Scholarly Comments on Academic Economics
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Econ Journal Watch Podcasts
The voice of Econ Journal Watch, EJW Audio is hosted by Lawrence H. White, a co-editor of EJW and professor of economics at George Mason University. In a typical EJW Audio podcast, Professor White and the author of a recent EJW article discuss that article and related issues.
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George Selgin discusses his book False Dawn: The New Deal and the Promise of Recovery, 1933–1947 (University of Chicago Press, 2025), which was treated to a review essay by Jason Taylor in the March 2025 issue of Econ Journal Watch. Download MP3By Econ Journal Watch
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George Selgin on the New Deal and Economic Recovery
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56:08George Selgin discusses his book False Dawn: The New Deal and the Promise of Recovery, 1933–1947 (University of Chicago Press, 2025), which was treated to a review essay by Jason Taylor in the March 2025 issue of Econ Journal Watch.By Econ Journal Watch
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Ivan Katchanovski on Maidan and Ukraine 2014
1:09:34
1:09:34
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1:09:34Professor Ivan Katchanovski discusses his article examining the Maidan massacre and the ouster of President Yanukovych in Ukraine in 2014. This interview is conducted by Professor Glenn Diesen and is available on YouTube with video and subtitles here.By Econ Journal Watch
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Jeffrey Sachs, An Established Anti-Establishment Economist
1:07:21
1:07:21
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1:07:21Professor Jeffrey Sachs of Columbia University is interviewed by Daniel Klein about being an economist, his favorite economists, his economist mentors, and his thoughts about the economics profession today. The conversation turns to his own ideological outlook and whether it has changed over the decades, and, then, to US foreign policy, particularl…
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Professor Jeffrey Sachs of Columbia University is interviewed about being an economist, his favorite economists, his economist mentors, and his thoughts about the economics profession today. The conversation turns to his own ideological outlook and whether it has changed over the decades, and, then, to US foreign policy, particularly with respect t…
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Drawing on his EJW article coauthored with Alejandro Goméz, Nicolás Cachanosky guides us through classical liberalism at work in Argentina from 1816 to 1884. The authors shall be bringing the Argentine story up to the present in a sequel that is forthcoming. Download MP3By Econ Journal Watch
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Nicolás Cachanosky on Liberalism in Argentina from 1816 to 1884
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44:13Drawing on his EJW article coauthored with Alejandro Goméz, Nicolás Cachanosky guides us through classical liberalism at work in Argentina from 1816 to 1884. The authors shall be bringing the Argentine story up to the present in a sequel that is forthcoming.By Econ Journal Watch
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Professor Glenn Diesen discusses Russophobia historically considered. He is the author of Russophobia: Propaganda in International Politics (2022). The discussion takes its point of departure with Richard Cobden’s “Cure for the Russo-phobia” pamphlet (1836), an abridged version of which is published in EJW. Download MP3…
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Glenn Diesen on Russophobia from Cobden’s Time to Today
1:08:00
1:08:00
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1:08:00Professor Glenn Diesen discusses Russophobia historically considered. He is the author of Russophobia: Propaganda in International Politics (2022). The discussion takes its point of departure with Richard Cobden’s “Cure for the Russo-phobia” pamphlet (1836), an abridged version of which is published in EJW.…
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Michael O’Connor on Sharpe Ratios and Investing
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38:53Michael O’Connor is interviewed by David Barker on O’Connor’s major critique of the use of Sharpe ratios in hypothesis testing and investing. O’Connor cautions against relying on Sharpe ratios when choosing investments.By Econ Journal Watch
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John Hand on McKinsey Studies on Executive Race/Ethnic Diversity
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41:37John Hand discusses his EJW article coauthored with Jeremiah Green, a quasi-replication of a series of studies by the consulting firm McKinsey, on firm performance and executive race/ethnic diversity. Green and Hand find no statistically significant relationship whereas the McKinsey studies find a positive relationship. Professor Hand is interviewe…
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Dan Klein on Classical Liberalism by Country: Lessons for Liberal Civic Virtue
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40:32Dan Klein tells of the EJW series Classical Liberalism by Country and draws lessons about liberal civic virtue. His remarks are based on a published Introduction to the project. The series is ongoing. All of the EJW articles are accessible here. Twenty-three of the articles were republished (often with postscripts added) in 2023 in three volumes by…
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Edwin van de Haar on the History of Classical Liberalism in the Netherlands
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56:13Edwin van de Haar discusses the classical liberal movements in the Netherlands from the Dutch Golden Age, through the 18th, 19th, and 20th centuries, and down to today. His discussion is based on his EJW article, which extends the Classical Liberalism in Econ, by Country series.By Econ Journal Watch
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Paul Robinson is the author of Russian Liberalism, published by Northern Illinois University Press, due September 2023. Robinson is Professor at the Graduate School of Public and International Affairs, University of Ottawa. In the podcast, Professor Robinson also refers to his previous book Russian Conservatism, published 2019 by Northern Illinois …
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Vlad Tarko and Radu Nechita on Liberalism in Romania, 1829 to 2023
1:07:38
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1:07:38Vlad Tarko and Radu Nechita discuss their EJW article on liberalism in Romania, which is the latest contribution to the Classical Liberalism in Econ, by Country series.By Econ Journal Watch
