The F.A. Hayek Program for Advanced Study in PPE at @mercatus encourages research on the institutional arrangements that support free & prosperous societies.
Introducing the first episode of our new series: The Hayekian Triangle 🔺
On this episode, our hosts, @vstorr, @ccoyne1, and @PeterBoettke explore the continuing relevance of Adam Smith's Wealth of Nations.
Together, they dig into what Smith actually said, why the standard takes on laissez-faire and self-interest so often miss the mark, and what a Scottish moral philosopher writing in 1776 still has to teach us about wealth, poverty, and the institutions that make human flourishing possible.
🎧 Tune in to the Hayek Program Podcast: https://t.co/ealpQd4Z4o
Don't miss the first episode of The Hayekian Triangle: The Wealth of Nations at 250.
@vstorr, @ccoyne1, and @PeterBoettke mark 250 years of The Wealth of Nations by highlighting the freedom potential of Smith's project — including his fierce, often forgotten opposition to slavery.
🔗 https://t.co/ealpQd4Z4o
On this episode, @KristenRoseC speaks with Glory Liu about the 250th anniversary of both Adam Smith’s The Wealth of Nations and the Declaration of Independence. Together, they unpack Smith's work as a critique of Britain's mercantile system and explore how reception history reveals the influence of ideas.
🎧 Tune in to Virtual Sentiments
https://t.co/ZMbkAtushc
The Mercatus Staff Unconference gathers staff from all parts of the world to our home base in Arlington, VA. This year, the theme was American Road Trip.
Staff attend sessions led by colleagues, discussing topics such as resilience, classical liberalism, and their role in our mission, as well as in society today.
📷 Chris Williams, Zoeica Images
Earlier today my co author Scott King and I submitted the final revised manuscript of our Hayek: A Very Short Introduction to Oxford. But when I share this book in the future I will also recommend to students and scholars this amazing and comprehensive bibliography of Hayek’s work.
The Economic Podcast for Gen Z invited @JordanLofthouse to discuss his new book, "An Economist's Guide to Environmentalism."
They talk about the tragedy of the commons, Elinor Ostrom, and what economics can contribute to debates surrounding environmentalism. https://t.co/znkeKVBfmp
PSA — liberalism was born in an effort to overcome religious wars; its was sharpened in its opposition to mercantilism and colonialism; and it developed in its opposition to slavery and call for abolitionism; and its critique of military adventurism and aspiration of peaceful social cooperation … strangers nowhere in this world & perpetual peace.
Today, having just completed her PhD with dissertation research on Sundown Towns, examining how historical exclusion shaped long-term economic trajectories, Olivia credits the Bastiat Fellowship, particularly its research sequences, with helping her discover what kind of scholar she wanted to be.
Bastiat Alum Olivia Galloway shares her Mercatus Fellowship Story. https://t.co/jH1DqeFL11
Applications due tomorrow for the Fall 2026 Undergraduate Scholars Program or the 2026-2027 Graduate Scholars Program! #EconomicsWithAttitude
These competitive programs are open to George Mason University students of all disciplines who are interested in political economy. Throughout the program term, fellows read foundational and contemporary works in political economy and participate in regular discussion with other fellows, Mason faculty, and Hayek Program Scholars.
Apply now!
🔗 https://t.co/80PBI8UVoO
"From the invisible hand to the division of labor, Smith's ideas have become so embedded in how we think about markets and society that it's easy to forget just how radical they originally were."
After 250 years, why still read Adam Smith?
Kenneth Boulding answers this precise question in his article, "After Samuelson, Who Needs Adam Smith?" He argues that Smith is not just a historical figure, but part of our extended present. The questions Smith raised about development, institutions, jurisprudence, and the moral foundations of markets are still live questions.
As Boulding notes: "One can still go back to Adam Smith even after many rereadings and find insights which one has never noticed before and which may have a marked impact on one's own thought. [...] The principle seems to me pretty clear that as long as intellectual evolutionary potential remains yet undeveloped in the early writers, the modern writers are a complement rather than a substitute; that is, we need both Samuelson and Adam Smith."
For more on this topic, check out:
🔗 Kenneth Boulding's article, "After Samuelson, Who Needs Adam Smith?" https://t.co/cQ9NIxzxUv
🔗 @PeterBoettke's article, "Kenneth Boulding as an enchanting, encouraging and engaging professor" https://t.co/RokfflmvCa
Great to see this book on Austrian Economics by Chris Coyne and Abby Hall published by Polity. It is a superbly clear introduction - and if people read it we may not have quite so many crazy takes on here about what 'Austrians' say - from supporters and critics alike: https://t.co/q61P4zEcHv
If you have an aspiring economist or political economists in your family or broader friends network, please steer them to our programs at GMU (BA/BS; MA; PhD). We would love to have them join the conversation on the liberal principles of political economy and justice. DM for info
On this episode, Mario Rizzo delivers a lecture exploring rationality after behavioral economics.
🎧 Tune in to the Hayek Program Podcast https://t.co/iy2OVTDGaa