Wolfgang Streeck, former director at the Max Planck Institute for the Study of Societies, delves into the growing divide between elites and the public in democracies. He discusses the rise of populism as a backlash against centralized control, the educational and immigration divides shaping political sentiments, and the evolving geopolitical dynamics between the U.S. and Europe. Streeck's insights reveal the complexities of modern globalism and the urgent need for more democratic governance amidst shifting power balances.

Peter Andreas, John Hay Professor of International Studies at Brown University and author of influential works like "Border Games," dives deep into the complexities of Trump's border policies. He discusses why these policies resonate despite lower deportation rates, exploring the performative politics surrounding the U.S.-Mexico border. Andreas sheds light on the nuances of the illicit economy, the blurred lines between legal and illegal trade, and how fentanyl and tariffs shape U.S. relations with neighboring countries.

Chris Skinner, a notable author and commentator on financial technology, shares his insights from his latest book on intelligent money management. He delves into the integration of AI and machine learning in everyday financial decisions, transforming how we manage our money. The conversation covers the future of digital transactions, enhanced by augmented reality and the vital role of cash in crises. Skinner also discusses the challenges of building digital trust in finance, emphasizing the need for solid data systems to tackle risks in intelligent banking.

Peoples & Things host, Lee Vinsel, talks with retired professor, consultant, Discovery Institute fellow, and a winner of the NTT DoCoMo Mobile Science Award, Jeffrey Lee Funk, about his recent book Unicorns, Hype, and Bubbles: A Guide to Spotting, Avoiding, and Exploiting Investment Bubbles in Tech (Harriman House, 2024). The book provides readers with fundamental tools for exploring technology markets and spotting financial bubbles, which have been recurring at a high rate in recent decades. In addition to talking through the basic perspectives the book provides, Vinsel and Funk also talk through examples of recent technology bubbles, including the likely current bubble centered on generative AI. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

A riveting expose of the global oil industry' s multi-decade conspiracy to muddy the waters around the science of climate change and use the Australian government to undermine worldwide efforts to address environmental devastation. Researched and written by one of Australia' s most fearless investigative journalists, Slick: Australia's Toxic Relationship with Big Oil (U Queensland Press, 2024) reveals how the US petroleum industry was warned about its environmental impacts back in the 1950s and yet went on to build the Australian oil industry, which in turn tried to drill the Great Barrier Reef, sought to strongarm governments, and joined a global effort to bury the science of climate change and delay action despite knowing the harms it would cause. Slick also tells the stories of fire and flood survivors, as well as of the activists engaged in a high-risk fight for the future of Australia and of the efforts being made to save ourselves from catastrophe. In this superb, in-depth work of journalism, Royce Kurmelovs provides an on-the-ground examination of how the fossil fuel industry captured Australia, and outlines what' s at stake for the survival of the planet and our democracy. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Religion in the twenty-first century is alive and well across the world, despite its apparent decline in North America and parts of Europe. Vigorous competition between and within religious movements has led to their accumulating great power and wealth. Religions in many traditions have honed their competitive strategies over thousands of years. Today, they are big business; like businesses, they must recruit, raise funds, disburse budgets, manage facilities, organize transportation, motivate employees, and get their message out.In The Divine Economy (Princeton UP, 2024), economist Paul Seabright argues that religious movements are a special kind of business: they are platforms, bringing together communities of members who seek many different things from one another—spiritual fulfilment, friendship and marriage networks, even business opportunities. Their function as platforms, he contends, is what has allowed religions to consolidate and wield power.This power can be used for good, especially when religious movements provide their members with insurance against the shocks of modern life, and a sense of worth in their communities. It can also be used for harm: political leaders often instrumentalize religious movements for authoritarian ends, and religious leaders can exploit the trust of members to inflict sexual, emotional, financial or physical abuse, or to provoke violence against outsiders. Writing in a nonpartisan spirit, Seabright uses insights from economics to show how religion and secular society can work together in a world where some people feel no need for religion, but many continue to respond with enthusiasm to its call.Paul Seabright teaches economics at the Toulouse School of Economics, and until 2021 was director of the multidisciplinary Institute for Advanced Study in Toulouse. From 2021 to 2023, he was a Fellow of All Souls College at the University of Oxford. His books include The War of the Sexes: How Conflict and Cooperation Have Shaped Men and Women from Prehistory to the Present and The Company of Strangers: A Natural History of Economic Life (both Princeton).Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

