The Capitalism and Freedom in the Twenty-First Century Podcast

Jon Hartley and Sebastian Edwards discuss Edward’s time at the University of Chicago as a PhD student in the time of Milton Friedman and the Chicago School, Chile’s market reforms and the Chicago Boys (documented in Sebastian’s most recent book, The Chile Project: The Story of the Chicago Boys and the Downfall of Neoliberalism), Javier Milei and Argentina’s prospects of reversal, renewed hope for Venezuela, and whether economic freedom and market reforms have returned.

Recorded on May 7, 2026.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, or subscribe for the next episode, click here.

Jon Hartley and Phil Gramm discuss Graham’s career as an academic economist at Texas A&M, his service in the US House of Representatives and in the US Senate, and his work on the Gramm-Rudman-Hollings and Gramm-Leach-Bliley legislation. Graham also talks about his recent books on the role that economic freedom plays in economic growth, as well as various fallacies surrounding the rise of inequality in the US.

Recorded on April 28, 2026.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, or subscribe for the next episode, click here.

Jon Hartley and Niall Ferguson explore Niall's career, the power of networks in his books The House of Rothschild volume one (1998) and volume two (1999), and The Square and the Tower (2017); the rise and fall of empire in his books Empire (2003) and The Great Degeneration (2013), America’s global role in his book Colossus (2005), and the enduring legacy of Adam Smith on the 250th anniversary of The Wealth of Nations—as well as the Anglosphere, economic growth, and the rise of 21st-century socialism.

Recorded on March 23, 2026.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, or subscribe for the next episode, click here.

Jon Hartley and Stephen Miran discuss Stephen’s new paper on strategies to reduce the Federal Reserve’s balance sheet, the state of inflation and the labor market in the US economy, estimating the neutral rate of interest and the stance of current monetary policy, and how the rise of AI and the public debt may influence monetary policy going forward. 

Recorded on March 26, 2026.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, or subscribe for the next episode, click here.

Jon Hartley and Charles Calomiris discuss banking crises, the Diamond-Dybvig model, deposit insurance, the history of bailouts and public subsidies for banking, the historical comparison of the US and Canada banking systems, quantitative easing and ample reserves banking, stablecoins, non-bank lenders, and Charlie’s magnum opus Fragile By Design.

Recorded on February 27, 2026.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, or subscribe for the next episode, click here.

Jon Hartley and Jim Esposito discuss Jim’s beginnings, his career in senior roles at Goldman Sachs in New York and London, and moving to Miami to run one of the world’s largest broker-dealer and market makers, Citadel Securities. They also discuss the rising role Miami is playing in global capital markets (becoming “Wall Street South”) with Citadel’s moving its headquarters there, ongoing trends in the economy, and the rising role of AI in finance and business.

Recorded on February 27, 2026.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, or subscribe for the next episode, click here.

Jon Hartley and Tevi Troy discuss Tevi’s career as a Presidential historian, serving in a variety of roles in the George W. Bush administration including as White House Domestic Policy Council Deputy Director and as Deputy Secretary of Health and Human Services, as well as Tevi’s new book The Power and the Money: The Epic Clashes Between American Titans of Industry and Commanders in Chief.

Recorded on December 25, 2025.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, or subscribe for the next episode, click here.

Jon Hartley and Andrew Ross Sorkin discuss Andrew’s career as a journalist, Andrew’s recent book 1929 and how the events between the 1929 Wall Street crash and 1933 reshaped banking and financial regulation, comparisons with the 2008 global financial crisis (chronicled in Andrew’s first book Too Big To Fail), and the policy lessons that have been learned from both events.

Recorded on January 9, 2026.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, or subscribe for the next episode, click here.

Jon Hartley and Luis Garicano discuss Luis’s career, including his time as a Member of the European Parliament (MEP) from 2019 to 2022, his research on firms, Europe’s struggles with innovation and regulation, and the future of the euro.

Recorded on December 22, 2025.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, or subscribe for the next episode, click here.

Jon Hartley and Matteo Maggiori discuss Matteo’s career on going from trading at JP Morgan to becoming an academic economist, the rise of China’s economy, geoeconomics and sanctions power, measuring international economic data, exchange rates, as well as beliefs and portfolios.

Recorded on December 2, 2025.

ABOUT THE SERIES

Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics.

For more information about the podcast, or subscribe for the next episode, click here.