60 http://www.EconTalk.org en-us Library of Economics and Liberty EconTalk is an award-winning weekly talk show about economics in daily life. Featured guests include renowned economics professors, Nobel Prize winners, and exciting speakers on all kinds of topical matters related to economic thought. Host Russ Roberts, of the Library of Economics and Liberty and George Mason U., draws you in with lively guests and creative repartee. Topics include health care, free trade, economic growth, education, finance, politics, sports, book reviews, and the curiosities of everyday decision-making. Look for related readings and the complete archive of previous shows at EconTalk.org, where you can also comment on the podcasts and ask questions. EconTalk is a talk show about economics in daily life. Topics include parenting, free trade, book reviews, and the curiosities of everyday decision-making about school, finances, family, politics, and business. Russ Roberts, of the Library of Economics an EconTalk, Russ Roberts, Library of Economics and Liberty EconTalk is a talk show about economics in daily life. Topics include parenting, free trade, book reviews, and the curiosities of everyday decision-making about school, finances, family, politics, and business. Russ Roberts, of the Library of Economics and Liberty and George Mason U., draws you in with lively guests and creative repartee. Look for related readings and blog comments at http://www.EconTalk.org no Library of Economics and LibertyeconomicsEducation/Higher EdBusinessSciencewebmaster@econlib.orgEconTalk, Russ Roberts, Library of Economics and Libertyeconomics EconTalk: Russ Roberts Mon, 4 Aug 2008 06:30:00 EST Robert Barro of Harvard University and Stanford University's Hoover Institution talks about disasters--significant national and international catastrophes such as the Great Depression, war, and the flu epidemic in the early part of the 20th century. What do we know about these disasters? What is the likelihood of a catastrophic financial crisis in the United States? How serious is the current economic situation in the United States? The conversation also includes discussions of economic stimulus, tax policy, and the recent worldwide rise in commodity prices. Robert Barro of Harvard University and Stanford University's Hoover Institution talks about disasters--significant national and international catastrophes such as the Great Depression, war, and the flu epidemic in the early part of the 20th century. What do we know about these disasters? What is the likelihood of a catastrophic financial crisis in the United States? How serious is the current economic situation in the United States? The conversation also includes discussions of economic stimulus, tax policy, and the recent worldwide rise in commodity prices. Robert Barro talks about disasters--significant national and international catastrophes such as the Great Depression, war, and the flu epidemic in the early 20th century. What do we know about these disasters? What is the likelihood of a catastrophic financial crisis in the United States? How serious is the current economic situation in the United States? The conversation also includes discussions of economic stimulus, tax policy, and the recent worldwide rise in commodity prices. economics, Robert Barro, recessions, great depression, war, influenza, ricardian equivalence, econlib http://www.econlib.org/library/Downloads/y2008/Barrodisasters.mp3 1:04:31 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 28 Jul 2008 06:30:00 EST Hal Varian, Google's Chief Economist and University of California at Berkeley professor, talks with Russ Roberts about Google, the role of technology in our everyday lives, the unintended paths of innovation, and the value of economics. Hal Varian, Google's Chief Economist and University of California at Berkeley professor, talks with Russ Roberts about Google, the role of technology in our everyday lives, the unintended paths of innovation, and the value of economics. Hal Varian, Google's Chief Economist and U.C. Berkeley professor, talks with Russ Roberts about Google, the role of technology in our everyday lives, the unintended paths of innovation, and the value of economics. economics, Hal Varian, google, innovation, econlib http://www.econlib.org/library/Downloads/y2008/Variantechnology.mp3 39:34 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 21 Jul 2008 06:30:00 EST Doug Rivers of Stanford University and YouGov.com talks with EconTalk host Russ Roberts about the world of political polling. Rivers explains why publicly provided margins of error overstate the reliability of most polls and why it's getting harder and harder to do telephone polls. Rivers argues that internet panels are able to create a more representative sample. Along the way he discusses automated telephone polls, the Bradley effect, and convention bounce, and the use of exit polls in calling states in Presidential elections. Doug Rivers of Stanford University and YouGov.com talks with EconTalk host Russ Roberts about the world of political polling. Rivers explains why publicly provided margins of error overstate the reliability of most polls and why it's getting harder and harder to do telephone polls. Rivers argues that internet panels are able to create a more representative sample. Along the way he discusses automated telephone polls, the Bradley effect, and convention bounce, and the use of exit polls in calling states in Presidential elections. Doug Rivers talks with host Russ Roberts about the world of political polling. Rivers explains why publicly provided margins of error overstate the reliability of most polls and why it's getting harder and harder to do telephone polls. Rivers argues that internet panels are able to create a more representative sample. He discusses automated telephone polls, the Bradley effect, convention bounce, and the use of exit polls in Presidential elections. economics, Doug Rivers, exit polls, presidential elections, econlib http://www.econlib.org/library/Downloads/y2008/Riverspolling.mp3 1:08:17 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 14 Jul 2008 06:30:00 EST Eric Hanushek of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the strange evolution of school finance in the last four decades. In particular, the courts have played an important role in recent years in mandating expenditure increases for public school systems. Hanushek talks about why this has come about and the lack of effect these expenditures have had in affecting student achievement. Eric Hanushek of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the strange evolution of school finance in the last four decades. In particular, the courts have played an important role in recent years in mandating expenditure increases for public school systems. Hanushek talks about why this has come about and the lack of effect these expenditures have had in affecting student achievement. Eric Hanushek talks with host Russ Roberts about the strange evolution of school finance in the last four decades. The courts have played an important role in recent years in mandating expenditure increases for public school systems. Hanushek talks about why this has come about and the ineffectiveness of these expenditures in improving student achievement. economics, Eric Hanushek, public schools, finance, econlib http://www.econlib.org/library/Downloads/y2008/Hanushekfinance.mp3 1:07:18 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 07 Jul 