• 00:01    |    
    Initial credits
  • 20.5    |    
  • Overview
  • 01:47.5    |    
    Economics: Private and Public Choice
    • Motivation for writing the textbook
    • Fraser Institute conference about measuring economic freedom
  • 03:11    |    
    Measurement of economic freedom
    • Development of the project with Walter Block and Robert Lawson
      • Milton Friedman's influence
      • Concept of economic freedom
    • Economic Freedom of the World
      • Transparency and objectivity
      • Objective variables
      • Legal structure
  • 10:34    |    
    Relationship between economic freedom and economic growth
    • Free trade
    • Entrepreneurship
    • Capital formation
  • 15:41.5    |    
  • 17:34.5    |    
    Final words
  • 17:52.5    |    
    Final credits

The Importance of Economic Freedom for Economic Growth

New Media  | 02 de mayo de 2008  | Vistas: 1864

James D. Gwartney, Director of the Stavros Center for the Advancement of Free Enterprise and Economic Education at Florida State University, talks about measuring economic freedom and his participation and experiences in the Economic Freedom of the World project. Gwartney discusses interesting findings related to this index and how it all relates to economic growth. He emphasizes the positive relationship between economic freedom and economic growth as well as the importance of free trade, entrepreneurship, capital formation, and a legal system that can be counted on to protect property rights and enforce contracts.


James D. Gwartney is professor of economics and director of the…


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