíssimo texto "Consuming Symbolic Goods", publicado como o terceiro capítulo do livro "Institutional Economics and the Formation of Preferences: The Advent of Pop Music" de Wilfred Dolfsma, publicado pela editora Edward Elgar. Neste texto, Dolfsma chama atenção a como os bens absorvem significados e valores refletindo sobre suas consequências na tomada de decisão e no consumo destes por parte dos indivíduos. Conforme o título do livro nos antecipa, o pano de fundo para esta discussão é a música pop e suas mutações ao longo do tempo. Nossas redes: Twitter: @ecounderground Instagram: @economiaunderground Facebook: Economia Underground Podcast
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In today's program we continue our series on the conservation of humanity, furthering our exploration of the wuhan flu covid-19 scamdemic, focusing on a detailed cost to benefit analysis of the lockdown measures in Canada. Joining us today is Dr Douglas Allen. Dr. Allen is an economics professor at the Burnaby Mountain campus of Simon Fraser University. His research in the field of Institutional Economics spans four main areas: transaction cost theory, agriculture, family, and history. He is the author of two popular undergraduate microeconomic theory textbooks, several other academic books, and over 70 articles. His most recent book, The Institutional Revolution: Measurement and the Economic Emergence of the Modern World, won the ISNIE 2014 Douglas C. North Award for the best Institutional Economics book published in the past two years. Since 2004 Prof Allen has been a senior consultant for Delta Economics Group in Vancouver, British Columbia, where he provides consulting on cases related to family law, discrimination, intellectual property, and anti-trust matters He has also lectured internationally at several colleges and universities, including the Giblin lecture at the University of Tasmania, and the Janis Lecture at Brown University. To learn more about Prof Allen's recent report or his work in general, please visit: https://www.sfu.ca/~allen/LockdownReport.pdf http://www.sfu.ca/~allen/
Economia Underground: Um podcast institucionalista Neste episódio, discutimos os escritos do famoso institucionalista britânico Geoffrey Hodgson. Afirmar que qualquer pessoa com familiaridade com Economia Institucional já esbarrou com texto do Hodgson, não é uma afirmação forte. Além de produzir quantidades gigantescas de artigos científicos e livros, Hodgson introduz uma apresentação contemporânea ao institucionalismo. No entanto, tal apresentação não é livre de controvérsias. Nesse episódio, discutimos a importância dos escritos do Hodgson e os motivos pelas quais eles são controversos. Divirtam-se! Referências: Emmett, Ross (2009). Frank Knight and the Chicago School in American Economics. New York: Routledge. Hodgson, G. (2018) Institutional Economics. In: Rethinking Economics: An Introduction to Pluralist Economics. Eds. Fischer, L. et al. New York: Routledge. Hodgson, Geoffrey (2003) “The hidden persuaders: institutions and individuals in economic theory” Cambridge Journal of Economics, 27: 159-175 Hodgson, Geoffrey and Knudsen, Thorbjørn (2010) Darwin's Conjecture: The Search for General Principles of Social and Economic Evolution. Chicago: University of Chicago Press Hodgson, Geoffrey (2004) The Evolution of Institutional Economics: Agency, Structure and Darwinism in American Institutionalism. Londres: Routledge Hodgson, Geoffrey (1999) Evolution and Institutions: On Evolutionary Economics and the Evolution of Economics. Cheltenham: Edward Elgar Nossas redes: Instagram: @economiaunderground Twitter: @ecounderground Facebook: Economia Underground Podcast
Ostrom hace un recorrido biográfico-intelectual de su vida, explicando como iba rompiendo con los paradigmas de la economía neoclásica a medida que incorporaba en sus estudios una visión más compleja del ser humano y la sociedad. En el artículo, «The Ostroms and the contestable nature of goods: beyond taxonomies and toward institutional polycentricity», los autores desafían la clásica y simplista visión dicotómica y de naturaleza inherente de los bienes ⸻públicos y privados⸻, planteando un continuo entre ellos y dependiente del contexto.
