83. Let People Prosper Show #10: Dr. Peter Boettke on Thinking Like an Economist
In LPP Episode #10, I talk with Dr. Boettke, who is a professor at George Mason University, about why he chose economics, his books on economics and rules-based policy, COVID, and No Due Date group.
In episode #10 of the Let People Prosper Show, I talk with Dr. Peter Boettke, who is a professor of economics at George Mason University, about why he chose economics, his many books on economics and rules-based policy, differences between mainline and mainstream economics, the economic lessons from the COVID-19 pandemic, his lessons for me while I was in the White House, and much more. I recommend checking out his reading group called No Due Date, which I’m registered with, and enjoy getting a book to read each month and discussing it with Dr. Boettke and the group online.
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Here is more about Dr. Boettke:
Dr. Boettke is a University Professor of Economics and Philosophy at George Mason University, the BB&T Professor for the Study of Capitalism, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University.
You don’t want to miss our candid discussion on the role of the economist, Austrian economics, and more regarding how best to let people prosper.
Watch Episode #10 here:
Friedrich Hayek’s 1974 Nobel Prize speech: The Pretense of Knowledge.
Elinor Ostrom’s Nobel Prize speech (with video)—Beyond Markets and States: Polycentric Governance of Complex Economic Systems
Peter Boettke and Richard Wagner on economist James Buchanan:
Economics in One Lesson by Henry Hazlitt
Overview of Mainline Economics by Peter Boettke
We also discussed Hans Rosling’s excellent YouTube video on 200 countries, 200 years, 4 minutes showing the gains and losses in economic prosperity over time, including the Spanish flu epidemic. Check it out (see around 1917-1919):
More details on Dr. Boettke here along with his excellent books which I recommend you read:
As a teacher, Boettke is dedicated to cultivating enthusiasm for the economic way of thinking and the importance of economic ideas in future generations of scholars and citizens. He is also now the co-author, along with David Prychitko, of the classic principles of economics texts of Paul Heyne's The Economic Way of Thinking (12th Edition, Prentice Hall, 2009). His efforts in the classroom have earned him a number of distinctions including the Golden Dozen Award for Excellence in Teaching from the College of Arts and Sciences at New York University and the George Mason University Alumni Association's 2009 Faculty Member of the Year award.
In 2005, Boettke received the Charles Koch Distinguished Alumnus award from the Institute for Humane Studies and the Jack Kennedy Award for Alumni Achievement from Grove City College. Boettke was the 2010 recipient of the Association of Private Enterprise Education’s Adam Smith Award as well as George Mason University's College of Humanities and Social Sciences Distinguished Alumnus of the Year Award. In 2012, Boettke received a doctorate honoris causa in Social Sciences from Universidad Francisco Marroquin. In 2013, Dr. Boettke received his second honorary doctorate from Alexandru Ioan Cuza University in Romania. Dr. Boettke served as President of the Southern Economics Association from 2015 - 2017 and President of the Mont Pelerin Society from 2016 - 2018. He also is the Editor of the Review of Austrian Economics and the Associate Editor of the Journal of Economic Behavior & Organization.
Living Economics: Yesterday, Today and Tomorrow, Oakland, CA: The Independent Institute and Universidad Francisco Marroquin, 2012. Spanish e-book translation, 2013. Romanian Translation, 2013.
The Economic Way of Thinking, (with Paul Heyne [original author] and David Prychitko, preface by Douglass North), 10th ed., 2002; 11th ed., 2005; 12th ed., 2009; 13th ed., 2013, Upper Saddle River, NJ: Prentice Hall.
The Battle of Ideas: Economics and the Struggle for a Better World, (The Sir Ronald Trotter Lecture), Wellington, NZ: NZBR, 2007.
Is an Independent Non-Profit Sector Prone to Failure?, (with David Prychitko), In Lenore Ealy, ed, Conversations in Philanthropy series. Indianapolis, IN: The Philanthropic Enterprise, 2004.
Calculation & Coordination: Essays on Socialism and Transitional Political Economy, In Mario Rizzo and Lawrence H. White, eds, Foundations of the Market Economy series, London: Routledge, 2001.
Why Perestroika Failed: The Politics and Economics of Socialist Transformation, London: Routledge, 1993. The Political Economy of Soviet Socialism: The Formative Years, 1918-1928, Boston: Kluwer Academic Publishers, 1990.
For a full listing of Professor Boettke's research and publications, please visit his personal webpage www.peter-boettke.com/research/