On the second episode of Loose, Vague, and Indeterminate, I am accompanied in my hosting duties by Econ Society member George Minning as we interview Caleb Petitt.  Caleb is a fellow undergraduate at George Mason University who went on an exchange trip to Spain.  On that trip, he acquired one of the wildest stories you’ll ever hear about hitchhiking his way through Europe.

Inspired by Henry Hazlitt’s famous book, George, Caleb, and I teach economics in one lesson using the hitchhiking story.  We cover marginalism, subjectivism, state vs. private ownership, and much more.