Russ Roberts

Adam Smith Podcast Episodes and Extras

Category Archive with 18 podcast episodes and extras
 

Ugly Emergence

EconTalk Extra
by Amy Willis

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EconTalk host Russ Roberts welcomes back favorite guest Michael Munger of Duke University for a complex discussion of slavery and the evolution of racial attitudes in the 19th century American South. Munger argues that white Southerners evolved over time as a way of rationalizing an increasingly unattractive institution. How did white Southerners' attitudes change over time? And how are we to feel about emergent orders with ugly consequences?

As I mentioned earlier this week over at EconLog, this episode is a tough listen. But I learned a lot, and it's really made me think. How about you? As always, we love to hear from you. Please share your thoughts with us in the Comments.

1. There's a lot of discussion of the role of incentives in perpetuating slavery. Roberts argues that incentives are not destiny. What does he mean? Don't economists believe that incentives explain behavior? To what extent do the financial incentives of slavery contribute to our understanding?

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CATEGORIES: Adam Smith , Extras



Podcast episode Vernon Smith and James Otteson on Adam Smith

EconTalk Episode with Vernon Smith and James Otteson
Hosted by Russ Roberts

Vernon Smith and James Otteson talk with EconTalk host Russ Roberts about Adam Smith in front of a live audience at Ball State University. Topics discussed include Smith's view of human nature, the relevance of Smith for philosophy and economics today, and the connection between Smith's two books, The Theory of Moral Sentiments and The Wealth of Nations.

Video for this special edition of EconTalk, "Will the Real Adam Smith Please Stand Up?" is available below the fold and at Youtube.

Size:29.7 MB
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Join our streaming broadcast direct from Ball State University, 5:00-6:30 pm (EST) Wednesday, March 11th! The event will feature a conversation between Russ Roberts, host of EconTalk, James Otteson of Wake Forest University, and Nobel Laureate Vernon Smith of Chapman University, discussing the relevance of Adam Smith for the 21st century.

Please note: We recommend utilizing Firefox for best viewing of the stream.

We will also be releasing audio and video as a regular EconTalk episode in a few weeks.

Addendum: The audio and video are now available at http://www.econtalk.org/archives/2015/04/vernon_smith_an.html

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CATEGORIES: Adam Smith , Extras



This week's EconTalk episode with Vernon Smith helped me understand something that has been bothering me for a long time.

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CATEGORIES: Adam Smith , Extras



Nobel laureate Vernon Smith joins EconTalk host Russ Roberts this week on EconTalk to discuss Adam Smith's approach to economics and human behavior.

And now we'd like to hear from you...Use the prompts below to share your reactions to this week's conversation in the comments. Or use them to start your own face-to-face conversations, and let us know how it goes.

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Podcast episode Vernon Smith on Adam Smith and the Human Enterprise

EconTalk Episode with Vernon Smith
Hosted by Russ Roberts

Nobel Laureate Vernon L. Smith of Chapman University talks to EconTalk host Russ Roberts about how Adam Smith's book, The Theory of Moral Sentiments has enriched his understanding of human behavior. He contrasts Adam Smith's vision in Sentiments with the traditional neoclassical models of choice and applies Smith's insights to explain unexpected experimental results from the laboratory.

Size:31.2 MB
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There's a new sheriff in town!This week, there was a new sheriff in town! Russ Roberts was the guest in this week's episode, while EconTalk fave Mike Munger stood in as interviewer. The subject was Roberts's new book, How Adam Smith Can Change Your Life. Whether your life changes have already happened or are still pending, we want to hear from you.

Use the prompts below to share your thoughts in the comments, use them as a classroom assignment, or use them to spark conversation at a cocktail party. But do let us know your thoughts; we love to hear from you.

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CATEGORIES: Adam Smith , Books , Extras



Podcast episode Russ Roberts and Mike Munger on How Adam Smith Can Change Your Life

EconTalk Episode with Russ Roberts
Hosted by Russ Roberts

EconTalk host Russ Roberts is interviewed by long-time EconTalk guest Michael Munger about Russ's new book, How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness. Topics discussed include how economists view human motivation and consumer behavior, the role of conscience and self-interest in acts of kindness, and the costs and benefits of judging others. The conversation closes with a discussion of how Smith can help us understand villains in movies.

Size:29.5 MB
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Podcast episode Otteson on Adam Smith

EconTalk Episode with James Otteson
Hosted by Russ Roberts

James Otteson of Yeshiva University talks with EconTalk host Russ Roberts about Adam Smith. The conversation begins with a brief sketch of David Hume and his influence on Smith and then turns to the so-called Adam Smith problem--the author of The Wealth of Nations appears to have a different take on human nature than the author of The Theory of Moral Sentiments. Smith worked on both books throughout his life, yet their perspectives seem so different. Otteson argues that the books focus on social behavior and the institutions that sustain that behavior--market transactions in The Wealth of Nations and moral behavior in The Theory of Moral Sentiments. Both books use the idea of emergent order to explain the evolution of both kinds of social behavior and social institutions. The conversation concludes with a discussion of what Smith got right and wrong.

