Niskanen’s Sam Hammond joins the Mercatus Center’s David Beckworth on the Macro Musings podcast to discuss his most recent paper, The Free Market Welfare State: Preserving Dynamism in a Volatile World,” along with some of his other research.

Also on this episode of Macro Musings: Sam and David also discuss the repercussions of the China shock, how to reform America’s welfare system, and the design characteristics that would define an ideal social insurance state.

Listen to the full episode below.

Related Links:

The Free-Market Welfare State: Preserving Dynamism in a Volatile World” by Sam Hammond

From Tiananmen to Outsourcing: the Effect of Rising Import Competition on Congressional Voting Towards China” by John Seungmin Kuk, Deborah Seligsohn, & Jiakun Jack Zhang

Populism and the Economics of Globalization” by Dani Rodrik

Food Stamp Entrepreneurs” by Gareth Olds

If You Want to Rebuild Civil Society, Don’t Abolish Welfare – Decentralize it” by Sam Hammond

Diversity and Crowd-Out: A Theory of Cold-glow Giving” by Daniel M. Hungerman

It Takes a Nation” by Rebecca Blank

Filthy Lucre: Economics for People Who Hate Capitalism” by Joseph Heath