Podcasts about Public choice

Economic theory applied to political science

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Best podcasts about Public choice

Latest podcast episodes about Public choice

Econception
What's Going On With Tariff Deals?

Econception

Play Episode Listen Later May 16, 2025 56:09


What's going on with the tariff deals? How free trade really is the United States? And what have the Popes taught about socialism? Dave Hebert joins Econception to discuss these questions and more with Dominic Pino. Dave Hebert, Ph.D, is a senior research fellow at AIER. Dr. Hebert's research has been published in academic journals such as Public Choice, Constitutional Political Economy, and The Journal of Public Finance and Public Choice and popular outlets such as The Wall Street Journal, New York Times, Investor's Business Daily, RealClearPolicy, RealClearMarkets, The Hill, and The Daily Caller. 

The Great Antidote
The Limits of Liberty: Buchanan's Case for Constitutional Rules with Edward Lopez

The Great Antidote

Play Episode Listen Later May 16, 2025 47:32


Send us a textWhat happens when people stop trusting rules—and start rewriting them?In this episode, we are joined by economist Edward Lopez about the life and legacy of James M. Buchanan, the Nobel Prize-winning founder of public choice economics. We begin by unpacking Buchanan's biography and intellectual roots: what shaped his worldview, who influenced his thinking, and why his work remains foundational to understanding government, rules, and freedom.From there, we dive into the rich ideas in The Limits of Liberty—a dense but powerful book in which Buchanan asks: How can free individuals live together without descending into chaos or coercion? Lopez shares with us Buchanan's key questions, his analytical framework, and the underlying principles that guide his work—especially his emphasis on rules, consent, and the boundaries of state power.We explore questions like:Who was James Buchanan, and why does his work matter today?What makes Buchanan a “consummate Smithian” and a classical liberal?What are the central ideas in The Limits of Liberty—and why are they still so relevant?How does public choice theory reshape how we understand politics, institutions, and individual freedom?Edward Lopez is a professor of economics and the BB&T Distinguished Professor of Capitalism at Western Carolina University. He directs the Center for the Study of Free Enterprise and is the past president of the Public Choice Society. His work focuses on the intersection of law, economics, and political processes, especially in the tradition of public choice and constitutional political economy.If you've ever wondered what holds free societies together—or what happens when the rules start to break—this episode is for you.Want to explore more? Intellectual Portrait Series: A Conversation with James BuchananPierre Lemieux, Lessons and Challenges in The Limits of Liberty, at Econlib.Randy Simmons on Public Choice, a Great Antidote podcast.Sandra Peart on Ethical Quandaries and Politics Without Romance, a Great Antidote podcast.Edward Lopez, Socialism from the Bottom Up: Where Lawson and Powell Meet Hayek and Buchanan, at Econlib.Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

The Great Antidote
Targeted Incentives: Who Wins, Who Loses, and Why It Persists with Peter Calcagno

The Great Antidote

Play Episode Listen Later May 2, 2025 53:56 Transcription Available


Send us a textRemember the Amazon HQ2 frenzy? When nearly every U.S. state competed to become Amazon's next home, offering billions in tax breaks and incentives? I do — I grew up right next door to Crystal City, Virginia, the site Amazon ultimately chose.In this episode, I talk with economist Peter Calcagno about targeted economic incentives—the controversial policy tool that fueled the Amazon HQ2 bidding war and countless other corporate deals.We explore questions like:What are targeted incentives?Do they actually create economic development and job growth?Why do politicians favor targeted incentives over other tools?Who wins—and who loses—when states compete this way?Peter Calcagno is a professor of economics at the College of Charleston and director of the Center for Public Choice and Market Process. He's also a fellow at the American Institute for Economic Research, where he studies public choice theory and fiscal policy.If you've ever wondered whether government subsidies for big business pay off—or if they just create unfair advantages—this conversation is for you.Want to explore more?Peter Calcagno, Follow the Money, at EconLog.Russell Sobel, Who Really Gains from Billions in Economic Development Incentives? at Econlib.Lauren Heller, Prosperity Without a Price Tag, at EconlibRandy Simmons on Public Choice, a Great Antidote podcast.Art Carden, From Here to Serenity: How Public Choice Makes Me Less Cynical, at Econlib.Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

EconTalk
The Unusual World of Israeli Democracy (with Rachel Gur)

EconTalk

Play Episode Listen Later Mar 3, 2025 69:10


Israel is the only democracy in the Middle East but it seems a lot more alien and chaotic than many of the older democracies of the West. Hear Rachel Gur of Reichman University explain to EconTalk's Russ Roberts how the Israeli political system works and sometimes, doesn't work. The conversation brings into relief the challenges all democracies face and the ways that political minorities can wield power or be ignored depending on the political rules of the game.

Irish Tech News Audio Articles
Vodafone and 48 Crowned Providers of the Year at the Switcher.ie Awards 2025

Irish Tech News Audio Articles

Play Episode Listen Later Feb 13, 2025 3:03


Vodafone has been awarded Broadband Provider of the Year, while 48 won Mobile Network of the Year at the Switcher.ie Awards 2025. Now running for over a decade and in its twelfth year, the Switcher.ie Awards spotlight brilliance in the broadband and mobile industry and help customers choose the best providers and services for their needs. This year, Vodafone excelled in the Broadband Awards, pocketing four prizes in total. In addition to Broadband Provider of the Year, they swept up three other Public Choice awards and were voted Best Value Broadband Provider, Best Customer Service, and Best Technical Support. Sky won TV Provider of the Year for the 11th year running, and eir clinched Best Broadband Bundle for the first time since 2020. In recognition of Ireland's smaller providers, Pure Telecom won Best Alternative Network. 48 triumphed in the Mobile Awards, securing three prizes. Alongside winning the top accolade, Mobile Network of the Year, 48 was named the Best SIM-Only PAYG Plan and was the public choice for Best Customer Service. The public chose GoMo as the Best Value Mobile Network, while our judges assessed newcomer Sky Mobile as offering the Best SIM-Only Bill Pay Plan. Independent consumer research determined the Public Choice winners, while the Switcher.ie Judge's Awards were selected by telecoms experts at Switcher.ie. Eoin Clarke, Commercial Director of Switcher.ie, comments: "For over ten years, the Switcher.ie Awards have recognised Ireland's leading telecom providers. We're confident that the combination of public voting and expert judging provides valuable guidance for customers seeking the best providers and services. As more Irish households access super-fast full-fibre broadband, they expect nothing less than speedy, reliable service, great value, and responsive customer support. Whereas mobile customers are seeking more than decent 4G or 5G coverage; they want plans that offer great value, simplicity, and flexibility. This is evident in the Irish public's shift away from traditional networks. This year's winners deserve a big round of applause, especially the overall champions in both categories. Vodafone's four awards - including Broadband Provider of the Year - are proof of the network's fair pricing, quality provision and outstanding customer service. We also congratulate 48, who scooped three awards, including Best Mobile Provider of the Year." Full list of the Switcher.ie Broadband and Mobile Award winners The full list of broadband and TV award categories and winners is here: https://switcher.ie/broadband/awards/ The mobile award categories and winners are here: https://switcher.ie/mobiles/awards/

