January 12, 2022

Towards an Economics of Natural Equals, Pt. 1 — Peter Boettke, David Levy, & Sandra Peart

  • Peter J. Boettke

    Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
  • David Levy

    Professor of Economics, George Mason University
  • Sandra Peart

The Hayek Program Podcast includes audio from lectures, interviews, and discussions of scholars and visitors from the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University.

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On this episode of the Hayek Program Podcast, we'll hear part one of Peter Boettke's interview with David Levy and Sandra Peart on their latest book, "Towards an Economics of Natural Equals." In it, Levy and Peart engage with how the Virginia School's economics of natural equals makes consent critical for policy. The trio addresses the lasting legacy of the Virginia School of Political Economy, asking how economics can recover its political economy roots and prioritize the discussion that makes intelligence in democratic action possible. In addition, they investigate the two ways of doing economics described by James Buchanan and examine the influence of Frank Knight on the Virginia School.