2008 06:30:00 EST Michael Munger of Duke University talks with EconTalk host Russ Roberts about Munger's recent trip to Chile and the changes Chile has made to Santiago's bus system. What was once a private decentralized system with differing levels of quality and price has been transformed into a system of uniform quality designed from the top down. How has the new system fared? Not particularly well according to Munger. Commuting times are up and the President of Chile has apologized to the Chilean people for the failures of the new system. Munger talks about why such changes take place and why they persist even when they seem inferior to the original system that was replaced. Michael Munger of Duke University talks with EconTalk host Russ Roberts about Munger's recent trip to Chile and the changes Chile has made to Santiago's bus system. What was once a private decentralized system with differing levels of quality and price has been transformed into a system of uniform quality designed from the top down. How has the new system fared? Not particularly well according to Munger. Commuting times are up and the President of Chile has apologized to the Chilean people for the failures of the new system. Munger talks about why such changes take place and why they persist even when they seem inferior to the original system that was replaced. Michael Munger talks with host Russ Roberts about Munger's recent trip to Chile and the changes Chile has made to Santiago's bus system. What was once a private decentralized system with differing levels of quality and price has been transformed into a system of uniform quality designed from the top down. How has the new system fared? Not particularly well according to Munger. Commuting times are up and the President of Chile has apologized to the Chilean people for the failures of the new system. Munger talks about why such changes take place and why they persist. economics, Michael Munger, Chile, bus system, econlib http://www.econlib.org/library/Downloads/y2008/Mungertransportation.mp3 56:07 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 30 Jun 2008 06:30:00 EST Arnold Kling of EconLog talks with EconTalk host Russ Roberts about the death of his father and the lessons to be learned for how hospitals treat patients and our health care system treats hospitals. Arnold Kling of EconLog talks with EconTalk host Russ Roberts about the death of his father and the lessons to be learned for how hospitals treat patients and our health care system treats hospitals. Arnold Kling of EconLog talks with EconTalk host Russ Roberts about the death of his father and the lessons to be learned for how hospitals treat patients and our health care system treats hospitals. economics, Arnold Kling, health care, project managers, econlib http://www.econlib.org/library/Downloads/y2008/Klinghospitals.mp3 59:26 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 23 Jun 2008 06:30:00 EST Richard McKenzie of the University California, Irvine and the author of Why Popcorn Costs So Much at the Movies and Other Pricing Puzzles, talks with EconTalk host Russ Roberts about a wide range of pricing puzzles. They discuss why Southern California experiences frequent water crises, why price falls after Christmas, why popcorn seems so expensive at the movies, and the economics of price discrimination. Richard McKenzie of the University California, Irvine and the author of Why Popcorn Costs So Much at the Movies and Other Pricing Puzzles, talks with EconTalk host Russ Roberts about a wide range of pricing puzzles. They discuss why Southern California experiences frequent water crises, why price falls after Christmas, why popcorn seems so expensive at the movies, and the economics of price discrimination. Richard McKenzie, author of Why Popcorn Costs So Much at the Movies, talks with host Russ Roberts about pricing puzzles. They discuss why Southern California experiences frequent water crises, why prices fall after Christmas, why popcorn seems so expensive at the movies, and the economics of price discrimination. economics, Richard McKenzie, popcorn, water, Christmas, price discrimination, econlib http://www.econlib.org/library/Downloads/y2008/McKenzieprices.mp3 1:15:54 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 16 Jun 2008 06:30:00 EST Don Boudreaux of George Mason University talks with EconTalk host Russ Roberts about the recent surge in energy prices. They talk about why prices have risen, the implications for America's standard of living and the implications for public policy. Don Boudreaux of George Mason University talks with EconTalk host Russ Roberts about the recent surge in energy prices. They talk about why prices have risen, the implications for America's standard of living and the implications for public policy. Don Boudreaux of George Mason University talks with EconTalk host Russ Roberts about the recent surge in energy prices. They talk about why prices have risen, the implications for America's standard of living and the implications for public policy. economics, Don Boudreaux, oil, ethanol, econlib http://www.econlib.org/library/Downloads/y2008/Boudreauxenergy.mp3 1:03:21 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 09 Jun 2008 06:30:00 EST Steve Cole, the Sales Manager at Ourisman Honda of Laurel in Laurel, Maryland talks with EconTalk host Russ Roberts about the strange world of new car pricing. They talk about dealer markup, the role of information and the internet in bringing prices down, why haggling persists, how sales people are compensated, and the gray areas of buyer and seller integrity. Steve Cole, the Sales Manager at Ourisman Honda of Laurel in Laurel, Maryland talks with EconTalk host Russ Roberts about the strange world of new car pricing. They talk about dealer markup, the role of information and the internet in bringing prices down, why haggling persists, how sales people are compensated, and the gray areas of buyer and seller integrity. Steve Cole, the Sales Manager at Ourisman Honda of Laurel in Laurel, Maryland talks with EconTalk host Russ Roberts about the strange world of new car pricing. They talk about dealer markup, the role of information and the internet in bringing prices down, why haggling persists, how sales people are compensated, and the gray areas of buyer and seller integrity. economics, Steve Cole, markets, automobiles, econlib http://www.econlib.org/library/Downloads/y2008/Colecars.mp3 1:12:01 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 02 Jun 2008 06:30:00 EST Gene Epstein, Barron's economics editor, talks to EconTalk host Russ Roberts about the virtues of the gold standard relative to fiat money. Epstein argues that privately issued money, backed by gold, would lead to an economy with much greater price stability and fewer and milder recessions. Gene Epstein, Barron's economics editor, talks to EconTalk host Russ Roberts about the virtues of the gold standard relative to fiat money. Epstein argues that privately issued money, backed by gold, would lead to an economy with much greater price stability and fewer and milder recessions. Gene Epstein, Barron's economics editor, talks to EconTalk host Russ Roberts about the virtues of the gold standard relative to fiat money. Epstein argues that privately issued money, backed by gold, would lead to an economy with much greater price stability and fewer and milder recessions. economics, Gene Epstein, gold, Federal Reserve, econlib http://www.econlib.org/library/Downloads/y2008/EpsteinGgold.mp3 