
The Great Antidote
Adam Smith said, "Science is the great antidote to the poison of enthusiasm and superstition." So join us for interviews with the leading experts on today's biggest issues to learn more about economics, policy, and much more.
Latest episodes

Jun 23, 2023 • 49min
Christine McDaniel on Trade: A Tale of Two Presidents
Send us a textChristine McDaniel is a senior research fellow at the Mercatus Center at George Mason University with a focus on international trade and globalization. Today we talk about the different trade actions undertaken by recent presidents and what that means for the American public. We discuss tariffs, NAFTA, the WTO, and more. McDaniel also lays out the different trade relationships between the US and various geographic regions and countries. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

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Jun 16, 2023 • 45min
David Henderson on Economists’ Nobels, Obituaries, and More
Send us a textDavid Henderson is a research fellow at Stanford University’s Hoover Institution and the editor of the Concise Encyclopedia of Economics. He is also an emeritus professor of economics with the naval postgraduate school. He is the Wall Street Journal’s go-to writer for pieces on Nobel prizes and deaths in economics, which we talk about today, exploring a list of favorites. He tells us of their contributions to the field and some stories. Want to explore more?Brennan Beausir's Great Antidote Extra on this episode.David Henderson on the Essential UCLA School of Economics, an EconTalk podcast.David Henderson on Disagreeable Economists, an EconTalk podcast.Alexander Salter, Universal Economics: Necessary Reading for the Well-Trained Economist, at Econlib.Browse Henderson's entire collection of EconLog posts.Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Jun 9, 2023 • 48min
John Cochrane on Monetary Versus Fiscal Policy
Send us a textJohn Cochrane is a renowned economist and senior fellow at the Hoover Institution at Stanford University. He writes a popular blog called The Grumpy Economist. He is also a former professor of economics and finance at the University of Chicago. He is the author of a recent book called The Fiscal Theory of the Price Level. Today we talk about the monetary and fiscal theories of the price level, or inflation, discussing what inflation is, how it’s caused, and how to fix it. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Jun 2, 2023 • 45min
Brian Hooks on Believe in People
Send us a textBrian Hooks is the CEO and chairman of Stand Together, the president of the Charles Koch Foundation, and the co-author of Believe in People: Bottom-up Solutions for a Top-Down World. Today, we talk about the principles that guide Stand Together and the work that Stand Together does. He talks to us about how and why Stand Together is different from other philanthropic organizations, giving us the success story of one of their partners, The Phoenix, a drug rehabilitation organization. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

May 26, 2023 • 53min
Emily Chamlee-Wright on the Liberal Sensibility
Send us a textEmily Chamlee-Wright is the president and CEO of IHS, the Institute for Humane Studies. Today we talk about the liberal sensibility, what it is and what happened to it. She explains to us the four corners of the liberal project and why they are important to a liberal society such as ours. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

May 19, 2023 • 51min
Marian Tupy on Superabundance
Send us a textMarian Tupy is a senior fellow at the Cato Institute and the coauthor of two books: Ten Global Trends Every Smart Person Should Know, with Ron Bailey, and Superabundance, with Gale Pooley. Today we talk about Superabundance to address the doom and gloom, often environmentalist concerns about overpopulation. He talks to us about his research that shows why this is not the case, and explains what factors contribute to a state of superabundance. Also, check out Human Progress, edited by Tupy, which is an innovative and successful version of the Good News Network, which relates to part of our later conversation about the relationship between media and superabundance. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

May 12, 2023 • 43min
Yesim Sayin on the DC Life and Policy
Send us a textYesim Sayin is the executive director and the founder of the DC Policy Center, a non-partisan, independent think tank that produces research and analyses on the local economy, workforce, education, housing, and other policy issues in the District of Columbia. She talks to us about what makes DC unique compared to other cities, and how that makes the DC Policy Center unique as a think tank. We also talk about DC-specific policy issues and what we can learn from the center. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

May 5, 2023 • 44min
Stephanie Slade on Fusionism
Send us a textStephanie Slade is a senior editor at Reason, the magazine of "free minds and free markets" and a fellow in liberal studies at the Acton Institute. Today we talk about fusionism, the fusion of freedom and virtue. We talk about the necessary relationship between seemingly contradictory ideals and the importance of civil society. She explains to us the history of fusionism and the need for it in today’s current political environment. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Apr 28, 2023 • 51min
Samuel Gregg on The Next American Economy
Send us a textDr. Samuel Gregg is a distinguished fellow in political economy and senior research faculty at the American Institute for Economic Research. He recently wrote a book called The Next American Economy: Nation, State, and Markets in an Uncertain World. We talk about the current consensus about the American economy and how it’s changed over time. He explains to us the renewal of enthusiasm for industrial policy, and what classical liberals can do to better the defense of free markets. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Apr 21, 2023 • 50min
Scott Lincicome on the New American Worker
Send us a textScott Lincicome is the vice president of general economics and trade at the Cato Institute. He recently coauthored and edited Empowering the New American Worker: Market Based Solutions for Today’s Workforce, which we talk about today. In light of “Buy America” and continuous calls for bettering the position of the American worker, what really is the state of the American worker today? Who is the American worker? Lincicome answers these questions and more as we explore policy areas that hinder workers when they were intended to help. Support the showNever miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.
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