The Answer Is Transaction Costs
Transaction Costs and Constitutions: India's Balancing Act, with Shruti Rajagopalan

The Answer Is Transaction Costs

Play Episode Listen Later Jan 28, 2025 63:51 Transcription Available


Send us a textWhat if transaction costs could shape entire political and economic systems? Join us for an insightful discussion with Shruti Rajagopalan, a senior research fellow at the Mercatus Center, as she takes us through her fascinating journey from the University of Delhi to George Mason University. Her research on India's economic liberalization shaped her understanding of economics and public choice theory, and now she is looking at the Indian Constitution as a subject of study. She shares how India's socialist elements and frequent amendments navigate the balance between democracy and central planning.Explore the contrasting worlds of constitutional amendments in the United States and India, where transaction costs play a pivotal role. We unravel the philosophical differences in how these two nations interpret their constitutions, impacting citizens' rights and governance in uniquely distinct ways. Through metaphors like the Ship of Theseus, we evaluate the stability and adaptability of these constitutions, shedding light on how they sustain their respective democratic frameworks amid evolving societal needs.Adding a dose of humor, we recount a satirical tale of international contractors bidding for a White House fence and explore the complexities of voting systems influenced by transaction costs. The episode takes a reflective turn as we discuss Ulysses S. Grant's memoirs, highlighting themes of personal sacrifice and political intricacies. This conversation promises to enrich your understanding of how economics, law, and political systems intricately intertwine, offering both serious insights and light-hearted moments to ponder.Links:Dr. Shruti Rajagopalan's web site at Mercatus and her personal web siteDr. Rajagopalan's podcast, "Ideas of India" and publicationsBook o'da'month: U.S. Grant, Personal Memoirs, Modern Library, 1999. A note on the TWEJ: Some listeners may find the joke racist. But in fact each of the three stereotypes captures a kind of "excellence," though the three kinds of excellence might not all be equally socially admirable. Gordon Tullock, who was discussed in this episode, made some observations about corruption that are worth keeping in mind: Western nations abhor, or pretend to abhor, corruption, though in fact there is plenty of it in the West. Tullock's point was that, in a nation with dysfunctional institutions, corruption can be efficiency enhancing. Institutions matter. The point is not that Germans are inherently organized and methodical, nor that Mexicans are inherently hard-working and efficient, and certainly not that Indians are all corrupt. But the political and economic systems of those nations create a setting where such actions are "rational," and even expected.  I wrote a piece for Public Choice on Tullock's insight, and the problem of India, and that's why I enjoyed this joke!If 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

Let People Prosper
Understanding Economics for a Better World with Dr. Peter Boettke | Let People Prosper Show Ep. 119

Let People Prosper

Play Episode Listen Later Oct 24, 2024 66:55


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.

Biz-eWerk
"Ben Klutsey - UNDIVIDE US Film" Ep96

Biz-eWerk

Play Episode Listen Later Oct 24, 2024 17:20


“Unless we come together and get to know somebody, you won't know how much you have in common.” – Benjamin Klutsey In this episode, Benjamin Klutsey, Executive Director of the Mercatus Center at George Mason University discusses the film UNDIVIDE US. The film reminds us that while polarization is a genuine concern, fostering civil exchange is a crucial step toward building a more cohesive and understanding society. Along with our guests, Pete Calcagno, and Mike Lee, we discuss how individuals can engage in respectful dialogue by recognizing that common ground and shared values often outweigh perceived differences. (The screening of UNDIVIDE US is sponsored by the College of Charleston Center for Public Choice and Marketing Process, the College of Charleston Civility Initiative, and the American Institute for Economic Research – Charleston Bastiat Society)

Podcast Notes Playlist: Latest Episodes
The Underrated Bruno Leoni (with Michael Munger)

Podcast Notes Playlist: Latest Episodes

Play Episode Listen Later Oct 13, 2024 77:48


Econtalk Key Takeaways Check out the episode pageRead the full notes @ podcastnotes.orgFriedrich Hayek credited Bruno Leoni with shaping his ideas on laws and legislation. James Buchanan said that Leoni identified problems that led to his own work on public choice. How is it possible, then, that so few of us know of the groundbreaking Italian political philosopher? Listen as Duke economist Michael Munger talks with EconTalk's Russ Roberts about Leoni's ideas and the gruesome murder that ended his life before its time.

EconTalk
The Underrated Bruno Leoni (with Michael Munger)

EconTalk

Play Episode Listen Later Sep 30, 2024 77:48


Friedrich Hayek credited Bruno Leoni with shaping his ideas on laws and legislation. James Buchanan said that Leoni identified problems that led to his own work on public choice. How is it possible, then, that so few of us know of the groundbreaking Italian political philosopher? Listen as Duke economist Michael Munger talks with EconTalk's Russ Roberts about Leoni's ideas and the gruesome murder that ended his life before its time.

The Answer Is Transaction Costs
From Law to Legislation: A Natural Process

The Answer Is Transaction Costs

Play Episode Listen Later Sep 30, 2024 54:31 Transcription Available


Send us a textHave you ever wondered how common law rules and market prices both "emerge"? Inspired by the works of James Buchanan, F.A. Hayek, and Bruno Leoni, Donald Boudreaux explains how decentralized processes can lead to the emergence of effective norms, such as queuing and speeding rules, without the need for top-down legislation. We discuss the significance of individuals spending their own money versus others' and how these incentives impact societal outcomes, highlighting the deep wisdom embedded in traditionally evolved rules.We also venture into the nuanced distinction between law and legislation, drawing on insights from Buchanan and Hayek. We elaborate on Buchanan's concept of "relatively absolute absolutes," and on Hayek's emergence process, emphasizing the continuous generation of information through human action and preferences. Discover the natural process behind the emergence of common law, its role in establishing predictable rules, and the challenges presented by the unpredictable nature of parliamentary law. Guest: Donald Boudreaux at George Mason UniversitySome Links: Econtalk, Sept 30, 2024: “The Underrated Bruno Leoni”Econtalk, Dec 11, 2006:  "Law and Legislation"Michael Munger and Georg Vanberg, 2023, Contractarianism, Constitutionalism, and the Status Quo. Public Choice. Michael Munger, 2023, “The Socialist Generation Debate,” AIER. Book o'da'month: Bruno Leoni, FREEDOM AND THE LAWIf 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

