Joseph Conrad's Nostromo, widely considered his masterpiece, follows a fictional Latin American country torn apart by corruption and its uneasy dependence on foreign capital. Tyler and Richard Hanania picked it hoping to talk about something other than politics — a bit ironic, given Hanania's new book, Kakistocracy: Why Populism Ends in Disaster, is all about the stupidity of current politics. From early on, the two see the novel quite differently: Is its hero a rotten fraud or a flawed but decent man? Is Conrad quietly a classical liberal, or a tragedian who thinks every political ideology curdles into "folly and murder"? Is comparing regimes even the right way to read him at all? The first half of the conversation stays close to the text, covering the novel's political backdrop, its deliberately scrambled timeline, the near-total absence of religion in Conrad's universe, Nostromo's own vanity and treatment of women, a close reading of the "folly and murder" passage, the Fredric Jameson claim that no Latin American author could have written this book, and their very different research methods for preparing. Then the conversation opens outward, moving through why Latin America has unusually high crime despite not being especially poor, Panama's surprising success story, Shakespeare's objective greatness, the state of media criticism after the AI boom, who on the populist right is actually worth reading, why conservative women hug and liberal women shake hands, what Hanania wants to write and learn next, and more. Read a <a href= "https://conversationswithtyler.com/episodes/richard-hanania/">transcript</a> enhanced with helpful links, or watch the <a href= "https://youtu.be/txDPOpbdK5c">full video</a> on YouTube. Recorded June 16th, 2026. Other ways to connect <ul class="dIYekRGT_0ZS9Tag_LeS"> <li class= "e-10750-text encore-text-body-medium encore-internal-color-text-subdued _G3k1eIg6LFgvvq0Lxhg" data-encore-id="text">Follow us on <a href= "https://x.com/cowenconvos">X</a> and <a href= "https://www.instagram.com/cowenconvos/?hl=en">Instagram</a></li> <li class= "e-10750-text encore-text-body-medium encore-internal-color-text-subdued _G3k1eIg6LFgvvq0Lxhg" data-encore-id="text">Follow <a href= "https://x.com/tylercowen">Tyler</a> on X</li> <li class= "e-10750-text encore-text-body-medium encore-internal-color-text-subdued _G3k1eIg6LFgvvq0Lxhg" data-encore-id="text">Follow <a href= "https://x.com/RichardHanania">Richard</a> on X</li> <li class= "e-10750-text encore-text-body-medium encore-internal-color-text-subdued _G3k1eIg6LFgvvq0Lxhg" data-encore-id="text"><a href= "https://mercatus.tfaforms.net/5060931">Sign up for our newsletter</a></li> <li class= "e-10750-text encore-text-body-medium encore-internal-color-text-subdued _G3k1eIg6LFgvvq0Lxhg" data-encore-id="text">Join our <a href= "https://discord.com/invite/JAVWP7vTxt">Discord</a></li> <li class= "e-10750-text encore-text-body-medium encore-internal-color-text-subdued _G3k1eIg6LFgvvq0Lxhg" data-encore-id="text">Email us: <a href= "mailto:cowenconvos@mercatus.gmu.edu">cowenconvos@mercatus.gmu.edu</a> </li> <li class= "e-10750-text encore-text-body-medium encore-internal-color-text-subdued _G3k1eIg6LFgvvq0Lxhg" data-encore-id="text">Learn more about Conversations with Tyler and other Mercatus Center podcasts <a href= "https://www.mercatus.org/podcasts">here</a>.</li> </ul> Timestamps: 00:00:00 - Intro 00:01:18 - On the context of Nostromo 00:23:32 - On Nostromo's scrambled timeline 00:24:59 - On the absence of religion in Nostromo 00:27:15 - On romanticizing politics 00:30:14 - On writing about Latin America 00:34:18 - On reading Conrad's works 00:39:01 - On crime in Latin America 00:44:10 - On Shakespeare's objective greatness 00:49:05 - On the media after the AI boom 00:51:16 - On populism 01:00:00 - On what's next 01:02:30 - Outro

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Richard Hanania on Conrad's Nostromo, Latin American Crime, and Populism

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