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Listen to events at Carnegie Council for Ethics in International Affairs. Speakers and interviewees include distinguished authors, government and UN officials, economists, policymakers, and businesspeople. Topics range from the ethics of war and peace, to the place of religion in politics, to issues at the forefront of global social justice. To learn more about our work and to explore a wealth of related resources, please visit our website at http://www.carnegiecouncil.org.
April 29th, 2010
Episode 418 of 1241 episodes
We need to synthesize the idea that a free-market economy is a self-correcting mechanism and the Keynesian principle that capitalism needs some guidance, says UCLA economist Roger Farmer. The goal is to correct the excesses without stifling entrepreneurship and instituting central planning.