Hayek Program Podcast F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics

In this 1984 lecture, sponsored by the Center for the Study of Market Processes in conjunction with the George Mason University Economics department, Nobel-Laureate F. A. Hayek discusses the evolution of morality and social norms, arguing that they result from unplanned, emergent processes. He contrasts this conclusion with other philosophical accounts of law and morality.

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On this episode of the Hayek Program Podcast, we begin the spring semester with a book panel discussion of Public Governance and the Classical-Liberal Perspective written by Paul Dragos Aligica, Peter J. Boettke, and Vlad Tarko. Peter Boettke began the discussion with an overview of the book and the ongoing debate about governance generated by the recent populist and paternalist challenges to democracy and liberalism. Then Eileen Norcross, Vice President of Policy Research at the Mercatus Center at George Mason University, and Justin Ross, an Associate Professor at the School of Public and Environmental Affairs at Indiana University, Bloomington provide commentary on the book.

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The current global-justice literature starts from the premise that world poverty results mostly from the actions of governments and citizens of rich countries. As a result, it recommends vast coercive transfers of wealth from rich to poor societies alongside stronger governance. But is it possible that global injustice is actually home-grown? If so, how can we alleviate poverty? What duties do we owe the world’s poor? In this throwback episode of the Hayek Program Podcast on "Justice at a Distance", Loren Lomasky argues that native restrictions to freedom lie at the root of poverty and stagnation, and that free markets in goods, services, and labor are capable of alleviating poverty.

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On this episode of the podcast, the Hayek Program hosts a book panel on “Humanomics: Moral Sentiments and the Wealth of Nations for the Twenty-First Century” by Nobel Laureate Vernon Smith and Bart Wilson. In the panel, participants explore the main themes and applications of the book including how integrating insights from Adam Smith’s work into contemporary empirical analysis helps to shape economic betterment as a science of human beings. Charlie Holt and Ryan Hanley join Vernon Smith and Bart Wilson on the panel as Peter Boettke moderates.

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In our final installment of the Hayek Program’s 2019 Future of Work Conference, we hear from Elizabeth Rhodes, research director for the Basic Income Project at Y Combinator Research. In her talk, she shares her research experiences in projects relating to a guaranteed basic income, including research on how she believes recent economic growth has been unevenly distributed and how intergenerational mobility has decreased. She also focuses on how the nature of modern jobs has changed and what can be done to address these changes while also addressing deficiencies in the current social safety net.

On this episode of the Hayek Program Podcast, we welcome our next keynote speaker from the Future of Work 2019 conference, Michael Munger, a professor of political science, economics, and public policy at Duke University. In his talk, he discusses the future of gigs and sharing in the economy and the role of storage could change. Additionally, he examines the messiness of economic revolutions and how a universal basic income could play a role in the next one.

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