Most people tune out when academics speak in terms of regression analysis and ?agent-based modeling.? Nonetheless, we want to understand the long-term economic trends that these methods seek to illuminate in order to plan for the future. Don Boudreaux is a master of making complex economic ideas comprehensible to the layperson. He provides this service free of charge every day for the thousands of visitors to his blog, Cafe Hayek (currently down due to a malicious hacking attack). Boudreaux?s short but powerful letters to the editor are the stuff of any libertarian?s dreams ? the equivalent of a Total Knock Out in boxing. The larger battle for economic freedom is not fought solely in public discussion forums like the WSJ editorial page ? it?s being waged in academic journals and in the academic marketplace of ideas. Boudreaux recently edited the Fraser Institute?s *What America?s Decline in Economic Freedom Means for Entrepreneurship and Prosperity,* a volume of five essays, each thick with research that Don discusses with Bob and his audience. Find out whether it?s too late for America to change course.

Libertarian Radio - Best of The Bob Zadek Show

Don Boudreaux on Entrepreneurship, Economic Freedom & Prosperity

Bob does a regular show with a very special guest ? a walking embodiment of the libertarian ethos: David Boaz. Since joining the Cato Institute in 1981, Boaz has been pivotal in transforming the once-obscure think tank into a powerhouse ? setting the gold standard for libertarian public policy analysis. More than 15 years ago, at a time when far fewer people had even heard of libertarianism, Boaz wrote and edited a volume titled Libertarianism: A Primer. Today, most voters know the contours of what a libertarian is, but a majority still do not identify along said lines. Clearly, given the iron-clad moral and logical reasoning behind libertarian ideas, the message clearly has not gotten far enough. But we may be near a tipping point if Boaz is correct about the "Libertarian Moment," to which he synced the arrival of his revised version of his Primer, The Libertarian Mind: A Manifesto for Freedom. Tune in for the full hour, this Sunday at 9am Pacific to hear Boaz's evidence that the iron is now hot for the movement to strike with bold free-market solutions.

David Boaz on The Libertarian Mind

This week, instead of the usual encore show, we will be airing a remix of the best segments from previous shows on the topic of illegal immigration. This subject is so dear to Bob's heart (and mind) that he has been compelled to revisit it half a dozen times, and he will continue to do so for as long as it remains an issue. Bob's stance on immigration: Let them all in.In defending this position, he has interviewed former two-term Governor and Libertarian presidential candidate Gary Johnson, Cato Institute immigration expert Alex Nowrasteh, Huffington Post reporter Elise Foley, and Sophia Campos, an aspiring professional and undocumented student at UCLA. This one-hour special will include select segments from each of these interviews, along with lively debate between Bob and his numerous callers. Few subjects elicit such strong emotions from across the spectrum as illegal immigration. This is all the more reason to learn the facts and get answers to the questions you've always been too afraid to ask. Are open borders compatible with a welfare state? Why are our border regions so violent? Are the most recent waves of immigrants assimilating like past generations of newcomers to the United States? Find out, this Sunday at the usual time. 

Focus on Immigration: Gary Johnson, Alex Nowrasteh, Elise Foley & More

?Be nice? may be excellent advice for children on the playground, customer service workers, and indeed, for most people in most situations. Being nice, however, does not always advance what Jonathan Rauch calls "the liberal science" ? the ongoing process of public criticism that gradually brings us closer to the truth. Thanks to robust rights to free thought and expression, new ideas have been able to overturn ancient dogmas and superstitions. As a long-time editor of The Atlantic and scholar at the Brookings Institution, Rauch?s own writings and opinions have been forged in the crucible of free public debate, and he thinks all knowledge claims should be subject to this same process ? even if it sometimes leads to "psychic harm," i.e., hurt feelings. The recent massacre in France is just one more in a long line of assaults on free expression. But the greater danger, described in Rauch?s book The Kindly Inquisitors: New Attacks on Free Thought, is not necessarily violent fundamentalism, but the failure by some to condemn such attacks out of a "humanitarian" sympathy with those offended. The book was republished in late 2013 with a new foreword by George F. Will, and is now more relevant than ever. Rauch will join Bob as he returns to the subject of our increasing sensitivity to criticism and our desire for freedom *from* speech.

Jonathan Rauch on the New Attacks on Free Thought

As a class, ?capitalists? tend to get stereotyped in the starkest of terms. They are heroes to some and villains to others; the captains of industry or the robber barons of old. Rarely do we actually get to hear a successful capitalist explain what his work is about. As former Chairman and CEO of BB&T and current CEO and President of the Cato Institute, John Allison is both a capitalist and defender of capitalism par excellence. In his last book, Allison shed light on the financial crisis, and how phony ?crony capitalism? broke the system in 2007-2008. His latest message may be even more important. In his newest book, The Leadership Crisis and the Free Market Cure, Allison combines equal parts moral philosophy, personal confession, and business advice. It is his goal to help others achieve their own version of Aristotle?s ?Eudaimonia,? or the Good Life, through hard work. He will join Bob to explain how his 10 core values translate into business and personal success, and to lay out his continued vision for the Cato Institute?s success, measured as political impact rather than dollar profits.  Subscribe in iTunesGet Weekly Emails

John Allison on the Leadership Crisis and the Free Market Cure

The Citizens United case, in which the Supreme Court affirmed speech rights for corporate ?persons,? was alleged by some to herald the end of democracy ?of the people, by the people, and for the people.? But are corporate interests really able to purchase politicians and their votes? Perhaps more importantly, is there any evidence that ?bought? politicians stay bought? Michael Munger, Director of Duke University?s interdisciplinary Philosophy, Politics, and Economics program, studies how political favors are exchanged between actors in government and the private sector. Munger has no doubt that money can influence policy in wasteful or destructive ways, but he sees something other than campaign finance as the culprit. In a recent New York Times article on the role of money in politics, Munger was quoted talking about the deals that take place after the election, behind closed doors ? a phenomenon known as ?rent-seeking.? Bob is joined by Professor Munger, a  frequent EconTalk guest and former candidate for Governor of North Carolina, to peek into the dirty dens of politics and see how deals really get made.

Who Wants to Buy a Politician? With Mike Munger

Sixteen years ago, Virginia Postrel published The Future and Its Enemies, a manifesto for her personal philosophy of "dynamism." Dynamists like Postrel favor the spontaneous, evolving forces of free markets over the "stasist" philosophy common to reactionary conservatives and government technocrats. Even more than left versus right, Postrel argues, politics is a battle of the "stasists" versus the "dynamists." Nowhere is this seen more clearly than in the debate over compensation for kidney donors. Postrel, the editor of Reason during most of the 1990s, is a spokesperson for a new charity, the American Living Organ Donor Fund (ALODF). She also once donated a kidney to a friend in need. But many people with failing kidneys are not as lucky as the beneficiary of Postrel's altruism. Markets and financial incentives could save the lives of thousands of wait-listed patients on dialysis, but the National Kidney Foundation has resisted even marginal reforms at every turn. Postrel will join the show to reflect on her manifesto and its relation to this vital issue.Update: Charitable.com giving campaign to raise money for compensating organ donors.

Virginia Postrel on Stasis vs. Dynamism

Lenore Skenazy first made waves after writing a column about how she let her nine-year-old son ride the New York City subway home alone. This was followed by a public outcry, including the accusation of "World's Worst Mom," which led Lenore to defend her position on TV programs like The View, The Today Show, and Anderson Cooper 360. Skenazy eventually repurposed her accusers' label for a TV reality series titled, "World's Worst Mom," in which she helped to keep "helicopter parents" from hovering so close to their children. What has changed in America? Parents no longer send kids out to play in their neighborhoods. Strangers are presumed guilty until proven innocent. Even halloween candy is viewed suspiciously (despite no reports of any kid poisonings, ever). Lenore Skenazy believes this is no way for a free society to operate. Not only is it dreary, but it might be completely unnecessary. Perhaps it's time we looked at the numbers and broke down the risks, as Lenore does in her book, "Free Range Kids." Whether you have kids or not, you'll want to hear Bob and Lenore discussing the real threat to life and liberty ? our own paranoia.

