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 the complexities of government organization and the causes- including regulatory capture, and he tells us what he envisions to be potential solutions.

Be sure to check out Kevin Lavery's Great Antidote Extra on this episode.

Want to explore more?
Steven Teles on Kludgeocracy, an EconTalk podcast.
Brink Lindsey, Liberaltarians, at The New Republic.
Brink Lindsey and Steven Teles on the Captured Economy, an EconTalk podcast.
Kevin Corcoran, Body Snatchers and Regulatory Capture, at EconLog.
Peter Boettke on Public Administration, Liberty, and the Proper Role of Government, an EconTalk podcast.