Chris Coyne — 2023 Markets and Society Conference Keynote

On this episode of the Hayek Program Podcast, Chris Coyne delivers a keynote lecture at the 2023 Markets & Society conference on the foundations of peace. He contrasts “top-down” peacemaking driven by elites with “bottom-up” peacemaking that emerges from the everyday practices of ordinary people. Coyne argues that much of the social-scientific and policy conversation treats peace as a public good best supplied through state-intervention. He develops an alternative framework—pax hominem—that treats peace as an emergent, learned, and constantly renewed process. Drawing on mainline political economy and the work of Kenneth Boulding, Coyne shows how peaceful cooperation depends on local knowledge, social norms, and institutions that help people navigate conflict without violence across families, communities, and markets. Together, these insights point toward a research and policy agenda focused less on imposing order and more on creating space for self-governance and the bottom-up cultivation of peace. Dr. Christopher J. Coyne is Associate Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center and Professor of Economics at George Mason University. He has published numerous books, including How to Run Wars: A Confidential Playbook for the National Security Elite (Independent Institute, 2024), In Search of Monsters to Destroy: The Folly of American Empire and the Paths to Peace (Independent Institute, 2022), and Doing Bad by Doing Good: Why Humanitarian Action Fails (Stanford University Press, 2013). **This episode was recorded October 20, 2024. Show Notes: Kenneth Boulding’s book, Stable Peace (University of Texas Press, 1978) Elise Boulding’s book, Cultures of Peace (Syracuse University Press, 2000) James C. Scott’s book, Seeing Like a State (Yale University Press, 1999) Caroline Elkin’s book, Legacy of Violence: A History of the British Empire (Penguin Random House, 2023) James M. Buchanan’s Nobel Prize Lecture Elinor Ostrom et. al’s paper, “ Covenants with and without a Sword: Self-Governance Is Possible ” (APSR, 2013) Virgil storr et. al’s book, Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship (Palgrave Macmillan, 2015) Mikayla Novak’s book, Freedom in Contention: Social Movements and Liberal Political Economy (Bloomsbury Publishing, 2021) Virgil Storr and Ginny Choi’s book, Do Markets Corrupt Our Morals? (Palgrave Macmillan, 2019) If you like the show, please

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Chris Coyne — 2023 Markets and Society Conference Keynote is an episode from Hayek Program Podcast by Melody Hansen.

This episode is 41:37 long.

This episode was published on Feb 4, 2026.

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