On this episode of the Hayek Program Podcast, we'll hear part one of Peter Boettke's interview with David Levy and Sandra Peart on their latest book, "Towards an Economics of Natural Equals."  In it, Levy and Peart engage with how the Virginia School's economics of natural equals makes consent critical for policy.  The trio addresses the lasting legacy of the Virginia School of Political Economy, asking how economics can recover its political economy roots and prioritize the discussion that makes intelligence in democratic action possible.  In addition, they investigate the two ways of doing economics described by James Buchanan and examine the influence of Frank Knight on the Virginia School.

CC Music: Twisterium.

Towards an Economics of Natural Equals, Pt. 1 — Peter Boettke, David Levy, & Sandra Peart

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.

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