EconTalk

• The Unusual World of Israeli Democracy (with Rachel Gur)

  Israel is the only democracy in the Middle East but it seems a lot more alien and chaotic than many of the older democracies of the West. Hear Rachel Gur of Reichman University explain to EconTalk's Russ Roberts how the Israeli political system works and sometimes, doesn't work. The conversation brings into relief the challenges all democracies face and the ways that political minorities can wield power or be ignored depending on the political rules of the game.

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• The Struggle That Shaped the Middle East (with James Barr)

  Until the end of WWI, the Middle East as we know it didn't exist. No Israel, Lebanon, Syria, Jordan, or Iraq. Instead, there was the Ottoman Empire, whose dissolution using an arbitrary line on a map set the region on a course of upheaval that's still with us. Listen as historian James Barr speaks with EconTalk's Russ Roberts about the 1916 Sykes-Picot Agreement, and how, in the century that followed, the machinations of the French, the British, and the local residents created the modern Middle East and affected the lives of millions.

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• Who Won the Socialist Calculation Debate (with Peter Boettke)

  For more than a century, some economists have insisted that central planning can outperform markets. Economists like Mises, Hayek, and Friedman disagreed. Who won this debate? Is it over? Does AI change how we should think about the power of planning? Listen as economist Peter Boettke of George Mason University discusses what is known as the "socialist calculation debate" with EconTalk's Russ Roberts.

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• Minimalists and Hoarders (with Michael Easter)

  Why do we buy stuff we don't need? Maybe for the same reason that some people can't stand stuff at all. Listen as author Michael Easter speaks with EconTalk's Russ Roberts about how two seemingly opposed approaches to our possessions--minimalism and hoarding--may stem from the same impulse to cope with uncertainty. They also discuss the downsides of minimalism and how to figure out whether we're really buying the right things.

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• Coase, the Rules of the Game, and the Costs of Perfection (with Daisy Christodoulou)

  Surely perfection is better than imperfection. But applying technology to improve decision-making can backfire. Listen as ed-tech innovator Daisy Christodoulou and EconTalk's Russ Roberts talk about the costs of seeking perfection when technology is used to improve refereeing in sports. They also talk about ways to embrace imperfection and how the economist Ronald Coase can help us understand the power of the rules of the game, both in sports and in life.

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