The Human Progress Podcast Progress, Classical Liberalism, and the New Right | Tyler Cowen | Ep. 62
May 30, 2025
Tyler Cowen, a prominent economist at George Mason University, discusses the New Right's dynamics and how classical liberalism addresses modern political dilemmas. He examines the historical roots and legacy of liberalism, revealing its impact on post-war Europe. Cowen critiques public misconceptions of economics and the challenges faced by liberalism today, especially amid COVID-19. The conversation also delves into immigration assimilation between the U.S. and Europe, as well as the evolution of trust in society, offering a thought-provoking take on contemporary issues.
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Core of Classical Liberalism
- Classical liberalism centers on capitalism, limited government, free trade, and free speech.
- Its roots lie mainly in 17th century England, spreading widely in the Anglo world by the 18th century.
Spectrum of Political Ideologies
- American liberalism trusts big government to achieve liberal goals, differing from classical liberalism's suspicion of concentrated power.
- Traditional conservatism often sought government enforcement of social norms, distinct from today's muddled political spectrum.
Skepticism of Government Coercion
- Classical liberals accept some government coercion for public goods like science but remain deeply skeptical of overreach.
- They favor decentralized, competitive mechanisms and view coercion as potentially corrupting individuals and institutions.