Peter Boettke & Patrick Newman on Cronyism | Mercatus Center: F. A. Hayek Program

Sparking New Thinking
- Read Discourse magazine
  Online journal dedicated to promoting and defending
  classical liberal values with new and innovative thinking
Exchanging Insight
- Conversations
  with Tyler
  Interviews with today’s
  underrated thinkers
- Macro Musings
  Deep dives into critical
  macroeconomic issues
- Ideas of India
  Explorations of vital questions
  in Indian political economy
- Hayek Program
  Podcast
  Lectures and discussions on
  political economy
Funding Innovation
- Emergent Ventures
  Grants and fellowships for talented individuals with unique
  ideas for changing the world

Advancing Ideas
- Sparking New Thinking
  - Read Discourse magazine
    Online journal dedicated to promoting and defending
    classical liberal values with new and innovative thinking
- Exchanging Insight
  - Conversations
    with Tyler
    Interviews with today’s
    underrated thinkers
  - Macro Musings
    Deep dives into critical
    macroeconomic issues
  - Ideas of India
    Explorations of vital questions
    in Indian political economy
  - Hayek Program
    Podcast
    Lectures and discussions on
    political economy
- Funding Innovation
  - Emergent Ventures
    Grants and fellowships for talented individuals with unique
    ideas for changing the world
Research
- Scholars
  - Learn more about our scholars and find their
    latest work
- Topics
- Tools
  - QuantGov
    Open-source policy analytics
    platform
  - Research Library
    Archive of our research
    with advanced search tools
- Policy Commentary
  - Mercatus Policy Digest
    Latest policy ideas and analysis from our scholars
Students
- Fellowships
  - Academic & Student Programs
    Political economy training and support for students at Mason and universities around the world
- Online Economics Education
  - Visit Marginal Revolution University
    Online platform providing a world-class economics education to everyone, everywhere for free

F. A. Hayek Program

Mercatus Original Podcast

December 15, 2021

Peter Boettke & Patrick Newman on Cronyism

Peter J. Boettke
Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
Patrick Newman

Hayek Program Podcast

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.

Subscribe to the Hayek Program Podcast

Soundcloud | iTunes | Stitcher | Google Play

On this episode of the Hayek Program Podcast, Peter Boettke interviews Patrick Newman on his latest book, Cronyism: Liberty versus Power in Early America, 1607–1849. As part of the conversation, Boettke and Newman discuss the perennial clash between the forces of liberty and power as part of the evolution of American cronyism. Additionally, Newman elaborates on his use of a Rothbardian framework to distinguish between liberty and power and offers his take on why, despite the cronyism, the US economy experienced such substantial economic growth.