Economia Underground - Um Podcast Institucionalista Seguindo a “porta aberta” no último episódio, essa semana exploramos uma abordagem mainstream, a Nova Economia Institucional. Mais especificamente, a Teoria do Custo de Transação de Oliver Williamson. Apresentamos o conceito de “indivíduo contratual” e os elementos que giram em giram em torno da transação Williamsoniana. Referências citadas no episódio: Coase, Ronald (1937) “The Nature of the Firm”. Economica, New Series, 4: 387-405 Pessali, Huáscar (2006) “The rhetoric of Oliver Williamson's transaction cost economic” Journal of Institutional Economics, 2(1): 45-65 Silva, Vivian Lara e Azevedo, Paulo Furquim (2006) “Contratos interfirmas em diferentes ambientes institucionais: o caso McDonald's França versus Brasil” Revista De Administração, 41(4), 381-393 Williamson, Oliver. (1975) Markets and Hierarchies. New York: Free Press.
In his article in the June 2020 issue of the Journal of Institutional Economics, Dr. P.J. Hill, who served as the George F. Bennett Professor of Economics at Wheaton College until his retirement in 2011, begins by saying, “in any discussion of the beginning of modern economic growth, the concept of the rule of law plays a crucial role," and that, "the lack of such an order is the fundamental cause of the failure of nations."But where did the foundations of the rule of law come from? Hill argues that the current theories about the origin of the rule of law, while useful, are also incomplete. According to Hill, the Jewish and Christian concept of all human beings being created in God’s image is an important, but often overlooked, contributor to the rule of law in Western civilization.Today, Acton’s Dan Churchwell is joined by Dr. P.J. Hill to discuss his research article, “The religious origins of the rule of law,” the way beliefs affect institutions in general, and how the beliefs of the Christian and Jewish faith traditions in particular were crucial to the establishment of the rule of law. Dr. P.J. Hill at Wheaton CollegeThe religious origins of the rule of law - P.J. HillP.J. Hill on the social power of markets - Joseph Sunde See acast.com/privacy for privacy and opt-out information.
This interview was recorded almost 10 years ago at a workshop entitled, "Evolutionary Thinking and Its Policy Implications for Modern Capitalism". We have revived it from the TVOL archives for your enjoyment and think you will find its contents as relevant as ever. Geoffrey is a specialist in institutional and evolutionary economics, with a background in economics, philosophy and mathematics. His research has applications to the understanding of organizations, organizational change, innovation, entrepreneurship and economic development. Hodgson is also the Editor in Chief of the Journal of Institutional Economics and has published 18 academic books and over 150 academic articles, which he is the winner of the Schumpeter Prize 2014 for his book on "Conceptualizing Capitalism". Geoffrey also participated in our series, "Evolution, Complexity, and the Third Way of Entrepreneurship". You can read the in-depth written conversation or listen to his other podcast conversation inspired by the same theme. --- Become a member of the TVOL1000 and join the Darwinian revolution Follow This View of Life on Twitter and Facebook Order the This View of Life book
GMU econ student Marcus Shera joins the show to discuss a paper he wrote on the Armenian Genocide. Inspired by his Armenian heritage, he used the tools of new institutional economics to analyze the genocide as a homogenization technology by the Ottoman Empire. We discuss Ottoman history, Islamic law, and different kinds of religious toleration. We also have a surprise guest.
