Podcasts about Mercatus Center

Fiscal Irresponsibility, the Cost of Debt, and the Loss of Welfare Reform Lessons Veronique De Rugy of the Mercatus Center criticized Washington's fiscal irresponsibility and the mounting cost of debt, arguing that enormous deficits create an anti-growth drag on the economy. She noted that failing to cut spending is a future tax hike. De Rugy lamented the loss of lessons from the 1996 welfare reform, which showed that work requirements reduced poverty, as politicians now prioritize spending checks over fiscal prudence.D 1937

CBS EYE ON THE WORLD WITH JOHN BATCHELOR THE SHOW BEGINS IN THE DOUBTS ABOUT THE HAMAS DEAL... BARCELONA 1899 10-9-25 FIRST HOUR 9-915 The Genesis of Hamas, the Failure of "Land for Peace," and Theological Jihad Cliff May discussed the failure of the "land for peace" policy following Israel's 2005 withdrawal from Gaza and the violent takeover by Hamas. Hamas, representing the Muslim Brotherhood and born from theological jihad, views its mission as the destruction of Israel to establish an emirate. May emphasized that any cessation of hostilities is merely a hudna (truce), used by Hamas to rebuild for future battles, not a lasting peace. 915-930 Javier Milei's Dilemma: Midterms, the Wobbling Peso, and the Push for Dollarization Mary Anastasia O'Grady analyzed Argentinian President Javier Milei's economic and political dilemma as he faces midterms with a wobbling peso leading up to the October 26th elections. The peso is suffering due to fears that the opposition Peronist coalition will block Milei's reforms. O'Grady advocated for dollarization as the solution to stabilize the currency, reduce interest rates, and impose fiscal discipline on reckless spending. Powerful financial special interests prefer the status quo of an unanchored peso. 930-945 The Valdai Conference, Russia's Global South Strategy, and Warnings to the West Anatol Lieven discussed the Valdai conference in Sochi, where President Putin projected confidence but issued stark warnings against the US providing Tomahawk missiles to Ukraine and Europeans committing "piracy" by seizing Russian cargos. Attendees focused on the BRICS group and the Global South as Russia pursues alternative alliances. Russians express disappointment in Donald Trump's failure to deliver peace and worry about the war's slow progress. The conflict is fundamentally viewed by Russians as a struggle with NATO. 945-1000 The Valdai Conference, Russia's Global South Strategy, and Warnings to the West Anatol Lieven discussed the Valdai conference in Sochi, where President Putin projected confidence but issued stark warnings against the US providing Tomahawk missiles to Ukraine and Europeans committing "piracy" by seizing Russian cargos. Attendees focused on the BRICS group and the Global South as Russia pursues alternative alliances. Russians express disappointment in Donald Trump's failure to deliver peace and worry about the war's slow progress. The conflict is fundamentally viewed by Russians as a struggle with NATO. SECOND HOUR 10-1015   US Military Posturing, Venezuela's Cartel de Los Soles, and Instability in the Americas Professor Evan Ellis analyzed President Trump's escalating military posturing and actions against drug cartels, particularly impacting the Venezuelan regime of Nicolás Maduro and the Cartel de Los Soles. Senate members raised constitutional concerns over the use of military force. Ellis also examined political resistance to Argentinian President Javier Milei's austerity measures amid broader instability in the Americas, and noted positive strategic movements toward improved relationships with Mexico's Claudia Sheinbaum and Brazil's Lula da Silva. 1015-1030 US Military Posturing, Venezuela's Cartel de Los Soles, and Instability in the Americas Professor Evan Ellis analyzed President Trump's escalating military posturing and actions against drug cartels, particularly impacting the Venezuelan regime of Nicolás Maduro and the Cartel de Los Soles. Senate members raised constitutional concerns over the use of military force. Ellis also examined political resistance to Argentinian President Javier Milei's austerity measures amid broader instability in the Americas, and noted positive strategic movements toward improved relationships with Mexico's Claudia Sheinbaum and Brazil's Lula da Silva. 1030-1045 US Military Posturing, Venezuela's Cartel de Los Soles, and Instability in the Americas Professor Evan Ellis analyzed President Trump's escalating military posturing and actions against drug cartels, particularly impacting the Venezuelan regime of Nicolás Maduro and the Cartel de Los Soles. Senate members raised constitutional concerns over the use of military force. Ellis also examined political resistance to Argentinian President Javier Milei's austerity measures amid broader instability in the Americas, and noted positive strategic movements toward improved relationships with Mexico's Claudia Sheinbaum and Brazil's Lula da Silva. 1045-1100 US Military Posturing, Venezuela's Cartel de Los Soles, and Instability in the Americas Professor Evan Ellis analyzed President Trump's escalating military posturing and actions against drug cartels, particularly impacting the Venezuelan regime of Nicolás Maduro and the Cartel de Los Soles. Senate members raised constitutional concerns over the use of military force. Ellis also examined political resistance to Argentinian President Javier Milei's austerity measures amid broader instability in the Americas, and noted positive strategic movements toward improved relationships with Mexico's Claudia Sheinbaum and Brazil's Lula da Silva. THIRD HOUR 1100-1115 Marcus Tullius Cicero's Rise, Corruption Trials, and the Catiline Conspiracy Professor Josiah Osgood profiled the Roman "new man" orator Marcus Tullius Cicero and his dramatic rise through corruption trials and political intrigue. Cicero established his career by solving the murder case of Roscius and prosecuting corrupt Sicilian governor Verres for theft. His career climaxed with the suppression of the Catiline Conspiracy, elevating him as a patriot. However, Cicero made a grave political error by executing conspirators without trial, a move opposed by Julius Caesar. 1115-1130 Marcus Tullius Cicero's Rise, Corruption Trials, and the Catiline Conspiracy Professor Josiah Osgood profiled the Roman "new man" orator Marcus Tullius Cicero and his dramatic rise through corruption trials and political intrigue. Cicero established his career by solving the murder case of Roscius and prosecuting corrupt Sicilian governor Verres for theft. His career climaxed with the suppression of the Catiline Conspiracy, elevating him as a patriot. However, Cicero made a grave political error by executing conspirators without trial, a move opposed by Julius Caesar. 1130-1145 Marcus Tullius Cicero's Rise, Corruption Trials, and the Catiline Conspiracy Professor Josiah Osgood profiled the Roman "new man" orator Marcus Tullius Cicero and his dramatic rise through corruption trials and political intrigue. Cicero established his career by solving the murder case of Roscius and prosecuting corrupt Sicilian governor Verres for theft. His career climaxed with the suppression of the Catiline Conspiracy, elevating him as a patriot. However, Cicero made a grave political error by executing conspirators without trial, a move opposed by Julius Caesar. 1145-1200 Marcus Tullius Cicero's Rise, Corruption Trials, and the Catiline Conspiracy Professor Josiah Osgood profiled the Roman "new man" orator Marcus Tullius Cicero and his dramatic rise through corruption trials and political intrigue. Cicero established his career by solving the murder case of Roscius and prosecuting corrupt Sicilian governor Verres for theft. His career climaxed with the suppression of the Catiline Conspiracy, elevating him as a patriot. However, Cicero made a grave political error by executing conspirators without trial, a move opposed by Julius Caesar. FOURTH HOUR 12-1215 Fiscal Irresponsibility, the Cost of Debt, and the Loss of Welfare Reform Lessons Veronique De Rugy of the Mercatus Center criticized Washington's fiscal irresponsibility and the mounting cost of debt, arguing that enormous deficits create an anti-growth drag on the economy. She noted that failing to cut spending is a future tax hike. De Rugy lamented the loss of lessons from the 1996 welfare reform, which showed that work requirements reduced poverty, as politicians now prioritize spending checks over fiscal prudence.D 1215-1230 Deepseek's AI Claims, Huawei's Chip Ambitions, and US/China Tech Competition Chris Riegel analyzed the escalating tech competition between the US and China, focusing on Chinese AI firm Deepseek and noting its claims of superiority were potentially misleading due to non-transparency and reliance on Nvidia technology. He discussed Huawei's chip fabrication efforts and ambitions, concluding that US sanctions, particularly restricting ASML tools, keep China one to one and a half generations behind. The US scale advantage, exemplified by investments like Colossus, remains significant in the AI competition. 1230-1245 The Artemis Program, the New Space Race with China, and the Role of Elon Musk Mark Whittington discussed the Artemis program and the new space race with China, emphasizing that the US is driven back to the moon by competition with the People's Republic of China. The moon is viewed as a source for mining and a refueling stepping stone to Mars, with Elon Musk's SpaceX playing a central role. Co-host David Livingston questioned the engineering challenge of SpaceX's Starship and life support systems for Mars. The program's sustainability depends on phasing out the costly, expendable Space Launch System (SLS). 1245-100 AM The Artemis Program, the New Space Race with China, and the Role of Elon Musk Mark Whittington discussed the Artemis program and the new space race with China, emphasizing that the US is driven back to the moon by competition with the People's Republic of China. The moon is viewed as a source for mining and a refueling stepping stone to Mars, with Elon Musk's SpaceX playing a central role. Co-host David Livingston questioned the engineering challenge of SpaceX's Starship and life support systems for Mars. The program's sustainability depends on phasing out the costly, expendable Space Launch System (SLS).

