• 00:00    |    
    Initial credits
  • 00:06    |    
    Student's approach
  • 01:16    |    
    Ayn Rand's approach to economics
    • Quotes n , Peter J. Boettke
    • Importance of Ayn Rand's narrative in the economic point of view of collectivism
    • Mankind's propensities
      • Propensity to truck, barter, and exchange (Adam Smith)
      • Propensity to rape, pillage and plunder
      • Role of institutions to guide people towards different propensities
  • 06:10    |    
    Relationship and integration between economics and philosophy
    • James M. Buchanan's contributions to constitutional political economy by the pre- and post-constitutional levels of analysis
    • Quotes n , David Schmidtz
    • Murray Rothbard's contributions to vision and analysis
  • 08:54    |    
    Quotes n , Christopher J. Coyne
  • 10:39    |    
    Contrast between the positivism philosophy of Ludwig von Mises and Milton Friedman
  • 11:11    |    
    Intervention of Christopher J. Coyne
  • 12:13    |    
    Collectivist position against individualism
  • Quotes n , Oscar Wilde
  • 14:28    |    
    Human flourishing idea in Ayn Rand's literature
  • 15:03    |    
    Ludwig von Mises's opposition to a sole agrarian economy
  • 16:28    |    
    Practicality of the means and ends in an economy
    • Role of happiness in human nature and the importance of the individual
    • Quotes, n , James M. Buchanan
    • Robert Nozick's experiment
    • Ayn Rand's pre-Benthamite philosophy
    • Utilitarian spirit of Ludwig von Mises and Friedrich A. Hayek
  • 26:19    |    
    Happiness economics study
    • Austrian view of happiness economics
    • Making people happy through a Hayekian view of constitutional liberty
    • Comparison between the economic and philosophical view of happinness and duty as the ultimate goal
    • Quotes n , Ludwig von Mises
    • Passionate example on the role of human duties
    • Everyday situation with trade-offs
    • The Matrix, an example of trade-offs in human nature and its development in society
    • Exclusion of trade-offs by the existance of an individual hierarchy of values
  • 41:55    |    
    Role of law in the modern social system
    • Similarities between law and economics
    • Richard Posner's opposition to the ideas of Friedrich A. Hayek
    • Pragmatism relationship between law and economics
    • Effects of constitutional constructivism and the role of liberty
  • 50:34    |    
    The system versus the individual experience
  • Quotes n , Ayn Rand
  • 53:04    |    
    Relationship between the amount of trade-offs and freedom available
  • 55:58    |    
    Lack of appeal of systems with no dominium nor discrimination
  • 57:44    |    
    Effects of the large scope of government in societies
    • Private neighborhood associations in the United States
    • Decline of the scope of government in order to achieve development
  • 01:01:49    |    
    Final words
  • 01:01:56    |    
    Final credits

Institutions, Human Action, and Public Policy (Part II)

New Media  | 06 de junio de 2011  | Vistas: 32

In the second part of this conference Peter Boettke has an interesting conversation with the attendees of the seminar. He discusses topics such as liberty, law, economics, and philosophy, based on the works of Ludwig von Mises, Ayn Rand, James M. Buchanan, and Murray Rothbard, amongst other personalities relevant to the Austrian School of Economics. Boettke explains the importance of values within every society in the development and growth processes in many different aspects. He tells about their interrelation and pragmatic characteristics, which cannot be separately explored. Happiness is one of the most important goals they approach, due to its significance from the liberal point of view. Both collective and individualistic systems are compared to determine which serves better to human beings, delimited mainly, by the human flourishing ideal.

Here you can see the video Institutions, Human Action, and Public Policy (Part I).


Peter Boettke is professor of economics at George Mason University, where…