F. A. Hayek Program for Advanced Study in Philosophy, Politics, & Economics

10/23/2026

Our fifth annual Markets & Society meeting will begin in a couple of hours! We begin tonight with Dr. Virgil Storr's keynote.

See you all tonight!!

https://www.marketsandsociety.org/conference

10/22/2026

📢📢 Volume 2, Issue 1 of the Markets & Society journal is out! 📢📢

As the United States celebrates its 250th anniversary, this issue brings together scholars from across disciplines to explore the American experiment with liberal democracy, what it has gotten right, where it has fallen short, and the challenges ahead.

Edited by Stefanie Haeffele and Jayme Lemke, this issue features contributions from Peter Boettke, Emily Chamlee-Wright, Richard Wagner, Randall Holcombe, Bobbi Herzberg, Jayme Lemke, Kristen Collins, Mikayla Novak, and Mercatus Fellowship alums Daniel Gibbs and Elizabeth Hemsley, among others!

From constitutional democracy and federalism to civil society, political accountability, and the ongoing struggle to expand liberty and political rights, there's plenty here to read, think about, and discuss.

Check out the full issue, available open access: https://www.marketsandsociety.org/2026-v2-i1-1

10/22/2026

The 2026-2027 Mercatus Fellowships are officially underway, and we're already in full swing! 🎉📚

Over the past several weeks, we've welcomed new and returning fellows to our intellectual community, kicked off our first colloquia, and brought fellows and Mercatus scholars together for what promises to be another exciting year of conversations about markets, liberty, and the ideas and institutions that shape our society.

We're excited for another year of learning from and alongside our fellows!

Interested in joining our intellectual community? Follow our page and keep an eye out for our 2027-2028 fellowship applications!

10/12/2026

"Humans are neither all angels nor all devils."

Elinor Ostrom's work challenged economists' previous ideas about sharing and cooperation.

Ostrom researched the commons, which are resources such as land, food or water shared by multiple people. Previous research said that resources held in common would eventually be depleted if there weren't rules in place to govern how they were managed. In contrast Ostrom showed that communities could self-manage such resources in a sustainable way.

Her work gives us hope that we can have a more sustainable future. She went on to be the first woman to be awarded the prize in economic sciences.

The 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel will be announced later today. Keep an eye on our social channels to find out the news.

10/05/2026

Congratulations to Hayek Program scholar Kristen Collins, who was selected as a 2026-2027 AIDC Community Fellow with Georgetown University's Initiative on Artificial Intelligence and Democratic Citizenship!

The inaugural cohort will take on a big question: What does it mean to exercise democratic judgment in the age of generative artificial intelligence?

https://aidc.georgetown.edu/news/georgetown-university-announces-2026-27-aidc-community-fellows/

09/21/2026

"As a new, liberal nation was being hatched on the Atlantic’s western shore, a new, liberal explanation of why Great Britain, the United States, and every other nation should largely ignore their own nationalities in matters of commerce was being published on the Atlantic’s eastern shore.

The truly liberal nation is one whose citizens—feeling no economic fear, jealousy, inferiority, or superiority to the peoples of other nations—are free and eager to engage commercially with foreigners no less than with one another."

—Don Boudreaux via The Independent Review

In the eighteenth century, of course, no intelligence was artificial; it was all natural. This natural intelligence was abundant and disproportionately

09/18/2026

On this episode, Peter Boettke & Rosolino Candela explore the science and art of economics.

Candela draws on his experience growing up in an immigrant family to discuss how it shaped his views on cultural integration in economics. He goes on to explore why he believes commerce creates peaceful, social interaction and how New York's cosmopolitan nature reinforced this view in his youth.

🎧 Tune in to the Hayek Program Podcast

In this episode of the Hayek Program Podcast, we'll hear part one of a conversation between Peter Boettke & Rosolino Cand

09/17/2026

How can Public Choice renew political economy?

In the second-part of his essay on the past, present, and future of Public Choice, Peter Boettke calls for an economics attentive to institutions, processes, and cultures of peace, drawing on Buchanan, Hayek, Ostrom, and Smith.

Read more here.

James Buchanan This is Part II of a two-part essay: The Past, Present, and Future of Public Choice: Part I The Past, Present, and Future of Public Choice: Part II As mentioned in the previous essay, the rise of Politics, Philosophy, and Economics (PPE) programs since 2013 has been significant, inclu...

09/16/2026

Nic Bewley discovered the Mercatus MA Fellowship after a career change brought him to Northern Virginia. With a background in financial management from Hillsdale College, Nic developed an interest in economics and was drawn to the fellowship’s focus on understanding the theories behind statistics, policy, and free markets.

Mercatus Alum Nic Bewley shares his Mercatus Fellowship Story.
https://loom.ly/qbaiIfI