Since October 7th, 2023, we have seen that ideas have consequences in the real world. Phillip Magness is an economic historian who specializes 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.
He joins Kate Wand on Liberty Curious to discuss his recent work on Critical Race Theory (CRT) and its proliferation in academia and the mainstream, and its connection to the far-left’s response to Hamas’ massacre of Israeli citizens. Phil Magness is Senior Research Faculty and F.A. Hayek Chair in Economics and Economic History at the American Institute for Economic Research.
Use these timestamps to navigate the interview content: 0:00 – Intro 1:35 – CRT in a nutshell 3:05 – CRT academics’ reactions to Oct 7 10:24 – Media spin 13:08 – Who is colonizing who? 17:07 – What is decolonization? 19:15 – The dangers of CRT in the real world 20:39 – The proliferation of CRT in academia 26:46 – Why are these ideas so seductive? 30:15 – Promises 33:07 – Silver linings? 37:20 – Last Thoughts
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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