The Great Antidote
Nicholas Snow on Prohibition

The Great Antidote

Play Episode Listen Later Sep 27, 2024 56:58 Transcription Available


Send us a text Do you ever take a moment to think about the fact that Americans, the people of the land of the free, spent 13 years under Prohibition? Did you know that Americans used to seriously “drink like a fish”? And no, I'm not talking about fraternity men in college. I'm talking about everyone, everywhere, from George Washington's parties to lunchtimes in the manufacturing factories (until Henry Ford put a stop to it, you know, for efficiency purposes). Then Prohibition happened. What were the forces that drove Prohibition into existence? Our first and only constitutional amendment to be repealed, what was so severe about America under prohibition that it only lasted 13 years? How did a guy smuggle whiskey into America in an egg carton? All that and more on this episode with Wabash College Professor Nicholas Snow. Tune in! Want to explore more?Read John Alcorn's 2019 series on prohibition of all kinds at EconLog.Daniel Okrent on Prohibition and his Book, Last Call, an EconTalk podcast.Lysander Spooner, Vices are Not Crimes. A Vindication of Moral Liberty, at the Online Library of Liberty.Randy Simmons on Public Choice, a Great Antidote podcast.Sandra Peart on Ethical Quandaries and Politics Without Romance, a Great Antidote podcast.Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

The Libertarian Institute - All Podcasts
How “Self-Help” Can Improve Your Life Today w/ Dr. Bryan Caplan & Keith Knight

The Libertarian Institute - All Podcasts

Play Episode Listen Later Sep 14, 2024 75:36


https://youtu.be/XWGl_VvbF5E The leading source of happiness is pleasant social interaction. - Dr. Bryan Caplan, Self-Help Is Like a Vaccine: Essays on Living Better Book discussed: Self-Help Is Like a Vaccine: Essays on Living Better: https://a.co/d/iEhSSMw As a Professor of Economics, Bryan Caplan has published in the American Economic Review, the Economic Journal, the Journal of Law and Economics, Social Science Quarterly, the Journal of Public Economics, the Southern Economic Journal, Public Choice, and numerous other outlets. His book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies (2007), was published by Princeton University Press and named "the best political book this year" by the New York Times. Watch on Odysee Watch on BitChute

Keith Knight - Don't Tread on Anyone
How "Self-Help" Can Improve Your Life Today w/ Dr. Bryan Caplan & Keith Knight

Keith Knight - Don't Tread on Anyone

Play Episode Listen Later Sep 13, 2024 75:36


/// GUEST /// Self-Help Is Like a Vaccine: Essays on Living Better: https://a.co/d/iEhSSMw As a Professor of Economics, Bryan Caplan has published in the American Economic Review, the Economic Journal, the Journal of Law and Economics, Social Science Quarterly, the Journal of Public Economics, the Southern Economic Journal, Public Choice, and numerous other outlets. His book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies (2007), was published by Princeton University Press and named "the best political book this year" by the New York Times. /// Keith Knight - Don't Tread on Anyone /// Domestic Imperialism: Nine Reasons I Left Progressivism: https://libertarianinstitute.org/books/domestic-imperialism-nine-reasons-i-left-progressivism/ The Voluntaryist Handbook: https://libertarianinstitute.org/books/voluntaryist-handbook/ Support the show, PayPal: KeithKnight590@gmail.com or Venmo: @Keith-Knight-34 Odysee: https://odysee.com/@KeithKnightDontTreadOnAnyone:b BitChute: KeithKnightDontTreadOnAnyone https://www.bitchute.com/channel/keithknightdonttreadonanyone/

Biz-eWerk
"Genevieve McCutcheon - Never Stop Learning" Ep93

Biz-eWerk

Play Episode Listen Later Aug 29, 2024 20:23


Genevieve (Genny) McCutcheon from our College of Charleston School of Business Center for Public Choice and Market Process stopped by the studio for a wide-ranging convo about marketing, writing, lifelong learning, and more. For more information about CPCMP, check out Biz-eWerk episode 54, "Peter Calcagno and Adam Smith Week."

Irish Tech News Audio Articles
Astrophotographers Shoot for the Moon and Land Among the Stars

Irish Tech News Audio Articles

Play Episode Listen Later Jul 22, 2024 7:22


Winners of the annual Reach for the Stars astrophotography competition announced A massive star nearing the end of its life, a moonrise above Bray Head, the Milky Way from a cave and the Northern Lights, are among the 2024 winning images in the 'Reach for the Stars' astrophotography competition, run by the Dublin Institute for Advanced Studies. Taking the winning prize in the 'Back on Earth - Landscape' category was an image of May's spectacular aurora borealis over Fanad Head Lighthouse in Donegal. The image, 'Fanad Head - Aurora 2024', was taken by Patryk Sadowski from Derry City. Tom O'Donoghue, from Malahide in Dublin, was the winner of the 'Back on Earth - Landmark' category. The winning image 'Sentinel' captures the Baltimore Beacon standing watch as the Milky Way rises over the ocean. Commenting on the winning images in the 'Back on Earth' categories, Professor Peter Gallagher, Head of Astrophysics at DIAS and a member of the judging panel for 'Reach for the Stars', said: "The photographer took advantage of the opportunity to shoot Fanad Head Lighthouse from a different perspective, and it paid off. Having seen lots of aurora shots this year, this one really stood out to us for the creativity and imagination. Tom O'Donoghue's 'Sentinel' shows how even the most familiar landmarks can still be captured in new ways. The judging panel loved how the Milky Way provided a stunning backdrop for the lone sentinel." Martin McCormack, from Glasnevin, Dublin claimed first prize in the 'Out of this World - Deep Sky' category. The winning image 'The Jewels of the Swan' captures the Crescent Nebula, a 25 light-year-wide emission nebula in the constellation Cygnus. Featured in the image is a star at the centre of the nebula shedding its outer layers into space resulting in a dense shell of scorching hot material giving the nebula its shape. The winner in the 'Out of this World - Planetary' category with his image of the moon rising over Bray Head was Anthony Lynch from Stoneybatter, Dublin. Capturing this image involved a last-minute 200-yard dash down the beach for Anthony to ensure he had the shot lined up perfectly. Anthony also scooped the top prize in the Public Choice category. His image 'Cave Man' which captured the Milky Way from a cave at Goat Island, Ardmore, received the most votes in the online public vote. This year over 5,000 people cast their votes online for their favourite image. Prof. Gallagher continued, "Although the Crescent Nebula is a bright one, it can be notoriously difficult to capture. This photographer really put in the hours and studied their craft to create a beautiful image that is truly captivating. The moon rising over Bray Head is another example of a familiar landmark being captured in a new and creative way. We loved the simplicity of this image showcasing the journey the moon takes through our sky." The inaugural 'Night Sky in Your Hand' category was won by Seanie Morris, from Blueball, Co.Offaly, with his image 'Sam and Lucy's first BIG aurora', which shows the silhouettes of his children against the backdrop of May's spectacular aurora display. The images in this category had to be taken on a smartphone and without telescopes, of an astronomical scene. Judges' Feedback The winners were selected by a judging panel following a meticulous review process of over 200 entries. In addition to Prof. Peter Gallagher, the judging panel included Brenda Fitzsimons, former Picture Editor, The Irish Times; Michael McCreary, President, Irish Astronomical Society; and Niamh Breathnach, Director, Alice Public Relations. Commenting on the competition, Michael McCreary, President of the Irish Astronomical Society and member of the judging panel, said: "This is my second year to be involved in the judging process, and I continue to be amazed by what people are capturing in our night sky. The perseverance and attention to detail of all the entrants is evident in the images submitted to the competition this year - w...

