Will Davies on the Economics, Economists, and the Limits of Neoliberalism

EconTalk

Library of Economics and Liberty

Economics, Social Sciences, Society & Culture, Education, Science, Books, Philosophy, History, Ethics, Courses, Business, Interviews

4.7 • 4.4K Ratings

🗓️ 7 March 2016

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Will Davies of Goldsmith's, University of London and author of The Limits of Neoliberalism talks with EconTalk host Russ Roberts about the ideas in his book. Davies argues that the free-market vision of economists like Milton Friedman and Friedrich Hayek has de-romanticized politics and ensconced competition at the heart of our economy and culture. Davies argues for the value of a completely different perspective and pushes for a reduction in the influence and status of economists as policymakers and influencers. Along the way he gives his perspective on the role of economists in the financial crisis and in antitrust policy.

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:09.2	I'm your host, Russ Roberts, of Stanford University's Hoover Institution.
0:13.7	Our website is econtalk.org where you can subscribe, comment on this podcast, and find
0:18.7	links and other information related to today's conversation.
0:21.7	You'll also find our archives where you can listen to every episode we've ever done
0:25.8	going back to 2006.
0:28.2	Our email address is mailadycontalk.org.
0:30.7	We'd love to hear from you.
0:32.5	Today is February 18, 2016, and my guest is William Davis.
0:40.2	He is a senior lecturer at Goldsmiths University of London and co-director of the Political
0:45.5	Economy Research Center there.
0:47.8	His latest book is The Limits of Neoliberalism, Authority, Sovereignty, and the Logic of Competition.
0:53.8	And I want to thank Listern Daren Gordon for suggesting this guest.
0:57.2	Bill, welcome to Econ Talk.
0:59.6	Thank you very much.
1:00.7	Let's start off by defining Neoliberalism.
1:03.3	What does that mean?
1:06.0	Neoliberalism is a term that attracts quite a lot of controversy because some people think
1:10.0	it's a term of abuse used by people on the left to attack those that they disagree with.
1:16.1	And they sort of, as if it used to dismiss capitalism or free markets or whatever it might
1:21.7	be.
1:22.7	But I try and use it in quite a specific way.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Library of Economics and Liberty, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Library of Economics and Liberty and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.