Adam Smith said, "Science is the great antidote to the poison of enthusiasm and superstition." So join us for interviews with the leading experts on today's biggest issues to learn more about economics, policy, and much more.
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Send us a Text Message. What’s in a price? Good question. How can you be “enslaved” to something like a price, to something that doesn’t eat, sleep, or breathe? Good question. What does it mean to wage a war against this inanimate enslaver? Good question. Join me today with Ryan Bourne, the R. Evan Scharf Chair for the Public Understanding of Econo…
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Michael Cannon on Prices and Health
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Send us a Text Message. Michael Cannon is the Cato Institute’s director of health policy studies and it is his third time on the podcast. He has been on The Washingtonian’s list of most influential people for four years in a row. Today, we talk about why people think the American healthcare system is “free market” and the role of prices in determin…
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Charles Noussair on Experimental Economics and Testing Institutions
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Send us a Text Message. Charles Noussair is the Eller Professor of Economics at the University of Arizona and the Director of the Economic Science Laboratory. He also serves as the President of the Economic Science Association. Today, we talk about experimental economics, how it complements other types of economic research, and how economic experim…
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Sandra Peart on Ethical Quandaries and Politics Without Romance
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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 his…
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Daniel Di Martino on Life in Venezuela and Immigration
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Send us a Text Message. Daniel Di Martino is a PhD candidate in Economics at Columbia University and a graduate fellow at the Manhattan Institute—where he focuses on high-skill immigration policy. He also founded the Dissident Project to teach high school students about the evils of socialist regimes. Today we talk about his life in Venezuela and t…
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Anne Bradley on the Political Economy of Terrorism
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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 ab…
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Craig Richardson on Storytelling, Economics, and Magic
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Send us a Text Message. Craig Richardson is a professor of economics at Winston-Salem State University, and the director of the Center for the Study of Economic Mobility there. Today, we talk about a ton of things, from a breakdown of compelling narratives to magic. He tells us why Elizabeth Warren is more interesting to listen to than economists, …
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Dan Klein on Smith: Self-Command, Pride, and Vanity
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Send us a Text Message. Dan Klein is a professor of economics at George Mason University. Today, He talks to us about another of Smith’s great ideas: self-command. We discuss what the difference between command and control is, and how its important in today’s society. He describes the prideful man and the vain man, including details such as their r…
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Katherine Mangu-Ward on AI: Reality, Concerns, and Optimism
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Send us a Text Message. Katherine Mangu-Ward is the editor-in-chief of Reason: the Magazine for Free Minds and Free Markets. Today, we talk about what it is like to be an editor-in-chief and what that job description actually entails. She talks to us about the recent AI issue of Reason, in which they grapple with the big questions regarding the fut…
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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 app…
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Erik Matson on Adam Smith, David Hume, and the New Paternalists
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Send us a Text Message. Erik Matson is a senior research fellow at the Mercatus Center at George Mason University and the Deputy Director of the Adam Smith program. He recently released a new book, New Paternalism Meets Older Wisdom: Looking to Smith and Hume on Rationality, Welfare, and Behavioral Economics. Today we talk about paternalism, and ho…
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Alice Temnick on Adam Smith as an Educator
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Send us a Text Message. Alice Temnick joins us today on The Great Antidote. She is an IB economics teacher at the United Nations International School in Manhattan and is an education consultant for Liberty Fund’s Adam Smith Works. We continue a previous conversation on Adam Smith, this time exploring his time at Glasgow and his Lectures on Rhetoric…
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Russell Sobel on the Economics of Entrepreneurship
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Send us a Text Message. Russell Sobel is a Professor of Economics and Entrepreneurship at the Baker school of Business at The Citadel and he just put out a new book with the Fraser Institute, The Essential Joseph Schumpeter. He has also written an introductory economics textbook and many, many papers on the economics of entrepreneurship. Today, we …
