Daniel Rothschild is the executive director of the Mercatus Center at George Mason University. Today, we talk about liberalism and institutions, whatever that means. After exploring their definitions, he talks to us about the role of each in society at the current moment, how this is a departure from the past, and potential paths forward. We also talk specifically about think tanks as an institution- both what they are and the role they play in upholding a liberal order.  Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.