The Great Antidote
Sandra Peart on Ethical Quandaries and Politics Without Romance

The Great Antidote

Play Episode Listen Later Jun 28, 2024 71:35 Transcription Available


Send us a Text Message.Sandra Peart is a Distinguished Professor of Leadership Studies and the President of the Jepson Scholars Foundation at the University of Richmond, as well as a coauthor of Towards an Economics of Natural Equals: A Documentary History of the Early Virginia School, with David Levy. She is also a distinguished fellow of the history of economics society. Today we talk about the importance of humility in discussing important ideas in addition to the importance of asking the right questions, ethical questions. She leads us through the intellectual landscape of the 60s, post World War II, and the birth of the Virginia School of Economics, which was intent on asking important questions about humanity and the nature of equality. We talk about James Buchanan, Warren Nutter, Gordon Tullock, and their influences such as Adam Smith and Frank Knight. We talk about how public choice and experimental economics both critique and improve the field of economics. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Mutual Exchange Radio
Mutual Exchange Radio: Christopher Coyne and Abigail Hall on 'How to Run Wars'

Mutual Exchange Radio

Play Episode Listen Later Jun 24, 2024 106:49


This episode is hosted by C4SS's Elinor Ostrom Chair in the Study of Self Governance, Nathan Goodman. Nathan is joined by Christopher Coyne and Abigail Hall for a deep dive into the authors' new book, How to Run Wars, A Confidential Playbook for the National Security Elite, available from June 18th on Amazon, or through the Independent Institute. E-book versions are available for Kindle, Apple iBooks, and Barnes and Noble Nook and links are available in the show notes below.  Buy on Amazon: https://www.amazon.com/exec/obidos/ASIN/1598133926/theindepeende-20 Apple iBooks: https://books.apple.com/us/book/how-to-run-wars/id6502372918 Barnes & Noble: https://www.barnesandnoble.com/w/how-to-run-wars-christopher-j-coyne/1145071631?ean=9781598133943  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, and the Director of the Initiative for the Study of a Stable Peace (ISSP) through the Hayek Program. He is the Co-Editor of The Review of Austrian Economics and of The Independent Review. Abigail R. Hall is an Associate Professor in Economics at the University of Tampa in Tampa, Florida. She is an affiliated scholar with the Mercatus Center at George Mason University and a Senior Fellow with the Independent Institute in Oakland, California. She is a Non-Resident Fellow with Defense Priorities and a Public Choice and Public Policy Fellow with the American Institute for Economic Research. She earned her PhD in Economics from George Mason University in Fairfax, Virginia.  

The Answer Is Transaction Costs
Dam Shame: It's not easy being government

The Answer Is Transaction Costs

Play Episode Listen Later Jun 18, 2024 24:11 Transcription Available


I have been interested lately in a paper Bill Keech and I were working on a decade ago, It was called "The Anatomy of Government Failure."Was AC Pigou the first "Public Choice" theorist?There are two transaction costs problems in the background: 1.  Information asymmetries and the problem of ignorance2. Incentive problems and institutional designMarket failure is actually a thing. And it can be complicated: Kleinman and Teles, "Market and Non-Market Failures." But so is government failure.  There is no reason to expect government action to be Pareto Optimal.  The problem is that every flaw in consumers is worse in voters!It could even be argued (I did!) that a "good" industrial policy is impossible in a democracy.Book o'da week:  The Next American Economy: Nation, State, and Markets in an Uncertain World . 2022, Encounter Books.  by Samuel Gregg. If 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

The Great Antidote
Anne Bradley on the Political Economy of Terrorism

The Great Antidote

Play Episode Listen Later Jun 14, 2024 59:24 Transcription Available


Send us a Text Message.Anne Bradley is an economics professor at the Institute of World Politics and the Vice President of Academic Affairs at The Fund for American Studies. Today, we talk about the political economy of terrorism: what terrorism is, what makes a terrorist, and what the war on terror does to attempt to prevent terrorism. We talk about how economics is uniquely positioned to pose questions and find answers about this area usually dominated by those studying defense and international relations, and how the human element of economics informs her framing of the issue. Want to explore more?Anne Rathbone Bradley, The Economics of al-Qaeda, at Econlib.Gary Shiffman on the Economics of Violence, an EconTalk podcast.Robert P. Murphy, Ensuring- and Insuring- Air Security, at Econlib.Chris Coyne on Manufacturing Militarism, a Great Antidote podcast.Kristi Kendall on Human Action and Inspiring Through Ideas, a Great Antidote podcast.Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Everything is Everything
Ep 33: Public Choice Theory Explains SO MUCH

Everything is Everything

Play Episode Listen Later Jun 7, 2024 56:55


We tend to think of the government as the solution to all our problems. But governments are people. And people respond to incentives. Welcome to Episode 33 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah. In this episode, Amit and Ajay talk about a branch of economics that they both love: Public Choice Theory. This is the study of how politicians, bureaucrats, special interests and voters all respond to incentives -- and why this often goes against the interest of We the People. This is why government failure is ubiquitous. This episode was first published on YouTube on February 9, 2024. For magnificent, detailed, juicy show notes, click here.

RTÉ - Morning Ireland
RIAI's Public Choice Awards being launched today

RTÉ - Morning Ireland

Play Episode Listen Later Jun 5, 2024 5:29


Sean Mahon, President of the Royal Institute of Architects of Ireland (RIAI) discusses' the coveted Public Choice Awards which are being launched today.

The Great Antidote
Ryan Yonk on the China Dilemma

The Great Antidote

Play Episode Listen Later May 17, 2024 44:41 Transcription Available


Send us a Text Message.Ryan Yonk is a Senior Research Faculty at the American Institute for Economic Research where he is the director of the Public Choice and Public Policy Project. He is also a co-author of The China Dilemma: Rethinking US-China Relations Through Public Choice Theory, with Ethan Yang. Today, we talk about the book and how to apply public choice thinking to a topic like international relations, and how it diverges and critiques the mainstream thought on this topic. He gives us examples and breaks down how this analysis can help US policy makers and citizens think about China. I ask him if he is optimistic or cynical about the future of US-China relations. His response might shock you, so tune in to find out! Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Cato Daily Podcast
the China Dilemma?: Rethinking US-China Relations through Public Choice Theory

Cato Daily Podcast

Play Episode Listen Later Mar 21, 2024 12:45


Ryan Yonk is coauthor of The China Dilemma?: Rethinking US-China Relations Through Public Choice Theory. Hosted on Acast. See acast.com/privacy for more information.

