Hayek Program

What makes you a classical liberal? Share your answer in the comments below.👇

📚 Want unfiltered insights from the minds shaping economic thought? Our scholars are writing on Substack, where big ideas meet real-world applications. Check out all their Substacks in one place: mercatus.org/substack

AI can’t replace free markets. Algorithms process data from the past while economic decisions are dynamic and forward-looking, write @Marian_L_Tupy and @PeterBoettke on.wsj.com/4m7CxdQ

Can imagination dismantle militarism? @NovakMikayla tracks how peace entrepreneurs challenged state violence by reshaping public perceptions of diplomacy and trade. loom.ly/hlJvOMk

AI can’t replace free markets. Algorithms process data from the past while economic decisions are dynamic and forward-looking, write @Marian_L_Tupy and @PeterBoettke on.wsj.com/4nYvKof

A terrific piece. I would add, even if AI develops 'creative thinking' capacities this would not support a case for AI socialism. It would imply having competition between different AIs to mimic the competition between the imaginations of entrepreneurs in 'human centred' markets.

Excellent oped by @PeterBoettke and @Marian_L_Tupy on the difference optimization by AI and prosperity through markets.

Episode number 500 is happening this week on @Macro_Musings. Today's newsletter is on this milestone and includes a NGDP targeting mug giveaway contest. macroeconomicpolicynexus.substack.com/p/macro-musing…

What remains of liberty when the state defines who we are? @NovakMikayla reminds libertarians: if liberty means anything, it means the ability to live and express oneself free from coercion. loom.ly/-n1Up-8

Does rational choice theory truly capture human behavior? In "Conversations on Rational Choice," @cherfeld gathers leading voices across multiple disciplines to debate its power & limitations. Available this September! loom.ly/_Z1BSWI

Why do democratic leaders double down on failing wars? @ccoyne1 and John Temming explore how reputational incentives and the ability to shift costs encourage the over-production of war. loom.ly/ZkiWCcI

How does the shadow of war shape our borders? On the latest episode of the Hayek Program Podcast, @NathanPGoodman and @Abigail_R_Hall reveal how military tools & tactics used abroad are repurposed for domestic border enforcement. loom.ly/R6ALfks

Is there such a thing as a just war? 🕊️ @ccoyne1 and @Abigail_R_Hall argue that even if just wars are possible in theory, institutional incentives and hidden costs make them nearly impossible in practice—warranting a presumption in favor of pacifism. loom.ly/jrCSIWE

Is participatory democracy possible in a world governed by bureaucrats? 🏛️ Following Don Lavoie's democratic openness criterion, @NovakMikayla argues that watchdog civil society entities can restrain predatory governments. loom.ly/v-ZWfqg

Child labor did not begin during the Industrial Revolution. Children had always worked. In fact, it was the wealth created by industrialization that finally allowed children to leave labor behind. Learn more in our podcast with Don Boudreaux: humanprogress.org/donald-boudrea…

My first time on the Hayek Podcast with the one and only Peter Boettke, speaking about Foucault and Liberal Political Economy. Hope you enjoy as much as I did: tinyurl.com/ybek26ad

What can liberals learn from Foucault?💡 @PeterBoettke sits down with @Kaleidicworld to explore his new book, which argues that Foucault’s insights can enrich liberalism’s understanding of power and self-creation. loom.ly/WxB9Cf4

Volume 38, Issue 2 | The Review of Austrian Economics link.springer.com/journal/11138/…

Mises the Mengerian? @AndrQuintas5 and Erwin Dekker argue that key elements of Mises’ early work depart from an axiomatic view of rationality and instead align more closely with the evolutionary tradition of earlier Austrians. loom.ly/YNr4ix0

excited to launch my new philosophy podcast, Working Definition! episodes available via 'the ends don't justify the means' (link in next tweet), as well as Apple, Spotify, YouTube..

Call for Papers Don Lavoie’s Enduring Scholarly Legacy Guest editor: @NathanPGoodman cosmosandtaxis.org/submissions/ca… #DonLavoie #CosmosandTaxis #ClassicalLiberalism