Hayek Program Podcast

The current global-justice literature starts from the premise that world poverty results mostly from the actions of governments and citizens of rich countries. As a result, it recommends vast coercive transfers of wealth from rich to poor societies alongside stronger governance. But is it possible that global injustice is actually home-grown? If so, how can we alleviate poverty? What duties do we owe the world’s poor? In this throwback episode of the Hayek Program Podcast on "Justice at a Distance", Loren Lomasky argues that native restrictions to freedom lie at the root of poverty and stagnation, and that free markets in goods, services, and labor are capable of alleviating poverty. CC Music: Twisterium