For centuries economists and political philosophers have struggled to understand how prosperity can prevail in a society without tacit government intervention. Many of them, especially the classical liberals, have understood which basic elements are needed for individuals to live in a free society with the appropriate size and scope of institutions. In his presentation, Peter Boettke explains these issues and describes how wealth can be created using strategic rules, in order to allow entrepreneurship to flourish in a collective of people, such as countries. He describes the essential characteristics for achieving such a society, which tend to summarize in a highly regulated government. Boettke explains these ideas by pointing out that criminal organizations are likely to be successful because of their spontaneity and cooperation, clearly lacking a centralized government.