Shows / The Capitalism and Freedom in the Twenty-First Century Podcast

The Capitalism and Freedom in the Twenty-First Century Podcast
This podcast is focused on economics, finance and public policy, with a common thread to exploring some of the ideas of the late economist Milton Friedman titled after his 1962 book ”Capitalism and Freedom”.
Episodes
The Capitalism and Freedom in the Twenty-First Century PodcastThe History Of Macroeconomics From Keynes To HANK Models With Greg Kaplan | Hoover Institution
Jon Hartley and Greg Kaplan discuss Greg’s career as a macroeconomist, the history of macroeconomic theory from Keynesian to Heterogeneous Agent New Keynesian…
The Capitalism and Freedom in the Twenty-First Century PodcastMonetary Policy and The Shadow Open Market Committee Since The 1970s With Mickey Levy | Hoover Institution
Jon Hartley and Mickey Levy discuss Mickey’s early career working with Alice Rivlin at the Congressional Budget Office (CBO) and with Arthur Burns at AEI, as…
The Capitalism and Freedom in the Twenty-First Century PodcastInside DOGE: Reforming US Government Spending From The Inside With Tyler Hassen| Hoover Institution
Jon Hartley talks with Tyler Hassen about the legacy of DOGE, including Hassen’s time as a member of the DOGE team and his new book Inside DOGE: The Real Story…
The Capitalism and Freedom in the Twenty-First Century PodcastFighting Hyperinflations Around the World with Steve Hanke | Hoover Institution
Jon Hartley and Steve Hanke discuss Hanke’s career as an academic and policy advisor, including the virtues of using currency boards to combat hyperinflation…
The Capitalism and Freedom in the Twenty-First Century PodcastCrypto, Housing, and Banking Regulation with French Hill | Hoover Institution
Jon Hartley and US House Financial Services Committee Chairman Rep. French Hill discuss Congressman Hill’s background; regulation on housing supply and the…
The Capitalism and Freedom in the Twenty-First Century PodcastThe US Dollar’s Exorbitant Privilege and The International History of Reserve Currencies with Barry Eichengreen | Hoover Institution
Jon Hartley and Barry Eichengreen discuss his background and research, the status of the US dollar as a world reserve currency, the yuan’s inability to gain…
The Capitalism and Freedom in the Twenty-First Century PodcastMichael Boskin on American Economic Policy Since Reagan | Hoover Institution
Jon Hartley and Michael Boskin discuss Michael’s upbringing in Los Angeles, his seminal academic work on savings, working on Governor Ronald Reagan’s tax…
The Capitalism and Freedom in the Twenty-First Century PodcastGrover Norquist on Reagan-Bush-Trump Tax Reforms and America’s Fiscal Future | Hoover Institution
For more than four decades, Grover Norquist has been one of the most influential figures in the American conservative movement on tax policy and limited…
The Capitalism and Freedom in the Twenty-First Century PodcastDr. Oz On Affordability, Fighting Fraud, and AI in Healthcare | Hoover Institution
Jon Hartley and Dr. Oz along with his two deputies discuss running the Centers for Medicare & Medicaid Services (CMS) which administers the major federal…
The Capitalism and Freedom in the Twenty-First Century PodcastBusiness Cycles, Growth, Misallocation, and AI with Pete Klenow | Hoover Institution
Pete Klenow has spent his career tackling some of economics’ biggest questions: Why do some countries grow rich while others remain poor? What drives long-run…
The Capitalism and Freedom in the Twenty-First Century PodcastEconomic Freedom and Market Reforms in Latin America With Sebastian Edwards | Hoover Institution
Jon Hartley and Sebastian Edwards discuss Edward’s time at the University of Chicago as a PhD student in the time of Milton Friedman and the Chicago School…
The Capitalism and Freedom in the Twenty-First Century PodcastFormer US Senator Phil Gramm on Inequality Fallacies and How Economic Freedom Creates Growth | Hoover Institution
Jon Hartley and Phil Gramm discuss Graham’s career as an academic economist at Texas A&M, his service in the US House of Representatives and in the US Senate…
The Capitalism and Freedom in the Twenty-First Century PodcastA History of the West After Adam Smith’s Wealth of Nations With Niall Ferguson | Hoover Institution
Jon Hartley and Niall Ferguson explore Niall's career, the power of networks in his books The House of Rothschild volume one (1998) and volume two (1999), and…
The Capitalism and Freedom in the Twenty-First Century PodcastReducing the Fed’s Balance Sheet With Fed Board Governor Stephen Miran | Hoover Institution
Jon Hartley and Stephen Miran discuss Stephen’s new paper on strategies to reduce the Federal Reserve’s balance sheet, the state of inflation and the labor…
