Liberalism: What Does It Even MEAN? | Michael Munger & Kate Wand

On this episode of Liberty Curious, Kate Wand sat down with Michael Munger, economist and professor of political economy at Duke University, to discuss the Classical Liberal diaspora. Diaspora refers to the scattering of liberals ‘of the old type’; the remnant, the libertarians, and the classical liberals, whose message about liberty and limited government gets lost in a sea of tribal left vs. right politics. They discuss how progressives and conservatives are both convinced that their morality and vision for society is correct, and have no qualms about using the power of the state to impose it upon the rest of us. They get into details about the classical liberal tradition, how we got to where we are now, and the dangers of wielding the ring of power in our favour. *** Please note that the opinions expressed in this podcast are solely those of the host and her guests. They do not necessarily reflect the views of the American Institute for Economic Research. The content presented in this show is intended for educational purposes only, and should not be considered as financial advice. *** 0:00 - intro 1:30 - origins of Liberalism 4:00 - Progressivism 7:48 - Classical liberal diaspora 10:16 - Classical Liberalism in Politics 16:30 - The Reagan Administration 19:55 - Post 9-11 shifts 23:29 - Classical Liberals vs Libertarians 27:34 - Where Progressives & Conservatives Collide 30:19 - Limited Government 33:18 - American Erosion 39:02 - The Central Planning Allure 42:00 - Technocracy 45:00 - The Remnant vs. Fusionism 50:00 - The dangers of complacency 54:00 - an opportunity for classical liberalism 58:23 - Last thoughts Text on the Remnant: https://mises.org/library/isaiahs-job Michael Munger on Twitter: https://twitter.com/mungowitz Michael at AIER: https://www.aier.org/people/michael-munger/ aier.org/podcasts