• 00:01    |    
    Initial credits
  • 01:33    |    
    Presentation of Ruth Richardson
  • 02:16    |    
  • 10:10    |    
    Reform ambition
  • 13:00    |    
    History of New Zealand´s starting point
  • 19:25    |    
    The economic transformation
    • Most competitive country
    • Least corrupt and most free country
    • A deregulated labor market
  • 27:29    |    
    The combination of events that brought the reforming forces into play
  • 37:35    |    
    The two waves of the reform
  • 43:31    |    
    Labor´s initial push
  • 49:54    |    
    Policy framework
  • 53:00    |    
    Growing economy
  • 55:34    |    
    The key intellectual principles
  • 58:11    |    
    End of lecture
  • 59:06    |    
    Final credits

Economic Liberty

New Media  | 16 de junio de 1997  | Vistas: 2782

About this video

Ruth Richardson turns this lecture into a study of economic liberty and the success story that New Zealand, her native country, has become. She lists the events that brought the reforming forces into play and the two reform waves that took place: One in 1964 by the Labour government and the other in 1990 by the National government, when Richardson was Minister of Finance. She tells the story of how the idea of liberty was put into action – how interest controls were removed, how the income tax was slashed in favor of a goods-and-services tax, and how privatization took place, among others. She shares the key intellectual principles that aided in the transformation of this country and the economic growth that it had as consequence of the implementation of economic liberty.


Economic Liberty
Ruth Richardson

Friedrich A. Hayek Auditorium
Universidad Francisco Marroquín
Guatemala, June 16, 1997

Digitized by New Media - UFM. Guatemala, June 1997
Index: Inés Zúñiga; synopsis: Sebastian del Buey; synopsis reviser: Daphne Ortiz; GML: Pedro David España


Ruth Richardson is former minister of finance of New Zealand. She…


Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín