Constrained discretion is held up as the reigning paradigm for central banks. But no matter how smart or well-intentioned central bankers are, discretionary policy contains information and incentive problems that make macroeconomic stability systematically unlikely.  On this episode of the Hayek Program Podcast, we'll hear a book panel discussion on "Money and the Rule of Law," written by Peter Boettke, Alexander Salter, and Daniel Smith.  Salter presents the book's main argument for general, predictable rules to provide a sturdier foundation for economic growth and prosperity.  He is joined on the panel by David Beckworth, Lawrence White, and Daniel Smith.  The panel is moderated by Peter Boettke.

"Money and the Rule of Law" Book Panel

The Hayek Program Podcast includes audio from lectures, interviews, and discussions of scholars and visitors from the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. The F. A. Hayek Program is devoted to the promotion of teaching and research on the institutional arrangements that are suitable for the support of free and prosperous societies. Implicit in this statement is the presumption that those arrangements are to some extent open to conscious selection, as well as the appreciation that the type of arrangements that are selected within a society can influence significantly the economic, political, and moral character of that society.
The Hayek Program Podcast is partially funded by a grant from the John Templeton Foundation on "Work, Self-governance, and the Challenge of Unsustainable Dependency." The Grant is for a three-year project to explore the themes of work and self-governance as well as the root causes and consequences of the modern shift toward a greater reliance on government efforts to solve collective challenges.

Education

Training

Language Courses

Higher Education

K-12

Educational Technology

Continuing the miniseries on "Living Better Together," we are joined by Anne Hobson and Laura Grube to discuss community resilience.

"Living Better Together" — On Community Resilience

Peter Boettke chats with David Beito on his latest book, "The New Deal’s War on the Bill of Rights: The Untold Story of FDR’s Concentration Camps, Censorship, and Mass Surveillance."

Peter Boettke & David Beito on the New Deal's War on the Bill of Rights

On this episode of the Hayek Program Podcast, we kickoff the Living Better Together miniseries, featuring Bri Wolf and Jayme Lemke on women and the family.

"Living Better Together" — On Women and the Family

On this episode, Jordan interviews Pablo Paniagua Prieto and Veeshan Rayamajhee on their co-authored work, "Governing the Global Fisheries Commons."

Environmental Economics — Governing the Global Fisheries Commons

On this episode, we’ll hear a book panel discussion on Lawrence H. White’s book, "Better Money: Gold, Fiat, or Bitcoin?"

"Money and the Rule of Law" Book Panel

Download our free app to listen on your phone