The Great Antidote

Lawrence White, an economics professor, discusses the history of money, including the classical gold standard and fiat money systems. He explores the concept of competitive banking and the influence of cryptocurrencies. The podcast also covers the establishment of the Bank of the United States and the debate between Alexander Hamilton and Thomas Jefferson. Additionally, the differences between gold-backed currency and fiat currency are explained, along with the potential of alternative currencies like crypto. The use of alternative currencies for privacy, inflation, personal beliefs, and the threat of invasion are also discussed.

Send us a textAaron Ross Powell, formerly of the Cato Institute (at the time of this interview), and currently the host of podcasts ReImagining Liberty and Zooming In, talks to us about his new book with Paul Matzko called Visions of Liberty.Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Send us a textThe Great Antidote is on a break from recording new content right now, but please enjoy this rerun of one of our favorites in the meantime. Happy Summer and catch you soon with new content!Arnold Kling is an economist and the author of the book The Three Languages of Politics: Talking Across Political Divides. His substack, In My Tribe, explores many areas of economics and policy. Today, he talks to us about the divide in politics, explaining the need for his book and giving current examples. We explore affective polarization and the rise of polarization generally. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Send us a textThe Great Antidote is on a break from recording new content right now, but please enjoy this rerun of one of our favorites in the meantime. Happy Summer and catch you soon with new content!Scott Winship, resident scholar and the director of poverty studies at the American Enterprise Institute (AEI), joins us this week to discuss the United States' "War on Poverty", the welfare state, and the future of anti-poverty policy.Don't miss Kevin Lavery's Extra on this episode at AdamSmithWorks!Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Send us a textThe Great Antidote is on a break from recording new content right now, but please enjoy this rerun of one of our favorites in the meantime. Happy Summer and catch you soon with new content! William B. Allen, resident scholar and former chief operating officer of the Center for Urban Renewal and Education, talks to us today about the book he recently edited, The State of Black America. He tells us about his upbringing and the current narrative about racism and policy in the United States. Is it a problem? What should we do about it? Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Send us a textEmily Hamilton is a senior research fellow and the director of the Urbanity Project at the Mercatus Center at George Mason University. Today, we talk about the current housing market and the regulations that prevent the building of more affordable, diverse, and abundant types of housing. Hamilton tells us the story of DC and similar areas, where deregulation of housing has begun, explaining the effects. We talk about NIMBY arguments against deregulation, her responses to them, and what deregulation would mean for Americans. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Send us a textThis week is going to be a little different. Today I am excited to share with you a recording of the play Enquiry Concerning Hereafter by Duane Kelly.  (You can also read the script here.)The play is about the friendship between (and deaths of) Adam Smith and David Hume. Enjoy! Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Send us a textThis week is going to be a little different. Today I am excited to share with you a recording of the play Enquiry Concerning Hereafter by Duane Kelly.  (You can also read the script here.)The play is about the friendship between (and deaths of) Adam Smith and David Hume. Enjoy! Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Send us a textSteven 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.Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Send us a textDan Klein is a professor of economics at George Mason University. Today he talks to us about F. A. Hayek’s conception of the Band-Man and our political psychology today. He explains to us that although our modern world looks a lot different from the world in 10,000 BC, that human beings are the same, with similar tendencies and desires. He talks to us about the implications of this idea for politics and the search for meaning in one’s life. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.