The Capitalism and Freedom in the Twenty-First Century PodcastBanking Systems and Crises from Deposit Insurance to Stablecoins with Charles Calomiris | Hoover Institution
Jon Hartley and Charles Calomiris discuss banking crises, the Diamond-Dybvig model, deposit insurance, the history of bailouts and public subsidies for…
The Capitalism and Freedom in the Twenty-First Century PodcastIs Miami Becoming Wall Street South? With Citadel Securities President Jim Esposito | Hoover Institution
Jon Hartley and Jim Esposito discuss Jim’s beginnings, his career in senior roles at Goldman Sachs in New York and London, and moving to Miami to run one of…
The Capitalism and Freedom in the Twenty-First Century PodcastThe White House vs. Industry Titans: A History of American Power Struggles with Tevi Troy | Hoover Institution
Jon Hartley and Tevi Troy discuss Tevi’s career as a Presidential historian, serving in a variety of roles in the George W. Bush administration including as…
The Capitalism and Freedom in the Twenty-First Century PodcastAndrew Ross Sorkin on Two Crises, Lasting Impact: How 1929 and 2008 Still Shape Finance | Hoover Institution
Jon Hartley and Andrew Ross Sorkin discuss Andrew’s career as a journalist, Andrew’s recent book 1929 and how the events between the 1929 Wall Street crash and…
The Capitalism and Freedom in the Twenty-First Century PodcastWhy Does Europe Struggle with Innovation? With Luis Garicano | Hoover Institution
Jon Hartley and Luis Garicano discuss Luis’s career, including his time as a Member of the European Parliament (MEP) from 2019 to 2022, his research on firms…
The Capitalism and Freedom in the Twenty-First Century PodcastMatteo Maggiori on China, Geoeconomics and Exchange Rates | Hoover Institution
Jon Hartley and Matteo Maggiori discuss Matteo’s career on going from trading at JP Morgan to becoming an academic economist, the rise of China’s economy…
The Capitalism and Freedom in the Twenty-First Century PodcastThe Origins of Inflation Targeting in New Zealand with Don Brash | Hoover Institution
Don Brash on his career as a central banker at the helm of New Zealand’s central bank, helping to start inflation targeting in New Zealand, his time as a…
The Capitalism and Freedom in the Twenty-First Century PodcastProperty Rights and the UCLA School of Economics with David Henderson | Hoover Institution
Jon Hartley and David Henderson discuss David’s career as an economist, the role of property rights and market competition in economic growth, as well as the…
The Capitalism and Freedom in the Twenty-First Century PodcastGeorge Tavlas on the History of Monetarism | Hoover Institution
Jon Hartley and George Tavlas discuss George’s career as an economist, including as a central banker at the Bank of Greece, the history of monetarism…
The Capitalism and Freedom in the Twenty-First Century PodcastCliff Asness on Factor Investing and the History of Financial Economics | Hoover Institution
Jon Hartley and Cliff Asness discuss his time as a graduate student under Eugene Fama at the University of Chicago, his career at Goldman Sachs, and founding…
The Capitalism and Freedom in the Twenty-First Century PodcastJay Bhattacharya on the NIH as An Innovation Accelerator | Hoover Institution
Jon Hartley and Jay Bhattacharya discuss Jay Bhattacharya’s vision for the National Institutes of Health (NIH), running the NIH as an innovation accelerator…
The Capitalism and Freedom in the Twenty-First Century PodcastArt Laffer on Tax Policy and the 50-Year History of the Laffer Curve | Hoover Institution
Jon Hartley and Arthur Laffer discuss his origins as an economist, including his relationships with George Shultz and Milton Friedman, the 50-year history of…
The Capitalism and Freedom in the Twenty-First Century PodcastFederal Reserve Board Governor Chris Waller on Monetary Policy and Payments | Hoover Institution
Jon Hartley and Christopher Waller discuss monetary policy at the Fed, r-star, and the stance of monetary policy, the 2025 Federal Reserve framework review…
The Capitalism and Freedom in the Twenty-First Century PodcastHarvard Law's Cass Sunstein on Nudges, Behavioral Economics, Constitutional Law, and Liberalism | Hoover Institution
Jon Hartley and Cass Sunstein discuss the current state as of 2025 of behavioral economics and ideas presented in Nudge (such as government nudge units)…
The Capitalism and Freedom in the Twenty-First Century PodcastLiz Truss (Former UK Prime Minister) on Politics and the Economy in the United Kingdom | Hoover Institution
Jon Hartley and Liz Truss discuss the former UK Prime Minister’s upbringing and her early interest in economics and politics, her pro-growth policy vision for…
The Capitalism and Freedom in the Twenty-First Century PodcastRichard Epstein on Property Rights, Law and Economics | Hoover Institution
