(31:55) Hoover Institution fellow Michael Spence shares insights into the award-winning work of Paul Milgrom and Robert B. Wilson, whose discoveries were recognized today with the 2020 Nobel Prize in Economics.
With polls suggesting a Biden victory in November, Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane assess the impact of a change in power on US foreign policy. Their conclusion: not necessarily the same course as the previous Democratic administration—a new president perhaps more willing to use force.
Journalist and author Anne Applebaum talks about her book, Twilight of Democracy, with EconTalk host Russ Roberts. Applebaum discusses the rise of populist and nationalist movements in Eastern Europe as well as in the West, and the appeal of these movements even when they begin to erode or destroy democracy.