Lenore Skenazy: World's Worst Mom

Since the initial waves of political correctness and subsequent censorship swept across college campuses in the 1990s, many cases have been fought and won in favor of free speech. The overturning of unconstitutional speech codes, for example, seemed to herald a new era for individual rights in higher education. These victories resulted in no small measure from the tireless efforts of FIRE ? the Foundation for Individual Rights in Education. Yet the battle is hardly over. Bob's guest tomorrow will be Greg Lukianoff, President of FIRE. As Greg explains in his new broadside, "Freedom From Speech," there are several new threats to free speech brewing. Colleges are beginning to include ?trigger warnings? on standard humanities curricula. Controversial commencement speakers are being subject to "disinvitation campaigns," and a general culture of outrage is preventing a robust debate. This "chilling effect" can be observed both in academia and, increasingly, in society at large. Greg joins the show to discuss the latest challenges to free speech, and to look at the special role played by our universities in creating this stifling environment. They also examine the new "affirmative consent" laws, such as the one recently passed in California, and the dangers they pose to due process. The Shadow University by Alan Charles Kors and Harvey Silverglate

Freedom *From* Speech? The New Face of Censorship

Following the Great Recession of 2007-2008, regulators jumped at the opportunity to "remedy" (i.e., regulate) perceived market failures in credit markets. Although government-sponsored enterprises like Fannie Mae were responsible for many of the bad loans that created the crisis, politicians alleged it was the free market and payday lending that needed to be reined in. The 2011 Dodd-Frank Act increased regulators' responsibilities, and even gave rise to a new agency ? the Consumer Financial Protection Bureau. As the first appointee of the agency's "Consumer Advisory Board," Elizabeth Warren became known as a savior of sorts for victims of so-called "predatory lending." But do these laws, bureaus, and advisory boards protect or harm consumers? In this episode, Bob's guest is George Mason University Law School professor Todd Zywicki, one of Warren's most knowledgeable and outspoken critics. Zywicki and his co-authors recently finished a detailed study on this topic, "Consumer Credit and the American Economy." Listen to learn how the public has been misled about the costs, benefits, uses, and abuses of consumer debt. ----Update [10/19/14]: Todd Zywicki writes a post at the Volokh Conspiracy blog about the NYT Editorial on capping interest rates on consumer credit brought up by Bob and his caller during the show.Click here to read Todd's commentary.Click here to read the NYT Editorial, "A Rate Cap for All Consumer Loans", published 10/18/14.

Consumers Beware: The Consumer Financial Protection Bureau is Here to Help

Every year, Americans rightly honor civil rights icons who stood up for the principle of equality enshrined in our founding documents. Few are aware, though, of the ties between the civil rights tradition and the principles of classical liberalism. In Race and Liberty in America: The Essential Reader, Jonathan Bean has compiled an anthology of primary documents by both well-known leaders like Frederick Douglass and unsung heroes like individualist and abolitionist Lysander Spooner, Brooklyn Dodgers manager Branch Rickey, and others who helped strip government of the ability to discriminate on the basis of race. ?Classical liberalism,? writes Bean, a scholar at the Independent Institute and this Sunday?s guest, ?is a philosophy of individualism; its history is peopled by a mix of iconoclasts, contrarians, lone dissenters, courageous rebels, and powerful political leaders.? Tune in to learn from Bean how classical liberal ideas motivated these key figures in the struggle for civil rights. He and Bob will also discuss how new ?progressive? forms of discrimination undermine the principles behind historical victories for justice and equality.