On this episode of The Federalist Radio Hour, Veronique de Rugy, the George Gibbs chair in political economy and senior research fellow at George Mason University's Mercatus Center, joins Federalist Senior Elections Correspondent Matt Kittle to explain the conditions that led to the current government shutdown, analyze whether Congress will ever rein in the national debt, and discuss what elected officials need to do to resolve the latest spending disagreement. If you care about combating the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism America needs.  

On this episode of The Federalist Radio Hour, Veronique de Rugy, the George Gibbs chair in political economy and senior research fellow at George Mason University's Mercatus Center, joins Federalist Senior Elections Correspondent Matt Kittle to explain the conditions that led to the current government shutdown, analyze whether Congress will ever rein in the national […]

On this week's Tipping Point interview Paul talks housing policy with Salim Furth, Senior Research Fellow and Director of the Urbanity project at the Mercatus Center at George Mason University. His research focuses on housing production and land use regulation. They discuss New Mexico's housing shortage and what can be done about it. What policies can be enacted at New Mexico's state and local government levels to increase the housing stock and housing affordability? Check out this critical conversation. 

John Amaechi is a former NBA forward/center who became a chartered scientist, professor of leadership at Exeter Business School, and New York Times bestselling author. His newest book, It's Not Magic: The Ordinary Skills of Exceptional Leaders, argues that leadership isn't bestowed or innate, it's earned through deliberate skill development. Tyler and John discuss whether business culture is defined by the worst behavior tolerated, what rituals leadership requires, the quality of leadership in college basketball and consulting, why Doc Rivers started some practices at midnight, his childhood identification with the Hunchback of Notre Dame and retreat into science fiction, whether Yoda was actually a terrible leader, why he turned down $17 million from the Lakers, how mental blocks destroyed his shooting and how he overcame them, what he learned from Jerry Sloan's cruelty versus Karl Malone's commitment, what percentage of NBA players truly love the game, the experience of being gay in the NBA and why so few male athletes come out, when London peaked, why he loved Scottsdale but had to leave, the physical toll of professional play, the career prospects for 2nd tier players, what distinguishes him from other psychologists, why personality testing is "absolute bollocks," what he plans to do next, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded September 15th, 2025. Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow John on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

On this episode, Chandran Kukathas delivers a lecture at the Mercatus Center on capitalism, human nature, and the meaning of life. Kukathas argues that capitalism is less a fixed system than a constantly evolving set of rules and relationships, shaped by our restless desire to transform the world. He shows how politics, rent-seeking, and shifting definitions of capital are woven into its fabric, making it impossible to separate “pure markets” from the social and political contexts in which they operate. Kukathas challenges both critics and defenders who treat capitalism as the source of every social ill or success, urging instead a sober recognition of human limits, the diversity of our ends, and the case for modest, freedom-preserving reforms.Dr. Chandran Kukathas is Lee Kong Chian Chair Professor of Political Science at School of Social Sciences at Singapore Management University and a Distinguished Affiliated Fellow at the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center. He is the author of many books, including Dialogues on Immigration and the Open Society (Routledge, 2025) and The Liberal Archipelago: A Theory of Diversity and Freedom (Oxford University Press, 2007).Show Notes:Thomas Hobbes' book, LeviathanG.A. Cohen's book, Why Not Socialism?Elijah Millgram's book, The Great EndarkmentAlasdair MacIntyre's book, After Virtue**This lecture was recorded August 13, 2025.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.Check out our other podcast from the Hayek Program! Virtual Sentiments is a podcast in which political theorist Kristen Collins interviews scholars and practitioners grappling with pressing problems in political economy with an eye to the past. Subscribe today!Follow the Hayek Program on Twitter: @HayekProgramFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Jon Hartley is a macroeconomist and affiliated scholar at the Mercatus Center. Jon returns to the show to discuss the most recent Hoover Monetary Conference, the legacy of John Taylor, why central banks should be using his new measure of r-star, the status of debt management at the US Treasury, and much more. Check out the transcript for this week's episode, now with links. Recorded on August 26th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow Jon Hartley on X: @Jon_Hartley_ Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel  Timestamps 00:00:00 - Intro 00:05:56 - John Taylor's Contributions to Economics 00:34:10 - Better Measure of R-Star 00:48:11 - The Government's Debt Management Policy 01:03:39 - Outro

Veronique de Rugy of the Mercatus Center questions the need for US industrial policy, arguing that the existing system of limited government and free trade, which produces unparalleled tech and wealth, is already superior. 1790 ADAM SMITH

Kevin Werbach interviews Dean Ball, Senior Fellow at the Foundation for American Innovation and one of the key shapers of the Trump Administration's approach to AI policy. Ball reflects on his career path from writing and blogging to shaping federal policy, including his role as Senior Policy Advisor for AI and Emerging Technology at the White House Office of Science and Technology Policy, where he was the primary drafter of the Trump Administration's recent AI Action Plan. He explains how he has developed influence through a differentiated viewpoint: rejecting the notion that AI progress will plateau and emphasizing that transformative adoption is what will shape global competition. He critiques both the Biden administration's “AI Bill of Rights” approach, which he views as symbolic and wasteful, and the European Union's AI Act, which he argues imposes impossible compliance burdens on legacy software while failing to anticipate the generative AI revolution. By contrast, he describes the Trump administration's AI Action Plan as focused on pragmatic measures under three pillars: innovation, infrastructure, and international security. Looking forward, he stresses that U.S. competitiveness depends less on being first to frontier models than on enabling widespread deployment of AI across the economy and government. Finally, Ball frames tort liability as an inevitable and underappreciated force in AI governance, one that will challenge companies as AI systems move from providing information to taking actions on users' behalf. Dean Ball is a Senior Fellow at the Foundation for American Innovation, author of Hyperdimensional, and former Senior Policy Advisor at the White House OSTP. He has also held roles at the National Science Foundation, the Mercatus Center, and Fathom. His writing spans artificial intelligence, emerging technologies, bioengineering, infrastructure, public finance, and governance, with publications at institutions including Hoover, Carnegie, FAS, and American Compass. Transcript https://drive.google.com/file/d/1zLLOkndlN2UYuQe-9ZvZNLhiD3e2TPZS/view America's AI Action Plan Dean Ball's Hyperdimensional blog  