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Byron Carson on Malaria's Collective Action Problem
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Send us a Text Message. Byron Carson is an associate professor of economics and business at Hampton-Sydney College in Virginia. He is also the author of a recently published book, Challenging Malaria, which we talk about today. He explains to us what malaria is and the different ways that individuals and private interests responded to it before the…
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Matt Mitchell on the Realities of Socialism in Estonia
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Send us a Text Message. Matt Mitchell is a senior fellow in the Center for Economic Freedom at the Fraser Institute and senior research fellow at the Knee Regulatory Research Center at West Virginia University . Today, we talk about what socialism really means and what it meant for a country like Estonia, which was first occupied by Hitler and then…
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Kristi Kendall on Human Action and Inspiring Through Ideas
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Send us a Text Message. Kristi Kendall is the director of Undivide Us, a documentary about political polarization in America, what it does to us, and how to fix it, along with many other productions. Today, we’re going to be talking about what’s in a documentary, or film generally, that makes it so moving, especially with members of my generation. …
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Stan Veuger on the Dutch Farmer Protests and Cannabis Legalization
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Send us a Text Message. Stan Veuger is a senior research fellow at the American Enterprise Institute, with a myriad of different research areas including the political situation in the Netherlands, which he’s written about at The Unpopulist, and the “Implications of Cannabis Legalization for the U.S. Federal Budget”, a paper which he wrote with Ale…
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Giandomenica Becchio on Feminist Economics
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Send us a Text Message. Giandomenica Becchio is a professor of economics and the history of economic thought at the University of Torino. Today, she tells us about feminist economics and why it’s an important criticism of neoclassical economics. Without understanding the role of typical gender and family roles, we cannot correctly understand or thi…
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Send us a Text Message. David Henderson is a research fellow at Stanford University’s Hoover Institution and the editor of the Concise Encyclopedia of Economics. He is also an emeritus professor of economics with the Naval Postgraduate School. Today, we talk about another famous economist who has recently passed, Robert Solow. Henderson tells us ab…
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David Boaz on Liberalism and the Continuing Progress of the Enlightenment
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Send us a Text Message. David Boaz is a distinguished senior fellow of the Cato Institute and for over more than four decades, he was the executive vice president. He has written many books, including The Libertarian Mind and Libertarianism: A Primer. Today, we talk about the historical origins and importance of liberalism and rehash the discussion…
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Economic Freedom on the Reservation: A Conversation with Thomas Stratmann
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Send us a Text Message. Thomas Stratmann is a Distinguished University Professor of economics and law at George Mason University, a senior research fellow at the Mercatus Institute, and the creator of the Reservation Economic Freedom Index. Today, we talk about reservations in America and the economic wellbeing of Native Americans. He explains to u…
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Kristi Kendall on Filmmaking and Documenting Our Divisions
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Send us a Text Message. Kristi Kendall is the director of the documentary Undivide Us, about the toxic polarization in America and practical steps to solving it through deep, face to face conversations in our communities. Today, we talk about the production of the documentary and how to communicate ideas through film. She tells us about how her car…
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Alice Temnick on Teaching, Learning, and Adam Smith's Education
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Send us a Text Message. Alice Temnick teaches IB Economics for the United Nations International School in Manhattan and is an education consultant with Liberty Fund’s Adam Smith Works and Econlib. Today, we begin what is going to be a long conversation about Adam Smith and education. We begin with Adam Smith’s upbringing and education and talk abou…
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Alain Bertaud on Urban Planning and Cities
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Send us a Text Message. Alain Bertaud is an urbanist and a senior research scholar at the NYU Marron Institute of Urban Management. He is the author of a book about urban planning that is titled Order Without Design: How Markets Shape Cities. He has worked as an urban planner in a multitude of cities around the world. Today, we talk about his view …
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Undivide Us: Ben Klutsey on Exploring and Confronting Polarization