Classifying Americans: Jonathan Bean on Race & Liberty in America

Back in April, Bob interviewed Ed Hudgins about The Republican Party?s Civil War, in which Hudgins urged Republicans to emphasize the value of ?modernist achievers??those who disrupt status quo industries and demonstrate what free individuals can accomplish. Derek Khanna is one of the youngest yet most influential thinkers leading the charge on the innovation front in Washington D.C. Khanna regularly writes on disruptive innovation for Forbes.com, and recently had his article, "The Party of Innovation," featured on the cover of The American Conservative magazine. The piece advocated for common sense free-market reform in technology policy, and in the broader conservative movement. If his ideas are any indication of a trend, there may still be hope for Republicans to become known as the party of dynamism and innovation. Bob and Khanna talked about obstacles to forming new small businesses, and Khanna explained some recent reforms that may foreshadow more sweeping victories down the road.

Derek Khanna - What's Stifling Innovation?

Double-entry bookkeeping doesn't exactly have a reputation for excitement. Indeed, who among us spends weekends and evenings painstakingly tallying our assets against our liabilities when there are so many delightful distractions around? Jacob Soll, a historian and accounting professor at the University of Southern California, thinks accounting needs a makeover, if not a renaissance. Soll has demolished the boring accountant stereotype with his new book, "The Reckoning: Financial Accountability and the Rise and Fall of Nations." Soll's research takes us behind the scenes to reveal the ways that bookkeeping practices have shaped and been shaped by different cultures during critical historical periods. Find out whether modern governments and financial institutions can survive in a society that neglects the task of "keeping the books balanced." Or, are we prone to yet more financial crises?or worse, a moral reckoning with our debts?

*The Reckoning*: Jacob Soll on Accounting and Accountability

For decades, the North Korean regime has kept its oppressive rule hidden from the rest of the world. But slowly, the truth has been emerging. Defectors like Yeonmi Park?who left the country in 2007 at the age of 15?have lived to tell the stories about their escape, and of the changing political landscape they left behind. Yet in spite of the continuing famines and desperate poverty, there are rays of hope, as markets slowly work their way into the North Korean social fabric. Bob speaks with Yeonmi Park about her previous way of life as one of the rising "black market generation" that is finally experiencing the power of spontaneous voluntary cooperation. Can the trend toward freer markets and trade be stopped now that it has a foothold? Or will North Korea's isolationist "juche" ideology hold fast against the rest of the world? You won?t want to miss this inside look into a country that appears to be slowly coming out of the shadows.

Yeonmi Park – North Korean Defector: "Juche" Die, Markets Rise

Alice Goffman is no Ivory Tower academic. The author of a harrowing new field study, On the Run: Fugitive Life in an American City, Goffman spent the better part of a decade immersing herself in a crime-ridden neighborhood in Philadelphia. Once established, she began to study people?s lives in light of certain trends in law enforcement that are shattering communities with deep existing fractures. New quotas for certain kinds of arrests, combined with increasingly efficient methods of policing the drug war, have set the stage for a real-life drama that rivals Shakespeare's darkest tragedies. While this struggle unfolds outside the view of most Americans, the conflicts and social ills being amplified by the modern criminal justice system should be of concern to everyone. Family members are turned against one another; children view arrest and detention as a rite of passage; and market forces show up in strange places as entrepreneurial energy is channeled into running from the law. Bob gets the inside scoop on Goffman's breathtaking research, as the two discuss the causes and consequences of institutionalized poverty.

Alice Goffman on Fugitive Life in an American City

Bob Zadek reviews current events from a purely libertarian perspective. Small, unobtrusive government. Limited federal powers, with far more power vested in states and localities. Protection of property rights. End victimless crimes. Personal responsibility.

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Libertarian Radio - Best of The Bob Zadek Show

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