Steven Pinker returns to Conversations with Tyler with an argument that common knowledge—those infinite loops of "I know that you know that I know"—is the hidden infrastructure that enables human coordination, from accepting paper money to toppling dictators. But Tyler wonders: if most real-world coordination works fine without recursively looping (a glance at a traffic circle), if these models break down with the slightest change in assumptions, and if anonymous internet posters are making correct but uncomfortable truths common knowledge when society might function better with noble lies, is Pinker's theory really capturing how coordination works—and might we actually need less common knowledge, not more? Tyler and Steven probe these dimensions of common knowledge—Schelling points, differential knowledge, benign hypocrisies like  a whisky bottle in a paper bag—before testing whether rational people can actually agree (spoiler: they can't converge on Hitchcock rankings despite Aumann's theorem), whether liberal enlightenment will reignite and why, what stirring liberal thinkers exist under the age 55, why only a quarter of Harvard students deserve A's, how large language models implicitly use linguistic insights while ignoring linguistic theory, his favorite track on Rubber Soul, what he'll do next, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded September 12th, 2025. This episode was made possible through the support of the John Templeton Foundation. Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow Steven on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

David Commins, author of the new book Saudi Arabia: A Modern History, brings decades of scholarship and firsthand experience to explain the kingdom's unlikely rise. Tyler and David discuss why Wahhabism was essential for Saudi state-building, the treatment of Shiites in the Eastern Province and whether discrimination has truly ended, why the Saudi state emerged from its poorer and least cosmopolitan regions, the lasting significance of the 1979 Grand Mosque seizure by millenarian extremists, what's kept Gulf states stable, the differing motivations behind Saudi sports investments, the disappointing performance of King Abdullah University of Science and Technology despite its $10 billion endowment, the main barrier to improving its k-12 education, how Yemen became the region's outlier of instability and whether Saudi Arabia learned from its mistakes there, the Houthis' unclear strategic goals, the prospects for the kingdom's post-oil future, the topic of David's next book, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded August 22nd, 2025. This episode was made possible through the support of the John Templeton Foundation. Other ways to connect Follow us on X and Instagram Follow Tyler on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

On this episode, Nathan Goodman is joined by Michael Clemens to discuss why immigration policy matters not just for migrants themselves but for broader economic growth. Drawing on his influential work, including “Economics and Emigration: Trillion-Dollar Bills on the Sidewalk?” (JEP, 2011) and “The Place Premium: Bounding the Price Equivalent of Migration Barriers” (REStat, 2019), Clemens explains how even modest liberalization of migration can create enormous gains, why exchange is positive-sum, and how complementary skills across the workforce drive production. Together they assess the claim that immigration undermines culture and institutions and revisit historical panics ranging from the Chinese Exclusion Act to the Dillingham Commission. Dr. Michael Clemens is a professor in the Department of Economics at George Mason University and a Non-Resident Senior Fellow at the Peterson Institute for International Economics. He helped build the research program on international migration at the Center for Global Development. Show Notes: Samuel Bazzi, et al., “The Confederate Diaspora” (NBER, 2025) Timur Kuran's book, Freedoms Delayed: Political Legacies of Islamic Law in the Middle East (Cambridge University Press, 2023) Chloe N. East, et al., “The Labor Market Effects of Immigration Enforcement” (Journal of Labor Economics, 2023)Mexican Migration projectIf 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

Newt talks with Salim Furth, Senior Research Fellow and Director of the Urbanity project at the Mercatus Center about America’s housing affordability crisis. Their discussion centers on the pressing issue of housing affordability in the United States. With high home prices and rents, state legislators are increasingly pursuing housing reform, setting records for new laws aimed at unlocking home building. Furth highlights the challenges and potential solutions in housing policy. They discuss the declining optimism among young Americans regarding their standard of living, with home ownership being a significant barrier. They explore the impact of housing costs on the American dream, the role of state legislation in addressing these issues, and the potential for market-driven solutions.See omnystudio.com/listener for privacy information.

One year ago, U.S. District Court Judge Amit P. Mehta held that “Google is a monopolist and has acted as one to maintain its monopoly”, and, in doing so, violated Section 2 of the Sherman Act. On Tuesday, September 2, 2025, Judge Mehta’s remedy decision rejected the United States’ request for structural relief and indicated only limited conduct and behavioral requirements were appropriate to address any past effect of Google’s conduct and to protect competition going forward. Does either party have substantive grounds to expect an appellate court to reverse Judge Mehta’s liability and remedy decision? Is the remedy decision consistent with the liability decision (and vice-versa)? What are the next steps to implementing the remedy decision? What is the likely impact of Judge Mehta’s liability and remedy decisions on Google, monopolization law, and the Government’s anti-monopoly agenda. Please join our body of expert lawyers for a discussion of these and other related questions.Featuring:Alden F. Abbott, Senior Research Fellow, Mercatus Center, George Mason UniversityAshley Baker, Executive Director, The Committee for JusticeKathleen W. Bradish, Vice President and Director of Legal Advocacy, American Antitrust InstituteDerek W. Moore, Counsel, Rule Garza Howley LLP(Moderator) Bilal Sayyed, Counsel, Cadwalader, Wickersham & Taft LLP

• Guest Name: Veronique de Rugy • Affiliation: Mercatus Center • Summary: Veronique de Rugy strongly critiques the proposal for a US sovereign wealth fund, arguing it's a poor idea given the US's high debt-to-GDP ratio and existing budget deficits. She contends that borrowing to invest would be fiscally unsound and would lead to "cronyism on steroids," as government investment decisions are driven by political priorities rather than viable market opportunities, unlike private sector investments. 1910 JUNEAU ALASKA

Ross Connolly talks with Richard Morrison, Senior Fellow with the Competitive Enterprise Institute, who joins the show to inform listeners about corporate welfare and the negative impact it has in the economy. Then, Duncan Schroeder, State Policy External Relations Manager with the Mercatus Center at George Mason University, discusses portable benefits and overregulation in the gig worker economy. He's followed by Jack DeOliveira, Policy Director for the Yankee Institute, who dives into the shared political issues between Vermont and Connecticut and what his organization is doing to bring attention and change. Finally, Dave Soulia with FYI VT talks about his data driven approach to bring more transparency to Vermont's governmentThis episode was published 09/03/2025.

Seamus Murphy is an Irish photographer and filmmaker who has spent decades documenting life in some of the world's most challenging places—from Taliban-controlled Afghanistan to Nigeria's Boko Haram territories. Having left recession-era Ireland in the 1980s to teach himself photography in American darkrooms, Murphy has become that rare artist who moves seamlessly between conflict zones and recording studios, creating books of Afghan women's poetry while directing music videos that anticipated Brexit. Tyler and Seamus discuss the optimistic case for Afghanistan, his biggest fear when visiting any conflict zone, how photography has shaped perceptions of Afghanistan, why Russia reminded him of pre-Celtic Tiger Ireland, how the Catholic Church's influence collapsed so suddenly in Ireland, why he left Ireland in the 1980s, what shapes Americans impression of Ireland, living part-time in Kolkata and what the future holds for that “slightly dying” but culturally vibrant city, his near-death encounters with Boko Haram in Nigeria, the visual similarities between Michigan and Russia, working with PJ Harvey on Let England Shake and their travels to Kosovo and Afghanistan together, his upcoming film about an Afghan family he's documented for thirty years, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded August 21st, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

