326. Naomi Oreskes The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market

Published: Feb. 21, 2023, 8 a.m.

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Shermer and Oreskes discuss: the myth of market magic \\u2022 market fundamentalism \\u2022 market absolutism \\u2022 market essentialism \\u2022 capitalism and democracy \\u2022 well-regulated vs. poorly regulated capitalism \\u2022 U.S. Constitution and capitalism \\u2022 what the founding fathers believed about markets \\u2022 what Adam Smith really said about markets and capitalism and how economists rewrote Adam Smith \\u2022 why markets need regulation in the same way sports need rules and referees \\u2022 rhetorical fallacies of market fundamentalists \\u2022 child labor laws \\u2022 bank failures \\u2022 Sherman Anti-Trust Act of 1890 \\u2022 Ludwig von Mises, Friedrich Hayek, Milton Friedman \\u2022 religion and capitalism \\u2022 think tanks \\u2022 collective action problems.

Naomi Oreskes is Professor of the History of Science at Harvard University. Her opinion pieces have appeared in the New York Times, the Washington Post, the Los Angeles Times, and many other outlets. Her TED talk, \\u201cWhy We Should Trust Scientists,\\u201d was viewed more than a million times. Erik M. Conway is a historian of science and technology and works for the California Institute of Technology. He is the author of seven books and dozens of articles and essays. Their new book is The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market.

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