January, 2006

Social Cooperation and the Process of Economic Development

  • Peter J. Boettke

    Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
Key materials
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In the Swiss newspaper, Neue Zurcher Zeitung, Dr. Peter J. Boettke discusses the continued resistence to the market ethos in developing countries and in the globalization movement despite the collapse of socialism, liberalism's chief competitor, at the end of the 20th century. While addressing the concerns of liberalism's critics, in this working paper Dr. Boettke sets guidelines for growth based on entrepreneurship, local knowledge and institutions of political accountability which are the true road to prosperity.