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Send us a Text Message. Ben Klutsey is the Director of Academic Outreach and the Director of the Program on Pluralism and Civil Exchange at the Mercatus Center at George Mason University. He is also one of the masterminds behind a recent documentary, Undivide Us, which tackles the affective polarization in America and how to remedy it through thoug…
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Robert Lawson on Educating for Economic Freedom: James Gwartney's Legacy
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Send us a Text Message. 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 access…
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Send us a Text Message. Adam White is a senior fellow at the American Enterprise Institute and the Co-Director of the C. Boyden Gray Center for the Study of the Administrative State at George Mason University. He also leads seminars with the Hertog Foundation, one of which I had the chance to attend this summer. Today we talk about the American jud…
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Send us a Text Message. Brent Orrell is a senior fellow at the American Enterprise Institute, where his research lights the path in job training, workforce development, and criminal justice reform. Today, we talk about the state of work in the United States and the main issues that the labor market faces. We talk about the importance of meaning and…
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Send us a Text Message. Lauren Hall is the author of several books, the author of the wonderful Substack The Radical Moderate’s Guide to Life, and a professor at the Rochester Institute of Technology. Today, we talk about radical moderation, what that is, and why it's important. We talk about the importance of breaking away from the political binar…
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Cheryl Miller on Hertog and the Humanities
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Send us a Text Message. Cheryl Miller is the executive director of the Hertog Foundation, an educational philanthropy organization in Washington, DC. Today, we talk about the mission of the foundation and the importance of the humanities in policy making and being a human more generally. We talk about the state of the youth, optimism, and Edith Wha…
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Kerianne Lawson on Equal Economic Freedoms
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Send us a Text Message. Kerianne Lawson is a faculty scholar at the Challey Institute for Global Innovation and Growth as well as an assistant professor of economics at North Dakota State University. Today, we talk about a lot of different topics including the implementation of property rights in South Africa through the Khaya Lam project and the r…
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Send us a Text Message. Bob Ewing is the founder of the Ewing School, which helps clients with public speaking and listening skills, and writes the Substack Talking Big Ideas. Today we talk about communication, breaking it down into the components of speaking and listening. We discuss why communication is so important and how it can bring value and…
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Send us a Text Message. Albert Zambone is the author of Daniel Morgan: A Revolutionary Life. He is also the host of the podcast Historically Thinking, where he teaches listeners not only history but how to do it. Go check it out if you haven’t. He also has a doctorate in history from the University of Oxford. Today, we talk about what history is, w…
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John Bitzan on the Culture at Universities
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Send us a Text Message. John Bitzan is the Menard Family Director of the Sheila and Robert Challey Institute for Global Innovation and Growth at North Dakota State University. Today we are talking about the findings of their annual survey on American College Student Freedom, Progress and Flourishing, which has some shocking and non-shocking results…
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Send us a Text Message. Today, I am excited to welcome on Vincent Geloso. He is an assistant professor at George Mason University, specializing in the measurement of living standards. We talk about his new study with Chelsea Follet of the Cato Institute titled “Global Inequality in Well-Being Has Decreased across Many Dimensions” , which discusses …
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Chelsea Follett on Cities that Changed the World
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Send us a Text Message. I am excited to have Chelsea Follett on to talk to us about her new book Centers of Progress: 40 Cities that Changed the World. The title speaks for itself. She is a policy analyst at the Cato Institute’s center for global liberty and prosperity and the managing editor of humanprogress.org. We talk about a few key characteri…
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Lawrence Reed on Best and Worst American Presidents
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Send us a Text Message. Lawrence Reed is the president emeritus of the Foundation for Economic Education and of the Mackinac Center for Public Policy. He is currently the Humphreys family senior fellow at FEE. Visit his website lawrencewreed.com. Today we talk about the best and worst presidents in American history and the reasons why. We start wit…
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Send us a Text Message. 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…
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Phil Gramm on How Government Biases Policy Debate