Size: 32.7 MB
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Podcast episode Phillipson on Adam Smith

EconTalk Episode with Nicholas Phillipson
Hosted by Russ Roberts

Nicholas Phillipson, author of Adam Smith: An Enlightened Life, talks to EconTalk host Russ Roberts about the life of Adam Smith. Drawing on his recent biography of Smith, Phillipson discusses his intellectual roots, his intellectual journey, and what we know of his influences and achievements. Phillipson argues that Smith was shy, ambitious and very well-liked. He highlights the influence of Francis Hutcheson and David Hume on Smith's thinking. Phillipson gives his take on how the ideas of The Theory of Moral Sentiments mesh with The Wealth of Nations and argues that the Theory of Moral Sentiments was a response to Mandeville and Rousseau.

Size: 32.5 MB
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Podcast episode Roberts on Smith, Ricardo, and Trade

EconTalk Episode with Russ Roberts
Hosted by Russ Roberts

Russ Roberts, host of EconTalk, does a monologue this week on the economics of trade and specialization. Economists have focused on David Ricardo's idea of comparative advantage as the source of specialization and wealth creation from trade. Drawing on Adam Smith and the work of James Buchanan, Yong Yoon, and Paul Romer, Roberts argues that we've neglected the role of the size of the market in creating incentives for specialization and wealth creation via trade. Simply put, the more people we trade with, the greater the opportunity to specialize and innovate, even when people are identical. The Ricardian insight masks the power of market size in driving innovation and the transformation of our standard of living over the last few centuries in the developed world.

Size: 28.6 MB
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This is the sixth and concluding podcast in the EconTalk Book Club discussion of The Theory of Moral Sentiments by Adam Smith. In this episode, Dan Klein of George Mason University and EconTalk host Russ Roberts discuss Parts VI and VII of the book. They close by putting the book in context.

Size: 44.3 MB
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This is the fifth podcast in the EconTalk Book Club discussion of The Theory of Moral Sentiments by Adam Smith. In this episode, Dan Klein of George Mason University and EconTalk host Russ Roberts finish discussing Part III and discuss Parts IV and V of the book.

Size: 41.5 MB
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Podcast episode Klein on The Theory of Moral Sentiments, Episode 4--A Discussion of Part III

EconTalk Episode with Daniel Klein
Hosted by Russ Roberts

This is the fourth podcast in the EconTalk Book Club discussion of The Theory of Moral Sentiments by Adam Smith. In this episode, Dan Klein of George Mason University and EconTalk host Russ Roberts discuss Part III of the book.

Size: 43.2 MB
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Podcast episode Klein on The Theory of Moral Sentiments, Episode 3--A Discussion of Part II

EconTalk Episode with Daniel Klein
Hosted by Russ Roberts

This is the third podcast in the EconTalk Book Club discussion of The Theory of Moral Sentiments by Adam Smith. In this episode, Dan Klein of George Mason University and EconTalk host Russ Roberts discuss Part II of the book.

Size: 28.7 MB
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Podcast episode Klein on The Theory of Moral Sentiments, Episode 2--A Discussion of Part I

EconTalk Episode with Daniel Klein
Hosted by Russ Roberts

This is the second podcast in the EconTalk Book Club discussion of The Theory of Moral Sentiments by Adam Smith. In this episode, Dan Klein of George Mason University and EconTalk host Russ Roberts discuss Part I of the book.

Size: 40.9 MB
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Podcast episode Klein on The Theory of Moral Sentiments, Episode 1--An Overview

EconTalk Episode with Daniel Klein
Hosted by Russ Roberts

Dan Klein, of George Mason University, talks with EconTalk host Russ Roberts about Adam Smith's lesser-known masterpiece, The Theory of Moral Sentiments, on the 250th anniversary of its initial publication. Klein highlights key passages and concepts of the book including its relation to The Wealth of Nations, Smith's willingness to accept "vague, loose, and indeterminate" rules rather than precise ones, Smith's criteria for assessing what is moral and what is not, and Smith's conception of justice.

This podcast is part of the EconTalk Book Club on The Theory of Moral Sentiments. It will be followed by four bonus podcasts in the coming weeks going through the book systematically. Interested listeners who wish to do the reading in advance can find the schedule along with more background on the book on the EconTalk book club page, accessible from the EconTalk home page.

Size: 38.3 MB
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Podcast episode An Interview with Gary Becker

EconTalk Episode with Gary Becker
Hosted by Russ Roberts

Russ Roberts interviews Gary Becker on the challenges of being an intellectual maverick, the economic approach to human behavior, the influences of Adam Smith and Alfred Marshall on Becker's work and Becker's optimism for the future of economics.

Size: 6.9 MB
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