Mutual Exchange Radio
Mikayla Novak & Akiva Malamet on Gender as a Discovery Process

Mutual Exchange Radio

Play Episode Listen Later Mar 15, 2024 110:22


This episode brings Austrian economics into the gender identity discussion. We get into a lot of messy and fascinating questions about gender, identity, and social structures.  Read the paper here: https://cosmosandtaxis.files.wordpress.com/2023/10/malamet_novak_ct_vol11_iss11_12_epub.pdf Mikayla Novak is senior fellow with the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. She is the author of Inequality: An Entangled Political Economy Perspective (2018) and Freedom in Contention: Social Movements and Liberal Political Economy (2021). Her research work has been published in a range of academic journals, including Research Policy, Constitutional Political Economy, Review of Austrian Economics, Journal of Institutional Economics, and Journal of Public Finance and Public Choice. Mikayla's research interests include Austrian and evolutionary economics, public choice, entangled political economy, economic sociology, public finance, and regulatory economics. And listeners will recognize Akiva Malamet, a returning guest to the show. Akiva previously appeared on our June 2020 episode of Mutual Exchange Radio to discuss his work on Nationalism and Identity Formation. He is a contributing editor at Unpopulist and an MA candidate at Queens University, and a long-time friend of C4SS. 

Hayek Program Podcast
Environmental Economics — Governing the Global Fisheries Commons

Hayek Program Podcast

Play Episode Listen Later Mar 6, 2024 64:40


Welcome back to the Environmental Economics series, hosted by Jordan Lofthouse. On this episode, Jordan interviews Pablo Paniagua Prieto and Veeshan Rayamajhee on their co-authored work, "Governing the Global Fisheries Commons." On this episode and in their article, they address the challenges of overfishing and the depletion of global fisheries. They critique one-size-fits-all solutions, advocating for an approach that recognizes overfishing as a complex set of interconnected problems across various jurisdictions. Drawing from Elinor Ostrom's insights, they propose combining market-based strategies, such as individual transferable quotas, with government interventions like removing harmful subsidies, and highlight the importance of local knowledge, community participation, and multi-layered solutions to effectively govern the global fisheries commons.Pablo Paniagua Prieto is an economist and engineer from Politecnico di Milano and Professor of Political Economy at Universidad del Desarrollo in Santiago, Chile. Pablo is an alum of the Mercatus Adam Smith Fellowship.Veeshan Rayamajhee is an Assistant Professor of Economics in the Department of Agribusiness and Applied Economics at North Dakota State University and a faculty fellow at the Center for the Study of Public Choice and Private Enterprise. Veeshan is an alum of the Mercatus Adam Smith Fellowship.Check out Jordan Lofthouse's work.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

TNT Radio
Professor David Paton on The Freeman Report with James Freeman - 28 February 2024

TNT Radio

Play Episode Listen Later Feb 28, 2024 55:37


GUEST OVERVIEW: David Paton is Professor of Industrial Economics and Associate Dean for Faculty and Resources in the School. He completed his PhD at University College London in 1997 and has published widely in journals such as Economic Journal, Economica, Journal of Health Economics, Public Choice, Social Science & Medicine, Small Business Economics and the Journal of Economic Behaviour and Organisation.

Arbitrary & Capricious
Disney v. Democracy

Arbitrary & Capricious

Play Episode Listen Later Feb 16, 2024 58:25


Jace Lington chats with Scalia Law Professor Donald J. Kochan about Florida and Disney. They discuss his recent paper applying public choice theory to Florida's Reedy Creek Improvement Act of 1967 and why the special treatment Disney received from the state is not a good model for state and local regulation.Notes:Disney v. Democracy? A Public Choice and Good Governance Analysis of Florida's Reedy Creek Improvement Act of 1967 and Its Resulting Regime, Donald J. Kochan

The Answer Is Transaction Costs
Current Event: Smart Grids, DERs, and the Economics of Energy

The Answer Is Transaction Costs

Play Episode Listen Later Jan 30, 2024 72:06 Transcription Available Very Popular


Unlock the secrets of the energy market evolution with economist Professor Lynn Kiesling, who brings her expertise on transaction costs and the digital transformation of the electricity industry to our table. Our energized discussion orbits around the innovative world of Distributed Energy Resources (DERs), where we explore the shift from consumers to proactive producers, thanks to technologies like rooftop solar panels and home energy storage. Professor Kiesling, drawing from her academic journey and reverence for Ronald Coase's work, delves into the institutional structure of production within firms and imparts her wisdom on navigating the complex regulatory frameworks that shape our smart grid technologies.Also, 4 new TWEJ's, and a letter. It's the January TAITC!This month's guest:  Lynne Kiesling:  https://lynnekiesling.com/Our paper:  Theisen, Kiesling, and Munger, "Airbnb to solar: electricity market platforms as local sharing economies."   Public Choice: 2022  Lynne's Substack: "Are We Talking Ourselves Out of Progress?"Lynne's Substack:  "Pareto-relevant Externalities (You don't have to internalize everything, folks!)Links:Buchanan and Stubblebine, "Externality." Economica.  Russ Roberts and the parable of the wind and the sun:   https://www.econtalk.org/david-mcraney-on-how-minds-change/Amory Lovins (cold beer, hot shower, "Nega-Watts"): https://en.wikipedia.org/wiki/Amory_LovinsOhtani's contract, from REASON:  https://reason.com/2023/12/15/baseball-star-shohei-ohtanis-new-contract-is-a-massive-tax-avoidance-scheme-nice/If 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

EconTalk
What Palestinians Are Thinking (with Dahlia Scheindlin)

EconTalk

Play Episode Listen Later Jan 29, 2024 65:37 Very Popular


Pollster and political scientist Dahlia Scheindlin has worked extensively with public opinion polls of both Palestinians and Israelis. Listen as she talks with EconTalk's Russ Roberts about the dreams, fears, anger, and frustration of both sides. Along the way she analyzes the mood of Arab-Israelis and what optimism, if any, she has for a peaceful coexistence between Israelis and Palestinians in the aftermath of October 7th.

