"The Political Economy of Development" with Christopher Coyne

Is development an open-ended or closed-ended process? What limits do we face when we strive for economic development? On this episode of the Hayek Program Podcast, Hayek Program Scholar Christopher Coyne gives a brief overview of development and critiques state-led strategy. CC Music: Twisterium

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The Hayek Program Podcast includes audio from lectures, interviews, and discussions of scholars and visitors from the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. The F. A. Hayek Program is devoted to the promotion of teaching and research on the institutional arrangements that are suitable for the support of free and prosperous societies. Implicit in this statement is the presumption that those arrangements are to some extent open to conscious selection, as well as the appreciation that the type of arrangements that are selected within a society can influence significantly the economic, political, and moral character of that society.