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Send us a Text Message. Former Senator Phil Gramm began as a professor of economics at Texas A&M, then became a representative in the House, later becoming a senator. And now, he’s written a book with John Early and Robert Ekelund called The Myth of American Inequality: How Government Biases Policy Debate. We talk today about his book and observati…
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Jeremy Horpedahl on The Real Cost of Thriving Index
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Send us a Text Message. Jeremy Horpedahl is the director of the Arkansas Center for Research in Economics and an associate professor at the University of Central Arkansas . Today we talk about American Compass’s Cost of Thriving Index (COTI), what it says and why it is wrong. The COTI shows that Americans today have a higher cost of thriving than e…
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Jeremy Lott on Comics, Adam Smith, and More
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Send us a Text Message. Jeremy Lott is the managing editor at the Competitive Enterprise Institute, but he also has written several Adam Smith comics for Adam Smith Works, and written an impressively wide range of books, from a novel about William F. Buckley Jr.’s faith to children's books like Growlilocks to comics like Movie Men. Today, we talk a…
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Lawrence White on Currencies and Better Money
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Send us a Text Message. Today, I host Lawrence White on the podcast. He is an economics professor at George Mason University with a specialty in the history and theory of banking and money and is the author of several books including Better Money: Gold, Fiat, or Bitcoin. We talk about why on earth money and monetary policy come across as so intimid…
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Aaron Ross Powell on Visions of Liberty - Rerun
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Send us a Text Message. Aaron Ross Powell, formerly of the Cato Institute (at the time of this interview), and currently the host of podcasts ReImagining Liberty and Zooming In, talks to us about his new book with Paul Matzko called Visions of Liberty. Never miss another AdamSmithWorks update. Follow us on Facebook, Twitter, and Instagram.…
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Arnold Kling on The Three Languages of Politics - Rerun
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Send us a Text Message. The Great Antidote is on a break from recording new content right now, but please enjoy this rerun of one of our favorites in the meantime. Happy Summer and catch you soon with new content! Arnold Kling is an economist and the author of the book The Three Languages of Politics: Talking Across Political Divides. His substack,…
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Scott Winship on Poverty & Welfare - Rerun
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Send us a Text Message. The Great Antidote is on a break from recording new content right now, but please enjoy this rerun of one of our favorites in the meantime. Happy Summer and catch you soon with new content! Scott Winship, resident scholar and the director of poverty studies at the American Enterprise Institute (AEI), joins us this week to di…
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William B. Allen on The State of Black America - Rerun
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Send us a Text Message. The Great Antidote is on a break from recording new content right now, but please enjoy this rerun of one of our favorites in the meantime. Happy Summer and catch you soon with new content! William B. Allen, resident scholar and former chief operating officer of the Center for Urban Renewal and Education, talks to us today a…
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Send us a Text Message. Emily Hamilton is a senior research fellow and the director of the Urbanity Project at the Mercatus Center at George Mason University. Today, we talk about the current housing market and the regulations that prevent the building of more affordable, diverse, and abundant types of housing. Hamilton tells us the story of DC and…
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TGA Special: Enquiry Concerning Hereafter, Part 2
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Send us a Text Message. This week is going to be a little different. Today I am excited to share with you a recording of the play Enquiry Concerning Hereafter by Duane Kelly. (You can also read the script here.) The play is about the friendship between (and deaths of) Adam Smith and David Hume. Enjoy! Never miss another AdamSmithWorks update. Follo…
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TGA Special: Enquiry Concerning Hereafter, Part 1
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Send us a Text Message. This week is going to be a little different. Today I am excited to share with you a recording of the play Enquiry Concerning Hereafter by Duane Kelly. (You can also read the script here.) The play is about the friendship between (and deaths of) Adam Smith and David Hume. Enjoy! Never miss another AdamSmithWorks update. Follo…
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Send us a Text Message. Steven Teles is a professor of political science at Johns Hopkins University and a senior fellow at the Niskanen Center. Today he defines and talks to us about a few words, including “liberaltarianism” – explaining how it diverges from libertarianism with an intellectual history and why – and “kludgeocracy”. We talk about th…
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