1:07:23 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 26 May 2008 06:30:00 EST Robin Hanson of George Mason University talks about the phenomenon of signalling--the ways people spend resources to convey information about ourselves to others. It begins with Hanson revisiting his theory from an earlier podcast that we spend too much on medicine because we need to signal our concern for friends and family. The conversation then moves onto apply Hanson's model of signalling to other areas of human behavior. This is a wide-ranging discussion covering not just medicine, but real estate transactions, the wooing of a spouse, the role of education in the job market, parenting, the economics of self-deception, and Robin's argument that we spend too much time on admirable activities. Robin Hanson of George Mason University talks about the phenomenon of signalling--the ways people spend resources to convey information about ourselves to others. It begins with Hanson revisiting his theory from an earlier podcast that we spend too much on medicine because we need to signal our concern for friends and family. The conversation then moves onto apply Hanson's model of signalling to other areas of human behavior. This is a wide-ranging discussion covering not just medicine, but real estate transactions, the wooing of a spouse, the role of education in the job market, parenting, the economics of self-deception, and Robin's argument that we spend too much time on admirable activities. Robin Hanson talks about the phenomenon of signalling--the ways people spend resources to convey information about ourselves to others. It begins with Hanson revisiting his theory from an earlier podcast that we spend too much on medicine because we need to signal our concern for friends and family. The conversation then moves onto apply the model to other areas of human behavior. This wide-ranging discussion covers real estate transactions, wooing a spouse, education in the job market, parenting, self-deception, and Robin's argument that we spend too much time on admirable activities. economics, Robin Hanson, medicine, real estate, econlib http://www.econlib.org/library/Downloads/y2008/Hansonsignalling.mp3 1:25:23 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 19 May 2008 06:30:00 EST Allan Meltzer of Carnegie Mellon University talks with EconTalk host Russ Roberts about what the Fed really does and the political pressures facing the Chair of the Fed. He describes and analyzes some fascinating episodes in U.S. monetary history, discusses the advantages and disadvantages of the gold standard and ends the conversation with some insights into recent Fed moves to intervene with investment banks. This is a wonderful introduction to the political economy of the money supply and central banks. Allan Meltzer of Carnegie Mellon University talks with EconTalk host Russ Roberts about what the Fed really does and the political pressures facing the Chair of the Fed. He describes and analyzes some fascinating episodes in U.S. monetary history, discusses the advantages and disadvantages of the gold standard and ends the conversation with some insights into recent Fed moves to intervene with investment banks. This is a wonderful introduction to the political economy of the money supply and central banks. Allan Meltzer talks with host Russ Roberts about what the Fed really does and the political pressures facing the Chair of the Fed. He describes and analyzes some fascinating episodes in U.S. monetary history, discusses the advantages and disadvantages of the gold standard, and ends with insights into recent Fed moves to intervene with investment banks. This is a wonderful introduction to the political economy of the money supply and central banks. economics, Allan Meltzer, Federal Reserve, monetary policy, econlib http://www.econlib.org/library/Downloads/y2008/Meltzermoney.mp3 1:20:15 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 12 May 2008 06:30:00 EST Chris Anderson talks with EconTalk host Russ Roberts about his next book project based on the idea that many delightful things in the world are increasingly free--internet-based email with infinite storage, on-line encyclopedias and even podcasts, to name just a few. Why is this trend happening? Is it restricted to the internet? Is there really any such thing as a free lunch? Is free a penny cheaper than a penny or a lot cheaper than that? The conversation also covers whether economics has anything to say about free. Chris Anderson talks with EconTalk host Russ Roberts about his next book project based on the idea that many delightful things in the world are increasingly free--internet-based email with infinite storage, on-line encyclopedias and even podcasts, to name just a few. Why is this trend happening? Is it restricted to the internet? Is there really any such thing as a free lunch? Is free a penny cheaper than a penny or a lot cheaper than that? The conversation also covers whether economics has anything to say about free. Chris Anderson talks with host Russ Roberts about his next book project based on the idea that many delightful things are increasingly free--internet-based email with infinite storage, on-line encyclopedias and podcasts, to name just a few. Why this trend? Is it restricted to the internet? Is there really any such thing as a free lunch? Is free a penny cheaper than a penny or a lot cheaper? economics, Chris Anderson, internet, free, Tanstaafl, econlib http://www.econlib.org/library/Downloads/y2008/Andersonfree.mp3 1:11:44 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 05 May 2008 06:30:00 EST John Nye of George Mason University talks with EconTalk host Russ Roberts about his book, War, Wine, and Taxes. The conversation covers the history of Britain and France's trade policy, why the British drink beer and why Ricardo's example of Britain trading wool for Portuguese wine is bizarre. Nye turns the traditional story on its head--he argues that France was more of a free trader than Britain and that the repeal of the Corn Laws was not the dividing line between Britain's protectionist past and free trade future. At the end of the discussion, Nye emphasizes the importance of domestic free trade for economic growth. John Nye of George Mason University talks with EconTalk host Russ Roberts about his book, War, Wine, and Taxes. The conversation covers the history of Britain and France's trade policy, why the British drink beer and why Ricardo's example of Britain trading wool for Portuguese wine is bizarre. Nye turns the traditional story on its head--he argues that France was more of a free trader than Britain and that the repeal of the Corn Laws was not the dividing line between Britain's protectionist past and free trade future. At the end of the discussion, Nye emphasizes the importance of domestic free trade for economic growth. John Nye talks with Russ Roberts about his book, War, Wine, and Taxes. They cover the history of Britain and France's trade policy, why the British drink beer, and Ricardo's example of trading wool for wine. Nye argues that France was more of a free trader than Britain and that the repeal of the Corn Laws was not the dividing line between Britain's protectionist past and free trade future. economics, John Nye, trade, britain, france, corn laws, econlib http://www.econlib.org/library/Downloads/y2008/Nyetrade.mp3 1:04:21 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 28 Apr 2008 06:30:00 EST William Bernstein