On this episode, Peter Boettke chats with political theorist Chandran Kukathas on his latest book, Dialogues on Immigration and the Open Society(Routledge, 2025), which addresses the most important ethical and political questions about immigration and aims to teach by questioning rather than preaching. He urges conceptual clarity about terms like “civilization,” “state,” and “immigration,” and argues that framing debates strictly as “justice” disputes is unhelpful amid deep moral disagreement. Building on his book, Immigration and Freedom, he warns that immigration control often curtails citizens' freedoms and highlights how restrictive policies can create a hostile climate toward migrants even where overall public support for immigration remains strong.Dr. Chandran Kukathas is Lee Kong Chian Chair Professor of Political Science at School of Social Sciences at Singapore Management University and a Distinguished Affiliated Fellow at the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center. He is the author of many books, including Immigration and Freedom (Princeton University Press, 2021) and The Liberal Archipelago: A Theory of Diversity and Freedom (Oxford University Press, 2007).Show Notes:F.A. Hayek's book, New Studies in Philosophy, Politics, Economics, and the History of IdeasF.A. Hayek's book, Law, Legislation, and Liberty: Volume 19John Rawls' book, A Theory of JusticeMilton and Rose Friedman's book, Free to ChooseFree To Choose: The Original 1980 TV SeriesDavid Schmidtz's book, Elements of JusticeStephen Macedo's book, Liberal VirtuesMichael Clemens' paper, “Why Don't Remittances Appear to Affect Growth?” (The Economic Journal, 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, 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

Mere Beholderism ​ ⁨@theeconplayground1193⁩  A Symposium on Mere Beholderism with Dan Klein, Erik Matson, and Paul Vanderklay https://youtu.be/EDx4h2KWd84?si=RHP8Z8LMiezkcgfn Dan Klein gives us a presentation on Mere Beholderism, the position that one's moral outlook should refer to a sense of the highest beholder and not any other supposed summary like "efficiency" or "utility". We also have Erik Matson of the Mercatus Center and Paul Vanderklay of Living Stones CRC to comment, and we all come together at the end for an open conversation. Substack: theeconplayground.substack.com  https://www.southeastuary.com/ https://www.livingstonescrc.com/give Paul Vander Klay clips channel https://www.youtube.com/channel/UCX0jIcadtoxELSwehCh5QTg https://www.meetup.com/sacramento-estuary/ My Substack https://paulvanderklay.substack.com/ Bridges of meaning https://discord.gg/cfwxQ96Q Estuary Hub Link https://www.estuaryhub.com/ If you want to schedule a one-on-one conversation check here. https://calendly.com/paulvanderklay/one2one There is a video version of this podcast on YouTube at http://www.youtube.com/paulvanderklay To listen to this on ITunes https://itunes.apple.com/us/podcast/paul-vanderklays-podcast/id1394314333  If you need the RSS feed for your podcast player https://paulvanderklay.podbean.com/feed/  All Amazon links here are part of the Amazon Affiliate Program. Amazon pays me a small commission at no additional cost to you if you buy through one of the product links here. This is is one (free to you) way to support my videos.  https://paypal.me/paulvanderklay Blockchain backup on Lbry https://odysee.com/@paulvanderklay https://www.patreon.com/paulvanderklay Paul's Church Content at Living Stones Channel https://www.youtube.com/channel/UCh7bdktIALZ9Nq41oVCvW-A To support Paul's work by supporting his church give here. https://tithe.ly/give?c=2160640 https://www.livingstonescrc.com/give  

A Great Conversation About a Variety of Economic Subjects – with Don BoudreauxMichael Liebowitz is joined by economist, author, and professor Don Boudreaux for a wide-ranging discussion on economics, freedom, and the forces that shape prosperity. Don is the co-director of The Program on the American Economy and Globalization at The Mercatus Center at George Mason University, and coauthor (with Phil Gramm) of The Triumph of Economic Freedom, which can be purchased from the following link: https://www.amazon.com/dp/B0DK4H9KLP/ref=cm_sw_r_ffobk_cso_cp_apin_dp_2AJH2J1QMJ60E98E677AThis conversation dives into foundational economic principles, their relevance to today's policy debates, and why freedom and markets remain the keys to human flourishing.About Michael Liebowitz – Host of The Rational EgoistMichael Liebowitz is the host of The Rational Egoist podcast, a philosopher, author, and political activist committed to the principles of reason, individualism, and rational self-interest. Deeply influenced by the philosophy of Ayn Rand, Michael uses his platform to challenge cultural dogma, expose moral contradictions, and defend the values that make human flourishing possible.His journey from a 25-year prison sentence to becoming a respected voice in the libertarian and Objectivist communities is a testament to the transformative power of philosophy. Today, Michael speaks, writes, and debates passionately in defence of individual rights and intellectual clarity.He is the co-author of two compelling books that examine the failures of the correctional system and the redemptive power of moral conviction:Down the Rabbit Hole: How the Culture of Corrections Encourages Crimehttps://www.amazon.com.au/Down-Rabbit-Hole-Corrections-Encourages/dp/197448064XView from a Cage: From Convict to Crusader for Libertyhttps://books2read.com/u/4jN6xjAbout Xenia Ioannou – Producer of The Rational EgoistXenia Ioannou is the producer of The Rational Egoist, overseeing the publishing and promotion of each episode to reflect a consistent standard of clarity, professionalism, and intellectual integrity.As a CEO, property manager, entrepreneur, and lifelong advocate for capitalism and individual rights, Xenia ensures the podcast stays true to its core values of reason, freedom, and personal responsibility.Xenia also leads Capitalism and Coffee – An Objectivist Meetup in Adelaide, where passionate thinkers gather to discuss Ayn Rand's ideas and their application to life, politics, and culture.Join us at: https://www.meetup.com/adelaide-ayn-rand-meetup/(Capitalism and Coffee – An Objectivist Meetup)Because freedom is worth thinking about—and talking about.Follow Life on Purpose – Xenia's thought-provoking essays at her Substack:https://substack.com/@xeniaioannou?utm_source=user-menu#Economics #FreeMarkets #Liberty #Objectivism #Philosophy #RationalEgoistPodcast #DonBoudreaux #AmericanFreedom #MichaelLiebowitz

0:30 - NY appeals court sets aside $500M fine 16:08 - BLM Brandon's panic attacks 35:38 - Rhode Island Assistant AG Devon Hogan Flanagan arrested for trespassing 54:41 - Fitzgerald settles with NU 01:11:20 - Illinois Trucking Association Executive Director Matthew Hart on efforts to close loopholes that open the door for illegal immigrants to get commercial driver’s license. For more on the Illinois Trucking Association iltrucking.org 01:32:02 - American economist, author, professor, and co-director of the Program on the American Economy and Globalization at the Mercatus Center at George Mason University, Don Boudreaux, talks trade, tariffs and beyond. Check out Don’s blog at cafehayek.com 01:48:34 - Jonathan Alpert, psychotherapist practicing in New York and Washington, tackles Therapy’s Identity Politics Problem and breaks down the Mamdani supporter. Jonathan’s book Therapy Nation releases next year 02:06:36 - Open Mic Friday!See omnystudio.com/listener for privacy information.

David Brooks returns to the show with a stark diagnosis of American culture. Having evolved from a Democratic socialist to a neoconservative to what he now calls "the rightward edge of the leftward tendency," Brooks argues that America's core problems aren't economic but sociological—rooted in the destruction of our "secure base" of family, community, and moral order that once gave people existential security. Tyler and David cover why young people are simultaneously the most rejected and most productive generation, smartphones and sex, the persuasiveness of AI vs novels, the loss of audacity, what made William F. Buckley and Milton Friedman great mentors, why academics should embrace the epistemology of the interview, the evolving status of neoconservatism, what Trump gets right, whether only war or mass movements can revive the American psyche, what will end the fertility crisis, the subject of his book, listener questions, and much more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded July 22nd, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow David on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here. Photo Credit: Vladimir Kolesnikov/Michael Priest Photography

