00:00    |    
Initial credits
00:06    |    
00:48    |    
Intellectual heroes
02:06    |    
Current socioeconomic situation
Public choice
03:52    |    
Social agents
05:13    |    
Productive individuals
07:26    |    
Altruist individuals
09:10    |    
Predatory individuals
Predator strategy 1
Predator strategy 2
12:45    |    
James J. Hill: Railroad case
Public impact
Antitrust laws
17:39    |    
Unintended consequences of antipredation laws
18:18    |    
Self-defense of productive individuals
20:25    |    
Politicized economy
Governmental bribery
Increasing political power
Bureaucracy power
22:44    |    
Moral hazard
23:36    |    
Political corruption
23:49    |    
Regulatory capture
25:38    |    
Public choice terrain
26:32    |    
Evolution of the Mixed Economy chart
27:56    |    
Final credits




Philosophy and the Evolution of the Mixed Economy

05 de noviembre de 2011   | Vistas: 19 |   Capitalism Competition Corruption Ethics

Currently, the contemporary economic systems of different countries face a long time menace, which threatens their natural evolution. Stephen Hicks explains why markets ended up being captured by political processes in this context; also the reasons why different types of social agents and their interactions, led to this sort of relationship with governments. He tells how protective actions, towards individuals, resulted into predatory situations, as well as the relationship that private producers have been forced to develop with the welfare state; describing, in addition, the different types of hazardous scenarios that these associations produce, along with the effects they have on society.

Stephen Hicks is professor of philosophy and executive director of the Center for Ethics and Entrepreneurship at Rockford College. He…


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