Jon Hartley and Richard Epstein discuss Richard’s career as a legal scholar, the takings clause, state monopoly power, Richard’s property-driven theory of…
The Capitalism and Freedom in the Twenty-First Century PodcastInside Financial Regulation: Thomas Hoenig on the Fed, FDIC, and Banking Reform | Hoover Institution
Hoover Institution fellow Jon Hartley and former FDIC Vice Chair Thomas Hoenig discuss Tom’s career as an economist, as Vice Chair of the FDIC, President of…
The Capitalism and Freedom in the Twenty-First Century PodcastGlobal Macro Investing And Geoeconomics With Hedge Fund Investor Kyle Bass | Hoover Institution
Hoover Institution fellow Jon Hartley and hedge fund investor Kyle Bass discuss Kyle’s career and upbringing, the 2000s housing crisis, the 2010s European…
The Capitalism and Freedom in the Twenty-First Century PodcastBanking Crises, Stablecoin Regulation, And Fed Policy With Randal Quarles
Jon Hartley and Randal Quarles discuss Randy’s career as a lawyer and in policy (including his time as Federal Reserve Vice Chair for Regulation) and topics…
The Capitalism and Freedom in the Twenty-First Century PodcastThe US Dollar And International Economics With Harvard’s Kenneth Rogoff
Jon Hartley and Kenneth Rogoff discuss Ken’s career as an academic economist, his time in international economic policy, rising sovereign debt burdens…
The Capitalism and Freedom in the Twenty-First Century PodcastFiscal Scoring with Congressional Budget Office Director Phillip Swagel
Jon Hartley and Phillip Swagel discuss Phill’s career as an academic economist, his time in economic policy, why the CBO is important in the budget policy…
The Capitalism and Freedom in the Twenty-First Century PodcastRevisiting Empirical Macroeconomics with Robert Barro (Harvard Economics Professor)
Jon Hartley and Robert Barro discuss Robert’s career in economics including his long list of famous students, and research on Ricardian equivalence, fiscal…
The Capitalism and Freedom in the Twenty-First Century PodcastThe Efficient Markets Hypothesis and Modern Finance with Nobel Prize Winner Eugene Fama
Jon Hartley and Eugene Fama discuss Gene’s career at the University of Chicago Booth School of Business since the 1960s and helping to start Dimensional Fund…
The Capitalism and Freedom in the Twenty-First Century PodcastMonetary Policy and the Indian Economy with Raghuram Rajan (former Governor of Reserve Bank of India)
Jon Hartley and Raghuram Rajan discuss Raghu’s research, his policy career including his time as the Governor of the Reserve Bank of India and the Chief…
The Capitalism and Freedom in the Twenty-First Century PodcastConsumer Sentiment, Junk Fees, Medical Debt, and the Future of Economic Policy with Neale Mahoney
Jon Hartley and Neale Mahoney (Stanford Economics Professor) discuss Neale’s career, Neale’s research on consumer sentiment, junk fees, and medical debt, as…
The Capitalism and Freedom in the Twenty-First Century PodcastUS Monetary Policy, Inflation, and Labor Markets with Adriana Kugler (Federal Reserve Governor)
Jon Hartley and Federal Reserve Governor Adriana Kugler discuss the stance of monetary policy, the Federal Reserve balance sheet, the natural rate of interest…
The Capitalism and Freedom in the Twenty-First Century PodcastProductivity, Innovation, and the New American Golden Age with Joe Lonsdale
Jon Hartley and Joe Lonsdale discuss Joe’s career, co-founding Palantir, Addepar, and OpenGov, venture capital investing, defense tech, DOGE, Elon Musk…
The Capitalism and Freedom in the Twenty-First Century PodcastTariffs and US Trade Policy History with Douglas Irwin (Dartmouth Economics Professor)
Jon Hartley and Douglas Irwin discuss Doug’s career, the history of US trade policy, tariffs, globalization, the consumer and labor market effects of trade…
The Capitalism and Freedom in the Twenty-First Century PodcastMonetary Policy and Central Bank Targets with David Beckworth (Mercatus Senior Research Fellow)
Jon Hartley and David Beckworth discuss David’s career, monetary policy, the history of Nominal GDP targeting as an idea along with its benefits and…
The Capitalism and Freedom in the Twenty-First Century PodcastBlack-Scholes Options Pricing Model And Financial Economics With Nobel Prize Winner Myron Scholes
Jon Hartley and Myron Scholes discuss Myron’s career, including being at the University of Chicago at the dawn of financial economics as a field, how Myron met…
The Capitalism and Freedom in the Twenty-First Century PodcastAI, Tech, Industrial Policy and Baby Equities with Brad Gerstner (Altimeter Capital Founder and CEO)
Jon Hartley and Brad Gerstner discuss Brad’s career, free markets, investing in technology, industrial policy, the CHIPS and Science Act, and baby equity…