talks with EconTalk host Russ Roberts about the history of trade. Drawing on the insights from his recent book, A Splendid Exchange: How Trade Shaped the World, Bernstein talks about the magic of spices, how trade in sugar explain why Jews ended up in Manhattan, the real political economy of the Boston Tea Party and the demise of the Corn Laws in England. The discussion closes with the political economy of trade today and the interaction between trade and income inequality. William Bernstein talks with EconTalk host Russ Roberts about the history of trade. Drawing on the insights from his recent book, A Splendid Exchange: How Trade Shaped the World, Bernstein talks about the magic of spices, how trade in sugar explain why Jews ended up in Manhattan, the real political economy of the Boston Tea Party and the demise of the Corn Laws in England. The discussion closes with the political economy of trade today and the interaction between trade and income inequality. William Bernstein talks with EconTalk host Russ Roberts about the history of trade. Drawing on the insights from his recent book, A Splendid Exchange: How Trade Shaped the World, Bernstein talks about the magic of spices, how trade in sugar explain why Jews ended up in Manhattan, the real political economy of the Boston Tea Party and the demise of the Corn Laws in England. The discussion closes with the political economy of trade today and the interaction between trade and income inequality. economics, William Bernstein, exchange, corn laws, sugar, econlib http://www.econlib.org/library/Downloads/y2008/Bernsteintrade.mp3 1:10:26 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 21 Apr 2008 06:30:00 EST EconTalk host Russ Roberts talks about the claim that for capitalism to succeed there have to be people at the bottom to do the unpleasant tasks and that the rich thrive because of the suffering of those at the bottom. He critiques the idea that capitalism is a zero sum game where to get ahead, someone has to fall back. He also looks at the evolution of the least pleasant jobs over time and how technology interacts with rising productivity to make the least pleasant jobs more pleasant. EconTalk host Russ Roberts talks about the claim that for capitalism to succeed there have to be people at the bottom to do the unpleasant tasks and that the rich thrive because of the suffering of those at the bottom. He critiques the idea that capitalism is a zero sum game where to get ahead, someone has to fall back. He also looks at the evolution of the least pleasant jobs over time and how technology interacts with rising productivity to make the least pleasant jobs more pleasant. EconTalk host Russ Roberts talks about the claim that for capitalism to succeed there have to be people at the bottom to do the unpleasant tasks and that the rich thrive because of the suffering of those at the bottom. He critiques the idea that capitalism is a zero sum game where to get ahead, someone has to fall back. He also looks at the evolution of the least pleasant jobs over time and how technology interacts with rising productivity to make the least pleasant jobs more pleasant. economics, Russ Roberts, employment, capitalism, econlib http://www.econlib.org/library/Downloads/y2008/Robertsjobs.mp3 1:03:39 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 14 Apr 2008 06:45:00 EST Diane Coyle talks with EconTalk host Russ Roberts about the ideas in her new book, The Soulful Science: What Economists Really Do and Why it Matters. The discussions starts with the issue of growth--measurement issues and what economists have learned and have yet to learn about why some nations grow faster than others and some don't grow at all. Subsequent topics include happiness research, the politics and economics of inequality, the role of math in economics, and policy areas where economics has made the greatest contribution. Diane Coyle talks with EconTalk host Russ Roberts about the ideas in her new book, The Soulful Science: What Economists Really Do and Why it Matters. The discussions starts with the issue of growth--measurement issues and what economists have learned and have yet to learn about why some nations grow faster than others and some don't grow at all. Subsequent topics include happiness research, the politics and economics of inequality, the role of math in economics, and policy areas where economics has made the greatest contribution. with EconTalk host Russ Roberts about the ideas in her new book, The Soulful Science: What Economists Really Do and Why it Matters. The discussions starts with the issue of growth--measurement and what economists have learned and have yet to learn about why some nations grow faster than others. Topics include happiness research, inequality, the role of math in economics, and policy areas where economics has made the greatest contribution. economics, Diane Coyle, growth, math, happiness, econlib http://www.econlib.org/library/Downloads/y2008/Coylescience.mp3 1:04:15 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 07 Apr 2008 06:30:00 EST Christopher Coyne of West Virginia University and George Mason University's Mercatus Center talks with EconTalk host Russ Roberts about his book, After War: The Political Economy of Exporting Democracy. They talk about the successes and failures of America's attempts to export democracy after a war. In some cases, Japan and Germany, for example, after World War II, American efforts have led to stability and democratic institutions. In many other cases, Cuba, Somalia, and Haiti, for example, and so far, Iraq, American efforts have failed, often repeatedly and have sometimes made things worse. Coyne tries to identify factors that lead to an improved likelihood of success or failure. Ultimately, he concludes that a non-interventionist posture accompanied by unilateral free trade is more likely to benefit citizens under repressive governments. Christopher Coyne of West Virginia University and George Mason University's Mercatus Center talks with EconTalk host Russ Roberts about his book, After War: The Political Economy of Exporting Democracy. They talk about the successes and failures of America's attempts to export democracy after a war. In some cases, Japan and Germany, for example, after World War II, American efforts have led to stability and democratic institutions. In many other cases, Cuba, Somalia, and Haiti, for example, and so far, Iraq, American efforts have failed, often repeatedly and have sometimes made things worse. Coyne tries to identify factors that lead to an improved likelihood of success or failure. Ultimately, he concludes that a non-interventionist posture accompanied by unilateral free trade is more likely to benefit citizens under repressive governments. Christopher Coyne, talks with Russ Roberts about his book, After War: The Political Economy of Exporting Democracy. They talk about America's attempts to export democracy after a war. In Japan and Germany after WWII, American efforts have led to stability and democratic institutions. In Cuba, Somalia, and Haiti, and so far, Iraq, American efforts have failed, and sometimes made things worse. He concludes that a non-interventionist posture accompanied by unilateral free trade is more likely to benefit citizens under repressive governments. economics, Christopher Coyne, war, democracy, trade, econlib http://www.econlib.org/library/Downloads/y2008/Coynedemocracy.mp3 1:19:44 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 31 Mar 