EconTalk
Russ Roberts

On the Tolerable Administration of Justice

EconTalk Extra
by Amy Willis

meat and potatoes.jpeg Host Russ Roberts and his guest, Pete Boettke, invited us to dive into the "meat and potatoes" of governance in this week's EconTalk. Their wide-ranging conversation on political conversation covered a lot of ground... So much so I find it really hard to narrow down to just a few questions for your further consideration...

So let's try this...

1. What question(s) would you like to ask Boettke on the general topic of public administration? Are there any particular points on which you disagree with Boettke? What are they, and what's the nature of your disagreement?

2. What does Boettke mean by "public administration," and how does he think our understanding of it affects the way economics is practiced?

3. What does it mean to "sustain the mythology" of the US Constitution? To what extent do you think that's an effective practice, and why? (Related, whose job is it- or should it be- to sustain this mythology?)

4. What are some of the problems with decentralizing government functions? What things might be better handled at the local versus the federal level? (Note: Even Russ admits that not everything benefits from bottom-up solutions...)

5. For me at least, this was perhaps the most significant question raised in this week's conversation, and it's a question I do not know how to answer. How about you? How do we market freedom and economic liberty to people who don't see it helping them very much? (You might read this question as Boettke suggests; how do we get back to the "soul of classical liberalism?"




Podcast episode Peter Boettke on Public Administration, Liberty, and the Proper Role of Government

EconTalk Episode with Pete Boettke
Hosted by Russ Roberts

10%20Laws%20of%20Trust.jpg Peter Boettke of George Mason University talks with EconTalk host Russ Roberts about the proper role of the state in the economy. This is a wide-ranging conversation on political economy. Topics include Adam Smith's view of the state, the tension between the state as enabler of real vs. crony capitalism, the potential for the poor to flourish in a market economy, and the challenges of democracy.

Size:33.4 MB
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Trust is in the Air

EconTalk Extra
by Amy Willis

airline.jpg How can a good manager learn to trust his subordinates? What about his kids? In this week's episode, EconTalk host Russ Roberts sat down with Joel Peterson, who teaches at the Stanford Graduate School of Business and serves as the Chairman of the Board of JetBlue Airways. The two discuss Peterson's "strange career" as well as his new book, The 10 Laws of Trust.

Let's hear what you took away from this week's episode... As always, we love to hear from you!

1. As a traveler, what would you consider to be the most significant innovation in the airline industry? How about as an investor in an airline? To what extent are these two answers the same for you, and why?

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Podcast episode Joel Peterson on Leadership, Betrayal, and the 10 Laws of Trust

EconTalk Episode with Joel Peterson
Hosted by Russ Roberts

10%20Laws%20of%20Trust.jpg How did the CEO of a real estate development company become chairman of an airline? How can a competent manager learn to trust his subordinates? Joel Peterson, Chairman of the Board at JetBlue Airways and author of The 10 Laws of Trust, talks with EconTalk host Russ Roberts about his career at Trammell Crow and JetBlue and how the concept of trust, outlined in his book, has helped his career. He closes the conversation with a discussion of how he overcame his personal weaknesses that would have handicapped his career--or as he puts it, how he "rewrote his operating system."

Size:33.6 MB
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When do secrets expire?

EconTalk Extra
by Amy Willis

secrets.jpgThis week's PG-13 episode has scandal, celebrities, and sex tapes. But according to EconTalk host Russ Roberts, Ryan Holiday's newest book, Conspiracy, is "an extended meditation on power, strategy, patience, [and] revenge..." Holiday tells the story of the demise of the celebrity expose website Gawker after a trial brought by pro wrestler Hulk Hogan, and secretly funded by PayPal founder Peter Thiel. Was it a shoot or a kayfabe? Do all secrets have expiration dates, as Roberts suggests? It's hard to keep track of this complex plot...

What lessons did you draw from this week's conversation? (And did you go out and get the book? Did you read it in a day, like Russ?) As every week, we'd like to hear more from you. Use our prompts and leave your response in the Comments, start your own conversation offline, or drop us a line. Let's keep the conversation flowing.

1. In talking of Gawker's model, Holiday says, "...if you pay people by the page view, you unlock a very powerful mechanism." What does he mean by this, and what does it illustrate about news in the digital age? Is this change an unadulterated good or bad? Why?

