Mercatus Center Podcasts

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Channel • 6 Shows

Social Sciences

Social Sciences

Every two weeks
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Business

Updated weekly
Self-Improvement

Self-Improvement

Monthly
Politics

Politics

Updated 19/12/2023
Social Sciences

Social Sciences

Updated 17/12/2024
Education

Education

Twice monthly

25 SEPT

Sunny Rai on Using Large Language Models to Understand the Depiction of Shame and Pride in Bollywood versus Hollywood

Our second scholar in the series is Sunny Rai, who is a postdoctoral fellow at the Department of Computer and Information Science University of Pennsylvania. She received her Ph.D. in Computer Engineering from University of Delhi. Her research focuses on misinformation, mental health and cross-cultural variations in human language. We spoke about her co-authored job market paper titled, Social Norms in Cinema: A Cross-Cultural Analysis of Shame, Pride and Prejudice. We talked about depictions of shame and pride and heroism in Indian versus American films, the challenges with textual analysis of a visual medium, and much more. Recorded September 5th, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:03:44) - Shame and Pride in Film (00:12:31) - Teaching Machines Norms (00:16:52) - Textual Analysis in a Visual Medium (00:18:26) - The Trouble with Subtitles and Scripts (00:27:41) - Self-Shaming vs. Other-Shaming (00:30:33) - LLM Alignment Needs a Culture Check (00:36:20) - Looking Ahead: A Final Reflection (00:37:01) - Outro

25 Sept

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38 min
8 MAY

Rajmohan Gandhi Reflects on India's Founding Fathers

Today my guest is Rajmohan Gandhi, a historian and biographer involved in efforts for trust-building and reconciliation and author of more than fifteen books, of which the most recent is Fraternity: Constitutional Norm and Human Need. He taught history and politics at the University of Illinois at Urbana-Champaign from 1997 until his retirement in 2022. His most recent initiative is We Are One Humanity (WAOH), a writers collective responding to the worldwide thrusts against democracy and equality. We spoke about his reflections on his biographies of the founding fathers, Vallabhai Patel, Mohandas Gandhi, C Rajagopalachari, and Gaffar Khan, their competing visions, debates with others like Ambedkar and Nehru, constitutional values, the civil rights movement, his faith, and much more. Recorded April 18th, 2025. Read a full transcript enhanced with helpful links, or watch the full video. Connect with Ideas of India Follow us on X Follow Shruti on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps Intro - 00:00:00 Patel - 00:01:34 Rajaji - 00:31:20 Ghaffar Khan - 00:51:53 Gandhi - 01:05:53 Competing Visions - 01:17:32 Biographies of Family Members - 01:18:54 Serendipity in the Research Process - 01:23:40 Civil Rights in the US - 01:27:23 Pessimistic or Optimistic? - 01:35:16 Role of God and Faith - 01:36:27 Outro - 01:38:20

8 May

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1h 39m
31 JUL

Rathin Roy on How India Slices the Fiscal Pie

Today my guest is Rathin Roy, who's a Distinguished Fellow at the Kautilya School of Public Policy and a Visiting Senior Fellow at ODI Global. His main research interests are political economy, public finance, and development economics, and he also served on the 13th Finance Commission. We talked about India's fiscal resources are distributed across states and between the union and state governments, the divergence between rich and poor states, compensatory welfare and its consequences and much more. Recorded July 8th, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Rathin on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:01:38) - India’s Fiscal Federalism System (00:22:46) - India’s Welfare State (00:34:19) - Unequal Growth (00:45:58) - Consumption Taxes (01:02:30) - Public Finance in India (01:27:06) - Outro

31 Jul

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1h 29m
5 JUN

Ramachandra Guha on the Origins of Indian Environmentalism

Today my guest is environmental scholar, historian and biographer Ramachandra Guha. He is the author of a number of books, including a two-volume biography of Gandhi and the award-winning book “India After Gandhi.” We talked about his latest book, "Speaking with Nature: The Origins of Indian Environmentalism.” We spoke about global versus local commons, bottom up approach to environmentalism in India, urbanization, economic growth and technological progress and much more. Recorded May 7th, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Ram on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps 00:00:00 - Intro 00:01:08 - Speaking with Nature 00:08:42 - Unquiet Woods 00:38:29 - Science and Progress of Environmentalism 00:47:33 - Radhakamal Mukerjee 00:55:06 - K. M. Munshi 01:03:38 - Technological Progress and Tradeoffs 01:11:22 - Jayaprakash Narayan 01:19:39 - Outro

5 Jun

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1h 20m
2 JUN

George Selgin on Contextualizing the Great Depression and its Implications on Monetary Policy Today

George Selgin is a senior fellow and director emeritus at the Center for Monetary and Financial Alternatives at the Cato Institute, as well as the author of the new book titled False Dawn: The New Deal and the Promise of Recovery, 1933-1947. George returns to the show to discuss the complicated economic history of the Great Depression, how that history has led us to the macro-events of 2008, 2010, and 2020, how we can apply lessons from the Great Depression to macroeconomic policy to the current moment, and much more. Check out the transcript for this week’s episode, now with links. Recorded on May 13th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow the show on X: @Macro_Musings Follow George on X: @GeorgeSelgin Check out our new AI chatbot: the Macro Musebot! Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel Timestamps 00:00:00 - Intro 00:00:25 - Welcoming George Selgin and False Dawn 00:03:25 - Why Another Book on the Great Depression? 00:06:37 - The New Deal’s Role in Recovery from the Great Depression 00:08:50 - Myths About the New Deal Overview of the Great Depression 00:12:30 - Measuring Unemployment 00:16:42 - The Gold Standard and the Great Depression 00:27:05 - Helpful: Suspension of the Gold Standard and the Bank Holiday 00:35:47 - Unhelpful: Reconstruction Finance Corporation 00:38:02 - Helpful: Creation of the Home Owners Loan Corporation 00:42:31 - Unhelpful: The National Recovery Administration 00:48:42 - Unhelpful: Fiscal and Monetary Policy and Ignoring Keynes 00:57:17 - Lessons for Today: Uncertainty 01:00:56 - The Lesson of Level Targeting 01:06:42 - Breaching Contracts 01:11:40 - Outro