2008 06:30:00 EST Deirdre McCloskey of the University of Illinois at Chicago and the author of The Bourgeois Virtues talks with EconTalk host Russ Roberts about capitalism and whether markets make people more ethical or less. They also discuss Adam Smith's world view, whether people were nicer in the Middle Ages, and the role of prudence and love. Deirdre McCloskey of the University of Illinois at Chicago and the author of The Bourgeois Virtues talks with EconTalk host Russ Roberts about capitalism and whether markets make people more ethical or less. They also discuss Adam Smith's world view, whether people were nicer in the Middle Ages, and the role of prudence and love. Deirdre McCloskey, author of The Bourgeois Virtues, talks with host Russ Roberts about capitalism and whether markets make people more ethical or less. They also discuss Adam Smith's world view, whether people were nicer in the Middle Ages, and the role of prudence and love. economics, Deirdre McCloskey,middle ages,adam smith, econlib http://www.econlib.org/library/Downloads/y2008/Mccloskeycapitalism.mp3 59:59 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 24 Mar 2008 07:00:00 EST Mike Munger of Duke University talks with EconTalk host Russ Roberts about the economics of subsidies. What is the economic argument for subsidies? What is the history of the economic argument and what is its relevance today? Munger draws on his personal experience as a farmer to help listeners understand the pros and cons of using government-funded payments to encourage various activities deemed to be worth encouraging. Mike Munger of Duke University talks with EconTalk host Russ Roberts about the economics of subsidies. What is the economic argument for subsidies? What is the history of the economic argument and what is its relevance today? Munger draws on his personal experience as a farmer to help listeners understand the pros and cons of using government-funded payments to encourage various activities deemed to be worth encouraging. Mike Munger talks with host Russ Roberts about the economics of subsidies. What is the economic argument for subsidies? What is the history of the economic argument and what is its relevance today? Munger draws on his personal experience as a farmer to help listeners understand the pros and cons of using government-funded payments to encourage various activities deemed to be worth encouraging. economics, Mike Munger,farm subsidies,regulation, econlib http://www.econlib.org/library/Downloads/y2008/Mungersubsidies.mp3 1:02:18 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 17 Mar 2008 06:30:00 EST Tyler Cowen of George Mason University and Marginal Revolution talks with EconTalk host Russ Roberts about money, inflation, the Federal Reserve and the gold standard. Cowen argues that alternatives to the current Federal Reserve system promise more risk than return. Tyler Cowen of George Mason University and Marginal Revolution talks with EconTalk host Russ Roberts about money, inflation, the Federal Reserve and the gold standard. Cowen argues that alternatives to the current Federal Reserve system promise more risk than return. Tyler Cowen talks with host Russ Roberts about money, inflation, the Federal Reserve and the gold standard. Cowen argues that alternatives to the current Federal Reserve system promise more risk than return. economics, Tyler Cowen,federal reserve,gold standard, econlib http://www.econlib.org/library/Downloads/y2008/Cowenmoney.mp3 1:08:50 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 10 Mar 2008 06:30:00 EST Stephen Marglin of Harvard University and author of The Dismal Science: How Thinking Like an Economist Undermines Community talks with EconTalk host Russ Roberts about the markets and community. Marglin argues that markets and commercial transactions undermine the connections between us. He wants people to pay more attention to what is lost and not just what is gained by the pursuit of material well-being. Topics discussed include the nature of community, the role that voluntary associations play in our lives, the costs and benefits of mobility, the role of insurance in reducing our dependence on each other, and the nature of knowledge. Stephen Marglin of Harvard University and author of The Dismal Science: How Thinking Like an Economist Undermines Community talks with EconTalk host Russ Roberts about the markets and community. Marglin argues that markets and commercial transactions undermine the connections between us. He wants people to pay more attention to what is lost and not just what is gained by the pursuit of material well-being. Topics discussed include the nature of community, the role that voluntary associations play in our lives, the costs and benefits of mobility, the role of insurance in reducing our dependence on each other, and the nature of knowledge. Stephen Marglin, author of The Dismal Science: How Thinking Like an Economist Undermines Community, talks with host Russ Roberts about the markets and community. Marglin argues that markets and commercial transactions undermine the connections between us. He wants people to pay more attention to what is lost and not just what is gained by the pursuit of material well-being. Topics include the nature of community, voluntary associations, costs and benefits of mobility, how insurance reduces our dependence on each other, and the nature of knowledge. economics, Stephen Marglin,community,markets, econlib http://www.econlib.org/library/Downloads/y2008/Marglinmarkets.mp3 1:05:27 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 03 Mar 2008 06:00:00 EST Nobel Laureate Vernon Smith of Chapman University and George Mason University talks with EconTalk host Russ Roberts about the ideas in his new book, Rationality in Economics: Constructivist and Ecological Forms. They discuss the social and human sides of exchange, the robust nature of equilibrium in experiments and the real world, the seeming contradiction between Adam Smith's two great works, the unpredictability of how innovation emerges and its rationality, what neuroscience might tell us about economic decision-making, and the challenges of small-group intimate exchange and our interactions with strangers in the extended order of the marketplace. Nobel Laureate Vernon Smith of Chapman University and George Mason University talks with EconTalk host Russ Roberts about the ideas in his new book, Rationality in Economics: Constructivist and Ecological Forms. They discuss the social and human sides of exchange, the robust nature of equilibrium in experiments and the real world, the seeming contradiction between Adam Smith's two great works, the unpredictability of how innovation emerges and its rationality, what neuroscience might tell us about economic decision-making, and the challenges of small-group intimate exchange and our interactions with strangers in the extended order of the marketplace. Nobel Laureate Vernon Smith talks with host Russ Roberts about the ideas in his new book, Rationality in Economics. They discuss the social and human sides of exchange, the robust nature of equilibrium in experiments and the real world, the seeming contradiction between Adam Smith's two great works, the unpredictability of how innovation emerges and its rationality, what neuroscience might tell us about economic decision-making, and the challenges of small-group intimate exchange and our interactions with strangers in the extended order of the marketplace. economics, Vernon Smith,Nobel