On this episode of the Hayek Program Podcast, Deirdre McCloskey delivers a keynote lecture at the 2022 Markets & Society conference. She argues that the "great enrichment"—a 30-fold rise in global income per capita since 1776—was driven by liberal economic ideas that champion individual freedom and equality of permission. McCloskey also critiques government intervention, emphasizing the transformative power of removing barriers to foster innovation, prosperity, and human flourishing, and more.

Deirdre McCloskey is a Distinguished Professor Emerita of Economics and of History and Professor of English and of Communication at the University of Illinois at Chicago. McCloskey is also a Distinguished Affiliated Fellow with the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University.

She has published numerous books including Why Liberalism Works: How True Liberal Values Produce a Freer, More Equal, Prosperous World for All(2019) and her trilogy “The Bourgeois Era”: The Bourgeois Virtues: Ethics for a Commercial Society (2006), Bourgeois Dignity: Why Economics Can't Explain the Modern World (2010), and Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World (2016).

This lecture has been published in the Markets & Society Journal, Volume 1 Issue 1, as "Humanomics." Learn more about the Markets & Society conference and journal here.

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Mikayla Novak chats with Giandomenica Becchio on her latest book, The Doctrine of the Separate Spheres in Political Economy and Economics: Gender Equality and Classical Liberalism (Palgrave Macmillan, 2024). Together they discuss Becchio’s background and inspiration, the separated roles of men and women in the public and private spheres, and key thinkers in classical liberalism that studied feminist economics.

Giandomenica Becchio is Professor of History of Economic Thought, Methodology of Economics, and the Theory of Entrepreneurship in the Department of Economic and Social Sciences, Statistics and Mathematics, ISOMAS, at the University of Torino, Italy.

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 other podcast series from the Hayek Program is streaming! Subscribe today and listen to seasons one and two, and keep an eye out for season three coming soon!

Follow the Hayek Program on Twitter: @HayekProgram

Learn more about Academic & Student Programs

Follow the Mercatus Center on Twitter: @mercatus

CC Music: Twisterium

On this episode of the Hayek Program Podcast, Peter Boettke gives the opening keynote lecture at the 2022 Markets & Society conference. In this lecture, Boettke speaks on the importance of “relations before transactions”, emphasizes the impact of social interactions on economic activity and the role of trust, norms, and institutions, and highlights the insights of Adam Smith, F.A. Hayek, and Elinor Ostrom. Boettke explores the intersections between markets and society, opening the conference with a discussion of its theme.

Peter Boettke is a Distinguished University Professor of Economics and Philosophy at George Mason University and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University. He has published numerous books including Money and the Rule of Law: Generality and Predictability in Monetary Institutions (2021), Living Economics: Yesterday, Today, and Tomorrow (2012), and Challenging Institutional Analysis and Development: The Bloomington School (2009).

This lecture has been published in the Markets & Society Journal, Volume 1 Issue 1, as "Toward a Theory of Social Cooperation under the Division of Labor." Learn more about the Markets & Society conference and journal here.

If you like the show, please subscribe, leave a 5-star review, and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever you get your podcasts.

Virtual Sentiments, our new podcast series from the Hayek Program is streaming! Subscribe today and listen to seasons one and two.

Follow the Hayek Program on Twitter: @HayekProgram

Learn more about Academic & Student Programs

Follow the Mercatus Center on Twitter: @mercatus

CC Music: Twisterium