The Great Antidote
Robert Lawson on Educating for Economic Freedom: James Gwartney's Legacy

The Great Antidote

Play Episode Listen Later Jan 26, 2024 49:46 Transcription Available


Robert Lawson is the Jerome M. Fullinwider Centennial Chair in Economic Freedom and is director of the Bridwell Institute for Economic Freedom in the Cox School of Business at Southern Methodist University. Today, we talk about James Gwartney, a great economist who recently passed but leaves a significant legacy, from accessible and interesting textbooks to the creation of the Economic Freedom of the World index. Unlike many academics, he even left his desk to pursue his ideas! We discuss Gwartney's life and how his work has transformed the teaching of and measurement in economics. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

TNT Radio
Dan Mitchell on Unleashed with Marc Morano - 05 January 2024

TNT Radio

Play Episode Listen Later Jan 4, 2024 54:33


On today's show, Dan Mitchell discusses economics and the threat of China. GUEST OVERVIEW: Daniel J. Mitchell was a senior fellow at the Cato Institute who specialized in fiscal policy, particularly tax reform, international tax competition, and the economic burden of government spending. Prior to joining Cato, Mitchell was a senior fellow with the Heritage Foundation, and an economist for Senator Bob Packwood and the Senate Finance Committee. His work has been published in numerous outlets, including the Wall Street Journal, New York Times, Villanova Law Review, Public Choice, Emory Law Journal, Forbes, USA Today, Offshore Investment, Playboy, and Investor's Business Daily. He has appeared on all the major TV networks, and has given speeches in almost 40 states and more than 30 countries. Mitchell earned a PhD in economics from George Mason University.

Mutual Exchange Radio
Jason Lee Byas about Public Choice Theory, Reparations (for slavery and other injustices), and War

Mutual Exchange Radio

Play Episode Listen Later Dec 4, 2023 89:05


Cory Massimino chats with Jason Lee Byas about public choice theory, reparations (for slavery and other injustices), and war. Jason Lee Byas is a fellow at the Center for a Stateless Society and a PhD student in Philosophy at the University of Michigan. His academic work focuses on punishment (and its alternatives), rights theory, and justice beyond the state.

The E-Mind with Dr. Kary Oberbrunner
8: Should entrepreneurs ever care about the economy?

The E-Mind with Dr. Kary Oberbrunner

Play Episode Listen Later Sep 25, 2023 22:25


Entrepreneurs need to be bulletproof when it comes to negative news. What's the balance between staying aware of market trends and insulating yourself from fear and frequent changes regarding the economy? Join Dr. Jeff Haymond and I as we discuss how to think like an entrepreneur when it comes to the economy. Dr. Jeff Haymond joined Cedarville University faculty in 2010 after a 29-year career in the United States Air Force. While in the Air Force, Colonel Haymond had assignments in engineering, satellite control and launch operations. He also taught at the United States Air Force Academy and was an Air Force Fellow at The Brookings Institution. His research has been published in the Quarterly Journal of Austrian Economics, Public Choice, the Journal of Public Choice and Public Finance, and Strategic Studies Quarterly. His current research interests include economics and religion, as well as monetary theory. Find out more: https://www.cedarville.edu https://ignitingsouls.com/emind

Contrepoints Podcast
Avons-nous besoin des banques centrales ? avec Karl-Friedrich Israel

Contrepoints Podcast

Play Episode Listen Later Sep 16, 2023 61:15


Episode #40 Karl-Friedrich Israel a étudié l'économie, les mathématiques appliquées et les statistiques à l'université Humboldt de Berlin, à l'ENSAE de Paris et à l'université d'Oxford. Il a obtenu son doctorat en France à l'Université d'Angers et son habilitation à diriger des recherches en économie à l'Université Paris 1 Panthéon-Sorbonne. Il est actuellement maitre de conférences à l'Université Catholique de l'Ouest à Angers et occupe la chaire de politique économique à l'Université de la Sarre à Sarrebruck en Allemagne.  Cet entretien a été enregistré en ligne le 30 août 2023. Préparation et réalisation par Pierre Schweitzer pour Contrepoints. Vous pouvez soutenir ce travail par un don https://www.contrepoints.org/aider-contrepoints  Programme :  Introduction - 0:00 Présentation de l'invité - 0:56 Les limites de l'apriorisme intégral en méthodologie économique - 7:07 Quand et pourquoi a-t-on instauré des banques centrales ? - 9:47 Banques publiques mais actionnaires privés ? - 16:20 Les manipulations monétaires des Etats existaient-elles avant les banques centrales ? - 20:27 Comment fonctionne la création monétaire à notre époque ? - 27:13 Justifications courantes pour le maintien du monopole monétaire - 36:27 Gagnants et perdants des politiques monétaires - 39:18 Une jeunesse ruinée par les politiques monétaires, bombe à retardement sociale - 49:50 Peut-on envisager la suppression des banques centrales ? - 51:21 Javier Milei a-t-il raison de vouloir débarrasser l'Argentine des banques centrales ? - 52:49 Comment sauver votre épargne des politiques de banques centrales ? - 54:24 Quel avenir pour la Banque Centrale Européenne si la convergence économique Nord-Sud tarde encore ? - 55:49 Références suggérées : Central Banking and Inflation (conférence de notre invité en anglais, disponible sur Youtube) https://youtu.be/hEjZWC0Jpu0?si=EXoIG5Mtoo9OdQsk  The interest group origins of the Bank of France (article de L. Rouanet dans Public Choice) https://link.springer.com/article/10.1007/s11127-019-00765-6  Les mystères des prix ou l'effet Cantillon (article de J-M. Daniel sur Contrepoints) https://www.contrepoints.org/2023/08/21/61124-les-mysteres-des-prix-ou-leffet-cantillon Articles de Karl-Friedrich Israel sur Contrepoints https://www.contrepoints.org/author/karl-friedrich-israel Banque centrale (notice Wikibéral) https://www.wikiberal.org/wiki/Banque_centrale John Law (notice Wikibéral) https://www.wikiberal.org/wiki/John_Law Pour nous suivre :  ⁠http://www.contrepoints.org⁠  Twitter Contrepoints ⁠https://twitter.com/Contrepoints⁠  Twitter Pierre Schweitzer ⁠https://twitter.com/Schweitzer_P⁠   Facebook - Contrepoints ⁠https://www.facebook.com/Contrepoints⁠ Youtube - Contrepoints ⁠https://www.youtube.com/@ContrepointsFR⁠

Economics Explained
Experts and democracy: pandemics, monetary policy & AI w/ Peter Kurti, CIS - EP201

