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    Government

    The Permanent Problem

    In dozens of provocative essays published on his Substack and cross-posted here, Brink Lindsey has explored what John Maynard Keynes called humanity’s “permanent problem:” the quest to “live wisely and agreeably and well” with the vast resources and powers that capitalist prosperity has bestowed upon us. That quest, unfortunately, has gone awry in the 21st century.

    In Lindsey’s analysis, capitalism is now experiencing a “triple crisis”: a crisis of dynamism, as economic and technological progress had slowed; a crisis of inclusion, as a deep new class divide has opened up along educational lines; and a crisis of politics, our best hope for addressing the other two crises, as the values, norms, and institutions of liberal democracy are now embattled around the world.

    Beginning in January 2024, Lindsey started the Permanent Problem podcast to supplement his ongoing essay series. The podcast focuses on capitalism’s triple crisis – and especially on the prospects for defusing the crisis and revitalizing social progress.

    Brink Lindsey, the podcast host, is a senior vice president at the Niskanen Center. You can access his essays on “The Permanent Problem” on his Substack and here.

    You can find all episodes of the podcast on his Substack, here, Spotify, Stitcher, or wherever you listen to your podcasts.

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    Latest Episodes:
    The prehistory, present, and future of abundance, with Steve Teles Jun 12, 2025
    Show notes

    Ezra Klein and Derek Thompson's bestselling new book Abundance has kicked off a new political movement -- and a vigorous internal debate on the future of the Democratic Party. Many of the policy ideas behind Abundance were developed at the Niskanen Center, recently described in The Atlantic as "the closest thing to an institutional home for the abundance agenda." On this episode of The Permanent Problem podcast, host Brink Lindsey welcomes Steve Teles, a political scientist at the Johns Hopkins University and a senior fellow at Niskanen, to discuss the prehistory, present, and future of the abundance movement. They review the intellectual backstory of the movement, explain how abundance ideas transcend the traditional left-right divide, dig into the current infighting among Democrats, and look forward to possibilities for an abundance faction on the right.


    Christianity and democracy, with Jonathan Rauch Apr 23, 2025
    Show notes

    While the formal separation of church and state is a vital element of America's constitutional order, the success of our long-running experiment in self-government has always depended on a healthy interdependence between republican freedom and religious faith. So argues Jonathan Rauch in his new book Cross Purposes: Christianity's Broken Bargain with Democracy. "In American civic life, Christianity is a load-bearing wall," writes. "When it buckles, all the institutions around it come under stress, and some of them buckle, too."

    On this episode of The Permanent Problem podcast, Rauch joins host Brink Lindsey to discuss secularization and the rapid decline of organized Christianity in recent decades -- in Rauch's words, the combination of "thin Christianity" in the mainline denominations and increasingly "sharp Christianity" among self-described evangelicals. They examine the underlying causes of these developments, how they stoke polarization and undermine democratic values and institutions, and what a healthier "thick Christianity" might look like.


    Symbolic Capitalists and "Awokenings", with Musa al-Gharbi Feb 19, 2025
    Show notes

    The rightward shift in public opinion that carried Donald Trump back into the White House is being widely interpreted as a backlash against the "Great Awokening" of the past decade -- a surge in radical progressive activism around social justice issues that featured a number of extreme and unpopular positions ("defund the police," "abolish ICE," support for Hamas after the October 7 attacks, etc.). In his new book We Have Never Been Woke, Stony Brook University sociologist and Niskanen Center senior fellow Musa al-Gharbi argues that this is only the latest in a series of "awokenings" over the past century. In each case, he contends, the focus was more on competition within the growing ranks of "social capitalists" (i.e., knowledge workers) than on the plight of the poor and marginalized -- and the net impact consisted more in stoking backlash than in actually driving progress. On this episode of The Permanent Problem podcast, host Brink Lindsey sits down with al-Gharbi to discuss his new book, reviewing the rise of "symbolic capitalists" to economic and cultural dominance and analyzing the dynamics that have led to the poisonous politics of the present day.


