The Many Faces of Liberalism: Big Government vs. Free Markets

An expert panel delves into the classic debate between laissez-faire and interventionism, as it plays out in our nation’s politics. What is the proper relationship between liberalism and free markets? And in a democracy, who decides what to prioritize? Featuring: Paul Krugman, Nobel laureate, New York Times columnist, and distinguished professor at the GC; Heather Boushey, executive director and chief economist, Washington Center for Equitable Growth; and Richard Epstein, professor of law and director of the Classical Liberal Institute, NYU.

This event was the keynote of the conference Liberalism and Democracy: Past, Present, Prospects. Presented on October 2, 2018, by GC Public Programs, the Ph.D. Program in History, and The New School.

[rasmfrackn]

WHY. Why did Heather feel the need to point out that "the rich" was disproportionately white and male? She lost me right there. It's totally irrelevant to everything else being discussed, but extremely relevant to where she is arguing from...

[OOCASHFLOW]

Ended up being Richard Epstein vs. 2 economists, the moderator, and the audience

[darrenmitchell]

It is a shame that Epstein did not mention the crucial fact that entitlement spending can cause the 'crowding out' of savings and thereby cause real wages and total factor productivity to stagnate.There are often unintended consequences to policies in the form of dead weight loss and opportunity cost.

[TheWhitehiker]

Starts at c. 12.30.
Richard starts at c. 23.30.