Prize,rationality,Adam Smith, equilibrium, econlib http://www.econlib.org/library/Downloads/y2008/Smithrationality.mp3 1:01:03 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 25 Feb 2008 06:00:00 EST Thomas Sowell of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the ideas in his new book, Economic Facts and Fallacies. He discusses the misleading nature of measured income inequality, CEO pay, why nations grow or stay poor, the role of intellectuals and experts in designing public policy, and immigration. Thomas Sowell of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the ideas in his new book, Economic Facts and Fallacies. He discusses the misleading nature of measured income inequality, CEO pay, why nations grow or stay poor, the role of intellectuals and experts in designing public policy, and immigration. Thomas Sowell talks with host Russ Roberts about the ideas in his new book, Economic Facts and Fallacies. He discusses the misleading nature of measured income inequality, CEO pay, why nations grow or stay poor, the role of intellectuals and experts in designing public policy, and immigration. economics, Thomas Sowell,income inequality,poverty, immigration, econlib http://www.econlib.org/library/Downloads/y2008/Sowellfallacies.mp3 1:06:22 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Tue, 19 Feb 2008 16:00:00 EST Timothy Brook, professor of history at the University of British Columbia and author of Vermeer's Hat: The Seventeenth Century and the Dawn of the Global World, talks with EconTalk host Russ Roberts about the expansion of global trade between Europe and the rest of the world, and in particular, North American and China. He discusses the differences and similarities between Chinese and Western attitudes toward trade and exploration and the implications for innovation and knowledge. Timothy Brook, professor of history at the University of British Columbia and author of Vermeer's Hat: The Seventeenth Century and the Dawn of the Global World, talks with EconTalk host Russ Roberts about the expansion of global trade between Europe and the rest of the world, and in particular, North American and China. He discusses the differences and similarities between Chinese and Western attitudes toward trade and exploration and the implications for innovation and knowledge. Timothy Brook, author of Vermeer's Hat: The Seventeenth Century and the Dawn of the Global World, talks with host Russ Roberts about the expansion of global trade between Europe and the rest of the world, and in particular, North American and China. He discusses the differences and similarities between Chinese and Western attitudes toward trade and exploration and the implications for innovation and knowledge economics, Timothy Brook,trade,China, econlib http://www.econlib.org/library/Downloads/y2008/Brooktrade.mp3 1:01:02 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 11 Feb 2008 06:30:00 EST William Easterly of NYU talks about why some nations escape poverty while others do not, why aid almost always fails to create growth, and what can realistically be done to help the poorest people in the world. William Easterly of NYU talks about why some nations escape poverty while others do not, why aid almost always fails to create growth, and what can realistically be done to help the poorest people in the world. William Easterly of NYU talks about why some nations escape poverty while others do not, why aid almost always fails to create growth, and what can realistically be done to help the poorest people in the world. economics, William Easterly,poverty,foreign aid, econlib http://www.econlib.org/library/Downloads/y2008/Easterlypoverty.mp3 1:01:38 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 04 Feb 2008 06:15:00 EST Dan Klein of George Mason University talks with EconTalk host Russ Roberts about the marvel of economic coordination that takes place without a coordinator--the sequence of complex tasks done by individuals often separated by immense distances who unknowingly contribute to everyday products and services we enjoy. Klein also discusses what he calls "the people's romance"--the idea that the highest form of human cooperation is through government action. Dan Klein of George Mason University talks with EconTalk host Russ Roberts about the marvel of economic coordination that takes place without a coordinator--the sequence of complex tasks done by individuals often separated by immense distances who unknowingly contribute to everyday products and services we enjoy. Klein also discusses what he calls "the people's romance"--the idea that the highest form of human cooperation is through government action. Dan Klein talks with host Russ Roberts about the marvel of economic coordination that takes place without a coordinator--the sequence of complex tasks done by individuals often separated by immense distances who unknowingly contribute to everyday products and services we enjoy. Klein also discusses what he calls "the people's romance"--the idea that the highest form of human cooperation is through government action. economics, Dan Klein,coordination,government, econlib http://www.econlib.org/library/Downloads/y2008/Kleincoordination.mp3 1:08:53 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 28 Jan 2008 06:15:00 EST Paul Collier of Oxford University talks about the ideas in his recent book, The Bottom Billion, an analysis of why the poorest countries in the world fail to grow. He talks about conflict, natural resources, being landlocked, and bad governance, four factors he identifies as causes of the desperate poverty and stagnation in the countries where 1/6 of the world's poorest peoples live. Paul Collier of Oxford University talks about the ideas in his recent book, The Bottom Billion, an analysis of why the poorest countries in the world fail to grow. He talks about conflict, natural resources, being landlocked, and bad governance, four factors he identifies as causes of the desperate poverty and stagnation in the countries where 1/6 of the world's poorest peoples live. Paul Collier talks about the ideas in his recent book, The Bottom Billion, an analysis of why the poorest countries in the world fail to grow. He talks about conflict, natural resources, being landlocked, and bad governance, four factors he identifies as causes of the desperate poverty and stagnation in the countries where 1/6 of the world's poorest peoples live. economics, Paul Collier,poverty,natural resources,growth, econlib http://www.econlib.org/library/Downloads/y2008/Collierbillion.mp3 1:08:47 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 21 Jan 2008 06:15:00 EST Don Boudreaux, of George Mason University, talks about the ideas in his book, Globalization. He discusses comparative advantage, the winners and losers from trade, trade deficits, and inequality with EconTalk host Russ Roberts. Don Boudreaux, of George Mason University, talks about the ideas in his book, Globalization. He discusses comparative advantage, the winners and losers from trade, trade deficits, and inequality with EconTalk host Russ Roberts. Don Boudreaux talks about the ideas in his book, Globalization. He discusses comparative advantage, the winners and losers from trade, trade deficits, and inequality with EconTalk host Russ Roberts. economics, Don Boudreaux,comparative advantage,globalization,trade deficits, econlib http://www.econlib.org/library/Downloads/y2008/Boudreauxglobal.mp3 1:19:54 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 