The Free Market and Politics: How Business and Government Collaborate

In part one of this new series, I explain the difference between a market entrepreneur and a political entrepreneur. This video is in part a response to Knowledge Hub’s video, “The Age When Capitalism Went Too Far,” but more broadly addresses the issue of regulatory capture and how the government interferes in free market operations.

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Original Video:

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Further Reading:

“What is a Political Entrepreneur” by Michael McCaffrey: https://mises.org/wire/what-political-entrepreneur

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Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

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