Michael Shermer sits down with economist and Franklin descendant Dr. Mark Skousen to explore the wit, wisdom, and modern relevance of Benjamin Franklin, the man who bridged science, politics, and philosophy like no other. Shermer and Skousen discuss Franklin’s contributions to science, moral philosophy, economics, and religious thought, while asking: What would Franklin make of today’s America—its economy, politics, and culture?

Mark Skousen holds the Doti-Spogli Chair of Free Enterprise at Chapman University. Known as “America’s Economist,” he is the editor of Forecasts & Strategies, an award winning investment newsletter, and producer of FreedomFest, “the world’s largest gathering of free minds.” He is the author of over 25 books, incl. his latest, The Greatest American: Benjamin Franklin, The World’s Most Versatile Genius.

The COVID-19 pandemic was a devastating global event, killing more than seven million people, straining the fabric of societies, and shaking the foundations of the world economy. And yet, as horrifying as the experience was, COVID-19 was not “The Big One” — the dreaded pandemic that haunts the nightmares of epidemiologists and public health officials everywhere. That far deadlier outbreak is still ahead of us, and it will reshape life across the planet unless we’re ready for it.

In this episode, Dr. Michael Osterholm, one of the world’s leading infectious disease experts, explains what we got wrong, what we got right, and what it all reveals about our preparedness for the next great pandemic.

Michael Osterholm is Regents Professor and McKnight Presidential Endowed Chair in Public Health at the University of Minnesota, where he founded and directs the Center for Infectious Disease Research and Policy (CIDRAP). An internationally renowned epidemiologist with fifty years of experience, he's led major outbreak investigations worldwide and authored over 350 papers. He served as a U.S. State Department science envoy from 2017-2019. His new book is The Big One: How We Must Prepare for Future Deadly Pandemics.

Common knowledge is necessary for coordination, for making arbitrary but complementary choices like driving on the right, using paper currency, and coalescing behind a political leader or movement. It’s also necessary for social coordination. Humans have a sixth sense for common knowledge, and we create it with signals like laughter, tears, blushing, eye contact, and blunt speech.

But people also go to great lengths to avoid common knowledge—to ensure that even if everyone knows something, they can’t know that everyone else knows they know it. And so we get rituals like benign hypocrisy, veiled bribes and threats, sexual innuendo, and pretending not to see the elephant in the room.

Pinker shows how the hidden logic of common knowledge can make sense of many of life’s enigmas: financial bubbles and crashes, revolutions that come out of nowhere, the posturing and pretense of diplomacy, the eruption of social media shaming mobs and academic cancel culture, the awkwardness of a first date.

Steven Pinker is the Johnstone Professor of Psychology at Harvard University. He is an elected member of the National Academy of Sciences, a two-time Pulitzer Prize finalist, and one of Time’s “100 Most Influential People in the World Today.” He has won many prizes for his teaching, his research on language, cognition, and social relations, and his twelve books. His new book is When Everyone Knows That Everyone Knows: Common Knowledge and the Mysteries of Money, Power, and Everyday Life.