00:00    |    
Initial credits
00:06    |    
Quotes Not a Zero-Sum Game, Manuel F. Ayau
00:52    |    
Manuel F. Ayau's approach to economics
Economists view of the world in the 19th and 20th centuries
Intellectual curiosity
Mental discipline
04:24    |    
Manuel F. Ayau's mission
05:28    |    
Economic ignorance
07:05    |    
Ludwig von Mises
Abolishment of private property and equality debate
Irrationality of socialism
10:07    |    
Present value calculation 
Present value calculation under socialism
13:59    |    
Mercantilist dictatorship
15:25    |    
Political calculation
16:34    |    
Evolution of cellphones
19:08    |    
Benefits of social cooperation and the division of labor
Quotes Human Action, Ludwig von Mises
21:08    |    
Quotes The Origins of Totalitarism, Hannah Arendt
22:04    |    
Humanity in global commerce
Quotes Immanuel Kant
24:41    |    
Human propensities according to Thomas Hobbes
25:57    |    
Role of institutions
27:00    |    
Ultimate lesson of economics
28:12    |    
Benefits of material progress
The Dallas effect
Quotes Mikhail Sergeyevich Gorbachev
Quotes Guns, Germs, and Steel: The Fate of Human Societies, Jared M. Diamond
31:58    |    
Cohabitation rules
32:42    |    
Lesson from Western liberal thinking
34:13    |    
Question and answer period
What countries or what examples of these economies should we look up to follow?
Quotes How the West Grew Rich: The Economic Transformation of the Industrial World, Nathan Rosenberg and L. E.. Birdzell, Jr.
Do you think this model could be better applied if we had gold currency instead of paper?
Robust political economy of monetary policy
Impact of the Federal Reserve in monetary stability
Quotes John Maynard Keynes
What is a good policy? What does good economics mean?
Quotes Gary Becker
220 countries, 200 years, 4 minutes, Hans Roslings
Results from economic freedom
How does a country know which path to follow in order to become successful?
Public choice field
Global drug prohibition
Agricultural restrictions in the European Union
Economic freedom crusade
Do you think that the American economy has stalled and other economies are catching up?
Economic opportunities in the world
01:03:25    |    
Final words
01:04:01    |    
Final credits




Social Cooperation under the Division of Labor

04 de mayo de 2012   | Vistas: 6 |  

Peter Boettke begins by pointing out Manuel F. Ayau's noble life mission and the way he saw economics during his lifetime. He talks about the importance of institutions, such as private property in the process of achieving growth and prosperity. Further on, he comments on how socialism degrades the true essence of social cooperation and the division of labor by turning individuals against each other, and sustains that the system under which people live determines their opportunities for success, basing his affirmation in the enormous gap in living standards between Western and non-Western countries around the globe.

He speaks, as well, about the conditions that are necessary in order for a society to become wealthy, which ultimately converge into economic freedom. Finally, Boettke describes situations that have truncated current economic growth and stands out the necessary actions to fix the setbacks in the global economy to prevent them from reappearing.

Peter Boettke is professor of economics at George Mason University, where he also serves as vice president for research, BB&T…


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