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Podcast episode Ryan Holiday on Conspiracy, Gawker, and the Hulk Hogan Trial

EconTalk Episode with Ryan Holiday
Hosted by Russ Roberts

Conspiracy.jpg Author Ryan Holiday discusses his book, Conspiracy, with EconTalk host Russ Roberts. This is a crazy episode about a crazy book about a crazy set of events--the Hulk Hogan lawsuit against the website Gawker, a lawsuit that was secretly funded by Peter Thiel. Holiday explains how this happened and the lessons for all of us related to conspiracies, patience, strategy, and revenge. Along the way, Holiday discusses his techniques for reading and lessons for how to grab someone's attention when looking for a job or opportunity.

Size:35.7 MB
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Mind the Microcosm

EconTalk Extra
by Amy Willis

microcosm.jpg Were you aware that we are living in a miracle? The problem is, according to the guest in this week's episode, is that this miracle is totally unnatural. EconTalk host Russ Roberts welcomes Jonah Goldberg of National Review to discuss his new book, Suicide of the West.

Have we abandoned the "Lockean Revolution?" Is there hope left for civil society in America today? Let's hear what you have to say in response to this week's episode. As always, we love to hear from you!

1. What does Goldberg mean when he says that all authoritarianism is reactionary, and to what extent do you agree with him?

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Podcast episode Jonah Goldberg on The Suicide of the West

EconTalk Episode with Jonah Goldberg
Hosted by Russ Roberts

Suicide%20of%20the%20West.jpg Jonah Goldberg of National Review talks about his latest book, Suicide of the West, with EconTalk host Russ Roberts. Goldberg argues that both capitalism and democracy are at risk in the current contentious political environment. He argues that we take for granted what he calls "the miracle"--the transformation of the standard of living in the democracies with market economies. Goldberg argues that unless we actively work to preserve our political and economic systems, the forces of populism, nationalism, and tribalism will work steadily to destroy them.

Size:40.1 MB
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Measuring Ourselves to Death

EconTalk Extra
by Amy Willis

ed metrics.jpg What is the appropriate relationship between judgments and measurement? Is it not the case that "if it matters, you can measure it?" In this week's episode, EconTalk host Russ Roberts welcomed historian Jerry Muller to talk about his new book, The Tyranny of Metrics.

Now we'd like to hear what you think. Is your work evaluated based on metrics? If so, do you find such evaluation reliable? Are you worried about the reliance on standardized tests at your kids' schools? Is crime over- or under-reported in your area, and how would you know? These are just a few of the issues Roberts and Muller discuss.

1. What is the "tyranny of metrics," according to Muller? Under what circumstances are metrics useful?

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Your Favorite Episodes of 2017

EconTalk Extra
by Russ Roberts

Here are the results of the survey of your favorite episodes of 2017. I want to thank everybody who responded--over 2400 people filled out the survey. You live in 68 different countries, which is an EconTalk survey record. And I also want to tell you how much I enjoyed your feedback and comments, that were at the end of the survey. They inspire me; they make me want to make EconTalk better; and they touch me.

Here are your favorite episodes from 2017. These are the episodes that were mentioned in people's top 5 most frequently.

1. Sam Quinones on Heroin, the Opioid Epidemic, and Dreamland (22% put it in their top 5)

2. Michael Munger on Permissionless Innovation

3. Nassim Nicholas Taleb on Work, Slavery, the Minority Rule and Skin in the Game

4. Benedict Evans on the Future of Cars

5. John McWhorter on the Evolution of Language and Words on the Move

6. Michael Munger on the Basic Income Guarantee

7. Megan McArdle on Internet Shaming and Online Mobs

8. Gary Taubes on the Case Against Sugar

9. Tim Harford on 50 Inventions that Shaped the Modern Economy

10. Don Boudreaux, Michael Munger, and Russ Roberts on Emergent Order

Three episodes that did not quite make this list but that I particularly enjoyed because of what I learned would include:

Robin Feldman on Drug Patents, Generics, and Drug Wars

Elizabeth Pape on Manufacturing and Selling Women's Clothing, and Elizabeth Suzann

Paul Bloom on Empathy

Favorites from past years are here.





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