On this episode, Nathan Goodman interviews sociologist Timothy Dunn on the militarization of the U.S.-Mexico border and its consequences for human rights. Dunn discusses how U.S. border militarization grew out of the Cold War era “low intensity conflict” doctrine and was expanded by both parties through the 1990s strategy of “prevention through deterrence.” While this policy reduced crossings in urban areas like El Paso and San Diego, it pushed migrants into deserts and mountains, ultimately contributing to thousands of migrant deaths. Dunn explains how U.S. military training and interventions in Central America fueled violence and migration, how financial institutions and drug war policies have perpetuated instability, how political entrepreneurs use crisis narratives to expand coercive power, and how programs like Operation Lone Star model a new wave of militarized enforcement. He calls for more humane immigration reforms grounded in human rights, economic realities, and the everyday resilience of immigrant communities.Dr. Timothy J. Dunn is a Professor of Sociology at Salisbury University in Maryland. He is the author of Blockading the Border and Human Rights: The El Paso Operation that Remade Immigration Enforcement (University of Texas Press, 2009) and The Militarization of the U.S.-Mexico Border, 1978-1992: Low-Intensity Conflict Doctrine Comes Home (University of Texas Press, 1996).Show Notes:Handbook on Human Security, Borders and Migration (Edward Elgar Publishing, 2021) edited by Natalia Ribas-Mateos and Timothy DunnTodd Miller's book, Empire of Borders: The Expansion of the US Border around the WorldJason De León's book, The Land of Open Graves: Living and Dying on the Migrant TrailGary Becker's article, "Crime and Punishment: An Economic Approach" (Journal of Political Economy, 1968)Mexican Migration ProjectMacArthur Fellowship Recipient: Kelly Lytle HernándezNo More Deaths / No Más MuertesCoalición de Derechos HumanosCoalition for Humane Immigrant RightsACLU | Immigrants' RightsIf 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

Market: Climate and the predicted apocalypse. Veronique de Rugy, Mercatus Center 1958

In his third appearance on Conversations with Tyler, Nate Silver looks back at past predictions, weighs how academic ideas such as expected utility theory fare in practice, and examines the world of sports through the lens of risk and prediction. Tyler and Nate dive into expected utility theory and random Nash equilibria in poker, whether Silver's tell-reading abilities transfer to real-world situations like NBA games, why academic writing has disappointed him, his move from atheism to agnosticism, the meta-rationality of risk-taking, electoral systems and their flaws, 2028 presidential candidates,  why he thinks superforecasters will continue to outperform AI for the next decade, why more athletes haven't come out as gay, redesigning the NBA, what mentors he needs now, the cultural and psychological peculiarities of Bay area intellectual communities, why Canada can't win a Stanley Cup, the politics of immigration in Europe and America, what he'll work on next, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded July 23rd, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow Nate on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

On this episode of Virtual Sentiments, host Kristen Collins speaks with Amit Ron and Abraham Singer, co-authors of Everyone's Business:What Companies Owe Society (The University of Chicago Press, 2024). Together, Ron and Singer argue that businesses should move beyond profit and stakeholder models to actively protect democratic practices such as inclusion, reflexivity, and public oversight. They reject corporate claims to “civil disobedience” as prone to self-interest and warn against lobbying practices that create only the appearance of public participation. Drawing on the idea of institutional pluralism, they emphasize that democracy's role is to continually assess and revise the work of different institutions to ensure they serve the public interest.Dr. Amit Ron is an Associate Professor in School of Social and Behavioral Sciences at Arizona State University, focusing on the history of political economy and democratic theory.Dr. Abraham Singer is an Associate Professor of Management at Quinlan School of Business at Loyola University Chicago, specializing in business ethics and political theory.Read more work from Kristen Collins.Show Notes:Abe and Amit's book, Everyone's Business: What Companies Owe Society (The University of Chicago Press, 2024)Virtual Sentiments, S3E1 "Kris Rose on Deliberative Democracy and Meta's Community Forums"Virtual Sentiments, S3E5 "Alice Siu on Deliberative Polling and the Future of Democratic Dialogue"Virtual Sentiments, S1E4 "Jennifer Forestal on Designing Democratic Digital Spaces"Kevin Elliot's Democracy for Busy PeopleMark Warren's article, "Political Corruption as Duplicitous Exclusion"Pierre-Yves Néron's Seeing Like a Firm: Social Justice, Corporatiosn and the Conservative OrderScherer and Palazzo's 2007 article, "Toward a Political Conception of Corporate Responsibility: Business and Society Seen From a Habermasian Perspective"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.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatus

THE TIM JONES AND CHRIS ARPS SHOW Patrick Tuohey hosts x.com/PatrickTuohey 0:00 SEG 1 The Speaker's Stump Speech is brought to you by https://www.hansenstree.com/ and features an update from Israel. Hear Tim cry while talking about touching the exact spot where Christ was crucified. 14:48 SEG 2 Eli Kahn, Housing Policy Researcher, The Mercatus Center at George Mason University | TOPIC: Recent housing reforms in STL, what they mean and what other cities and states are doing to support housing development; then talk about WSJ story on New Rochelle x.com/Mercatus 32:40 SEG 3 Susan Pendergrass, Director of Research, Show-Me Institute | TOPIC: recent trends in STL crime https://x.com/spendergrass4 https://newstalkstl.com/ FOLLOW TIM - https://twitter.com/SpeakerTimJones FOLLOW CHRIS - https://twitter.com/chris_arps 24/7 LIVESTREAM - http://bit.ly/NEWSTALKSTLSTREAMS RUMBLE - https://rumble.com/NewsTalkSTL See omnystudio.com/listener for privacy information.

Annie Jacobsen has a favorite word for America's nuclear doctrine: madness. It's madness that any single person has six minutes to decide the fate of civilization, madness that we've built weapons capable of ending the world in 72 minutes, and madness that everything hangs by the thread of deterrence. But to Tyler, life is "a lot of different kinds of madness," and the real question is simply getting the least harmful form available to us. It's a conversation sparked by her latest book Nuclear War: A Scenario, which Tyler calls one of his favorites from last year—and which is compelling enough that Denis Villeneuve is turning it into a screenplay. Tyler and Annie explore whether we should be more afraid of nuclear weapons or if fear itself raises the risks, who should advise presidents during the six-minute decision window, whether moving toward disarmament makes us safer or more vulnerable, what Thomas Schelling really meant about nuclear war and rational actors, the probability that America would retaliate after a nuclear attack, the chances of intercepting a single incoming ICBM, why missile defense systems can't replicate Israel's Iron Dome success, how Pakistan-India nuclear tensions could escalate, why she's surprised domestic drone attacks haven't happened yet, her reporting on JFK assassination mysteries and deathbed phone calls, her views on UFOs and the dark human experiments at Area 51, what motivates intelligence community operators, her encounters with Uri Geller and CIA psychic research, what she's working on next, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded May 19th, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow Annie on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

On this episode, Nathan Goodman interviews political theorist Jacob Levy about the rule of law and its tensions with modern immigration enforcement. Drawing on his 2018 article, “The rule of law and the risks of lawlessness,” Levy explains that the rule of law requires laws to be general, predictable, and applied equally. Referencing thinkers like Montesquieu, Fuller, Hayek, Oakeshott, and Shklar, Levy argues that immigration control often violates these principles, especially when it involves militarized policing, extrajudicial punishment, and fear-based governance, which ultimately threatens both civil liberties and democratic institutions.Dr. Jacob T. Levy is Tomlinson Professor of Political Theory and associated faculty in the Department of Philosophy at McGill University. He is the coordinator of McGill's Research Group on Constitutional Studies and was the founding director of McGill's Yan P. Lin Centre for the Study of Freedom and Global Orders in the Ancient and Modern Worlds. He is a Senior Fellow at the Niskanen Center. He is the author of The Multiculturalism of Fear (Oxford University Press, 2000) and Rationalism, Pluralism, and Freedom (Oxford University Press, 2014).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

Markets: Taxes are not an answer, higher or lower.   Veronique de Rugy, MERCATUS CENTER, GEORGE MASON UNIVERSITY 1941 LUZERNE COUNTY, PA.

0:00 - Cincy beatings 7:40 - Mamdani on defunding police 27:12 - Pelosi insider trading 47:44 - Host of “The Futures Edge Podcast” and special contributor to Wirepoints, Jim Iuorio, responds to Brandon Johnson's floated corporate head tax - "they're putting people against the wall who have options" For podcast updates & more @jimiuorio 01:06:34 - Clinical Professor of Law and Director of the Securities Law Clinic at Cornell Law School, William Jacobson: "You only have freedom on campuses if you are liberal, very liberal, far-left anarchist, or anti-Israel anti-American" Professor Jacobson is also the founder of LegalInsurrection.com and president of the Legal Insurrection Foundation 01:28:06 - SPORTS & POLITICS 01:47:53 - Chris Ferguson, professor of psychology at Stetson University: Dopamine Is Not Why Kids Love TikTok. Follow Chris on X @CJFerguson1111 02:09:49 - Martin Gurri, former CIA analyst, presently a Visiting Fellow at the Mercatus Center of George Mason University: Obama’s bruised ego was behind the corrupt plot to bring down Trump. Martin is also author of The Revolt of the Public and the Crisis of Authority in the New MillenniumSee omnystudio.com/listener for privacy information.

Roger welcomes Dr. Donald J. Boudreaux, professor of economics at George Mason University and longtime TFAS senior scholar who teaches the economics for the citizen course, for a conversation about the enduring value of economic freedom and the importance of correcting common myths that cloud public understanding of capitalism.They discuss how misconceptions about economic history — the Industrial Revolution, the Great Depression and the New Deal — have shaped misguided policies and narratives; why free markets, not government planning are responsible for the unprecedented rise in global living standards; and why economic literacy is essential for preserving that progress. They also reflect on the power of clear, engaging economics education in helping students see the world more clearly.Donald J. Boudreaux is a senior fellow at the Mercatus Center at George Mason University. He has authored numerous books, including his new title, “The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism,” co-authored with Senator Phil Graham. He writes widely on trade, liberty and economic growth, and is the longtime editor of the blog “Café Hayek.”The Liberty + Leadership Podcast is hosted by TFAS president Roger Ream and produced by Podville Media. If you have a comment or question for the show, please email us at podcast@TFAS.org. To support TFAS and its mission, please visit TFAS.org/support.Support the show

Helen Castor is a British historian and BBC broadcaster who left Cambridge because she wanted to write narrative history focused on individuals rather than the analytical style typical of academia. As someone interested in individual psychology and the functioning of power, Castor finds medieval England offers the perfect setting because its sophisticated power structures exist in “bare bones” without the “great apparatus of state,” bringing individual power plays into sharper relief. Her latest book, The Eagle and the Hart, exemplifies this approach by examining Richard II and Henry IV as individuals whose personal choices became constitutional precedents that echo through English history. Tyler and Helen explore what English government could and couldn't do in the 14th century, why landed nobles obeyed the king, why parliament chose to fund wars with France, whether England could have won the Hundred Years' War, the constitutional precedents set by Henry IV's deposition of Richard II, how Shakespeare's Richard II scandalized Elizabethan audiences, Richard's superb artistic taste versus Henry's lack, why Chaucer suddenly becomes possible in this period, whether Richard II's fatal trip to Ireland was like Captain Kirk beaming down to a hostile planet, how historians continue to discover new evidence about the period, how Shakespeare's Henriad influences our historical understanding, Castor's most successful work habits, what she finds fascinating about Asimov's I, Robot, the subject of her next book, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded April 2nd, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow Helen on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here. Photo Credit: Stuart Simpson

On this episode, Peter Boettke chats with Mark Pennington on Mark's latest book, Foucault and Liberal Political Economy: Power, Knowledge, and Freedom (Oxford University Press, 2025). Pennington argues that Foucault's ideas on self-creation, disciplinary power, and biopolitics align with key liberal concerns about social control and individual agency. He critiques how both liberals and Foucauldian critics have misunderstood or ignored these connections, and drawing on thinkers like Hayek, Buchanan, and Ostrom, he calls for a liberalism that emphasizes pluralism, resists technocratic overreach, and engages more deeply with the insights of the humanities.Dr. Mark Pennington is Professor of Political Economy and Public Policy in the Department of Political Economy at King's College London. He holds a PhD from the London School of Economics and Political Science. Pennington is currently director of the Centre for the Study of Governance and Society.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

In this episode, Senior Research Fellow at Mercatus Center and host of Macro Musings David Beckworth breaks down the rising risks of fiscal dominance—when the Fed prioritizes government solvency over price stability. He explains the historical context of fiscal dominance, the warning signs we're seeing today, and why current debt levels, persistent deficits, and political gridlock are pushing us closer to stage three. Beckworth also dives into the mechanics of stablecoins, the Treasury's issuance strategy, and potential reforms to the Fed's operating system, including balance sheet management and NGDP targeting. He warns that without serious structural change, the Fed's independence and credibility may be at risk. Enjoy! __ Follow David: https://x.com/DavidBeckworth Follow Felix: https://x.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Follow Blockworks: https://twitter.com/Blockworks_ Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTEx Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance __ Join us at Digital Asset Summit in London October 13-15. Use code FORWARD100 for $100 OFF https://blockworks.co/event/digital-asset-summit-2025-london __ This Forward Guidance episode is brought to you by VanEck. Learn more about the VanEck Semiconductor ETF (SMH): http://vaneck.com/SMHFelix Learn more about the VanEck Fabless Semiconductor ETF (SMHX): vaneck.com/SMHXFelix Echo Protocol is the first Bitcoin liquid re-staking and yield layer on MoveVM. As the second-largest protocol on Aptos by TVL, Echo secures nearly half of the network's bridged assets with ~$270M in aBTC minted. https://www.echo-protocol.xyz/ — Timestamps: (00:00) Intro (01:27) Major Regime Shift (05:00) Last Era of Fiscal Dominance (08:13) Ads (VanEck, Aptos) (09:35) Fiscal Dominance Catalysts (12:29) Phases of Fiscal Dominance (18:37) Can Stablecoins Help? (23:51) Active Treasury Issuance (26:44) Ads (VanEck, Aptos) (28:06) Is the Endgame YCC? (31:29) Crossing the Rubicon (33:23) Fed Monetary Policy Framework (38:18) The Ideal Fed Reaction Function (45:18) Rethinking Forward Guidance (47:52) Balance Sheet Goals (52:13) Realistic to Offload Duration? (54:38) Should We Remove IORB? (01:13) Final Thoughts __ Disclaimer: Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed. #Macro #Investing #Markets #ForwardGuidance

**Content Warning** This episode includes discussions of sexual assault and attempted murder, which may be distressing for some listeners. Please listen with care.On this episode of Virtual Sentiments, host Kristen Collins speaks with Susan Brison, author of Aftermath: Violence and the Remaking of a Self (Princeton University Press, 2002; 20th Anniversary Edition, 2023). In this conversation, Brison reflects on trauma, gendered violence, and the limits of traditional philosophy. She shares the story of her own rape, the trial that followed, and how it shaped her research and philosophy. Their conversation explores the feminist claim that “the personal is political,” emphasizing how trauma disrupts trust and identity, and how recovery requires relational support. Brison also critiques the punitive criminal justice system, advocating for restorative approaches that promote healing over retribution.Dr. Susan Brison is Susan and James Wright Professor of Computation and Just Communities and Professor of Philosophy at Dartmouth College where she is also Director of the Susan and James Wright Center for the Study of Computation and Just Communities.Read more work from Kristen Collins.Show Notes:APA Studies's special issue on Susan's work, "Feminism and Philosophy"Judith Herman's Trauma and Recovery: The Aftermath of Violence—From Domestic Abuse to Political TerrorNancy Sherman's Afterwar: Healing the Moral Wounds of Our SoldiersJonathan Shay's Achilles in Vietnam: Combat Trauma and the Undoing of CharacterRobin Dembroff's "Real Men on Top"Linda Martin Alcoff's Rape and ResistanceMary Ann Franks's "Democratic Surveillance"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.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatus

CONGRESS:; HSA GROWING. VERONIQUE DE RUGY, MERCATUS CENTER, GEORGE MAASON UNIVERSITY 1951 NEWARK NJ

In this eye-opening episode of The Brian Nichols Show, we rip the mask off the growing crusade against pharmacy benefit managers (PBMs). Critics claim PBMs are behind rising drug costs, but is that the full story - or just the version Big Pharma wants you to believe? If you've ever looked at your pharmacy receipt and wondered why your medication costs more than your electric bill, you won't want to miss this deep dive. Studio Sponsor: Cardio Miracle - "Unlock the secret to a healthier heart, increased energy levels, and transform your cardiovascular fitness like never before.": CardioMiracle.com/TBNS Brian welcomes economist and researcher Satya Marar from the Mercatus Center to break down how PBMs actually work, why they're being blamed for high drug prices, and what the real drivers of healthcare inflation are. Together, they dismantle the most common talking points against PBMs, including rebate manipulation, lack of transparency, spread pricing, and claims of collusion with insurers. It's a masterclass in separating economic fact from political fiction. We also unpack the emotional tug-of-war between small-town pharmacies and corporate chains. What happens when “Fred's Pharmacy” can't compete with CVS and Walgreens? Is it worth paying more for drugs to keep the local guy afloat - or are there smarter ways to balance access, cost, and community values without wrecking the system? But here's the kicker: what if the real culprit isn't the PBMs at all, but a broken government pricing system and global freeloading by other countries? Yeah, we go there. From Medicare's price models to how the U.S. subsidizes R&D for the world, we expose what's actually driving your pill prices through the roof. If you're sick of the soundbites and want real answers about the mess that is American drug pricing - this episode delivers. Tune in, take notes, and walk away with a smarter, sharper view of healthcare economics than most politicians will ever have. ❤️ Order Cardio Miracle (CardioMiracle.com/TBNS) for 15% off and take a step towards better heart health and overall well-being!

Katherine Boyle is a General Partner at Andreessen Horowitz and cofounder of its American Dynamism practice, investing in sectors such as defense, aerospace, manufacturing, and infrastructure. She serves on the boards of Apex Space and Hadrian Automation, and is a board observer for Saronic Technologies and Castelion. Previously, she was a partner at General Catalyst, where she co-led the seed practice and backed companies like Anduril Industries and Vannevar Labs. She was also a reporter at The Washington Post. Katherine holds a BA from Georgetown, an MBA from Stanford, and a Master's from the National University of Ireland, Galway. She sits on the boards of The Free Press and the Mercatus Center. Shawn Ryan Show Sponsors: https://americanfinancing.net/srs NMLS 182334, nmlsconsumeraccess.org https://tryarmra.com/srs https://betterhelp.com/srs This episode is sponsored. Give online therapy a try at betterhelp.com/srs and get on your way to being your best self. https://meetfabric.com/shawn https://shawnlikesgold.com https://hillsdale.edu/srs https://masachips.com/srs – USE CODE SRS https://paladinpower.com/srs – USE CODE SRS https://patriotmobile.com/srs https://rocketmoney.com/srs https://ROKA.com – USE CODE SRS https://trueclassic.com/srs https://USCCA.com/srs https://blackbuffalo.com Katherine Boyle Links: Website - https://a16z.com/author/katherine-boyle X - https://x.com/KTmBoyle Learn more about your ad choices. Visit podcastchoices.com/adchoices

Is the war on PBMs really about helping patients - or just another power grab dressed up as reform? In this eye-opening episode of The Brian Nichols Show, we rip the mask off the growing crusade against pharmacy benefit managers (PBMs). Critics claim PBMs are behind rising drug costs, but is that the full story - or just the version Big Pharma wants you to believe? If you've ever looked at your pharmacy receipt and wondered why your medication costs more than your electric bill, you won't want to miss this deep dive. We have a new show on Lions of Liberty! The Politicks Podcast! Be sure to subscribe to the standalone Politicks Podcast feed. This is the absolute best way to support the show! Listen and subscribe on Apple Podcasts and Spotify. And remember, they're all Blood Suckers! Studio Sponsor: ⁠Cardio Miracle⁠ - "Unlock the secret to a healthier heart, increased energy levels, and transform your cardiovascular fitness like never before.": ⁠CardioMiracle.com/TBNS⁠ Brian welcomes economist and researcher Satya Marar from the Mercatus Center to break down how PBMs actually work, why they're being blamed for high drug prices, and what the real drivers of healthcare inflation are. Together, they dismantle the most common talking points against PBMs, including rebate manipulation, lack of transparency, spread pricing, and claims of collusion with insurers. It's a masterclass in separating economic fact from political fiction. We also unpack the emotional tug-of-war between small-town pharmacies and corporate chains. What happens when “Fred's Pharmacy” can't compete with CVS and Walgreens? Is it worth paying more for drugs to keep the local guy afloat - or are there smarter ways to balance access, cost, and community values without wrecking the system? But here's the kicker: what if the real culprit isn't the PBMs at all, but a broken government pricing system and global freeloading by other countries? Yeah, we go there. From Medicare's price models to how the U.S. subsidizes R&D for the world, we expose what's actually driving your pill prices through the roof. If you're sick of the soundbites and want real answers about the mess that is American drug pricing - this episode delivers. Tune in, take notes, and walk away with a smarter, sharper view of healthcare economics than most politicians will ever have. Order ⁠Cardio Miracle⁠ (⁠CardioMiracle.com/TBNS⁠) for 15% off and take a step towards better heart health and overall well-being!Submit Listener Questions to ⁠brian@briannicholsshow.com⁠ to hear your questions and perspectives answered and shared each and every week! WATCH The Brian Nichols Show, available on ⁠YouTube⁠ & ⁠Rumble⁠. With over 990 episodes featuring local candidates, elected officials, economists, CEOs, and more, each show educates, enlightens, and informs. Follow Brian on social media: X.com/Twitter ⁠(https://www.briannicholsshow.com/twitter⁠) & Facebook (⁠https://www.briannicholsshow.com/facebook⁠) Don't forget to like, share, and subscribe to ⁠The Brian Nichols Show ⁠for more captivating interviews and insights into common sense solutions for local problems! Learn more about your ad choices. Visit megaphone.fm/adchoices

David Robertson is a rare conductor who unites avant-garde complexity with accessibility. After serving as music director of the Ensemble Intercontemporain, Pierre Boulez's storied contemporary-music ensemble, he went on to rejuvenate the St. Louis Symphony. Robertson combines a fearless approach to challenging scores with a deep empathy for audiences. Tyler and David explore Pierre Boulez's centenary and the emotional depths beneath his reputation for severity, whether Boulez is better understood as a surrealist or a serialist composer, the influence of non-Western music like gamelan on Boulez's compositions, the challenge of memorizing contemporary scores, whether Boulez's music still sounds contemporary after decades, where skeptics should start with Boulez, how conductors connect with players during a performance, the management lessons of conducting, which orchestra sections posed Robertson the greatest challenges, how he and other conductors achieve clarity of sound, what conductors should read beyond music books, what Robertson enjoys in popular music, how national audiences differ from others, how Robertson first discovered classical music, why he insists on conducting the 1911 version of Stravinsky's Petrushka rather than the 1947 revision, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded March 12th, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here. Photo Credit: Chris Lee