China’s breathtaking economic development has been driven by bureaucrats. Even as the country transitioned away from socialist planning toward a market economy, the economic bureaucracy retained a striking degree of influence and control over crafting and implementing policy. Yet bureaucrats are often dismissed as faceless and inconsequential, their role neglected in favor of party leaders’ top-down rule or bottom-up initiatives.<Markets with Bureaucratic Characteristics (Columbia UP, 2024) offers a new account of economic policy making in China over the past four decades that reveals how bureaucrats have spurred large-scale transformations from within. Yingyao Wang demonstrates how competition among bureaucrats motivated by careerism has led to the emergence of new policy approaches. Second-tier economic bureaucrats instituted distinctive―and often conflicting―“policy paradigms” aimed at securing their standing and rewriting China’s long-term development plans for their own benefit. Emerging from the middle levels of the bureaucracy, these policy paradigms ultimately reorganized the Chinese economy and reshaped state-market relations. Drawing on fine-grained biographical and interview data, Wang traces how officials coalesced around shared career trajectories, generational experiences, and social networks to create new alliances and rivalries. Shedding new light on the making and trajectory of China’s ambitious economic reforms, this book also provides keen sociological insight into the relations among bureaucracy, states, and markets. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Economist Bryan Caplan has written—and artist Ady Branzei has illustrated—this new graphic novel about housing regulation (if ‘novel’ can be applied to an imaginative essay on a nonfiction topic), Build Baby Build: The Science and Ethics of Housing Regulation (Cato Institute, 2024). The thesis of the work is that regulation has driven up the cost of housing and ‘manufactured scarcity.’ Regulation is always well intentioned but often ill considered, as Caplan shows, and every benefit—‘free’ parking, zoning restrictions, environmental considerations—is provided by a hidden cost to the consumer and the tax-payer, disproportionately born by the poor (ironically the people they are supposed to be helping).This conversation touched on other areas where free-market principles conflict with government interventions: bike lanes, environmental policy, immigration, and public education, especially at the taxpayer-supported university, a topic that Bryan Caplan discussed last time he was on the New Books Network, in his 2018 interview with Editor-in-Chief Marshall Poe when they discussed his earlier book, The Case Against Education.Bryan Caplan is a professor of economics at George Mason University, a senior research fellow at the Mercatus Center, an adjunct scholar at the Cato Institute; his blog on Substack is called Bet on It.Krzysztof Odyniec is a historian of Medieval and Early Modern Europe; his dissertation is a forthcoming book, published by Brepols: Dantiscus: Diplomat and Traveller in Sixteenth-Century Europe. He is a regular host on the New Books Network also the host of the 'Almost Good Catholics' podcast. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

The word Leader often brings to mind the heroic image of a charismatic, confident, and persuasive person who seems to "know" what to do in an instinctual, gut-driven way.  In Decision Leadership: Empowering Others to Make Better Choices (Yale UP, 2022), Don A. Moore and Max H. Bazerman offer a well-researched and compelling corrective to this view. They describe organizations as decision factories in which effective leaders are not lone heroes, but decision architects who design situations and policies that enable those around them to make wise, ethical choices that are consistent both with their own interests and the organization's values. Built on a foundation of behavioral economics and decision science research, this book is full of real-life stories and concrete examples of the incentives, structures, and systems that can be used to guide negotiations and decision making. This approach avoids many of the common pit-falls of overconfidence and dependence on a few heroic figures, allowing strong leaders to have positive impact far beyond their limited individual range.  Authors recommended reading:  Negotiation: The Game Has Changed by Max H. Bazerman Perfectly Confident: How to Calibrate Your Decisions Wisely by Don A. Moore Also by these authors:  Judgment in Managerial Decision Making by Max H. Bazerman and Don A. MooreHosted by Meghan Cochran Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Canada is experiencing a housing shortage. Although house prices in major Canadian cities appeared to have topped out, new housing isn’t coming onto the market quickly enough. Higher interest rates have only tightened the pressure on buyers, and renters, too, as rising mortgage rates cost landlords more, which are passed along to tenants in rent increases. Even with recent federal budget commitments to bring more housing online by 2030, there will still be a shortfall of 3.5 million homes by then.Gregor Craigie is a CBC journalist in Victoria, one of the highest-priced housing markets in the country. On his daily radio show On The Island he's been talking for over 17 years to local experts and to those across the country about housing. Craigie has travelled to many of the places he profiles in the book, and in his interviews with Canadians he presents the human face of the shortfall as he speaks with renters, owners and homeless people, exploring their varying predicaments and perspectives. He then shows, through comparable profiles of people across the globe, how other North American and international jurisdictions (Tokyo, Paris, Berlin, Helsinki, Singapore, Ireland, to name a few) are housing their citizens better, faster and with determination—solutions that could be put into practice here.With passion, knowledge and vigour, Craigie explains how Canada reached this critical impasse and will convince those who may not yet recognize how badly our entire country is in need of change. Our Crumbling Foundation provides hope for finding our way out of the crisis by recommending a number of approaches at all levels of government. The prescription for how we’re going to house ourselves, and do so equitably, requires not just a business solution, nor simply a social solution, but rather a combination of both, working hand-in-hand with all levels of government, and quickly, in order to catch up with and outpace the needs of Canadians in this ever-intensifying crisis over a basic human right.Gregor Craigie is the host of On The Island on CBC Radio One in Victoria. He is also the author of the nonfiction work On Borrowed Time: North America's Next Big Quake and the Radio Jet Lag.Alex Hallbom is a Registered Professional Planner in British Columbia, Canada. He sits on the editorial board of Plan Canada, the professional publication for planners in Canada, and publishes periodically in Plan Canada and Planning West. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics