Hayek and the Free Market

Description

According to conventional wisdom, the 2008 financial crisis happened because markets were not regulated enough. But what if the opposite is true? What if excessive government meddling in business caused the crash? To better understand that avenue of thought, it's necessary to study the work of a classical liberal thinker whose reputation continues to grow, even in a post-crisis world that seems to place a premium on Keynesian solutions. Shot in London, Vienna, and across the U.S., this program looks at the extraordinary life and influence of the radical free-market economist Friedrich Hayek. Hearing from high-ranking bank officials, leading politicians, and a Nobel laureate about the development and implications of the Austrian-born scholar's philosophy, viewers are encouraged to ask why, despite his influence, no government has ever dared to fully implement the central tenets of Hayek's monetary theory.

Runtime

52 min

Series

Subjects

Contributor

Geography

Genre

Date of Publication

[2013], c2012

Database

Films on Demand

Direct Link

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