Podcast appearances and mentions of Peter Boettke

On this episode of the Hayek Program Podcast, Peter Boettke reflects on the lessons he's learned throughout his academic career, focusing on what it takes to succeed after graduate school. Boettke encourages graduates to: value the scientific pursuit of truth and scholarship; cultivate a sense of awe, wonderment, surprise, and appreciation; and to be curious. He cautions against prioritizing cleverness over clarity and emphasizes the need to continually adapt and adjust. Persistence and hard work pays off. Try to pursue ideas, not people. Don't be inept and don't be lazy. Pay attention to details. Be a productive member of your department. Produce research that is genuinely interesting and of intrinsic value to your academic peers. Try to be a life changing professor. Work with good people who challenge you and find that network which insists on lifelong learning, one where you can harshly criticize one another then go have a beer together. Boettke highlights the ongoing work of the liberal project, arguing that liberalism is not a fixed doctrine, it's an emancipatory project. Liberalism begins with a very strong recognition of oppression, but it brings a promise of deliverance. Because language and problems change over time, liberalism must be restated in the language and concepts of successive generations. He argues that the worst thing that can happen to a good cause is not to be artfully criticized, but to be ineptly defended.Peter Boettke is a Distinguished University Professor of Economics and Philosophy at George Mason University and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. He has published numerous books including The Socialist Calculation Debate: Theory, History, and Contemporary Relevance (2024), Money and the Rule of Law: Generality and Predictability in Monetary Institutions (2021), Living Economics: Yesterday, Today, and Tomorrow (2012), and Challenging Institutional Analysis and Development: The Bloomington School (2009).If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, a podcast series from the Hayek Program, is streaming. Subscribe today and listen to season three, releasing now!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Guest: Peter Boettke (George Mason University) Host and Producer: Maria Bach (Centre Walras-Pareto, University of Lausanne) Based on almost 2 years of interviews with current and former PhD students, supervisors along with lots and lots of conversations on supervision, I offer you a series of episodes on supervision. In the first episode, I explore a series of critical "don'ts" that both PhD students and their supervisors should be aware of to ensure a healthier, more productive PhD journey. In the following episode, I will be offering up lots of solutions or rather the dos of supervision. Then there will be an episode on all the cases where it's not clear what the best solution is, or the solution is rather different depending on context: I am calling them the in-betweens. In this fourth episode I will be talking to a sort of PhD coach, who has lots of experience with supervising and thinking about supervision. A final short episode will offer us a list of 10 key things that supervisors and PhD students need – the 10 commandments of supervision, if you will.

For more than a century, some economists have insisted that central planning can outperform markets. Economists like Mises, Hayek, and Friedman disagreed. Who won this debate? Is it over? Does AI change how we should think about the power of planning? Listen as economist Peter Boettke of George Mason University discusses what is known as the "socialist calculation debate" with EconTalk's Russ Roberts.

Gabriel Custodiet speaks with economist Peter Boettke about the details surrounding the Soviet economy that Lenin, and then Stalin, attempted to create in their utopian hubris.   GUEST → https://www.peter-boettke.com/ → https://www.amazon.com/stores/Peter-J.-Boettke/author/B001IQWMUQ  → Main book discussed: The Political Economy of Soviet Socialism: the Formative Years, 1918-1928 → https://www.realitiesofsocialism.org/    MENTIONED → https://www.clara-elizabeth.com/ (Fertility gap and economic freedom) → To the Finland Station → Ten Days that Shook the World   WATCHMAN PRIVACY → https://watchmanprivacy.com (Including privacy consulting) → https://twitter.com/watchmanprivacy → https://escapethetechnocracy.com/ CRYPTO DONATIONS →8829DiYwJ344peEM7SzUspMtgUWKAjGJRHmu4Q6R8kEWMpafiXPPNBkeRBhNPK6sw27urqqMYTWWXZrsX6BLRrj7HiooPAy (Monero) →https://btcpay0.voltageapp.io/apps/3JDQDSj2rp56KDffH5sSZL19J1Lh/pos (BTC) TIMELINE 00:00 – Introduction 2:00 – What were the first things Lenin did? 7:00 – Did the Soviet economy work initially? 20:35 – Shortage economies 22:15 – Removing sex roles affects Soviet economy? 27:10 – Did the USSR have its own military-industrial complex? 28:30 – Any interesting statistics come out of USSR? 32:35 – Did Trofim Lysenko kill 55 million people? 35:50 – Did the US fight on the wrong side during WWII? 37:35 – Why is von Mises so important? 44:00 – Is economics itself the problem? 51:45 – Poland and Estonia   Music by Karl Casey @ White Bat Audio

On this episode of the Hayek Program Podcast, Peter Boettke gives the opening keynote lecture at the 2022 Markets & Society conference. In this lecture, Boettke speaks on the importance of “relations before transactions”, emphasizes the impact of social interactions on economic activity and the role of trust, norms, and institutions, and highlights the insights of Adam Smith, F.A. Hayek, and Elinor Ostrom. Boettke explores the intersections between markets and society, opening the conference with a discussion of its theme.Peter Boettke is a Distinguished University Professor of Economics and Philosophy at George Mason University and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. He has published numerous books including Money and the Rule of Law: Generality and Predictability in Monetary Institutions (2021), Living Economics: Yesterday, Today, and Tomorrow (2012), and Challenging Institutional Analysis and Development: The Bloomington School (2009).This lecture has been published in the Markets & Society Journal, Volume 1 Issue 1, as "Toward a Theory of Social Cooperation under the Division of Labor." Learn more about the Markets & Society conference and journal here.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is streaming! Subscribe today and listen to seasons one and two.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Join me for Episode 119 of the Let People Prosper Show with Dr. Peter Boettke, a Distinguished University Professor of Economics at George Mason University, the BB&T Professor for the Study of Capitalism, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. He recently received the Public Choice Society's highest academic honor for his significant contributions to Public Choice scholarship.In our conversation, Pete discusses the evolution of economic thought, the importance of education in shaping economists, and the role of government in economics. We explore personal experiences that led them to economics, the influence of key figures like Milton Friedman and Friedrich Hayek, and the challenges of public governance. The discussion emphasizes the need for economic literacy, the importance of rules in policy, and the future of economic thought in addressing contemporary issues.Please share and rate the Let People Prosper Show wherever you get your podcasts, visit vanceginn.com for more insights, and subscribe to my newsletter for show notes at vanceginn.substack.com.

Send us a textIt's often said that if you want to get to know someone, you should look through their garbage. Now, I don't recommend this method of getting to know someone (it's kind of gross). But biographers often have the luck of getting to know the people they study by looking through their stuff- that stuff not being actual garbage. For example, Bruce Caldwell spent time with Hayek's skis and botanical photographs. You might be thinking, why do I care? Why does anyone care? Hayek didn't even write about skiing or photography! That's exactly the point: the minutia of life, those characteristics that are seemingly irrelevant to the output of an academic can give insight into their uniqueness. Hayek's context, his family, and youth and involvement in certain political parties, shines a light on what, why, and how he thought, which helps us to better understand him and his ideas. Join me today in conversation with Bruce Caldwell, one of Hayek's biographers, to explore the context of Hayek and what it means to be a biographer. Caldwell is a research professor of economics at Duke where he is the Director of the Center for the History of Political Economy. He is also the co-author of the book Hayek: A Life, among other works. He also believes Santa Claus exists (stay tuned to hear why!). Want to explore more?Don Boudreaux on the Essential Hayek, a Great Antidote podcast.Bruce Caldwell on Hayek, an EconTalk podcast.Rosolino Candela, Using Reason to Understand the Abuse and Decline of Reason, an Econlib Liberty Classic.Peter Boettke, Hayek's Nobel at 50, at EconLog.Peter Boettke, Hayek's Epistemic Liberalism, in Liberty Matters at the Online Library of Liberty.Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

On this episode of the Hayek Program Podcast, Bobbi Herzberg interviews Matt Mitchell on Certificate of Need (CON) laws, what change in healthcare looks like, and socialized healthcare. Matthew Mitchell is a Senior Affiliated Scholar at the Mercatus Center at George Mason University and a Senior Fellow in the Centre for Economic Freedom at the Fraser Institute.Read Matt's book, co-authored with Peter Boettke, Applied Mainline Economics: Bridging the Gap between Theory and Public Policy and check out his work on the Realities of Socialism.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to seasons one and two!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the podcast, Peter Boettke interviews Chris Coyne on his latest book, How to Run Wars: A Confidential Playbook for the National Security Elite, co-authored with Abigail R. Hall. How to Run Wars provides a satirical take on the logistics and ethical considerations involved in conducting wars, drawing inspiration from Bruce Winton Knight's How to Run a War. Chris discusses his motivations for writing the book, its contents, and his research agenda.To learn more about Chris's research that aims to better understand stable peace and conflict, check out his Initiative for the Study of a Stable Peace (ISSP).Christopher Coyne is a Professor of Economics at George Mason University, the associate director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University, and Director of the Initiative for the Study of a Stable Peace (ISSP) through the Hayek Program.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to seasons one and two!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

The method of much of social science is "comparative statics." There's an amazing natura experiment going on, after Hurricane Maria changed the environment for the rhesus macaques of Cayo Santiago. Sometimes, you need a simulation to understand something is only obvious after the fact. These primates, known for their fierce competition and rigid hierarchies, expanded their social networks and reduced aggression to endure the island's new, harsh environment.Plus, a politically incorrect TWEJ, and an interesting letter. NYT Cayo Santiago storyA short piece on "anti-market atavisms" and Hayek's insights.Why you can't get a reservation at a restaurant...News story about "Monkey App"Book'o'da week: Peter Boettke, Erwin Dekker, and Chad Van Schoelandt, editors, Toward a Hayekian Theory of Social Change. https://rowman.com/ISBN/9781666937138/Toward-a-Hayekian-Theory-of-Social-ChangeIf you have questions or comments, or want to suggest a future topic, email the show at taitc.email@gmail.com ! You can follow Mike Munger on Twitter at @mungowitz

On this episode, we'll hear a book panel discussion on Peter Boettke's book, The Struggle for a Better World (Mercatus Center at George Mason University, 2021). In his comments, Boettke provides an overview of his book, emphasizes the role that institutions play in human societies, and discusses his focus on improving the human condition by lifting up those who are least prosperous in our world. The panel is moderated by Stefanie Haeffele, and they are joined on the panel by:Emily Chamlee-Wright, President and CEO of the Institute for Humane Studies, and co-author of How We Came Back: Voices from Post-Katrina New Orleans (2015)Alain Marciano, Professor of Economics and Statistics at the University of Turin, distinguished affiliated fellow with the Hayek Program, and author of James Buchanan and Peaceful Cooperation: From Public Finance to a Theory of Collective Action (2024)Mark Pennington, Professor of Political Economy and Public Policy and Director of the Center for the Study of Governance and Society at King's College London, and author of Robust Political Economy: Classical Liberalism and the Future of Public Policy (2011)View Emily Chamlee-Wright's "The Four Corners of Liberalism" graphic here.Peter Boettke is a Distinguished University Professor of Economics and Philosophy at George Mason University and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. He has published numerous books including Living Economics: Yesterday, Today, and Tomorrow (2012) and F. A. Hayek: Economics, Political Economy and Social Philosophy (2018).If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to seasons one and two!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

