The one-hour video of my lecture is at the Atlas Society site and at YouTube. The lecture starts at 3:40, after the introduction, and is about 45 minutes long, followed by a question-and-answer session. The sub-topics are: * 13 initial arguments for liberal capitalism. * Some quotations from Mises, Schumpeter, Jouvenel, Smith, Hayek, Mill, Rand, […]
What makes liberal capitalism good? Here is a flowchart I’ve developed for use in some upcoming talks. The chart diagrams the positive claims about liberal capitalism by its defenders — John Locke, Adam Smith, John Stuart Mill, Ludwig von Mises, Ayn Rand, Friedrich Hayek, Milton Friedman, and others. Click on the image for full size
Justifying liberal capitalism Read More »
I was surprised by this from Lanny Ebenstein’s biography, Milton Friedman: “Neither historically nor in his time to the present has the political orientation of Chicago’s Department of Economics been mostly free market. In a 1991 article on Laughlin, the first head of economics at Chicago, Friedman writes that the department had always had ‘prominent
Chicago’s free-market reputation Read More »
Part of a work-in-progress in philosophy of economics, here is the video of a seminar I led on “Economics as a Value Science.” Part of my argument is that there is a large, problematic gap in economic theory about the relationship between economic facts and economic values. Along the way I discuss Friedrich Hayek, David
Seminar on “Economics as a Value Science” Read More »
One of my talks at Francisco Marroquín University was on making sense of our mixed economy–an unwieldy combination of market and socialist elements. The 28-minute talk integrates themes from my intellectual heroes–Smith, Mill, Mises, Hayek, Rand, Popper, Friedman, Buchanan, and Tullock–and connects market economics, politics, ethics, history, and public choice to explaining our semi-coherent mixed
Seminar: Philosophy and the Evolution of the Mixed Economy Read More »
From November 3 to 6, I will be giving an invited series of lectures and seminars (nine hours worth of them!) at the Francisco Marroquín University in Guatemala. My general themes will be entrepreneurship, ethics, philosophy, and political economy. The times titles of my various talks are as follows. Open Lecture (Thursday, November 3): “Entrepreneurs
My upcoming lectures at Universidad Francisco Marroquín Read More »
Douglas Den Uyl spoke at Rockford College on four competing (and/or compatible?) theories of the nature of capitalism: Milton Friedman’s “Utility” account, Friedrich Hayek’s “Epistemic” account, Adam Smith’s “Aesthetic” account, and Ayn Rand’s “Self-Fulfillment” account. Here is my sixteen-minute interview with Dr. Den Uyl following his lecture: Part 1: Part 2: Cross-posted at the CEE
Interview with Douglas Den Uyl on “The Essence of Capitalism” Read More »
At the APEE conference next month in Las Vegas, I will be presenting “The Evolution of the Mixed Economy – A Schematic Approach.” My talk integrates themes from several major thinkers from whom I have learned a great deal: Adam Smith, Ludwig von Mises, Ayn Rand, Friedrich Hayek, Milton Friedman, James Buchanan, and Gordon Tullock.
APEE talk on the mixed economy Read More »