01/24/2025
How should we approach the ethics of AI automation? Smith Alum Brian Kogelmann and Jeffrey Carroll argue that critiques must treat AI like past technologies, balancing concerns with transformative benefits through consistent policy evaluation.
The ethics of AI automation: the importance of treating like cases alike
Recent advances in artificial intelligence (AI) have raised the concern that several jobs will soon be automated. Many argue this forthcoming AI automation is morally problematic. We disagree. In this paper we argue that recent criticisms of AI automation are all subject to the same flaw: they fail....
01/23/2025
Are you an MBA student looking to make a profound impact in your organization and local communities? Check out the Mortimer J. Adler Fellowship in Transformative Business Leadership and apply by January 31, 2025.
Home | Adler Fellowship
The Mortimer J. Adler Fellowship cultivates business leaders who understand that meaningful leadership flows from character and purpose. As part of an extraordinary community of peers, you will be equipped to realize your full human potential, lead an integrated life, and create lasting positive cha...
01/23/2025
Our alumni highlight the invaluable benefits of the PhD Fellowship. Apply today! https://www.mercatus.org/students/phd-fellowship
01/22/2025
What fueled the "great enrichment"? On the latest episode of the , Deirdre McCloskey argues that liberal economic ideas drove unprecedented global prosperity and human flourishing.
Deirdre McCloskey — 2022 Markets and Society Conference Keynote
On this episode of the Hayek Program Podcast, Deirdre McCloskey delivers a keynote lecture at the 2022 Markets & So
01/22/2025
PhD Fellows collaborate with Hayek Program scholars like Peter J. Boettke, engaging in research and benefiting from mentorship to advance their academic careers.
Apply now to the PhD Fellowship! https://www.mercatus.org/students/phd-fellowship
01/22/2025
Don’t miss this opportunity!
George Mason University students pursuing a PhD in economics can apply by February 1st.
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01/20/2025
How do licensing laws impact military spouses’ careers? Shishir Shakya, Bastiat and Buchanan Alum Alicia Plemmons, and Conor Norris reveal how full licensing recognition boosts nurse employment near military bases, aiding families and healthcare access.
Military spouse licensing: a case study of registered nurses near military bases
Military families experience frequent moves, which poses significant challenges for career options for military spouses. One of the most common professions for military spouses is a registered nurse, which has state-level licensing requirements that add additional hurdles to continuing employment af...
01/20/2025
Learn more about our fellowships, which focus on policy analysis and policy-relevant academic research grounded in the Austrian, Virginia, and Bloomington schools of political economy.
https://www.mercatus.org/students/fellowships
01/17/2025
Apply now! Our fellowships provide training and support for students interested in political economy.
Learn more about our fellowships at https://www.mercatus.org/students/fellowships
01/16/2025
Vernon L. Smith emphasized the importance of rules as the framework within which individuals make decisions and interact in markets.
✍️ Vernon L. Smith, "Constructivist and Ecological Rationality in Economics," American Economic Review 93, no. 3 (2003): 500.
01/15/2025
PhD Fellows build the skills needed to pursue a prolific academic career.
Apply now: https://www.mercatus.org/students/phd-fellowship
01/14/2025
What lessons do classical liberals offer for managing defense and international relations? PhD Fellow Matthew A. Owens and PhD Alum Christopher J. Coyne examine the impacts of war and governance, outlining challenges for an effective interstate federalist system.
Interstate Federalism: Challenges from the History of Classical Liberalism
This chapter surveys the main ideas and tensions in the classical liberal treatment of defense, international relations, and war-making. This sets the stage for a discussion of the feasibility of interstate federalism by identifying key issues and challenges that such a system will need to address t...
01/13/2025
How can we solve the world’s toughest problems? PhD Alum Jordan K. Lofthouse and Leah Kral explore how polycentric governance fosters collaboration, resilience, and innovation to tackle challenges like disaster recovery and climate change.
A Polycentric Approach for Addressing Wicked Social Problems
Most social problems are “wicked”, meaning that they are highly complex, intractable, open-ended, and multi-dimensional. In wicked learning environments, information is ambiguous, feedback may be slow, or causes and effects are difficult to ascertain. Using the insights from the Bloomington scho...
01/10/2025
Apply now!
The PhD Fellowship is a competitive, full-time program for students pursuing a doctoral degree in economics at George Mason University.
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01/09/2025
Lachmann believed that economic analysis must be grounded in the subjective interpretations and expectations of individuals.
Ludwig Lachmann, Capital, Expectations, and the Market Process (Menlo Park, CA: Institute for Humane Studies, 1977), 170.
01/08/2025
The 2025 Markets & Society conference call for submissions is now open! Visit the conference website for more information.
🌐 https://www.marketsandsociety.org/conference
01/08/2025
How does classical liberalism intersect with feminist economics? On the latest episode of the , Mikayla Novak and Giandomenica Becchio explore gender roles, the "separate spheres" doctrine, and its ties to classical liberal thought.
Mikayla Novak and Giandomenica Becchio on Gender and the "Doctrine of Separate Spheres"
Mikayla Novak chats with Giandomenica Becchio on her latest book,
01/06/2025
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Academic & Student Programs
Academic & Student Programs For over 40 years, the Mercatus Center has recruited, trained, and supported graduate students who have gone on to pursue careers in academia, government, and public policy as well as supported scholars pursuing research on the cutting edge of academia. Find the right f...