This week's guest on the Mixtape with Scott is someone I've admired for a very long time, even before I entered graduate school in 2002. Peter J. Boettke is the Distinguished University Professor of Economics and Philosophy, the Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics and the BB&T Professor for the Study of Capitalism at the Mercatus Center at George Mason University. It's hard to summarize just how important Peter has been to the story of Austrian economics, but in my mind, he's been one of the most influential people in that long tradition, both for his scholarly work on political economy, public choice and institutions, his leadership at George Mason, where the Austrian tradition has continued to thrive, and as a mentor to young people. I can only speak to myself, but I have looked up to Peter for a very long time as it was always very clear that he was a humble and serious scholar who also gave an incredible amount of time and mentorship to his students. All of those are to me examples of what I find to characterize some of the best of the profession's larger story, and so it was a real pleasure for him to sit down with me to talk about his career. I found it so interesting to hear his story in his own words, the economists he looked up to as a young person, his genuine love of economics, as a field, and how much he holds up his students and colleagues. Thank you, as always, for taking the to tune in. I hope you enjoy this time with Peter as much as I did. Scott's Substack is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Scott's Substack at causalinf.substack.com/subscribe

On this episode of the Hayek Program Podcast, Peter Boettke chats with David Beito on his latest book, The New Deal's War on the Bill of Rights: The Untold Story of FDR's Concentration Camps, Censorship, and Mass Surveillance (Independent Institute, 2023). Beito begins by recounting his early interests in classical liberalism, his association with then fellow student, Nancy MacLean, and his work on tax revolts and mutual aid societies. He then discusses FDR's ideological motivations and his pragmatic approach to politics, critiques FDR's encroachment on civil rights, including his approval of Japanese concentration camps, and explains the contrast between FDR's legacy amongst historians and economists.David T. Beito is Emeritus Professor of History at the University of Alabama and a Senior Fellow at the Independent Institute in California. He is the author of five books including From Mutual Aid to the Welfare State: Fraternal Societies and Social Services, 1890-1967 (The University of North Carolina Press, 2000).If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

How can economics empower individuals? This week, Roger Ream is joined by Peter Boettke, Professor of Economics and Philosophy at George Mason University and former professor for TFAS Prague, to unravel the impact of teaching economics beyond mere equations. To illustrate economic theory's relevance and its potential to shape a brighter future, Peter covers a broad range of subjects including the significance of the Austrian economics tradition, the economic transformation of Estonia and the dangers of socialist policies. Peter also shares how his own career shaped his belief that economics can serve as a tool for the curious and a discipline for the compassionate.  Peter Boettke is the author of several books, including “F. A. Hayek: Economics, Political Economy and Social Philosophy” and “Living Economics: Yesterday, Today, and Tomorrow.” Peter is also the co-editor of the economics textbook originally by Paul Heyne, “The Economic Way of Thinking.” Recently, he authored a substantial portion of the Fraser Institute series called “The Realities of Socialism.” TFAS's high school division, the Foundation for Teaching Economics (FTE), is turning that series into curriculum for high schools in the U.S. and Canada. Peter serves as editor of The Review of Austrian Economics and associate editor of The Journal of Economic Behavior & Organization. He is the recipient of multiple academic awards including the Golden Dozen Award for Excellence in Teaching. 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

Alex speaks with Peter Boettke and Matthew Mitchell about their recent book co-authored with Konstantin Zhukov about the unusual rise of Estonia from the ashes of Stalinism to their current status as one of the freest nations on earth.  Episode Notes: The conversation focusses on the book "Road To Freedom" which can be read in its entirety here: https://www.fraserinstitute.org/sites/default/files/road-to-freedom-estonias-rise-from-soviet-vassal-state-to-one-of-the-freest-nations-on-earth_0.pdf  A similar publication on the economic history of Poland by these same authors can be read in its entirety here: https://www.fraserinstitute.org/sites/default/files/road-to-socialism-and-back-an-economic-history-of-poland-1939-2019.pdf   

Peter Boettke sits down with Bryan Cheang, discussing unveiling liberalism in Southeast Asia. In this conversation, Bryan begins with discourse on the synthesis of different schools of thought in economic growth and development, stressing the importance of considering the relationship between cultural differences, classical liberalism, and economic development. He points out that in Asia, many countries adopted capitalist practices but remained authoritarian, challenging the notion that capitalism and freedom always go hand in hand. Bryan also argues for a broadening of methodological approaches in economics to include cultural and historical contexts of individuals.Bryan Cheang is the Assistant Director of the Centre for the Study of Governance & Society. He received his PhD and MA in Political Economy from King's College London and is a graduate of the National University of Singapore. He has authored three books including Economic Liberalism and the Developmental State: Hong Kong and Singapore's Post-war Development (Palgrave Macmillan, 2023), Liberalism Unveiled: Forging A New Third Way In Singapore (coauthored with Donovan Choy, World Scientific, 2021) and Free Market Humanitarianism (Ally Press, 2019). Bryan is an alum of the Mercatus Adam Smith Fellowship.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season two, now releasing!Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

This week, Peter Boettke interviews Jennifer Burns, author of Milton Friedman: The Last Conservative. Milton Friedman achieved tremendous sucess as an economist including being a John Bates Clark Medal winner, a Nobel Prize winner, and the president of the American Economic Association (AEA). In this episode, they discuss Friedman's time at Columbia University, the origin of his economic theory, the influence of Frank Knight, Friedman's female coauthors including Anna Schwartz and Rose Friedman, Friedman's association to conservatism, and more.Jennifer Burns is an Associate Professor of History at Stanford University and a Research Fellow at Stanford's Hoover Institution on War, Revolution, and Peace. She is the author of Milton Friedman: The Last Conservative (November, 2023) and Goddess of the Market: Ayn Rand and the American Right (2009). An expert on this history of conservative ideas and politics, she has written for The NewYork Times, The Financial Times, Bloomberg, and Dissent, and has discussed her work on The Daily Show, The Colbert Report, and elsewhere.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Peter Boettke is a professor of economics and philosophy at George Mason University, as well as the author of several books. Today we talk about a book called Mainline Economics, which is a collection of Nobel lectures from what he defines as “mainline economists”. A mainline economist's methodology of economics falls in the tradition and lineage of Adam Smith. We talk about the benefits of this type of economics and how it diverges from mainstream economics, along with when and why that happens. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Peter Boettke is a professor of economics and philosophy at George Mason University, as well as the author of several books. Today we talk about a book called Mainline Economics, which is a collection of Nobel lectures from what he defines as “mainline economists”. A mainline economist's methodology of economics falls in the tradition and lineage of Adam Smith. We talk about the benefits of this type of economics and how it diverges from mainstream economics, along with when and why that happens. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

On this episode of the Hayek Program Podcast, Rosolino Candela interviews Peter Boettke on his most recent book, The Road to Socialism and Back: An Economic History of Poland, 1939-2019, coauthored with Konstantin Zhukov and Matthew Mitchell.Pete and Rosolino dive into the world of scarcity and limited information, discussing the road to socialism and back. What does socialism lead to? What is necessary for countries to transition from poverty to wealth? Why did Poland do better than its neighbors? Have we overcome poverty today?They answer these questions and more and discuss the transitional gains trap, factors of recovery such as overcoming the pathology of privilege, shock therapy vs. gradualism and the issues with simultaneity, and the importance of critical people at critical times.Peter Boettke is Vice President for Advanced Study, Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, as well as the BB&T Professor for the Study of Capitalism at the Mercatus Center at George Mason University, and a Professor of Economics and Philosophy at George Mason University.*Recorded on August 17, 2023.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this special crossover episode, Ideas of India podcast host, Shruti Rajagopalan, interviews Peter Boettke on Austrian economics and the knowledge problem. In this, the second half of their conversation, Boettke speaks on the feasibility of technosocialism, why artificial intelligence will not solve the knowledge problem, what many economists throughout history misunderstood about the market process, mainline vs. mainstream economics and more.If you liked this two-part series with Shruti Rajagopalan, go check out the Ideas of India Podcast!Shruti Rajagopalan is a Senior Research Fellow at the Mercatus Center, a Fellow at the Classical Liberal Institute at New York University School of Law, and host of the Ideas of India Podcast. Previously, she was an Associate Professors of Economics at Purchase College, State University of New York.Learn more about Shruti Rajagopalan's work here.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

In a series of essays on my website, I've been setting out the case goodwill and what I call sympathetic joy within the liberal project. These virtues not only strengthen liberalism, but help us to be happier and more content within a diverse and dynamic liberal society.I haven't discussed this much on the podcast so far. And so I was happy that my friend Peter Boettke, a University Professor of Economics and Philosophy at George Mason University, gave me an excuse to do so by raising some critiques of my arguments. I've brought him on today to talk about the liberal virtues, goodwill and toleration, and the values liberal citizens should have.ReImagining Liberty is an independent show. If you enjoy it, consider becoming a supporter. You'll get access to the community Discord and our monthly reading group, as well as all of my essays—including the audio editions—a week early. Learn more at https://www.aaronrosspowell.com/subscribe.Podcast art by Sergio R. M. Duarte. Music by Kevin MacLeod. Get full access to Aaron Ross Powell at www.aaronrosspowell.com/subscribe Hosted on Acast. See acast.com/privacy for more information.

On this special crossover episode, Ideas of India podcast host, Shruti Rajagopalan, interviews Peter Boettke on Austrian economics and the knowledge problem. In this, the first half of their conversation, Boettke speaks on the writings of FA Hayek, the knowledge problem, calculation versus coordination, markets and institutions, the marginalists, issues of perfect competition, and much more!Check back on August 9th for the second part of this conversation or check out the Ideas of India Podcast to get early access to the full episode!Shruti Rajagopalan is a Senior Research Fellow at the Mercatus Center, a Fellow at the Classical Liberal Institute at New York University School of Law, and host of the Ideas of India Podcast. Previously, she was an Associate Professors of Economics at Purchase College, State University of New York.Learn more about Shruti Rajagopalan's work here.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we'll hear a book panel discussion on The Legacy of Richard E. Wagner, an edited volume recently published by the Mercatus Center at George Mason University. The panel is moderated by Peter Boettke and features Richard E. Wagner, reflecting on his career, his notion of entangled political economy, and future work still left to be done. They are joined on the panel by:Diana Thomas, Associate Professor of Economics and Director of the Institute for Economic Inquiry at the Heider College of Business at Creighton University, on "Emergence, Process, and the Asymmetries of Regulation: Wagnerian Political Economy"Adam Martin, Political Economy Research Fellow at the Free Market Institute and an Associate Professor of Agricultural and Applied Economics in the Gordon W. Davis College of Agricultural Sciences & Natural Resources at Texas Tech University, on "Expressive Entrepreneurship"Randall Holcombe, DeVoe Moore Professor of Economics at Florida State University, on "Untangling Political Economy"If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke interviews Federica Carugati, on reframing modern political economy. Carugati begins by sharing how she began her study of political economy and explains her work on premodern case studies, detailing which factors to consider when selecting premodern societies to apply to the modern day, including elements of size, homogeneity, and exclusion. Boettke and Carugati discuss the process of institution formation and the importance of creative and adaptive solutions. Later, they discuss how we ought to reconstruct the political economy and social science lenses, creating a space for a broader notion of theory and a richer theory of empirical research. Carugati emphasizes the need to build models where we can consider the complexity of human behavior, social norms, values, etc. They end their conversation with considerations of neoliberalism, governance by consent, and lessons on the importance of discipline and passion.Carugati is a lecturer in history and political economy at King's College in London and author of A Moral Political Economy: Present, Past and Future and Creating a Constitution: Law, Democracy and Growth in Ancient Athens. Learn more about Carugati.If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we'll hear a book panel discussion of Karen Vaughn's book, Essays on Austrian Economics and Political Economy. In it, Vaughn takes us through her intellectual journey and career. She conducts various explorations of ideas from her career, including wrestling with the concept of equilibrium through the lenses of Kirzner and Lachmann and building upon Hayek's work by applying systems theory to economics, as well as considering the future of Austrian economics. The panel is moderated by Peter Boettke, and they are joined on the panel by:Jayme Lemke, Senior Fellow with the F.A. Hayek ProgramBruce Caldwell, Director of the Center for the History of Political Economy & Distinguished Affiliated Fellow with the F.A. Hayek ProgramViktor Vanberg, Professor Emeritus at Freiburg University & Senior Fellow with the Walter Eucken InstitutIf you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts. Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Emily Chamlee-Wright continue their discussion of liberalism by focusing on the modern challenges facing liberal society. Boettke discusses what he views as the greatest missed opportunity for liberals in the 20th century and elaborates on what he views as the difference between an indicting liberal position and an instructive liberal position. Chamlee-Wright, in turn, offers up her thoughts on how an expansive view of liberalism helps us make better human connections and trust each other more as dignified equals. Additionally, Chamlee-Wright shares her thoughts on why she maintains an optimistic view for the success of the liberal project in the 21st century.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.To read Chamlee-Wright's piece at Profectus click here.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Emily Chamlee-Wright engage in a fruitful discussion of liberalism in its various tenets. In early 2022, Chamlee-Wright penned a piece in Profectus entitled, "The Four Corners of Liberalism: Mapping Out a Common Ground," in which she charts the different types of liberalism with an eye toward respect for all its adherents. Boettke & Chamlee-Wright discuss her framework, including her inspiration for the project, what the four corners entail, and how they can exist in tension with each other without eliminating any one corner. Additionally, they stress the need for an underlying appreciation of markets, which Chamlee-Wright describes as a "learning system" for people.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.To read Chamlee-Wright's piece at Profectus click here.Virtual Sentiments, our new podcast series from the Hayek Program is now streaming! Subscribe today and listen to season one on digital democracy.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Peter Boettke is a professor of economics and philosophy at George Mason University. He talks to us today about Don Lavoie, a late GMU economics professor, and his contributions. Lavoie's work focused mainly on central planning and the answer to the socialist calculation problem, continuing the work of Mises and Hayek. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Peter Boettke is a professor of economics and philosophy at George Mason University. He talks to us today about Don Lavoie, a late GMU economics professor, and his contributions. Lavoie's work focused mainly on central planning and the answer to the socialist calculation problem, continuing the work of Mises and Hayek. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

