About this videoArthur A. Shenfield, renowned economist from Berkshire, England, highlights the moral foundations of a free economy. He analyzes some of the counterpoints made by opponents of free market economies and describes the institution of private property, which he explains is the foundation of true morality. He emphasizes the inequality of wealth distribution in other economic systems and his belief that all human beings want the freedom to be their own masters and to be able to choose for themselves. Dr. Shenfield explains some of the misunderstandings that lead to categorizing the free market system as egoistical, demonstrating that it is in fact built on strong moral foundations. |
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CreditsThe Moral Foundations of the Free Economy |