Economics Detective Radio is a podcast about markets, ideas, institutions, and all things related to the field of economics. Episodes consist of long-form interviews and are generally released on Fridays. Topics include economic theory, economic history, the history of thought, money, banking, finance, macroeconomics, public choice, business cycles, health care, education, international trade, and anything else of interest to economists, students, and serious amateurs interested in the science of human action. For additional content and links related to each episode, visit economicsdetective.com.
Michael Heller joins the podcast to discuss his new book, Mine! How the Hidden Rules of Ownership Control Our Lives (https://amzn.to/3v6aSAn). This book explores the implicit social rules governing ownership. In brief, these rules are as follows:
Attachment ("it's mine because it's connected to something of mine")
Possession ("it's mine because I physically control it")
First-in-time ("it's mine because I was here first")
Labour ("it's mine because I worked for it")
Self-ownership ("it's mine because it came from my body")
Family ("it's mine because my grandfather left it to me")
We discuss these six rules with reference to many examples of how they play out in the modern world, from conflicts over airline seats to the rise and fall of Soviet communism.
4 Feb 2021
The Wealth of Nations with Sarah Skwire
On today's episode, I discuss Adam Smith's Wealth of Nations with Sarah Skwire. Sarah is part of the team tweeting through the book @AdamSmithWorks (https://twitter.com/adamsmithworks). We discuss the project and talk through the first few chapters of the Wealth of Nations.
11 Oct 2020
The Kindness of Strangers with Michael McCullough
Today's guest is Michael McCullough of the University of California, San Diego. We are discussing his book The Kindness of Strangers: How a Selfish Ape Invented a New Moral Code.
How did humans, a species of self-centered apes, come to care about others? Since Darwin, scientists have tried to answer this question using evolutionary theory. In The Kindness of Strangers, psychologist Michael E. McCullough shows why they have failed and offers a new explanation instead. From the moment nomadic humans first settled down until the aftermath of the Second World War, our species has confronted repeated crises that we could only survive by changing our behavior. As McCullough argues, these choices weren’t enabled by an evolved moral sense, but with moral invention — driven not by evolution’s dictates but by reason.
Today's challenges — climate change, mass migration, nationalism — are some of humanity’s greatest yet. In revealing how past crises shaped the foundations of human concern, The Kindness of Strangers offers clues for how we can adapt our moral thinking to survive these challenges as well.
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61 ratings
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