On this episode, Nathan Goodman speaks with Abby Hall on the "boomerang effect," where U.S. military tools and tactics used abroad—like drones—are repurposed for domestic border enforcement. Hall discusses how restrictive immigration policies, such as the Secure Fence Act and Operation Streamline, often lead to unintended consequences like increased migrant deaths and overwhelmed asylum systems. She advocates for more open immigration pathways to improve both humanitarian outcomes and resource allocation. The conversation also highlights how past U.S. interventions in Latin America have contributed to current migration patterns and emphasizes the importance of humility and flexibility in policy research.Dr. Abigail R. Hall is an Associate Professor of Economics at the University of Tampa and a Senior Affiliated Scholar at the Mercatus Center at George Mason University. She has published numerous books, including her most recent satirical book, How to Run Wars: A Confidential Playbook for the National Security Elite co-authored with Christopher J. Coyne (2024). She holds a PhD in Economics from George Mason University and is an alum of the Mercatus PhD Fellowship.Show Notes:Hall's article, "Border Fencing, Migrant Flows, and Crossing Deaths"Hall's article, "The Unintended Consequences of U.S. Asylum Policy"If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.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

CONGRESS: GOOD BAD UGLY OF THE BIG BEAUTIFUL BILL, NOW ACT. VERONIQUE DE RUGY, MERCATUS CENTER, GEORGE MASON UNIVERSITY. 1892 SCOTUS

Austan Goolsbee is one of Tyler Cowen's favorite economists—not because they always agree, but because Goolsbee embodies what it means to think like an economist. Whether he's analyzing productivity slowdowns in the construction sector, exploring the impact of taxes on digital commerce, or poking holes in overconfident macro narratives, Goolsbee is consistently sharp, skeptical, and curious. A longtime professor at the University of Chicago's Booth School and former chair of the Council of Economic Advisers under President Obama, Goolsbee now brings that intellectual discipline—and a healthy dose of humor—to his role as president of the Federal Reserve Bank of Chicago. Tyler and Austan explore what theoretical frameworks Goolsbee uses for understanding inflation, why he's skeptical of monetary policy rules, whether post-pandemic inflation was mostly from the demand or supply side, the proliferation of stablecoins and shadow banking, housing prices and construction productivity, how microeconomic principles apply to managing a regional Fed bank, whether the structure of the Federal Reserve system should change, AI's role in banking supervision and economic forecasting, stablecoins and CBDCs, AI's productivity potential over the coming decades, his secret to beating Ted Cruz in college debates, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated Conversations with Tyler channel. Recorded March 3rd, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow Austan on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

Most people who leave Wall Street after twenty years either retire or find another way to make a lot of money. Chris Arnade chose to walk through cities most travelers never truly see. What emerged from this approach is a unique form of street-level sociology that has attracted a devoted following on Substack. Arnade's work suggests that our most sophisticated methods of understanding the world might be missing something essential that can only be discovered by moving slowly through space and letting strangers tell you, their stories. Tyler and Chris discuss how Beijing and Shanghai reveal different forms of authoritarian control through urban design, why Seoul's functional dysfunction makes it more appealing than Tokyo's efficiency, favorite McDonald's locations around the world, the dimensions for properly assessing a city's walkability, what Chris packs for long urban jaunts, why he's not interested in walking the countryside, what travel has taught him about people and culture, what makes the Faroe Islands and El Paso so special, where he has no desire to go, the good and bad of working on Wall Street, the role of pigeons and snapping turtles in his life, finding his 1,000 true fans on Substack, whether museums are interesting, what set him on this current journey, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated CWT channel. Recorded February 27th, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow Chris on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here. Photo Credit: Bryan Jones

Any Austin has carved a unique niche for himself on YouTube: analyzing seemingly mundane or otherwise overlooked details in video games with the seriousness of an art critic examining Renaissance sculptures. With millions of viewers hanging on his every word about fluvial flows in Breath of the Wild or unemployment rates in the towns of Skyrim, Austin has become what Tyler calls "the very best in the world at the hermeneutics of infrastructure within video games." But Austin's deeper mission is teaching us to think analytically about everything we encounter, and to replace gaming culture's obsession with technical specs and comparative analysis with a deeper aesthetic appreciation that asks simply: what are we looking at, and what does it reveal? Tyler and Austin explore the value of the YouTube algorithm, what he notices now about real-world infrastructure, whether he perceives glitches IRL, why AI-generated art is getting less interesting, how the value of historical context differs between artistic forms, an aesthetic abundance agenda for nuclear power, the trajectory of video game quality since the 80s, whether the pace of seminal game releases has slowed, the relative value of commentary to the games themselves, why virtual reality adds nothing meaningful to the gaming experience, what's wrong with most video game analysis, what to eat in New Orleans, Tyler's gaming history, and more. Read a full transcript enhanced with helpful links, or watch the full video on the new dedicated CWT channel. Recorded March 7th, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

John Arnold built his fortune in energy trading by surrounding himself with smart people, maintaining emotional detachment, sensing market imbalances through first-principles analysis, and focusing with laser intensity on a single niche until he dominated it completely. Now he's applying that same analytical rigor to philanthropy, where he's discovered that changing human behavior for the long term proves far more challenging than predicting natural gas prices, and that the academic research meant to guide social policy is often riddled with perverse incentives and poor methodology. Tyler and John discuss his shift from trading to philanthropy and more, including the specific traits that separate great traders from good ones, the tradeoffs of following an "inch wide, mile deep" trading philosophy, why he attended Vanderbilt, the talent culture at Enron, the growth in solar, the problem with Mexico's energy system, where Canada's energy exports will go, the hurdles to next-gen nuclear, how to fix America's tripartite energy grid, how we'll power new data centers, what's best about living in Houston, his approach to collecting art, why trading's easier than philanthropy, how he'd fix tax the US tax code and primary system, and what Arnold Ventures is focusing on next. Read a full transcript enhanced with helpful links, or watch the full video. Recorded April 28th, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow John on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

Theodore Schwartz stands at the pinnacle of neurosurgical expertise. With over 500 published articles, 200 pieces of commentary, and 5 patents to his name—effectively producing a scholarly work every two weeks for three decades—Schwartz has spent most of his career at Weill Cornell Medicine, where he pioneered new minimally-invasive surgical techniques and led the Epilepsy Research Laboratory, among many (many) other things. His recent book Gray Matters: A Biography of Brain Surgery offers readers an insider's view of one of medicine's most demanding specialties. Tyler and Ted discuss how the training for a neurosurgeon could be shortened, the institutional factors preventing AI from helping more in neurosurgery, how to pick a good neurosurgeon, the physical and mental demands of the job, why so few women are currently in the field, whether the brain presents the ultimate bottleneck to radical life extension, why he thinks free will is an illusion, the success of deep brain stimulation as a treatment for neurological conditions,  the promise of brain-computer interfaces, what studying epilepsy taught him about human behavior, the biggest bottleneck limiting progress in brain surgery, why he thinks Lee Harvey Oswald acted alone, the Ted Schwartz production function, the new company he's starting, and much more. Read a full transcript enhanced with helpful links, or watch the full video. Recorded January 31st, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow Theodore on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.

Newt discusses the potential crises between China and Taiwan with Dr. Weifeng Zhong, a senior advisor at the America First Policy Institute and an affiliate scholar at the Mercatus Center. Dr. Zhong leads the open-source Policy Change Index project, which uses AI and machine learning to analyze propaganda texts and predict government actions. Their conversation explores the Chinese Communist Party's attitude towards Taiwan, the role of propaganda in shaping public sentiment, and the implications of China's domestic challenges on its foreign policy. Dr. Zhong highlights the importance of monitoring changes in propaganda to understand Beijing's intentions and discusses the potential impact of economic weakness on China's approach to Taiwan. They also discuss the use of AI in analyzing North Korean propaganda and the broader implications of Chinese technology in global surveillance. Dr. Zhong's insights provide a nuanced understanding of the geopolitical dynamics in the Taiwan Strait and the role of AI in predicting potential conflicts.See omnystudio.com/listener for privacy information.