The Basic Axioms and Principles of a Free Market Economy

I didn’t even know this existed until today but have just come across it. It is a presentation I gave at the IEA in London in 2011 just as my Free Market Economics was being published. The sound is not that good but the points are a good deal less fluffy than the kinds of things you usually hear in such lists. This is not a homily about how economic activity involves trade offs or that incentives are important. This is about how the world is filled with uncertainty and that governments are hopeless at directing our resources in a productive way. This is about do’s and don’ts which is what a good economics book needs to set out.

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