Economics

The Origin of Wealth and the Future of the Free Society

ABSTRACT

Conferees examined the origins of wealth as discussed by Beinhocker, Hayek, Turgot, and others in order to understand the sources of wealth and the tentative hypothesis those authors offer that it has to do with today’s extended market order.

READING LIST

Conference Readings

Beinhocker, Eric D. The Origin of Wealth - The Radical Remaking of Economics and What It Means for Business and Society. Boston: Harvard Business School Press, 2007.

Bylund, Per L. The Problem of Production: A new theory of the firm. Abingdon: Routledge, 2016.

Hayek, F. A. “The Use of Knowledge in Society.” The American Economic Review 35, no. 4 (September 1945): 519-530.

Huerta de Soto, Jesús. The Theory of Dynamic Efficiency. Abingdon: Routledge, 2009.

McClintick, David and Ross B. Emmett. “Betting on the Wealth of Nature – The Simon-Ehrlich Wager.” PERC Report 23, no. 3 (Fall 2005): 16-17.

Soddy, Frederick. Wealth, Virtual Wealth and Debt. Hawthorne: Omni Publications, 1961.

Turgot, Anne-Robert-Jacques. Reflections on the Formation and Distribution of Wealth. London: E. Spragg, 1793. http://www.econlib.org/library/Essays/trgRfl1.html (accessed March 29, 2017).