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Interventionism and Regulations | Robert P. Murphy

Independent Institute Research Fellow Robert P. Murphy talks about interventionism and regulations at the 2016 Challenge of Liberty Summer Seminar held at Santa Clara University, in Santa Clara, California.

00:09 Introduction
00:46 What is interventionism?
04:54 Market economy vs. socialism
06:58 Examples of unintended consequences of regulations
27:16 Supply and demand
32:51 Price controls
44:46 Examples of “unintended consequences”

Robert P. Murphy is a Research Fellow at the Independent Institute, Research Assistant Professor with the Free Market Institute at Texas Tech University, President of Consulting by RPM, Senior Economist with the Institute for Energy Research, and Associated Scholar with the Ludwig von Mises Institute.

About Choice book: Cooperation, Enterprise, and Human Action book
http://www.independent.org/store/book…

The Challenge of Liberty Seminars provide college-aged students with the ethical and economic principles of free societies that are essential to understanding, appreciating, and preparing for real world issues that lie ahead.

More information about Student Seminars: http://www.independent.org/seminars/

Are you the author?
Robert P. Murphy
Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of many books. His latest is Contra Krugman: Smashing the Errors of America's Most Famous Keynesian. His other works include Chaos Theory, Lessons for the Young Economist, and Choice: Cooperation, Enterprise, and Human Action (Independent Institute, 2015) which is a modern distillation of the essentials of Mises's thought for the layperson. Murphy is co-host, with Tom Woods, of the popular podcast Contra Krugman, which is a weekly refutation of Paul Krugman's New York Times column. He is also host of The Bob Murphy Show.
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