The F.A. Hayek Program for Advanced Study in PPE at @mercatus encourages research on the institutional arrangements that support free & prosperous societies.
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On the second episode of The Hayekian Triangle, @vstorr, @PeterBoettke, and @ccoyne1 place James Buchanan’s essays “Natural and Artifactual Man” and “Afraid to Be Free” in conversation, exploring the tension between human beings’ capacity for self-creation and their desire for protection from uncertainty.
🎧 Tune in to the Hayek Program Podcast
mercatus.org/hayekprogram/ha…
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Hayek Program retweeted
Grateful to the great @ccoyne1 for kicking off our @tfas Austrian Economics Seminar this weekend. One theme of his talk was the marvel of the market as a process for peaceful cooperation and creative problem solving 🎉💡
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Congrats to our scholar, Dr. Don Boudreaux!! 🎉🎉🎉
The dinner may be over, but the conversation continues. CEI CEO Kent Lassman sat down with 2026 Julian L. Simon Awardee Donald J. Boudreaux for the full interview. Now on YouTube: bit.ly/4AhRySa
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Hayek Program retweeted
Hayek wrote across economics, political philosophy, social theory, and more. What ties it all together?
In Friedrich Hayek: A Very Short Introduction, @PeterBoettke, director of the F. A. @HayekProgram at Mercatus, and M. Scott King offer a unifying idea: how social coordination is possible without central command.
Learn more: bit.ly/4iuFkz9
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How can Public Choice renew political economy?
In the second-part of his essay on the past, present, and future of Public Choice, @PeterBoettke calls for an economics attentive to institutions, processes, and cultures of peace, drawing on Buchanan, Hayek, Ostrom, and Smith.
Read more here.
econlib.org/library/columns/…
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What made standing armies politically advantageous in an age of commercial society?
In this article, @KristenRoseC examines Adam Smith’s account of technology, warfare, and liberty. Smith argued that modern weaponry diminished the importance of individual dexterity and courage while increasing the value of discipline, regularity, and obedience. Yet his defense of professional armies rested not only on military necessity, but also on their potential to expand independence and liberty through commercial relations.
independent.org/tir/2026-spr…
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On this episode, our panel of discussants talk about Erwin Dekker's book, "Jan Tinbergen (1903-1994) and the Rise of Economic Expertise."
Dekker argues that Tinbergen's crucial contribution is the theory of economic policy and the legitimation of economic expertise in service of the state. It traces his youthful socialist ideals which found political direction in the Plan-socialist movement of the 1930s for which he developed new economic models to combat the Great Depression. The book then turns to an examination of his attempt to repeat this achievement in the development projects in the Global South and at the international level for the United Nations.
Peter Boettke moderates the panel, with contributions from Sandra Peart and Michele Alacevich.
🎧 Tune in to the Hayek Program Podcast
mercatus.org/hayekprogram/ha…
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What is the future of public choice?
In the first of a two-part essay, @PeterBoettke reflects on the intellectual legacy of James Buchanan and Gordon Tullock, the development of the Virginia School of Political Economy, and the continuing importance of studying how ideas, interests, and institutions shape political outcomes. He argues that future research should focus not only on state capacity, but also on self-governance and the institutional pathways that make liberty and prosperity possible.
econlib.org/library/columns/…
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Hayek Program retweeted
My class tonight was focused on Alchian and Becker… thecoordinationproblem.subst…
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Richard E. Wagner on His Formation and Reorientation as an Economist open.substack.com/pub/humane…
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You can now pre-order a copy of Rainbow Liberty, which is edited by @NathanPGoodman, @NovakMikayla, and me. If you’re interested in classical liberalism and the flourishing of minority communities, please check out this volume.
routledge.com/Rainbow-Libert…
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Hayek Program retweeted
There was a recent post correctly pointing to Menger's revolutionary contribution to economics science. In 2022 I published a paper in the European Journal of History of Economic Thought discussing Menger and his continuing relevance.
tandfonline.com/doi/full/10.…
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Bryan Cheang discovered the Adam Smith Fellowship during his PhD studies in political economy at King's College London. Coming from Singapore, Bryan was drawn to the fellowship's interdisciplinary approach and its focus on understanding how free markets and liberal institutions work across different cultural contexts.
Smith Alum @bryancheang_ shares his Mercatus Fellowship Story.
loom.ly/4v3e_-8
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How did more than 70,000 Americans overcome collective-action problems to support Central American immigrants during the Sanctuary movement of the 1980s and early 1990s?
Karla Segovia, @NathanPGoodman, and @molly_rovinski examine how polycentric networks and nested governance arrangements enabled diverse religious communities to coordinate effectively in pursuit of a shared public good.
Read the full article to learn how decentralized institutions helped sustain one of the largest acts of civil disobedience in modern US history.
mercatus.org/hayekprogram/re…
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In the second of a two-part series, @PeterBoettke and @vstorr finish their conversation on the legacy of Don Lavoie as both a mentor and scholar. Storr first reflects on the untimely death of Lavoie and the impact he left on his colleagues and students.
Later on, Boettke and Storr discuss the nature of scholarship and the process of exploring gaps in the social sciences before finishing their talk with some thoughts on the importance of interdisciplinary conversations.
🎧 Tune in to the Hayek Program Podcast
mercatus.org/hayekprogram/ha…
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"I am a fan of economics and economists, just as I am a life-long fan of the New York Yankees. In fact, I think of the Austrian School of Economics as the New York Yankees of economic science."
— @PeterBoettke via @Econlib
econlib.org/my-life-as-an-au…
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As a high school student, Zofia had no way to pursue her growing curiosity about economics. The fellowship changed everything. Today, as a college freshman studying economics with interests in economic history and quantitative methods, Zofia credits her three years participating in Mercatus fellowships taking the Exploring Complex Solutions fellowship twice in high school and currently participating in the Don Lavoie Fellowship with shaping her entire academic trajectory and showing her what economics could be.
High School Alum Zofia Maruszewska shares her Mercatus Fellowship Story.
loom.ly/OVaY8Fw
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Hayek Program retweeted
I am fascinated by the inability of people to process the actual argument about market theory and the price system that Mises/Hayek/Kirzner/Lavoie were making and why the fundamental problem with socialism is neither an incentive issue nor a computational complexity argument. Of course, socialism must face those two problems, but the deeper problem is one of the generation of the knowledge in the first place, and the contextual nature of that knowledge. Remove the context, the knowledge isn't difficult to process, IT IS NOT THERE. As Buchanan once tried to convey -- the market order is defined in the process of its emergence, and this is an open ended and creative process. Mechanism design theory never had an answer to this, and still does not.
It is for this reason that i fundamentally do not understand leftist hostility to AI: it is the only currently plausible mechanism by which the classical Marxist objective of a wealthy industrial society based on a non-market economy could, potentially, be achieved.
cc’ @lenitiv
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