The Capitalism and Freedom in the Twenty-First Century PodcastThe Federal Reserve: Recent History & Monetary Policy with Former St. Louis Fed President James Bullard
Jon Hartley and James Bullard discuss Bullard’s career in monetary policy, the history of the St. Louis Fed, serving on the FOMC during the Bernanke, Yellen…
The Capitalism and Freedom in the Twenty-First Century PodcastEconomic Growth, De-Population, and Macroeconomics with UPenn Econ Professor Jesus Fernández-Villaverde
Jon Hartley and Jesus Fernandez-Villaverde discuss Jesus’s career, schools of economic thought and the role of institutions in economic history, economic…
The Capitalism and Freedom in the Twenty-First Century PodcastThe Early 2020s: Former World Bank President David Malpass on COVID, Inflation, China, and Climate
Jon Hartley and David Malpass discuss David’s career, and his service in government, including his time as president of the World Bank Group. They also discuss…
The Capitalism and Freedom in the Twenty-First Century PodcastFormer Fed Vice Chair Richard Clarida Talks Pandemic Monetary Policy and Inflation
Jon Hartley and Richard Clarida discuss the latter’’s career, academic contributions and government service, including his time as vice chair of the Federal…
The Capitalism and Freedom in the Twenty-First Century PodcastEdward Glaeser on Zoning, Land Use Regulation, and Urban Economics
Jon Hartley and Edward Glaeser discuss the latter’s seminal work on urban economics, zoning, land use regulation, and economic growth. They also discuss…
The Capitalism and Freedom in the Twenty-First Century PodcastSteven Davis (Hoover Institution) on Job Flows, Policy Uncertainty and Work From Home
Jon Hartley and Steven Davis discuss Steven’s research career and seminal work on job flows, including the legacy of his classic book Job Creation and…
The Capitalism and Freedom in the Twenty-First Century PodcastBob Litterman (Kepos Capital) on Quantitative Investing, Liquidity Risk and Climate Policy
Bob and Jon discuss Bob’s role in the history of the development of quantitative finance at Goldman Sachs, including his seminal work with Fischer Black, along…
The Capitalism and Freedom in the Twenty-First Century PodcastGreg Mankiw (Harvard Econ Prof) on New Keynesian Macro, Growth and Econ Policy
Greg and Jon discuss Greg’s career and main contributions to economics. This includes the development and limitations of New Keynesian models in the 1980s and…
The Capitalism and Freedom in the Twenty-First Century PodcastDaron Acemoglu (MIT Economics Prof) on Institutions, Economic Growth, and AI
Daron Acemoglu and Jon Hartley discuss Daron’s career and main contributions to economics, including the study of institutions as a fundamental contributor to…
The Capitalism and Freedom in the Twenty-First Century PodcastEconomic Growth, Macro-Models, and a Move to the Hoover Institution
Jon Hartley and John Cochrane introduce the Capitalism and Freedom in the 21st Century podcast to the Hoover audience. They speak on a number of topics…
The Capitalism and Freedom in the Twenty-First Century PodcastPeter Ireland (Boston College Econ Prof) on Monetary Policy, Monetarism and New Keynesian Models
Peter Ireland (Boston College Economics Professor) joins the podcast to discuss his career as a monetary economist, his views on the history of monetarism, New…
The Capitalism and Freedom in the Twenty-First Century PodcastDani Rodrik (Harvard Kennedy School Economics Professor) on Industrial Policy, Globalization and His Career
Dani Rodrik (Harvard Kennedy School Economics Professor) joins the podcast to discuss his career, the best case for industrial policy, the labor market effects…
The Capitalism and Freedom in the Twenty-First Century PodcastSteven D. Levitt (Freakonomics co-author and U Chicago Econ Prof) on His Career and Decision to Retire From Academic Economics
Steven D. Levitt (Freakonomics co-author and University of Chicago Economics Professor) joins the podcast to discuss his career, including being an early…
The Capitalism and Freedom in the Twenty-First Century PodcastLarry Summers (Harvard Economics Professor) on His Career In Academic Economics, Government, University Leadership and Corporate America
Larry Summers, Harvard economics professor and 71st US Secretary of the Treasury, joins the podcast for an in-depth discussion of his career at the highest…
The Capitalism and Freedom in the Twenty-First Century PodcastDoug Ducey (Former Arizona Governor) on Passing Universal School Choice and Universal Licensing Recognition
Doug Ducey, 23rd Governor of Arizona, joins the podcast to discuss how he made Arizona the first state to pass Universal School Choice and Universal Licensing…