Transcript
  • 00:01    |    
    Initial credits
  • 00:19    |    
    Introduction
  • 01:25    |    
    The 100-Mile Diet
  • Importance of exchange
  • 03:51    |    
    Impact of Milton Friedman on poverty in the world
  • 04:48    |    
    Historical employment in agriculture (1891-1995)
  • 06:09    |    
    Iron law of development
  • 08:51    |    
    Agricultural activity in Guatemala
  • 10:36    |    
    Historical employment after agriculture
  • 12:43    |    
    Connection to economic freedom
    • Real cost reduction
    • Genetically modified plants
    • Unemployment problems
    • Decrease in economic freedom
    • Agriculture's relation to economic freedom
    • Income per capita related to agricultural intensity
    • Economic freedom in the world
    • Importance of direct investment
    • Civil and political freedom
    • Incidence of freedom in corruption
    • Incidence of freedom in the life of people
  • 32:00    |    
    Measurement of economic freedom
  • Valid and transparent data
  • 37:49    |    
    Competition for economic freedom in the world
  • 39:34    |    
    Increase in productivity and trade of agriculture
  • Job diversification
  • 44:30    |    
    Reduction of economic freedom in the world
  • 48:10    |    
    Real cost reduction in the United States
  • 50:51    |    
    Role of the Government
  • Prevention of violence by the Government
  • 56:50    |    
    Importance of a country's education
    • Example: India's education
    • Illiteracy rate in Guatemala
    • Causes of social violence
  • 01:02:47    |    
    Economic freedom in Europe
  • 01:03:59    |    
    Top ten free countries in the world
  • 01:05:10    |    
    Final words
  • 01:05:16    |    
    Final credits


Economics of the 100-Mile Diet

New Media  | 05 de noviembre de 2010  | Vistas: 29

Michael A. Walker speaks about economic freedom and cost reduction in our economies. He begins by explaining the main disadvantages of the 100-Mile Diet that somehow restrict exchange and productivity. He explains how societies that migrate from an agricultural economy to a more industrial one have the opportunity of increasing the life quality of people and demonstrates his theory by using different charts and case studies. He explains how this transition allows a much more free society, which ultimately leads to a wealthier one. He describes how education has an important part in this elemental transformation and how real cost reduction will be facilitated by having literate people in every society.




Conferencista

Michael A. Walker es senior fellow en The Fraser Institute y…