Today we have a special bonus episode for you, giving you a look inside the Mercatus Center’s newest project. Those of you who have followed our work over the past year or so may have noticed an increased attention to the idea of policy moonshots: high-risk, high-reward efforts aimed at dramatically improving the world.

Today, we’re taking our own advice. This fall, the Mercatus Center will launch “Emergent Ventures,” an incubator designed to fund and support dynamic and promising ideas with the potential to improve society.

To talk more about Emergent Ventures, we have a special guest, Tyler Cowen.

Tyler is the General Director of the Mercatus Center, and the Holbert Harris Chair of Economics at George Mason University. He is the coauthor of the popular economics blog Marginal Revolution, cofounder of the online educational platform Marginal Revolution University, and host of the podcast Conversations with Tyler.

To learn more about the project, check out Emergent Ventures.

Follow Chad on Twitter @ChadMReese.