'Doing the Right Thing': Economics as a Moral Science with Erwin Dekker and Arjo Klamer

What should be the focus of economics as a science? Arjo Klamer, Professor of Cultural Economics at Erasmus University in Rotterdam, The Netherlands, believes that modern economics has developed a narrow scope, focusing too much on objectivity and the logic of markets. Erwin Dekker, a former Postdoctoral Fellow with the Hayek Program, sits down with Dr. Klamer to discuss his recent work, which seeks to restore economics as a moral science. Klamer also discusses his past work and its relationship with the work of other economists such as Deirdre McCloskey, F. A. Hayek, and Ludwig von Mises.