The Austrian Economics and the libertarian ideal: The nature and purposes of government

07 de agosto de 2001   | Vistas: 521 |  

About this video

The United States of America has come a long way since it declared its independence in 1776. On that date, Thomas Jefferson expressed the idea that man has been endowed with certain fundamental rights given by nature or God; rights that pre-exist government. Although this couldn’t be any clearer, people tend to wrongfully believe that their rights came from the government when they really weren’t. Jacob Hornberger uses this argument as a platform to state that the only role of government is the warranty of security and justice; hence, it is the population’s servant. Throughout this lecture, he marks the difference between pre-existing rights and the rights that have been invented in order to gain free education and healthcare – rights that go against nature and freedom. He expresses the need to restrict governmental power, supports the freedom of enterprise which is reflected on the amendments and suggests that it should be added to the Constitution in order for a country to really be free.


The Austrian Economics and the Libertarian Ideal: The Nature and Purposes of Government
Jacob G. Hornberger

Auditorio Friedrich A. Hayek
Universidad Francisco Marroquín
Guatemala, August 7, 2001

A New Media - UFM production. Copyright New Media/UFM, 2001
Video production: Pedro Pablo Quezada, D'Todo Producciones; digital production: New Media, UFM; encoding: Christian Van Der Henst; index: Inés Zuñiga; synopsis: Sebastian del Buey; synopsis reviser: Daphne Ortiz; GML: Fernando De León


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