I couldn't help but think as I listened to this, what a great listen for a Saturday morning. After the introduction and listening to none other than Mike Munger, my second favourite living libertarian economist, I decided it was worth its own moment. Not to mention him using a quote from John Stuart Mill about lighthouses, and proving Mill wrong, and showing that lighthouses can be, and mostly were, built by a combination of market and societal forces, and government is only necessary to enforce contracts. So without further ado, welcome back to the Lighthouse, and please enjoy the guest speakers.
Capitalism, Government, and the Good Society
Videos, Multiple Guests
On April 10, 2013, Liberty Fund and Butler University sponsored a symposium, "Capitalism, Government, and the Good Society." The evening began with solo presentations by the three participants--Michael Munger of Duke University, Robert Skidelsky of the University of Warwick, and Richard Epstein of New York University. (Travel complications forced the fourth invited participant, James Galbraith of the University of Texas, to cancel.) Each speaker gave his own interpretation of the appropriate role for government in the economy and in our lives. This was followed by a lively conversation on the topic moderated byRuss Roberts of Stanford University, host of the weekly podcast, EconTalk.
We are also pleased to include the video of the symposium, available on youtube at EconStories.
https://www.youtube.com/embed/CODztzLQBfA?feature=player_embedded
Audio only: