| What is a Voluntary City? It is a community built and maintained by private initiative and cooperation, not by the coercive political institutions that many people assume are needed to make communities work. Independent Institute Research Fellow Robert P. Murphy explains with examples of how private initiatives can provide social services.
CONTENT OF THIS VIDEO:
00:00 The Voluntary City: Urban Problems
00:13 Law vs. Legislation
03:33 For-Profit vs. Non-Profit
05:37 Market (narrow) vs. Civil Society
09:39 Real-World Examples:
09:40 Hotels
12:05 Office Parks
13:32 Theme Parks
15:39 Cruise Ships
17:24 Generic Public Goods
17:47 Definition of Public Good in Economics Literature
20:10 The “Club Good”
20:26 Social Insurance
24:25 Voluntary Associations
27:43 Stock Companies and Mutual Companies
28:55 Zoning Regulations
30:34 Jane Jacobs Work on Urban Planning
36:42 Affordable Housing
39:15 Who Will Build the Roads?
42:40 Traffic Jam and Public Transportation
44:09 Utilities (Natural Monopoly)
48:46 Judicial Services
52:28 Closing Credits
To buy the book “The Voluntary City” follow this link http://www.independent.org/store/book…
To buy the book “The Enterprise of Law” by Bruce Benson, follow this link
http://www.independent.org/store/book…
ABOUT ROBERT P. MURPHY
Robert P. Murphy is a Research Fellow at the Independent Institute, Research Assistant Professor at the Free Market Institute at Texas Tech University, President of Consulting by RPM, Senior Economist at the Institute for Energy Research, and Associated Scholar with the Ludwig von Mises Institute. He received his Ph.D. in economics from New York University.
More information about Robert P. Murphy http://www.independent.org/aboutus/pe…
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