Real-Life Applications to Navigating Economic Theory with Peter Boettke

Liberty and Leadership

How can economics empower individuals? This week, Roger Ream is joined by Peter Boettke, Professor of Economics and Philosophy at George Mason University and former professor for TFAS Prague, to unravel the impact of teaching economics beyond mere equations. To illustrate economic theory's relevance and its potential to shape a brighter future, Peter covers a broad range of subjects including the significance of the Austrian economics tradition, the economic transformation of Estonia and the dangers of socialist policies. Peter also shares how his own career shaped his belief that economics can serve as a tool for the curious and a discipline for the compassionate.

Peter Boettke is the author of several books, including “F. A. Hayek: Economics, Political Economy and Social Philosophy” and “Living Economics: Yesterday, Today, and Tomorrow.” Peter is also the co-editor of the economics textbook originally by Paul Heyne, “The Economic Way of Thinking.” Recently, he authored a substantial portion of the Fraser Institute series called “The Realities of Socialism.” TFAS’s high school division, the Foundation for Teaching Economics (FTE), is turning that series into curriculum for high schools in the U.S. and Canada. Peter serves as editor of The Review of Austrian Economics and associate editor of The Journal of Economic Behavior & Organization. He is the recipient of multiple academic awards including the Golden Dozen Award for Excellence in Teaching.
The Liberty + Leadership Podcast is hosted by TFAS president Roger Ream and produced by Podville Media. If you have a comment or question for the show, please email us at [email protected]. To support TFAS and its mission, please visit TFAS.org/support.
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Chapters

1. Real-Life Applications to Navigating Economic Theory with Peter Boettke (00:00:00)

2. The Legacy of Austrian Economics (00:00:02)

3. Evolution of Economic Theory (00:11:10)

4. Influence of Economics in Education (00:16:34)

5. Realities of Socialism Project Discussion (00:29:24)