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Property, Freedom, and the Essential Job of Government
Capitalism: Success, Crisis and Reform (PLSC 270) A practical theory of freedom is discussed, based on Hayek’s Constitution of Liberty. Free societies can be thought of as great learning machines capable of aggregating individuals’ knowledge and accomplishments. Professor Rae uses examples from automotives and university administration to illustrate how freedom allows everybody to profit from […]
http://www.youtube.com/watch?v=yYrhDxApqgg
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