June 9, 2023 Reading Time: < 1 minute

Karl Marx’s theories sparked the Russian Revolution in 1917. His communist ideology was foundational to the USSR, and other oppressive regimes, which led to the state murder of hundreds of millions of people. Yet despite the 20th century Marxist democide, Marx remains one of the most popular so-called intellectual figures of the last century, up to this day. “Appearing in 3,856 syllabi as of 2015, Marx’s Communist Manifesto is consistently among the most frequently assigned texts in American college classrooms.”

But what if the Russian Revolution had never happened? Would anyone today even know who Karl Marx was? And is there a way to measure that empirically?

Phillip Magness, the director of research and education at AIER and his colleague Michael Makovi set out to do just that. What did they discover? In this episode of Liberty Curious, you are going to find out.

Phillip W. Magness

Phil Magness

Phillip W. Magness works at the Independent Institute. He was formerly the Senior Research Faculty and F.A. Hayek Chair in Economics and Economic History at the American Institute for Economic Research. He holds a PhD and MPP from George Mason University’s School of Public Policy, and a BA from the University of St. Thomas (Houston). Prior to joining AIER, Dr. Magness spent over a decade teaching public policy, economics, and international trade at institutions including American University, George Mason University, and Berry College. Magness’s work encompasses the economic history of the United States and Atlantic world, with specializations in the economic dimensions of slavery and racial discrimination, the history of taxation, and measurements of economic inequality over time. He also maintains an active research interest in higher education policy and the history of economic thought. His work has appeared in scholarly outlets including the Journal of Political Economy, the Economic Journal, Economic Inquiry, and the Journal of Business Ethics. In addition to his scholarship, Magness’s popular writings have appeared in numerous venues including the Wall Street Journal, the New York Times, Newsweek, Politico, Reason, National Review, and the Chronicle of Higher Education.

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Kate Wand

Kate Wand is a content creator. Her focus is social commentary and filmmaking. She is the host of AIER’s Liberty Curious podcast.

You can follow her on Twitter @katewand.

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