14 Jan 2008 06:15:00 EST Mike Munger, of Duke University, talks about why firms exist. If prices and markets work so well (and they do) in steering economic resources, then why does so much economic activity take place within organizations that use command-and-control, top-down, centralized structures called firms? Within a firm, most of the goods and services that the workers use are given away rather than allocated by prices--computer services, legal services and almost everything else is not handed out by competition but by fiat, decided by a boss. A firm, the lynchpin of capitalism, is run like something akin to a centrally planned economy. Munger's answer, drawing on work of Ronald Coase, is a fascinating look at the often unseen costs of making various types of economic decisions. The result is a set of fascinating insights into why firms exist and why they do what they do. Mike Munger, of Duke University, talks about why firms exist. If prices and markets work so well (and they do) in steering economic resources, then why does so much economic activity take place within organizations that use command-and-control, top-down, centralized structures called firms? Within a firm, most of the goods and services that the workers use are given away rather than allocated by prices--computer services, legal services and almost everything else is not handed out by competition but by fiat, decided by a boss. A firm, the lynchpin of capitalism, is run like something akin to a centrally planned economy. Munger's answer, drawing on work of Ronald Coase, is a fascinating look at the often unseen costs of making various types of economic decisions. The result is a set of fascinating insights into why firms exist and why they do what they do. Mike Munger talks about why firms exist. If prices and markets work so well in steering economic resources, then why does so much economic activity take place within organizations that use top-down, centralized structures called firms? Within a firm, most of the goods and services that the workers use are given away rather than allocated by prices. Munger's answer, drawing on work of Ronald Coase, is a fascinating look at the often unseen costs of making various types of economic decisions. economics, Mike Munger,firms,coase,markets, econlib http://www.econlib.org/library/Downloads/y2008/Mungerfirms.mp3 1:02:23 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 07 Jan 2008 07:30:00 EST Edward Castronova, of Indiana University and author of Exodus to the Virtual World, talks about his provocative thesis that a growing number of people around the world will be spending more and more time playing multiplayer games in virtual reality both as a form of escape and as a search for meaning. He talks with EconTalk host Russ Roberts about how this trend might affect government, religion, and our happiness. Edward Castronova, of Indiana University and author of Exodus to the Virtual World, talks about his provocative thesis that a growing number of people around the world will be spending more and more time playing multiplayer games in virtual reality both as a form of escape and as a search for meaning. He talks with EconTalk host Russ Roberts about how this trend might affect government, religion, and our happiness. Author Edward Castronova talks about his provocative thesis that a growing number of people around the world will be spending more and more time playing multiplayer games in virtual reality both as a form of escape and as a search for meaning. He talks with host Russ Roberts about how this trend might affect government, religion, and our happiness. economics, Edward Castronova,virtual reality,government,happiness, econlib http://www.econlib.org/library/Downloads/y2008/Castronovavirtual.mp3 1:11:44 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 24 Dec 2007 06:15:00 EST William Duggan, professor of management at Columbia Business School at Columbia University, talks about his latest book, Strategic Intuition. Duggan critiques traditional methods of strategy and planning and suggests that the opportunism and adaptability are more productive detailed plans. He also discusses the nature of intuition and creativity along with insights into how the brain works to better understand problem-solving. William Duggan, professor of management at Columbia Business School at Columbia University, talks about his latest book, Strategic Intuition. Duggan critiques traditional methods of strategy and planning and suggests that the opportunism and adaptability are more productive detailed plans. He also discusses the nature of intuition and creativity along with insights into how the brain works to better understand problem-solving. William Duggan talks about his latest book, Strategic Intuition. Duggan critiques traditional methods of strategy and planning and suggests that the opportunism and adaptability are more productive detailed plans. He also discusses the nature of intuition and creativity along with insights into how the brain works to better understand problem-solving. economics, William Duggan,strategy,brain, econlib http://www.econlib.org/library/Downloads/y2007/Dugganstrategy.mp3 55:30 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 17 Dec 2007 06:30:00 EST Karol Boudreaux, Senior Research Fellow at George Mason University's Mercatus Center, talks with EconTalk host Russ Roberts about her field work and research in Rwanda and South Africa. In Rwanda, she studied how a change in incentives and property rights for coffee farmers has allowed the coffee bean growers to improve quality and prosper. In South Africa's Langa Township, she looked at how renters were allowed to become homeowners and how the ability to own changed their lives. Karol Boudreaux, Senior Research Fellow at George Mason University's Mercatus Center, talks with EconTalk host Russ Roberts about her field work and research in Rwanda and South Africa. In Rwanda, she studied how a change in incentives and property rights for coffee farmers has allowed the coffee bean growers to improve quality and prosper. In South Africa's Langa Township, she looked at how renters were allowed to become homeowners and how the ability to own changed their lives. Karol Boudreaux talks with host Russ Roberts about her field work and research in Rwanda and South Africa. In Rwanda, she studied how a change in incentives and property rights for coffee farmers has allowed the coffee bean growers to improve quality and prosper. In South Africa's Langa Township, she looked at how renters were allowed to become homeowners and how the ability to own changed their lives. economics, Karol Boudreaux,africa,coffee,rwanda,langa township,econlib http://www.econlib.org/library/Downloads/y2007/BoudreauxKafrica.mp3 1:00:27 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 10 Dec 2007 06:00:00 EST Pete Boettke, of George Mason University, talks with EconTalk host Russ Roberts about the origins and tenets of Austrian economics. This is a wonderful introduction to how the so-called Austrian economists look at the world and how they continue to influence economics today. Pete Boettke, of George Mason University, talks with EconTalk host Russ Roberts about the origins and tenets of Austrian economics. This is a wonderful introduction to how the so-called Austrian economists look at the world and how they continue to influence economics today. Pete Boettke talks with host Russ Roberts about the origins and tenets of