This podcast interview focuses on the impact of product innovation on our society and in particular our changing role in that society, and my guest is Brett Frischmann, author of the book Reengineering Humanity, which was recently selected by The Guardian as one of the Best Books of 2018.Brett is the Charles Widger Endowed University Professor in Law, Business and Economics, at Villanova University. In this role, he promotes cross-campus research, programming, and collaboration; fosters high-visibility academic pursuits at the national and international levels; and positions Villanova as a thought leader and innovator at the intersection of law, business and economics.Brett’s work has appeared in leading scholarly publications, including Columbia Law Review, Journal of Institutional Economics, and Review of Law and Economics. His research spans various disciplines and topics: infrastructure, knowledge commons, and techno-social engineering of humans (i.e. the relationships between the techno-social world and humanity). This is what the scope of his latest book Reengineering Humanity is all about.And that triggered me, hence I invited Brett to my podcast. We explore the evolving impact of product innovation and technology and the influence this has on us in our day to day professional life. We discuss examples of how we engineer ourselves, and how we are engineered by others. In particularly the latter can become a risk to all of us. Therefore we should ensure that the focus shifts to making humans better and more valuable, rather than using smart technology to actually make the user dumber.Here are some of his quotes:“Humans have always developed tools and technologies. They often augment who we are, enable us to grow, develop, pursue our passions, and develop capabilities. The big idea is that we're on a slippery slope path toward a world in which more and more of our lives, of who we are and who we can be as individuals and collectively is managed and governed by supposedly smart techno‑social systems.The idea that one of the most important constitutional questions in a lower case C sense for us to be considering in the 21st century is how are we going to sustain our freedom to be off? To be free from the engineered influence of others.We're building the world for our children, for future generations. Sometimes, we don't stop to think about whether we're happy about the world we're building and why we're building it a certain way as opposed to another way.” By listening to this interview, you will learn three things:That we need to be very considerate about the type of solutions we’re building and why we’re building them in a certain way. Humanity’s techno-social dilemma is already large enough.Why the real value of the technology potential is in Human Augmentation – i.e. becoming better – but only if that’s in the light of who we want to be, how we can remain to have choices and be different.That we should challenge ourselves whenever we use the word ‘smart’ in relation to our product innovation and solutions – How is it smarter? What benefits does it give, and to whom? Too often it’s the user that’s made dumber…. See acast.com/privacy for privacy and opt-out information.
Mushtaq Khan (SOAS) Institutional Economics: 5 Minutes Economics: Prof Mushtaq Khan (SOAS University of London) on 'Institutional Economics' and how topics such as the structure of international institutions, anti-corruption, rules of industrial policy and tariff protection are all part of it. You can find out more about studying Economics at SOAS University of London at https://www.soas.ac.uk/economics/ Professor Mushtaq Khan is a senior academic at the Department of Economics, SOAS, University of London, and a leading thinker on anti-corruption, governance, economic development, industrial policy and political settlements. He has led multidisciplinary and multi-country research teams in the past including UK aid’s three year Governance and Growth Research Programme and has been a member of the United Nation Committee of Experts on Public Administration and the World Bank’s Panel of Experts on Policy Implementation. He has spoken widely on topics such as rent-seeking, corruption, governance reform and economic development. Mushtaq Khan is the Executive Director of SOAS-ACE. Speakers: Mushtaq Khan (SOAS) Released by: SOAS Economics Podcasts
Sphere Identity CEO Katherine Noall, RMIT University Blockchain Innovation Hub Director Jason Potts, and RMIT University Blockchain Innovation Hub Research Assistant Alastair Berg join host Cameron D'Ambrosi to discuss self-sovereign identity, and RMIT's ground-breaking research into the institutional economics of identity.
Special guest: Avi Baranes on financialization in general, and the pharmaceutical industry in particular I’ve been discussing this with Avi in between work since we hired him last year, and have learned a great deal from this promising young (old) Institutional Economist! He’ll tell us about his PhD research at the University of Missouri at Kansas […]
Part 2 of our conversation with Avi. We definitely need him back ASAP for more! Special guest: Avi Baranes on financialization in general, and the pharmaceutical industry in particular I’ve been discussing this with Avi in between work since we hired him last year, and have learned a great deal from this promising young (old) Institutional […]
Sat, 1 Jan 1994 12:00:00 +0100 http://www.digizeitschriften.de/resolveppn/GDZPPN000821772 http://epub.ub.uni-muenchen.de/6738/1/Picot_Arnold_6738.pdf Picot, Arnold; Wolff, Birgitta Picot, Arnold und Wolff, Birgitta (1994): Institutional Economics of Public Firms and Administrations. Some Guidelines for Efficiency Oriented Design. In: Journal of Institutional and Theoretical Economics, Vol. 150, Nr. 1: pp. 211-232. Betriebswirtschaft
Thu, 1 Jan 1987 12:00:00 +0100 https://epub.ub.uni-muenchen.de/3328/1/38.pdf Schlicht, Ekkehart; Jones, Eric; Basu, Kaushik ddc:330, ddc:300, Volkswirtschaft, Seminar für Theorie und Politik der Einkommen