On this episode of the Hayek Program Podcast, we listen to a book panel discussion of Mark Koyama and Jared Rubin's book, How the World Became Rich, in which they dive into the many theories of why modern economic growth happened when and where it did. They tackle recently advanced theories rooted in geography, politics, culture, demography, and colonialism as they show that the past can provide a guide for how countries can escape poverty. Peter Boettke moderates as they are joined on the panel by commentators:Lisa Blaydes, Professor of Political Science at Stanford UniversityNathan Nunn, Frederic E. Abbe Professor of Economics at Harvard UniversityJoel Mokyr, Robert H. Strotz Professor at Northwestern UniversityIf you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.The Hayek Program Podcast now has merchandise available! Visit our merch store and use promo code "hayek" to take 10% off your order.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Chris Coyne discuss Coyne's latest book, In Search of Monsters to Destroy. After 9/11, the United States tried to establish liberal political regimes in the Middle East and in the mountains of Afghanistan—but the effort, according to Coyne, was doomed to fail as illiberal means can lead only to illiberal ends. Boettke & Coyne discuss the ways in which these illiberal means have failed to produce a liberal empire and examine whether interventionist methods ever have a place in foreign policy. Additionally, Coyne reveals his picks for those who have best upheld liberal traditions in foreign policy as well as those who ultimately disappointed in their interventionist views.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.The Hayek Program Podcast now has merchandise available! Visit our merch store and use promo code "hayek" to take 10% off your order.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Ben Powell tackle the ever-present question of what goes into a successful path through graduate school. Powell begins by explaining how he got interested in free-market ideas, and how a book giveaway at a conference cemented his desire to study economics. Additionally, the pair discusses the elements of success in graduate school including program building, dedication to teaching, publishing, and policy research. Later, they dive into some of Powell's research on immigration and socialism as he explains his unique approach to inquiry.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.The Hayek Program Podcast now has merchandise available! Visit our merch store and use promo code "hayek" to take 10% off your order.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Scott Beaulier discuss the topic of academic entrepreneurship as Scott shares experiences from his career in colleges and univerisities across the globe. Scott's humble beginnings in northern Michigan intially had him convinced he was heading towards a career as a McDonalds manager, until an economics class with David Prychitko awakened a desire for higher education within him. Scott describes his journey through the world of academia and the lessons he's learned along the way. Additionally, the pair recall Scott's time researching the economies of the Czech Republic and Botswana and the insights drawn from this research.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to the podcast or maybe a show topic you'd like to suggest? Write to us at hayekprogram@mercatus.gmu.edu with your questions and suggestions.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Adam Martin share a conversation on Martin's work in the field of Austrian economics and applied political economy. Martin first shares how he first became interested in economics at the University of Dallas before moving on to King's College London and New York University. Later, he shares his concept of "degenerate cosmopolitanism" and how it relates to current discussions surrounding egalitarianism. We'll also hear how his own research in Austrian economics has shaped his thinking in recent times and why he recommends that every economist looks to Charles Jones for a primer on the facts of economic growth.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to the podcast or maybe a show topic you'd like to suggest? Write to us at hayekprogram@mercatus.gmu.edu with your questions and suggestions.Read more of Dr. Martin's work here.Find the Jones piece here.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, we revisit a conversation from the Hayek Program Podcast with Peter Boettke & Bobbi Herzberg as they recount their histories with Elinor Ostrom. They explore Herzberg's time learning from and working with the Ostroms. Herzberg explains how the Ostroms shaped her conception of political economy and demonstrated to her how to be intellectually curious and a lifelong learner. Herzberg also recounts her time as department chair, including the lessons she learned in balancing research and leadership in academia.If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to the podcast or maybe a show topic you'd like to suggest? Write to us at hayekprogram@mercatus.gmu.edu with your questions and suggestions.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

In episode #10 of the Let People Prosper Show, I speak with Dr. Peter Boettke, who is a professor of economics at George Mason University, about:    1. The importance of institutions for society and liberty for ordinary people;  2. Economic lessons from the pandemic; and   3. The difference between mainline and mainstream economics.    More on Dr. Boettke: https://economics.gmu.edu/people/pboettke  For thoughtful economic commentary and show notes, check out my newsletter: https://vanceginn.com/. Please rate with 5 stars and subscribe to the Let People Prosper Show if you enjoyed this episode. And be sure to check out the other episodes.

On this episode of the Hayek Program Podcast, we'll hear a book panel discussion of Erwin Dekker's book, Jan Tinbergen (1903-1994) and the Rise of Economic Expertise. In it, Dekker argues that Tinbergen's crucial contribution is the theory of economic policy and the legitimation of economic expertise in service of the state. It traces his youthful socialist ideals which found political direction in the Plan-socialist movement of the 1930s for which he developed new economic models to combat the Great Depression. The book then turns to an examination of his attempt to repeat this achievement in the development projects in the Global South and at the international level for the United Nations. Peter Boettke moderates the book panel, with contributions from panelists: Sandra Peart, Dean of the Jepson School of Leadership Studies at the University of RichmondMichele Alacevich, Associate Professor of Economic History and the History of Economic Thought at Bologna UniversityIf you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Do you have a question related to the podcast or maybe a show topic you'd like to suggest? Write to us at hayekprogram@mercatus.gmu.edu with your questions and suggestions.Learn more about Dekker's work here.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke & Shruti Rajagopalan tackle several different puzzles in economic development, influenced by Shruti's work on law and economics in India. Rajagopalan shares her insights from her work in studying constitutional political economy in India and shares the most important lesson she has learned about economic development. Additionally, she addresses the biggest challenges she sees to liberalism in the world today and shares her thoughts on the current state of political economy in India.If you like the show, be sure to leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.Follow the Hayek Program on Twitter: @HayekProgramLearn more about Academic & Student ProgramsFollow the Mercatus Center on Twitter: @mercatusCC Music: Twisterium

Peter Boettke's liberal lineage in the academy illuminates his economic expertise. See acast.com/privacy for privacy and opt-out information.

In this episode of the Hayek Program Podcast, we'll hear part two of a conversation between Peter Boettke & Rosolino Candela on the science and art of economics. Candela expands upon his vision of property rights and makes his case for why property rights are fundamentally human rights. Additionally, the pair discuss the intellectual direction taken by the mainstream of the economics profession, and Candela offers his take on why challenges to liberalism persist in the modern day.

In this episode of the Hayek Program Podcast, we'll hear part one of a conversation between Peter Boettke & Rosolino Candela on the science and art of economics. Candela draws on his experience from growing up in an immigrant family to discuss how it shaped his views on cultural integration in economics. He goes on to explore why he believes commerce creates peaceful, social interaction and how New York's cosmopolitan nature reinforced this view in his youth.

On this episode of the Hayek Program Podcast, Peter Boettke and Daniel Smith answer audience questions about their book, Money and the Rule of Law. Boettke and Smith address the issue of special interest groups in the formation of monetary policy and offer their thoughts on the possibility of a resurgence of interest in Austrian macroeconomics as they work through the questions. Listen in to see if your question was answered!