    Abundance and collapse, with Eli Dourado Jul 16, 2024
    Show notes

    A new movement is taking shape around the idea of restoring "abundance." Uniting thinkers from across the political spectrum -- including "supply-side progressives," "conservative futurists," and "state capacity libertarians" -- the movement aims to jump-start technological and economic progress by removing artificial constraints on supply and improving the quality of government. On this episode of The Permanent Problem podcast, Brink Lindsey interviews a leading analyst and advocate of abundance: Eli Dourado, chief economist at the new Abundance Institute and an expert on policy barriers to the emergence of new technologies. Discussing the "great stagnation" in productivity growth, Lindsey and Dourado focus on how most of productivity growth occurs outside the R&D lab, and how therefore broad institutional and cultural factors weigh heavily in determining an economy's overall vitality. Sharing an interest in the work of anthropologist Joseph Tainter, a leading theorist of civilizational collapse, the two also discuss our modern technological civilization's vulnerability to decline and cataclysm -- and how an abundance agenda can reduce that vulnerability.


    Decoding the birth rate decline, with Tim Carney May 06, 2024
    Show notes

    Birth rates are plummeting around the globe, as half the world's population now lives in countries with sub-replacement fertility rates. Total population is already falling in Japan, Italy, and China, and global population decline looks likely to begin within a few decades. Yet as American Enterprise Institute senior fellow Tim Carney points out in his new book Family Unfriendly, the United States bucked these worldwide trends until relatively recently. As of 2007, the U.S. was above replacement fertility and even trending upwards, but since then births have fallen off sharply.

    On this episode of the Permanent Problem podcast, Tim Carney joins host Brink Lindsey to discuss why low fertility and population decline are problems worth worrying about, examine the social and cultural trends that are pushing us away from parenthood and family, and take a look at the exceptional places that continue to embrace big families for clues as to how things might turn around.


    Giving gender equality a modern context, with Richard Reeves Apr 08, 2024
    Show notes

    Rethinking our vision for the future, with Virginia Postrel Mar 06, 2024
    Show notes

    What determines our visions of the future, and how those visions change over time? How is politics shaped by conflicting visions of the future? What did the old mid-century vision of a Jetsons-style future get wrong -- and what did it get right that we are now struggling to rediscover? What are the roots of technological pessimism, and how can we encourage the growth of a culture that valorizes scientific and technological advance? On this episode of The Permanent Problem podcast, author Virginia Postrel (The Future and Its Enemies, The Fabric of Civilization, and more) joins the Niskanen Center's Brink Lindsey to discuss the ongoing and ever-changing struggle between the forces and champions of dynamism and progress and those that favor the status quo or an imagined past.


    How to create the sci-fi world we were promised, with James Pethokoukis Feb 06, 2024
    Show notes

    "We wanted flying cars, instead we got 140 characters." Peter Thiel's famous complaint hearkens back to the middle of the 20th century, when high economic growth seemed unstoppable and the future was filled with visions of moon bases, nuclear energy too cheap to meter, and yes flying cars. But in the 1970s, economic growth slowed down and the future suddenly darkened, now menaced by threats of overpopulation and runaway pollution. Except for a few brief years during the internet boom of the 1990s, the old dynamism and optimism have never returned. In his new book The Conservative Futurist, American Enterprise Institute scholar James Pethokoukis investigates what he calls the "Great Downshift" of the past half-century - and surveys the hopeful evidence that a new burst of technological and economic innovation may be in the offing. Pethokoukis joins Brink Lindsey to discuss the book, review what's gone wrong in both public policy and the broader culture, and explore (in the words of the book's subtitle) "how to create the sci-fi world we were promised."


    Reviving capitalist dynamism, with Tyler Cowen Jan 04, 2024
    Show notes

    Is the "great stagnation" in innovation and economic growth really over? What new technologies on the horizon are most likely to reviving broader dynamism? Does the global spread of low fertility mean that our escape from stagnation is only temporary? On this initial episode of the Permanent Problem podcast, economist and polymath Tyler Cowen joins the Niskanen Center's Brink Lindsey for a wide-ranging discussion that traces Cowen's intellectual development, assesses the prospects for a revival of capitalist dynamism and the obstacles that might short-circuit it, and delves into the growing gap between material prosperity and human flourishing.


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