Pandemic Economics | Ryan Bourne (Economist)

Ryan Bourne is an economist and currently occupies the R. Evan Scharf Chair for the Public Understanding of Economics at Cato Institute. Before joining Cato, Ryan was head of public policy at the Institute of Economic Affairs and Head of economic research at the Centre for Policy Studies. He holds a Master's degree in Economics from the University of Cambridge. He is the author of the new book 'Economics in One Virus' which draws upon the dramatic events of 2020 to bring to life some of the most important principles of economic thought.  Links:  Find Ryan: www.cato.org/people/ryan-bourne Join our community: forms.gle/3gmq2WahzJZZ9Bny9 We were recently featured in the top 10 Utopia Podcasts in Feedspot! Check it out here: blog.feedspot.com/utopia_podcasts/  Instagram/Twitter: @utopiaisnow Timestamps: 0:00 - Introduction 2:22 - Who is an economist? What is their role in society? 5:02 - What does Ryan do and what motives him? 10:41 - What is Economics? 15:00 - A Glimpse of Insight into an Economic Way of Thinking 19:40 - Thinking on the Margins & Banning Things 25:00 - How to deal with Externalities? 32:38 - Economic way of thinking about Environmentalism 39:25 - Risks and Benefits of conforming to a Political Label & Ideological Framework 45:13 - What is Libertarian Economics? 49:07 - Moral Challenges against Libertarianism 58:53 - Information, Truth, Markets & Freedom 01:07:24 - Finance vs Economics 01:11:57 - GDP, Pandemic & Nature of our Economic System 01:18:09 - How to make better decisions & Ryan's Utopia Mentioned in this Episode: 1) Peter Joseph Boettke 2) The Institute of Economic Affairs 3) The Cato Institute 4) Andrew Mark Cuomo 5) Joseph Raymond McCarthy 6) Ronald Harry Coase 7) Susan Liautaud 8) Eduardo Hughes Galeano 9) Roman Krznaric 10) Adam M. Grant 11) Michael Joseph Sandel 12) John Stuart Mill 13) Elinor Claire 14) Niall Campbell Ferguson 15) Dwight David Eisenhower