Dr. Peter Boettke is the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, Mercatus Center at George Mason University, as well as a professor of economics and philosophy. His latest book, The Struggle for a Better World, explores how the social sciences, and political economy in particular, help us understand society and its institutions of governance.

On this week's episode of the Governance Podcast, our Assistant Director Dr. Bryan Cheang interviews Prof. Daniel Smith from Middle Tennessee State University. This episode features his latest book Money and the Rule of Law, published by Cambridge University Press and co-authored with Alexander Salter and Peter Boettke. Drawing on a wide body of scholarship, this volume presents a novel argument in favor of embedding monetary institutions into a rule of law framework. The authors argue for general, predictable rules to provide a sturdier foundation for economic growth and prosperity. The authors argue that a rule of law approach to monetary policy would remedy the flaws that resulted in misguided monetary responses to the 2007-8 financial crisis and the COVID-19 pandemic.

In this fourteenth installment of a series on liberalism, Benjamin Klutsey, the director of academic outreach at the Mercatus Center at George Mason University, speaks with Tara Isabella Burton about religion in America today, encompassing everything from yoga to witchcraft to wellness culture. They discuss the decline of trust in religious institutions, contemporary spirituality's focus on self-determination, the role of the internet in creating new religious affinities and much more. Burton is a writer of both fiction and nonfiction works, including the novels “Social Creature” and “The World Cannot Give” and the nonfiction book “Strange Rites.” She has a doctorate in theology from Trinity College, Oxford.This series also includes interviews with Alan Charles Kors, Emily Chamlee-Wright, Ilana Redstone, Richard Ebeling, Robert Talisse, Danielle Allen, Roger Berkowitz, Virgil Storr, Kevin Vallier, Juliana Schroeder, John Inazu, Jonathan Rauch and Peter Boettke.

In this thirteenth installment of a series on liberalism, Benjamin Klutsey, the Director of Academic Outreach at the Mercatus Center at George Mason University, speaks with Peter Boettke about the promise held by the idea of liberal cosmopolitanism and the importance of considering the political economy of institutional arrangements in reaching our potential. Boettke is a University Professor of Economics and Philosophy at George Mason University, the BB&T Professor for the Study of Capitalism, and the Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at Mercatus. Boettke's analytical framework is grounded especially in Austrian economics, the Bloomington School of institutional analysis and the Virginia school of political economy. He has authored and co-authored numerous book, including “The Struggle for a Better World” (2021), “F. A. Hayek: Economics, Political Economy and Social Philosophy” (2018), and “Living Economics: Yesterday, Today, and Tomorrow” (2012).This series also includes interviews with Alan Charles Kors, Emily Chamlee-Wright, Ilana Redstone, Richard Ebeling, Robert Talisse, Danielle Allen, Roger Berkowitz, Virgil Storr, Kevin Vallier, Juliana Schroeder, John Inazu and Jonathan Rauch.For more helpful links and resources from this conversation, please visit DiscourseMagazine.com.

Peter Boettke is an American Economist and Professor at George Mason University, with particle disciplines in Austrian economics, institutional economics, and comparative economics, philosophy, the BB&T Professor for the Study of Capitalism, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. As a teacher, Boettke is dedicated to cultivating enthusiasm for the economic way of thinking and the importance of economic ideas in future generations of scholars and citizens, being awarded with numerous teaching awards. He also is the Editor of the Review of Austrian Economics and the Associate Editor of the Journal of Economic Behavior & Organization. In today's episode, some of the things we talked about were: how to leverage the internet to get an education without going to college, how to spark curiosity in people through positivity, philosophy on how to live a better life, creativity between artists and scientists, is capitalism dying, what motivates “bad” people's actions, how to be a life-long learner to stay young of mind and much more! Dangerously Good with Jay Sikand is a long-form podcast where Jay explores dangerously good topics and ideas! This show is about learning new things and sharing that journey with the world! Expanding the minds and imaginations of those who want to partake. Expect new episodes and clips every Tuesday! Watch the podcast on the Dangerously Good YouTube channel (https://www.youtube.com/watch?v=lea0YVAB2Yo&t=2s) & For CLIPS of the podcast, subscribe to the Dangerously Good Clips Youtube channel! (https://www.youtube.com/channel/UChmDAQzfpNdmEi10lqBReuQ) About Jay Sikand: He is a podcaster, actor, tech nerd, and lover of life that explores ideas from entertainment, technology, philosophy, politics, health, fitness to whatever else is intriguing. He has conversations with friends and people of strong morals, ambitions, and intelligence within their fields. Anyone who wants to journey through enlightening conversions that contain dangerously good information should tune in! --- Support this podcast: https://podcasters.spotify.com/pod/show/jay-sikand/support

Dr. Peter Boettke joins us to discuss the enduring lessons of Nobel Prize-winning economist F.A. Hayek. Sharing insights from his recent book, "F. A. Hayek: Economics, Political Economy and Social Philosophy," Dr. Boettke contemplates how Hayek would approach some of the modern issues of today such as the popularity of democratic socialism and the COVID-19 pandemic. As a college professor of economics, including many years as a TFAS professor in our Prague program, Dr. Boettke shares how he reaches young people with Hayek's lessons and helps them to understand that these principles hold true today.Dr.  Boettke is a University Professor of Economics and Philosophy at George Mason University, as well as the Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, and the BB&T Professor for the Study of Capitalism at the Mercatus Center. This episode was recorded on Friday, May 22. Support the show (https://www.TFAS.org/Support)

How did F.A. Hayek influence the course of economic history? What is the fate of his liberal project in the 21st century? Are we on the road to serfdom? Tune in to the latest episode of the Governance Podcast featuring Professors Mark Pennington and Peter Boettke. Subscribe on iTunes and Spotify Subscribe to the Governance Podcast on iTunes and Spotify today and get all our latest episodes directly in your pocket. Follow Us For more information about our upcoming podcasts and events, follow us on facebook or twitter (@csgskcl). The Guest Peter Boettke is a University Professor of Economics and Philosophy at George Mason University, the BB&T Professor for the Study of Capitalism, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. As a teacher, Boettke is dedicated to cultivating enthusiasm for the economic way of thinking and the importance of economic ideas in future generations of scholars and citizens.  He is also now the co-author, along with David Prychitko, of the classic principles of economics texts of Paul Heyne's The Economic Way of Thinking (12th Edition, Prentice Hall, 2009).  His efforts in the classroom have earned him a number of distinctions including the Golden Dozen Award for Excellence in Teaching from the College of Arts and Sciences at New York University and the George Mason University Alumni Association's 2009 Faculty Member of the Year award. In 2005, Boettke received the Charles Koch Distinguished Alumnus award from the Institute for Humane Studies and the Jack Kennedy Award for Alumni Achievement from Grove City College.  Boettke was the 2010 recipient of the Association of Private Enterprise Education's Adam Smith Award as well as George Mason University's College of Humanities and Social Sciences Distinguished Alumnus of the Year Award. In 2012, Boettke received a doctorate honoris causa in Social Sciences from Universidad Francisco Marroquin.  In 2013, Dr. Boettke received his second honorary doctorate from Alexandru Ioan Cuza University in Romania. Dr. Boettke served as President of the Southern Economics Association from 2015 - 2017 and President of the Mont Pelerin Society from 2016 - 2018. He also is the Editor of the Review of Austrian Economics and the Associate Editor of the Journal of Economic Behavior & Organization. Skip Ahead 0:50: Why did you decide to write this new book about Hayek? 5:10: It's interesting that you divide Hayek's work into four phases: Phase 1 is economics as a coordination problem… Phase 2 is the abuse of reason project… Phase 3 is the liberal principles of justice… and Phase 4, where he is addressing these concerns of cultural evolution. The book focuses on the first three phases—why did you decide to break the book down this way? 13:20: I think the common core of those three phases is the idea of Hayek developing epistemic institutionalism… what do you mean by this term? 17:44: Reading Hayek over the years, the idea of ignorance has always struck me as absolutely essential to his project- the idea that agents are not fully rational, that they stumble around in the world, they are purposeful, and they have limited information processing powers. And what we have to do is think about how institutions enable them to cope and to learn in these very non-ideal circumstances. 18:55: Why do you think there are so many misconceptions about what Hayek actually said? You'll repeatedly hear people say that Hayek's case for the market assumes that agents are fully rational or fully informed—or if they're not fully informed, the price system acts as a surrogate for perfect information. 24:08: To push back on the way economics is taught, I definitely agree that if you look at the dominant textbooks, market failure is a dominant theme. I think that what some people in that movement are suggesting… is the idea that the economist's model, the 101 model, starts from the assumption of there being some kind of a market, and then you talk about there being market failures which the government might correct. But the idea that the market is the primary mechanism of resource allocation is taken as given. What Knight and Johnson say is that you shouldn't start with any presumption in favour of anything- a market or anything else… Institutions should be more about negotiating that uncertainty. The Econ 101 model doesn't really recognize that problem. Is that a fair argument? 27:18: Hayek's argument is that, in a democratic, pluralistic society, we are not going to be able to agree on ends… so the only thing we can agree on is the means by which we interact with each other. [What if we disagree on the means, too?] 31:04: Let me ask you a little about Elinor Ostrom. One of the characterizations you get of Hayek goes something like this: he made very important arguments based on the limits to human knowledge that a broadly competitive market system helps people overcome those limitations more effectively than some kind of top down or centrally planned economy. There are many people now across the political spectrum who would accept at least part of that argument… but they would then say, for example, that we've learned from people like Elinor Ostrom that there's more to economic allocation than markets and states. 42:36: The Hayekian critique of the central planner is that the planner can't have access to the information which needs to feed into prices… the Ostrom argument which is analogous is that a central rule-maker can't frame rules to overcome collective action problems given that the circumstances of time and place which affect those collective action problems on the ground are radically dispersed across many different sorts of agents… so you need to have something like a discovery mechanism. 48:15: In the same way that Hayek sees competition between firms as a kind of discovery procedure where firms can copy the successful models and avoid the failing ones-- likewise in a polycentric order where we've got multiple decision centres which are public entrepreneurs, if you like, who are trying to cope with collective action problems in different ways, the different localities can observe what other localities are doing to try to learn themselves how to adapt to their own particular condition. 52:38: You mentioned that reconstructing the liberal project is a key part of… Hayek's work. If we're thinking about today's world, many people would argue that that project, in so far as it has been implemented (or attempted), is actually collapsing. We've got declining faith in free trade, protectionism is on the rise, we have a much greater scepticism of markets of any time in the last 30-40 years. Is there anything in Hayek's attempt in that 1960-80 period… that can help us address these problems? 1h:02: One mechanism to deal with our human divisions is democracy. The problem there is that people like myself think that cosmopolitanism is wonderful and we embrace creative destruction… but there are others who see creative destruction as the destruction of their identity.