About this episode

The episode features a discussion with Gene Epstein on the economic theories of Richard Cantillon and the importance of individual choice in understanding markets.

Gene Epstein served as economics editor of Barron's from 1993 to 2018, where his long-running Economic Beat column became required reading for anyone serious about understanding macroeconomics beyond slogans and political talking points. Throughout his career, Epstein challenged the assumptions behind monetary manipulation, deficit spending, regulation, and state “management” of markets, insisting that economic outcomes must be understood as the result of individual choice, incentives, and real-world constraints—not good intentions or bureaucratic planning.The conversation also explores Epstein’s role as founder and director of The Soho Forum, a debate platform that has become one of the few remaining venues for rigorous, civil, high-level disagreement on economics, liberty, and social policy. Epstein discusses why open debate matters, why bad ideas survive when they are not challenged, and how intellectual honesty—not consensus—is the engine of progress.This episode is a clear-eyed discussion about why markets work, why government intervention repeatedly fails, and why economic freedom is not merely efficient, but necessary for human flourishing.About Gene EpsteinGene Epstein…

People in this episode

Host: Michael Liebowitz

Guest: Gene Epstein

Topics covered

• economics
• individual choice
• government intervention
• open debate
• market efficiency
• intellectual honesty

Mentioned in this episode

Organizations: Barron's, The Soho Forum

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