Economics Explained

Play Episode Listen Later Aug 15, 2023 53:52


The Centre for Independent Studies' Peter Kurti asks “ Should those who know best rule the rest of us?” In this episode, host Gene Tunny chats with Peter about his new paper "Authority, Expertise and Democracy," which explores the role of experts in government and how society should best utilize their knowledge in public policy making. They delve into the question of when it makes sense to delegate power to experts and the relevant considerations. The role of experts in decision making around the pandemic, monetary policy, and AI are discussed. Please get in touch with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or sending a voice message via https://www.speakpipe.com/economicsexplored. About this episode's guest: Peter KurtiPeter Kurti is Director of the Culture, Prosperity & Civil Society program at the CIS. He is also Adjunct Associate Professor in the School of Law at the University of Notre Dame Australia, and Adjunct Research Fellow at the Australian Centre for Christianity and Culture at Charles Sturt University. He has written extensively about issues of religion, liberty, and civil society in Australia, and appears frequently as a commentator on television and radio. In addition to having written many newspaper articles, he is also the author of The Tyranny of Tolerance: Threats to Religious Liberty in Australia; Euthanasia: Putting the Culture to Death?; and Sacred & Profane: Faith and Belief in a Secular Society, published by Connor Court. Peter is a Fellow of the Royal Society of Arts, and an ordained minister in the Anglican Church of Australia.What's covered in EP201[00:02:30] Authority and experts in government.[00:04:07] Impact of experts during COVID. [00:09:29] Discrimination and lockdown restrictions. [00:13:29] Delegating power to experts. [00:18:12] Politicians' difficult role in decision-making. [00:21:11] Trade-offs in decision making. [00:27:23] Vaccine mandates. [00:34:27] AI and expert advice. [00:37:35] Expert advice and self-interest. [00:37:59] The importance of delegation of monetary policy decisions. [00:40:19] Expert Failure book by Roger Koppl. [00:43:33] Experts and human failings. [00:50:32] The length of the leash. [00:52:12] The role of experts in policy making.Links relevant to the conversationPeter Kurti's new paper for the Centre for Independent Studies:Authority, Expertise And Democracy. Should those who know best rule the rest of us?Episode on Public Choice theory mentioned by Gene:EP93 – Public Choice theory with Dr Brendan Markey-Towler – Economics ExploredThanks to Obsidian Productions for mixing the episode and to the show's sponsor, Gene's consultancy business www.adepteconomics.com.au. Full transcripts are available a few days after the episode is first published at www.economicsexplored.com. Economics Explored is available via Apple Podcasts, Google Podcast, and other podcasting platforms.

The Rational Egoist
The Rational Egoist - Public Choice Economics and Political Ignorance with Max Borders

The Rational Egoist

Play Episode Listen Later Aug 1, 2023 50:35


The Rational Egoist - Public Choice Economics and Political Ignorance with Max Borders In this thought-provoking episode of "The Rational Egoist" with host Michael Leibowitz, special guest Max Borders, former director of content at The Foundation for Economic Education, and Executive Director at Social Evolution, delves into the realm of Public Choice Economics, the decline of empires, and the concept of a constitution of consent. The conversation centrers around how government intervention can disrupt natural supply and demand curves in the economy, limiting competition and hindering market responsiveness to actual consumer demands. The discussion also touches on the phenomenon of "rational ignorance," where the average person lacks the time, incentive, or inclination to delve into the complexities of politics and economics. They explore how this widespread ignorance can lead to irrational decision-making, impacting society and policymaking. Moreover, they explore the intriguing concept of "rational irrationality," where people have some knowledge about certain economic principles but choose to ignore them because the consequences do not directly affect them. This behaviour often manifests in the realm of politics and policies, with politicians engaging in virtue signalling, promising minimum wage increases without adequately addressing their potential adverse effects on employment. Max's contest: https://underthrow.substack.com/p/the-constitution-of-consent-contest Michael Leibowitz is a renowned philosopher, political activist, and the esteemed host of the Rational Egoist podcast. Inspired by the philosophical teachings of Ayn Rand, Leibowitz passionately champions the principles of reason, rational self-interest, and individualism, seeking to empower others through his compelling work. His life's narrative exemplifies the transformative power of Ayn Rand's writings. Having faced challenging circumstances that led to a 25-year prison sentence, Leibowitz emerged from adversity by embracing the tenets of rational self-interest and moral philosophy put forth by Ayn Rand. This profound transformation propelled him to become an influential figure in the libertarian and Objectivist communities, motivating others to adopt reason, individualism, and self-interest in their own lives. Beyond his impactful podcasting endeavours, Leibowitz fearlessly engages in lively political debates, advocating for the protection of individual rights and freedoms through compelling YouTube videos and insightful interviews. His unwavering commitment to these ideals has garnered him a dedicated following of like-minded individuals. Leibowitz is a versatile author, co-authoring the thought-provoking book titled "Down the Rabbit Hole: How the Culture of Correction Encourages Crime." This groundbreaking work delves into societal attitudes surrounding punishment and rehabilitation, shedding light on how misguided approaches have contributed to the rise of crime and recidivism. Additionally, he has authored the book "View from a Cage: From Convict to Crusader for Liberty," offering an intimate portrayal of his personal journey while exploring the philosophies that influenced his transformation. As you embark on your intellectual journey, join Michael Leibowitz as he advocates for reason, individualism, and the pursuit of self-interest, inspiring others to embrace a philosophy that empowers and uplifts the human spirit. For a deeper exploration of his ideas and insights, don't miss the opportunity to read "Down the Rabbit Hole: How the Culture of Correction Encourages Crime," co-authored by Michael Leibowitz. And also, delve into his book "View from a Cage: From Convict to Crusader for Liberty." Both books are available for purchase using the following links: "Down the Rabbit Hole": https://www.amazon.com.au/Down-Rabbit-Hole-Corrections-Encourages/dp/197448064X "View from a Cage": https://books2read.com/u/4jN6xj

Radio NUG for Myanmar Spring
" Burmese Public Choice Through The Bank Of Myanmar And The Financial System On Pressure", Myanmar Spring Chronicle 23th Jun 2023 ( Moemaka Article) Nway Oo Maung

Radio NUG for Myanmar Spring

Play Episode Listen Later Jun 26, 2023


"Burmese public choice through the Bank of Myanmar and the financial system on pressure", Myanmar Spring Chronicle 23th Jun 2023 (Moemaka Article)-Nway Oo Maung .This item belongs to: audio/opensource_audio.This item has files of the following types: Archive BitTorrent, Item Tile, Metadata, PNG, Spectrogram, VBR MP3

RTÉ - Morning Ireland
Public Choice Awards for Architecture Ireland Announces winners and runner up

RTÉ - Morning Ireland

Play Episode Listen Later Jun 22, 2023 6:05


Charlotte Sheridan, the President of the Royal Institute of the Architects of Ireland, announces winner and runner up for the Public Choice Awards for Architecture Ireland.

The Answer Is Transaction Costs
Women in Prison, and ALL Costs are Transaction Costs

The Answer Is Transaction Costs

Play Episode Listen Later Jun 20, 2023 19:27


Last week's letter asked if charging prices below the "market" price might be rational, but might be an antitrust violation.  The TWEJ is a joke about women in prison for having violated rules against "moral" pricing. The actual cartoon is here, preserved for posterity by the good Timothy Taylor. Some links, for more information:Russ Roberts and Michael Munger on John Locke, Prices, and Hurricane SandyJohn Locke, "Venditio"Guzman and Munger, "Moral Dilemmas from Locke's Venditio," Public Choice. A "Loudwire" article that fails to understand even basic economics of scarcity.Mark Perry drops the truth about "Ticket Scalping" and why it happens...Adam Smith:  "The real price of everything is the toil and trouble of acquiring it."  (WoN, Bk I, Chapter 5) Michael Munger, "To the Consumer, All Costs are Transaction Costs." AIER. If 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

RTÉ - Morning Ireland
Royal Institute of Architects in Ireland announce shortlist for Public Choice Award

RTÉ - Morning Ireland

Play Episode Listen Later Jun 7, 2023 3:40


Charlotte Sheridan, President of the Royal Institute of Architects in Ireland on the announcement of the Public Choice Award Shortlist of buildings which people can vote on from today.

EconTalk
Michael Munger on the Perfect vs. the Good

EconTalk

Play Episode Listen Later Apr 24, 2023 74:38


Is the perfect really the enemy of the good? Or is it the other way around? In 2008, Duke University economist Michael Munger ran for governor and proposed increasing school choice through vouchers for the state's poorest counties. But some lovers of liberty argued that it's better to fight for eliminating public schools instead of trying to improve them. Munger realized his fellow free-marketers come in two flavors: directionalists--who take our political realities as given and try to move outcomes closer to the ideal--and destinationists--who want no compromises with what they see as the perfect outcome. Listen as Munger talks to EconTalk's Russ Roberts about two different strategies for achieving political goals. Along the way, they discuss rent control, the minimum wage, and why free-market policies are so rare.

Liberty and Leadership
Don Boudreaux on the Foundations of Economics

Liberty and Leadership

Play Episode Listen Later Apr 19, 2023 43:22


Dr. Donald Boudreaux is an American economist, author and Senior Fellow of the F.A. Hayek Program on the American Economy and Globalization at the Mercatus Center at George Mason University. Dr. Boudreaux is a senior scholar at TFAS where he teaches Economics for the Citizen for TFAS D.C. Summer Programs. He has authored several books including "Globalization," "Hypocrites and Half-Wits," and "The Essential Hayek." In addition to teaching at TFAS and Mason, he previously taught legal studies and economics at Clemson University, served as an Olin Visiting Fellow in Law and Economics at the Cornell Law School and was president of the Foundation for Economic Education. Dr. Boudreaux earned his Ph.D. in economics from Auburn University and J.D. from the University of Virginia. In this week's Liberty + Leadership Podcast, Roger and Don discuss the basic foundations of economics, the public choice theory, how there are no solutions – only trade-offs – in economics, the comparative advantage of free trade, and why good journalism unfortunately makes bad economics.  The Liberty + Leadership Podcast is hosted by TFAS President Roger Ream and produced by kglobal. If you have a comment or question for the show, please drop us an email at podcast@TFAS.org.Support the show

The Comedy Cellar: Live from the Table
Ilya Shapiro and Richard Hanania

The Comedy Cellar: Live from the Table

Play Episode Listen Later Mar 3, 2023 77:40


Ilya Shapiro is a senior fellow and director of constitutional studies at the Manhattan Institute. He is the author of multiple books and is a frequent contributor to numerous publications including the Wall Street Journal, the Harvard Journal of Law & many more. Richard Hanania is the author of Public Choice and the Illusion of Grand Strategy. and a forthcoming book on the connection between wokeness and civil rights law. run a think tank called the Center for the Study of Partisanship and Ideology.    

Alienating the Audience
Andor Loves Public Choice Theory

Alienating the Audience

Play Episode Listen Later Jan 9, 2023 85:31 Very Popular


Andor is one of the best Star Wars properties ever devised; a television program explicitly for adults! Beyond excellent storytelling, Andor highlights the problems which bedevil any organization: pettiness, career aspirations, incompetency, and zealotry. David Bizarro and Brian Brushwood join to discuss.

The Ricochet Audio Network Superfeed
The Great Antidote: Phil Magness on Academic Integrity: Public Choice Edition

The Ricochet Audio Network Superfeed

Play Episode Listen Later Nov 11, 2022


Phil Magness is the author of multiple books, a scholar at the American Institute for Economic Research, and the intellectual watchdog for academic writing. Today we talk about Nancy MacLean's book, Democracy in Chains, and debunks her claims about James Buchanan, the father of public choice economics, being a racist. He explains the peer review process and the types of errors made in journalistic malpractice, as well as the current state of academic honesty and integrity in academia. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

The Great Antidote
Phil Magness on Academic Integrity: Public Choice Edition

The Great Antidote

Play Episode Listen Later Nov 11, 2022 42:27


Phil Magness is the author of multiple books, a scholar at the American Institute for Economic Research, and the intellectual watchdog for academic writing. Today we talk about Nancy MacLean's book, Democracy in Chains, and debunks her claims about James Buchanan, the father of public choice economics, being a racist. He explains the peer review process and the types of errors made in journalistic malpractice, as well as the current state of academic honesty and integrity in academia. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

The Productivity Show
How A Busy Professor Gets Organized and Stuff Done w/ Art Carden (TPS422)

The Productivity Show

Play Episode Listen Later Sep 19, 2022 43:49 Very Popular


Art Carden is a Professor of Economics who wears many hats and juggles commitments, responsibilities, and organizes and interprets a huge amount of information. He's a professor of Economics at Samford University's Brock School of Business, and his research has appeared in Business Ethics Quarterly, the Journal of Urban Economics, Applied Economics, and Public Choice, […]

The Lawfare Podcast
Public Choice Theory and American Foreign Policy

The Lawfare Podcast

Play Episode Listen Later Jun 7, 2022 59:19 Very Popular


What, if any, theory of international relations best explains U.S. foreign policy outcomes? Why, for example, did President Biden withdraw American forces from Afghanistan, re-engage Iran on the Joint Comprehensive Plan of Action, impose harsher than expected sanctions on Russia, and give more than expected support to Ukraine following the Russian invasion? Jack Goldsmith sat down with Richard Hanania, the president of the Center for the Study of Partisanship and Ideology, whose new book, “Public Choice Theory and the Illusion of Grand Strategy,” seeks to provide answers to these types of questions. They discussed Hanania's view that academic theories about American grand strategy cannot explain important U.S. foreign policy outcomes, and his argument that these outcomes are better explained by public choice theory, especially by the dominant influences on the presidency of government contractors, the national security bureaucracy, and foreign governments. They also discussed whether realistic complaints about these influences are consistent with realistic premises about how to discern the national interest and the value, if any, of international relations theorizing.Support this show http://supporter.acast.com/lawfare. See acast.com/privacy for privacy and opt-out information.

The Ricochet Audio Network Superfeed
The Great Antidote: Randy Simmons on Public Choice (#17)

The Ricochet Audio Network Superfeed

Play Episode Listen Later May 27, 2022


Randy Simmons is the author of Beyond Politics and the director of the Institute of Political Economy at Utah State University. Today, we talk about the field of public choice economics or, as economist James Buchanan calls it, "politics without romance". What exactly is Beyond Politics? What is a market failure? What is a government failure? Tune in for the answers to these questions and more.