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Explore the concept of free market liberalism and its humane aspects in this 43-minute lecture by Deirdre McCloskey, part of the Hayek Lecture Series at Duke University. Delve into topics such as Hayek's novels, scientism in economics, the left-right axis, and the role of government intervention. Examine the historical context of liberalism's fall, capitalism's imperfections, and the slow socialist age. Gain insights into income distribution, bias, and the overall impact of free market ideas on societal progress and well-being.
Syllabus
Intro
Hayeks novels
Scientism in economics
The leftright axis
A monopoly of legitimate violence
What do we get
The government keeps intervening
The government is not your friend
Happy family hood
Compulsory sterilization
The fall of liberalism
Capitalisms imperfections
Income per head
Slow socialist age
Bias
Conclusion
Taught by
Duke University Department of Political Science