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Sheilagh Ogilvie on 900 Years of European Guilds
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54:30Sheilagh Ogilvie, the Chicele Professor of Economic History at the University of Oxford, explains European guilds from 1000 to 1900. The topic relates to EJW’s publication of Vincent Gournay’s 1753 memorials against the exclusionary privileges enjoyed by guilds in Lyon, a 1758 squib against barber privileges in Edinburgh, as well as numerous items …
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Art Carden discusses his EJW article with Phil Magness vindicating William H. Hutt from “racism”/“white supremacism” charges leveled by William Darity, M’Balou Camara, and Nancy MacLean.By Econ Journal Watch
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David Barker on Temperature and Economic Growth
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25:25David Barker criticizes the article in Journal of Money, Credit, and Banking, by Federal Reserve researchers, which concluded that climate change would have a large economic impact. Barker’s critique appeared in the September 2022 issue of EJW.By Econ Journal Watch
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Eva Forslund and Magnus Henrekson on English vs. the Native Language
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44:52Illustrating with Sweden and economics, Eva Forslund and Magnus Henrekson explore the pull toward using English in academics, and the downsides, based on their EJW article from September 2022.By Econ Journal Watch
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Drawing on his EJW article coauthored with Amelia Janaskie, Phil Magness criticizes Quinn Slobodian’s work on Ludwig von Mises and criticizes the Cambridge University Press journal Contemporary European History for failing to choose truth above falsehood.By Econ Journal Watch
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Michael Weissman on GREs in Physics Education Research
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1:01:28Michael Weissman, a physicist, criticizes three papers published in Physical Review Physics Education Research, based on his EJW article published in March 2022.By Econ Journal Watch
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Sebastián Rodríguez on Liberalism in Colombia
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51:45Sebastián Rodríguez discusses his article with Gilberto Ramírez on liberalism in Colombia, which is the 22nd article in the Classical Liberalism in Econ, by Country series.By Econ Journal Watch
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Dan Klein, in Praise of Ideological Openness
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38:52Echoing Gunnar Myrdal, Dan Klein praises ideological disclosure, viewing it as similar to the disclosure of vested interests. He shares survey results, published in The Independent Review, showing that most economists like it when an author tells where she is coming from. Klein draws also on an EJW article, featuring quotations from Myrdal, and an …
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Benoît Malbranque on Marquis D’Argenson and Liberal French Economic Thought circa 1750
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47:21
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47:21Benoît Malbranque discusses an early statement of the laissez-faire principle that emphasized the impossibility of the state gathering sufficient knowledge to improve the outcome of free trade enterprise. He links it to earlier and later intellectual developments in liberal economic thought. His EJW contribution discussed in this podcast appeared i…
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Jens Grandell on Liberalism in Finland in the Nineteenth Century
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44:35Jens Grandell discusses the rise of liberal ideas in Finland over the 19th century, and the role of language—Finnish versus Swedish—in making an independent country of Finland to stand against Russian hegemony. The conversation is based on Grandell’s article in EJW.By Econ Journal Watch
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Austin Sandler on Quality Control in Anthropometry
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31:43
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31:43Austin Sandler finds that an ill-founded rule is being mechanically applied in anthropometry to discard datasets, and he argues that it harms science and society. His EJW article discussed in this podcast appeared in the March 2021 issue.By Econ Journal Watch
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Enrique Guerra-Pujol on Adam Smith’s Love Life
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43:37Enrique Guerra-Pujol discusses the primary source evidence about Adam Smith’s love life, what to make of it, and why we care. The conversation is based on his EJW article “Adam Smith in Love.”By Econ Journal Watch
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Lucas Berlanza discusses the rich history of Brazil, its “patrimonial” politics, and its veins of liberalism, based on his EJW article “Liberalism in Brazil.”By Econ Journal Watch
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Scott Drylie on Scholarship on Adam Smith on Schooling and Government
1:22:03
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1:22:03Building on his EJW article, Scott Drylie reads Adam Smith on schooling and government, and the secondary literature. He challenges the orthodox view, which paints Smith as plainly favorable to government involvement in schooling.By Econ Journal Watch
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Karen Horn and Stefan Kolev on Menger vs. Schmoller
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1:05:02Karen Horn and Stefan Kolev led a group effort to produce the first-ever English translation of Carl Menger’s The Errors of Historicism in German Economics. Here, Horn and Kolev describe Menger’s conflict with Gustav Schmoller, leader of the Younger German Historical School—a conflict known as the Methodenstreit.…
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Arnold Kling on Why Edward Leamer Deserves a Nobel Prize
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33:39Arnold Kling is interviewed by econometrician Brendan Beare about his EJW article on the sage who took the con out of econometrics.By Econ Journal Watch
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Evan Osborne on Joan Robinson’s Little-Repented Maoism
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35:48
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35:48Evan Osborne discusses Joan Robinson’s communism and how it has been treated by scholars, based on his EJW article “Captive of One’s Own Theory: Joan Robinson and Maoist China.”By Econ Journal Watch
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Nicholas Curott on Bias in Money and Banking Textbooks
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58:20
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58:20Nicholas Curott discusses six leading undergraduate textbooks in money and banking, based on the thorough EJW article coauthored with Tyler Watts and Benjamin Thrasher. The authors find quite consistent government-cheerleading bias.By Econ Journal Watch
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Young Back Choi provides a crash course in Korean political history and the role of liberalism, up to the present, based on his EJW article coauthored with Yong Yoon.By Econ Journal Watch
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Martin van Staden on Classical Liberalism in South Africa
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1:13:07Martin van Staden, of the Free Market Foundation in Johannesburg, discusses his article on classical liberalism in South Africa during the period 1910–2019. He is interviewed by the Cato Institute’s Marian Tupy, a South African expat.By Econ Journal Watch
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Ron Michener on Why It’s Important to Get Colonial U.S. Monetary History Right
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1:05:50Ron Michener explains his belief that cliometricians are getting colonial money wrong, and in ways that prevent a proper understanding of the why the American colonies rebelled against England. The discussion is based on his EJW article that focuses on Farley Grubb’s article in the Journal of Economic History.…
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Patrick Mardini on the Political Economy of Lebanon
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37:25Patrick Mardini discusses the history of Lebanon and struggles for freer enterprise there, based on his article for the EJW series on Classical Liberalism in Econ, by Country. Dr. Mardini is now President of the Lebanese Institute for Market Studies.By Econ Journal Watch
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UCLA finance professor Ivo Welch discusses the prestigious journal that he founded and edits, Critical Finance Review, a journal of critical commentary in the scholarly field of finance.By Econ Journal Watch
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James Forder on Milton Friedman’s Early Work on Stabilization Policy
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40:09James Forder explains one of the reasons Milton Friedman received the Nobel prize: his early insight on the complexities of stabilization policy. The interview is based on Forder’s article coauthored with Hugo Monnery.By Econ Journal Watch
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Leo Krasnozhon discusses the history and current status of liberal currents in Ukraine, based on his EJW article with Mykola Bunyk.By Econ Journal Watch
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John Cairns on the 1758 Pamphlet about Hair-Cutting in Edinburgh
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40:19John W. Cairns of the University of Edinburgh discusses the remarkable pamphlet that in 1758 roasted barbers’ claim to an exclusive privilege to cut hair.By Econ Journal Watch
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Lanny Ebenstein on Hayek’s Personal Affairs
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51:56New light has been shed on Friedrich Hayek’s divorce and second marriage, his move to the United States, and his position at the University of Chicago. Lanny Ebenstein explains these matters and their interrelations, based on his EJW article.By Econ Journal Watch
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Dwight Lee on the Two Moralities and Teaching Econ 101
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32:24Dwight Lee discusses the ancestral band, Hayek’s two-worlds hypothesis, and teaching economics, based on his EJW article co-authored with J. R. Clark “Econ 101 Morality: The Amiable, the Mundane, and the Market.”By Econ Journal Watch
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Patricia Saenz-Armstrong on Economic Liberalism in Peru
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35:44Patricia Saenz-Armstrong describes “the other path” in Peru—the liberal path—following on her contribution to the Classical Liberalism in Econ, by Country series. She is interviewed by fellow Peru native and George Mason University professor Cesar Martinelli.By Econ Journal Watch
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Dan Sutter on U.S. Department of Energy Propaganda
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35:36Daniel Sutter discusses propagandistic research by DOE, regarding (1) how mindful Americans are about household energy efficiency and (2) justifications for mandating renewable fuels in electricity production, as treated in his EJW article.By Econ Journal Watch
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George DeMartino on Professional Economic Ethics
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50:29George DeMartino discusses the emergent field of professional economic ethics—its topics, themes, and numerous nudges for practitioners—as explored in The Oxford Handbook of Professional Economic Ethics (2016), edited by him and Deirdre McCloskey. The conversation relates to their reply to a review essay of the Handbook.…
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Erik Gustaf Geijer (1783–1847) is rediscovered with the new book Freedom in Sweden: Selected Works of Erik Gustaf Geijer (2017). The editor Björn Hasselgren here discusses Geijer’s life and works, including the wonderful “An Economic Dream,” reprinted in EJW.By Econ Journal Watch
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Drawing on his paper coauthored with Xingyuan Feng and Weisen Li, Evan Osborne discusses the history and current trends of liberal thought and policy reform in China.By Econ Journal Watch
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Jeffrey Rogers Hummel on Kenneth Rogoff’s “The Curse of Cash”
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47:54Jeff Hummel discusses Kenneth Rogoff’s The Curse of Cash. Hummel’s review of the book, along with a response from Rogoff, appeared in the May 2017 issue of EJW.By Econ Journal Watch
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Hannes Gissurarson on Liberalism in Iceland
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41:24Iceland’s leading liberal Hannes Gissurarson tells of the history of liberalism in Iceland in the nineteenth and twentieth centuries, based on his contribution to the series Classical Liberalism in Econ, by Country.By Econ Journal Watch
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