Jon Hartley and Liz Truss discuss the former UK Prime Minister’s upbringing and her early interest in economics and politics, her pro-growth policy vision for the United Kingdom, her premiership and the 2022 UK gilt crisis, the state of free speech in the UK and the anglosphere, the Starmer Labour government, the role of the UK and its allies in the world amidst the rise of China, and the future direction of politics and the economy in the UK.

Recorded on July 21, 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.

Former submarine commander David Marquet joins EconTalk's Russ Roberts to explore how distancing--thinking like someone else, somewhere else, or sometime else--can unlock better choices in business and life. They talk about leadership without giving orders, how to empower teams, and what it means to see yourself as a coach rather than a boss. Along the way, they discuss Jeff Bezos's leap to start Amazon, Steve Jobs' unique vision, and how a simple mindset shift can transform a struggling crew--or your career. A conversation about thinking clearly under pressure, avoiding regret, and becoming the kind of leader who creates other leaders instead of followers.

Almost every tech platform is designed to grab and hold your attention, to keep you clicking, scrolling, and buying for as long as possible.

Sports gambling has become one of the clearest examples of this. The industry has created frictionless apps on your phone that let you bet on everything from March Madness to a pregame coin toss to who wins a minor league British dart tournament.

While betting has become easier — and arguably fun — the cost of these apps is much higher than the money that is won and lost on them.

Today’s guest is Jonathan D. Cohen, author of Losing Big: America's Reckless Bet on Sports Gambling. He and Sean discuss the rise of sports betting, why the industry targets young men in their advertising, the social costs of frictionless sports gambling, and how the industry could be improved.

Host: Sean Illing (@SeanIlling)

Guest: Jonathan D. Cohen, writer and author of Losing Big: America's Reckless Bet on Sports Gambling

We would love to hear from you. To tell us what we thought of this episode, email us at [email protected] or leave us a voicemail at 1-800-214-5749. Your comments and questions help us make a better show.

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Was Woodrow Wilson a visionary statesman—or a reactionary bigot? Peter Robinson sits down with historian and former SEC Chairman Christopher Cox to discuss his latest book, Woodrow Wilson: The Light Withdrawn, Cox’s meticulously researched biography of the 28th president of the United States.

Together, they explore Wilson’s complicated legacy: his towering achievements as a reformer and wartime leader and his deeply troubling record on race, gender, and civil rights. From his opposition to women’s suffrage and his resegregation of the federal government to his embrace of the film, The Birth of a Nation, Cox reveals how Wilson’s Southern upbringing and elitist worldview shaped both his presidency and progressivism itself. This conversation offers a sobering reappraisal of one of America’s most consequential and controversial leaders—and asks what it means to judge historical figures by the standards of both their time and ours.

In the closing years of the 19th century, scientists began recording strange phenomena – mysterious glowing gas, smudges on photographic plates. Findings like these triggered a process of scientific discovery in the field of nuclear physics that would ultimately lead to unprecedented devastation at the end of the Second World War. Speaking to Matt Elton, Frank Close charts the story of the nuclear age.

(Ad) Frank Close is the author of //Destroyer of Worlds: The Deep History of the Nuclear Age: 1895-1965// (Allen Lane, 2025). Buy it now from Amazon: https://www.amazon.co.uk/Destroyer-Worlds-History-Nuclear-1895-1965/dp/0241700868/?tag=bbchistory045-21&ascsubtag=historyextra-social-histboty.

The HistoryExtra podcast is produced by the team behind BBC History Magazine.

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At the age of twenty-two, Dr Grace Spence Green’s spine was broken at the fourth thoracic vertebra. One day, she was in hospital supporting patients, the next she was fighting for her own life.

As Grace came to understand her new life as a wheelchair user, she also had to reconceptualise how she could be both a doctor and a patient, and her now deeply personal understanding of society’s persistent ableism. She joins Dr Xand van Tulleken to share her journey, from how people’s perception of her post-injury changed dramatically due to ableist mindsets, to how her own experience navigating the medical system as a patient helped her better understand her own patients, to how her patients have in turn helped her in surprising and deeply human reciprocity. Grace shares her own passion for disability advocacy, and calls for us all to change the narrative about disability and ableism.

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Arthur Schopenhauer said, “Talent hits a target no one else can hit. Genius hits a target no one else can see.” Thomas Edison famously claimed, “Genius is 1% inspiration and 99% perspiration.” Helen Lewis has a different take entirely. To her, the term genius licenses noxious eccentricities, exasperating ego trips, and downright bad behavior. Sure, plenty of things qualify as acts of genius — Shakespeare’s sonnets, penicillin — but when we pin the genius badge on a person instead of an achievement, we grant them membership in a supposedly superior class. That, Helen says, is the genius myth. She wants to demolish it and, in its place, tell the real story of how breakthroughs happen and who deserves credit.

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