2 Jun

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1h 13m
3 JUL

M.R. Sharan Examines Decentralization and Local Representation in India

Today my guest is M.R. Sharan, an assistant professor in the department of agricultural and resource economics at the University of Maryland College Park. He is the author of numerous papers and the book Last Among Equals: Power, Caste, & Politics in Bihar’s Villages. His main research interests are development economics and political economy. We talked about his research on local government in India, incentives of various political actors and the power structures they inhibit, fiscal federalism, and much more. Recorded May 21st, 2025. Read a full transcript enhanced with helpful links, or watch the full video. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Sharan on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:01:07) - Local Political Actors (00:16:16) - Portability (00:20:36) - Village Government in India (00:53:42) - Separation of Powers (01:03:51) - Inclusion (01:21:20) - Outro

3 Jul

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1h 22m
3 MAR

Liya Palagashvili on the Gig Economy, Portable Benefits, and Changing Labor Regulations

Liya Palagashvili is a senior research fellow and director of the Labor Policy Project at the Mercatus Center. In Liya’s first appearance on the show she explains federal and state level changes to labor regulations, who makes up the gig economy workforce, the role women play in the independent workforce, the novel concept of portable benefits, and much more. Check out the transcript for this week’s episode, now with links. Recorded on January 31st, 2025 Follow David Beckworth on X: @DavidBeckworth Follow the show on X: @Macro_Musings Follow Liya on X: MissLiyaP Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings Discord server! Join the Macro Musings mailing list! Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel Timestamps: (00:00:00) – Intro (00:01:37) – Liya’s Background and Interest in Labor Economics (00:03:18) – Labor Policy Project and Labor Market Matters (00:07:32) –Independent Contractors and the Gig Economy (00:17:20) – Independent Work as a Buffer from Shocks (00:23:40) – Women and Independent Work (00:31:01) – Men in the Independent Workforce (00:35:23) – Myths Surrounding the Gig Economy (00:39:36) – Portable Benefits for Independent Workers (00:49:48) – Port Strikes and Dynamic Labor Markets (01:02:36) – Outro

3 Mar

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1h 3m
22 MAY

Rajmohan Gandhi on Revenge and Reconciliation in South Asia

Today’s episode is the second part of my conversation with Rajmohan Gandhi, a historian and biographer involved in efforts for trust-building and reconciliation and author of more than fifteen books, of which the most recent is Fraternity: Constitutional Norm and Human Need. He taught history and politics at the University of Illinois at Urbana-Champaign from 1997 until he retirement in 2022. His most recent initiative is We Are One Humanity (WAOH), a writers collective responding to the worldwide thrusts against democracy and equality. We spoke about his reflections on communal violence between Hindus and Muslims, revenge and reconciliation in South Asia, Sikhs and Buddhists, differences between north and south India, constitutional values, and much more. Recorded April 17th, 2025. Read a full transcript enhanced with helpful links, or watch the full video. Connect with Ideas of India Follow us on X Follow Shruti on X Click here for the latest Ideas of India episodes sent straight to your inbox.

22 May

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1h 18m
28 MAR

Jeffrey Rosen on Virtue and the Pursuit of Happiness

In this episode of the Pluralist Points podcast, Ben Klutsey, the executive director of the Mercatus Center at George Mason University, speaks with Jeffrey Rosen, the president and CEO of the National Constitution Center, about the Founders’ understanding of the pursuit of happiness and how it relates to virtue. They discuss the notion of bounded liberty, the importance of deep reading, literature that contains ancient wisdom and much more. Read a full transcript enhanced with helpful links, or watch the full video. Recorded March 5th, 2025 Other ways to connect Follow Discourse Magazine on X Follow Ben on X Follow Jeff on X Follow Ben on LinkedIn Read more by Discourse Magazine. Learn more about the Mercatus Center. Music Copyright Code: QSHX8CE2OGOJIZGV

28 Mar

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38 min
5 MAY

Skanda Amarnath on the Future of the Federal Reserve and its Framework

Skanda Amarnath is the executive director of Employ America. Skanda returns to the show to discuss the standing of Humphrey’s Executor, the prospects for the Fed’s Framework Review, the case for NGDP Targeting, and much more. Check out the transcript for this week’s episode, now with links. Recorded on April 16th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow the show on X: @Macro_Musings Follow Skanda on X: @IrvingSwisher Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings Discord server! Join the Macro Musings mailing list! Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel Timestamps: (00:00:00) – Intro (00:02:01) – Humphrey’s Executor (00:12:35) – The Fed’s Framework Review (00:37:18) – Fed’s Communication (00:47:36) – Productivity (00:59:07) – Outro

5 May

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1 hr

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