Austrian economics. This is a wonderful introduction to how the so-called Austrian economists look at the world and how they continue to influence economics today. economics, Pete Boettke,austrian school, econlib http://www.econlib.org/library/Downloads/y2007/Boettkeaustrian.mp3 1:17:54 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 03 Dec 2007 06:30:00 EST Mike Munger, frequent guest and longtime Econlib contributor, speaks with EconTalk host Russ Roberts about fair trade coffee and free trade agreements. Does the premium for fair trade coffee end up in the hands of the grower? What economic forces might stop that from happening? They discuss the business strategy of using higher wages as a marketing strategy to attract concerned consumers. They turn to the issue of free trade agreements. If the ideal situation is open borders to foreign products, is it still worthwhile to negotiate bilateral and multilateral agreements that requires delays, exemptions and a bureaucracy to enforce? What is the cost of including environmental and various labor market regulations in these agreements? Mike Munger, frequent guest and longtime Econlib contributor, speaks with EconTalk host Russ Roberts about fair trade coffee and free trade agreements. Does the premium for fair trade coffee end up in the hands of the grower? What economic forces might stop that from happening? They discuss the business strategy of using higher wages as a marketing strategy to attract concerned consumers. They turn to the issue of free trade agreements. If the ideal situation is open borders to foreign products, is it still worthwhile to negotiate bilateral and multilateral agreements that requires delays, exemptions and a bureaucracy to enforce? What is the cost of including environmental and various labor market regulations in these agreements? Mike Munger, frequent guest and longtime Econlib contributor, speaks with host Russ Roberts about fair trade coffee and free trade agreements. Does the premium for fair trade coffee end up in the hands of the grower? What economic forces might stop that from happening? They discuss the business strategy of using higher wages as a marketing strategy to attract concerned consumers. Is it worthwhile to negotiate bilateral and multilateral agreements? What is the cost of including environmental and various labor market regulations in these agreements? economics, Mike Munger,free trade,coffee, econlib http://www.econlib.org/library/Downloads/y2007/Mungertrade.mp3 58:58 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 27 Aug 2007 06:30:00 EST Paul Romer, Stanford University professor and Hoover Institution Senior Fellow talks with EconTalk host Russ Roberts about growth, China, innovation, and the role of human capital. Also discussed are ideas in creating growth, the idea that ideas allow for increasing returns, and intellectual property and how it should be treated. This 75 minute podcast is a wonderful introduction to thinking about what creates and sustains our standard of living in the modern world. Paul Romer, Stanford University professor and Hoover Institution Senior Fellow talks with EconTalk host Russ Roberts about growth, China, innovation, and the role of human capital. Also discussed are ideas in creating growth, the idea that ideas allow for increasing returns, and intellectual property and how it should be treated. This 75 minute podcast is a wonderful introduction to thinking about what creates and sustains our standard of living in the modern world. Paul Romer talks with host Russ Roberts about growth, China, innovation, and the role of human capital. Also discussed are ideas in creating growth, the idea that ideas allow for increasing returns, and intellectual property and how it should be treated. This 75 minute podcast is a wonderful introduction to thinking about what creates and sustains our standard of living in the modern world. economics, Paul Romer,growth,human capital,property, econlib http://www.econlib.org/library/Downloads/y2007/Romergrowth.mp3 1:17:08 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 05 Feb 2007 07:15:00 EST Bob Lucas, Nobel Laureate and professor of economics at the University of Chicago talks about wealth and poverty, what affects living standards around the world and over time, the causes of business cycles and the role of the money in our economy. Along the way, he talks about Jane Jacobs, immigration, and Milton Friedman's influence on his career. Bob Lucas, Nobel Laureate and professor of economics at the University of Chicago talks about wealth and poverty, what affects living standards around the world and over time, the causes of business cycles and the role of the money in our economy. Along the way, he talks about Jane Jacobs, immigration, and Milton Friedman's influence on his career. Bob Lucas, Nobel Laureate and professor of economics at the U. of Chicago, talks about wealth, poverty, and the subtle and not-so-subtle keys to growth. He also talks about the work of Jane Jacobs, immigration, and Milton Friedman. economics Bob Lucas, growth, poverty, Nobel Prize econlib http://www.econlib.org/library/Downloads/y2007/Lucasgrowth.mp3 48:14 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 4 Sep 2006 07:25:00 EST Russ Roberts talks to Milton Friedman about the radical ideas he put forward almost 50 years ago in Capitalism and Freedom. Listen to the most influential economist of the past 50 years discuss the principles of liberty, social responsibility of business, the inertia behind bad legislation and his career as economist and public intellectual. Russ Roberts talks to Milton Friedman about the radical ideas he put forward almost 50 years ago in Capitalism and Freedom. Listen to the most influential economist of the past 50 years discuss the principles of liberty, social responsibility of business, the inertia behind bad legislation and his career as economist and public intellectual. Russ Roberts talks to Milton Friedman about the radical ideas he put forward almost 50 years ago in Capitalism and Freedom. Listen to the most influential economist of the past 50 years discuss the principles of liberty, social responsibility of business, the inertia behind bad legislation and his career as economist and public intellectual. economics, Milton Friedman, capitalism, freedom, econlib http://www.econlib.org/library/Downloads/Friedmanfreedom.mp3 43:3 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk: Russ Roberts Mon, 28 Aug 2006 07:30:00 EST Russ Roberts talks with Milton Friedman about his research and views on inflation, the Federal Reserve, Alan Greenspan and Ben Bernanke, and what the future holds. Russ Roberts talks with Milton Friedman about his research and views on inflation, the Federal Reserve, Alan Greenspan and Ben Bernanke, and what the future holds. Russ Roberts talks with Milton Friedman about his research and views on inflation, the Federal Reserve, Alan Greenspan and Ben Bernanke, and what the future holds. economics, Milton Friedman, money, Fed, econlib http://www.econlib.org/library/Downloads/Friedmanmoney.mp3 26:4 clean webmaster@econlib.org (EconTalk, Russ Roberts, Library of Economics and Liberty) EconTalk, Russ Roberts, Library of Economics and LibertynonadultEconTalk is a talk show about economics in daily life. Topics include parenting, free trade, book reviews, and the curiosities of everyday decision-making about school, finances, family, politics, and business. Russ Roberts, of the Library of Economics an