In this episode we interview the historian Ola Innset about his award-winning dissertation Reinventing liberalism : Early neoliberalism in context, 1920-1947. He has used the methodology of micro-history to study the first meeting of the Mont Pelerin Society in 1947, including ‘juicy’ details. We discuss Ola’s thesis of the double movement: neoliberalism as response to both planning and the old ideal of laissez-faire. But the conversation turns much broader about the international character of neoliberalism, the uses and abuses of the term, as well as its contemporary relevance. And we discuss other recent literature on neoliberalism including that of Quinn Slobodian and Peter Boettke.
In a piece for the Baffler Ola has described his own visit to the Mont Pelerin Hotel where the conference took place.
In a spin-off article has has explored the relations between Friedrich Hayek and Karl (!) Polanyi, which contains a continuation of the discussion about economic calculation in the podcast.
In this episode, Reinhard talks with Maria Bach about her PhD thesis Redefining universal development from and at the margins: Indian Economics’ contribution to development discourse, 1870-1905. We discuss her interest in Indian economic thought, her methodological approach of Positive Discourse Analysis, the development of the Indian economy and of Indian economics in the second half of the 19th century. Maria describes how Indian Economics was influenced by the Indian economic experience and the policy they recommended for Indian development. A focus in the discussion is on the distinct concept of development, which Indian economists developed. In Maria’s thesis, she focuses on three Indian economists: Dadabhai Naoroji, Mahadev Govind Ranade, and Romesh Chunder Dutt. They are also the main protagonists in our discussion.
Maria Bach is an Assistant Professor in the Economics Department at the American University of Paris. She has recently finished her PhD at King’s College London in International Political Economy. In her thesis, she analyses how Indian Political Economists constructed an idea of development at the turn of the 19th century. Before starting her PhD, Maria was a consultant at the Organisation for Economic Cooperation and Development (OECD) in Paris working on a project entitled New Approaches to Economic Challenges. Maria completed her MSc in Development Economics in 2012 at the School of Oriental and African Studies (SOAS) and her BA in International Economics and Applied Mathematics at the American University of Paris in 2011. And Maria is a co-host of Ceteris Never Paribus: The History of Economic Thought Podcast.
In this episode Erwin and Reinhard talk with Peter Boettke about his new book on Hayek, F.A. Hayek: Economics, Political Economy and Social Philosophy, published with Palgrave Macmillan. We discuss the various stages in Hayek’s work, Hayek’s relation to neoliberalism, Pete’s contra-Whig methodology for the history of economics (with a hat tip to Kenneth Boulding), Hayek’s relation to the Scottish Enlightenment, what it means to be an epistemic institutionalist, and the extent to which there was continuity between the early neoclassicals and the Austrian School. As well as many other subjects related to Hayek, and what a Hayekian research program looks like.
Peter Boettke is Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, as well as the BB&T Professor for the Study of Capitalism at the Mercatus Center at George Mason University, and a University Professor of Economics and Philosophy at George Mason University. He blogs at coordinationproblem.org.
In this episode, Adam Leeds talks with Reinhard about his thesis “Spectral Liberalism: On the Subject of Political Economy in Moscow”, for which Adam won the 2018 “Joseph Dorfman Best Dissertation Prize” awarded by the History of Economics Society. We talk about the development of Soviet and Russian economics and its relationship with politics starting from the late tsarist era, the Soviet Union under first Lenin and Stalin, the post-Stalin era, Gorbachev’s reforms, ending with the development in the 1990s and early 2000s. The topics we discuss include Adam’s research approach of oral history, methodological issues about conducting interviews in Russia, and the relationship between anthropology and the history of economic thought.
Adam is an anthropologist (with an interest in the history of economics) and an assistant professor at Department of Slavic Languages at Columbia University.
In this episode, Reinhard talks with Paul Dudenhefer about academic writing, especially about writing English journal articles. The topics we discuss include the framing of an article, writing for an “Anglo-American audience”, how to write clearly and entertainingly, how to avoid the curse of knowledge, how to get most out of feedback, and writing for a general audience.
In this episode Irwin Collier, professor of Economics at the John-F.-Kennedy Institute for North American Studies at the Free University of Berlin, talks about his project Economics in the Rear-View Mirror, which recently celebrated its third anniversary. On his website, Irwin is collecting and making available teaching resources used in economics programmes at US universities. These resources include syllabi, exams, and lecture notes. His project is covering the period from roughly 1870 – 1970. So far, the website features more than 750 artefacts, including documents from Joseph Schumpeter, Paul Samuelson, Robert Solow, Frank Knight, and many more well-known and lesser-known economists. Irwin’s website is a treasure for historians of economics, and a treasure that is still growing. The interview covers the motivation and aim of the project, some technical and archival topics, as well as some lessons on the development of economics from 1870–1970 that can be drawn from the project so far.
In this episode, Erwin Dekker talks about his book The Viennese Students of Civilization: The Meaning and Context of Austrian Economics Reconsidered. We discuss Erwin’s cultural approach to the history of economic thought in general, before Erwin talks about the cultural context and historical developments which he argues are important to understand the development of early Austrian economics from its beginning in the late 19th century until the emigration of Austrian scholars in the 1930s. The interview also covers how Austrian economists adapted to their exiles in the English-speaking world and how modern Austrian economics differs from the approach used by Austrian economists in Austria. Towards the end of the interview, we discuss the challenges of writing a book that covers a large group of people, the endeavour of transforming a PhD thesis into a book published by the Cambridge University Press, and the role of historians of economic thought as the last generalists.
Erwin is a post-doctoral researcher at the Erasmus School of Economics where he is working on the intellectual biography of Nobel laureate and Dutch economist Jan Tinbergen. He is also assistant professor in cultural economics at the Erasmus School of History, Culture and Communication and has been post-doctoral fellow at the Economics Department of George Mason University. His research focuses on the intersection of art and culture with economics. He has published in the fields of cultural economics, economic methodology and intellectual history, and he is currently working on the moral frameworks which sustain markets. And he is a co-host of this podcast.
In this episode, Gareth Dale talks about his biography “Karl Polanyi: A Life on the Left”, which has recently been published in paperback. We discuss Polanyi’s childhood and youth in Budapest, his move to Vienna after the First World War, his escape from Austrofascism to first England and later North America, where he would write his main work The Great Transformation. We also talk about Polanyi’s relationship with his wife Ilona Duczyńska and his brother Michael Polanyi. We end the interview with some challenges of writing a biography.
Gareth is a social scientist and senior lecturer at Brunel University. Besides Polanyi, his research interests include the political economy of the environment, the growth paradigm, the history of East Germany, the political economy of Eastern Europe, social movement theory, and international migration. Gareth has been working on Karl Polanyi for more than a decade. His research has resulted in several papers as well as the following four books on Polanyi, which are mentioned in the episode:
For this episode we interviewed professor Annie Cot, director of the Master 2 Économie et Sciences Humaines (épistémologie, méthodes, théories) at the University of Paris 1 Panthéon-Sorbonne. We talked about the origin and evolution of the Master, as well as the type of work that their students carry out and the academic environment that the faculty and PhD students provide.