The Economics of Political Choice

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Friedrich A. Hayek
1994 | Atlas Economic Research Foundation (UK) | Duration:..

About this video
This video examines Friedrich A. Hayek’s ideas on government interference and taxation. Hayek believed politicians would always have a special interest in controlling and appeasing the groups on which their power depended. Therefore, the distribution of the tax burden would necessarily favor some groups over others. Taxes tend to interfere with private interests and the creation of new competition, which is the most effective way to ensure efficiency in any industry.
Atlas Economic Research Foundation (UK)
Digitized by New Media-UFM.  Guatemala, March 2011
Director: Suzanne Campbell-Jones; narrator: Eben Wilson; Hayek: Wolf Kahler; research: Kate Riley, David Mansanares, Sarah Penny, Peter Watts; stills research: John Raybould; production manager: Deborah Kermode; production accountant: Rebecca Philpott; sound: Steeve Beech, John Collins, Alfonso Porres, Mark Ritchie, Eric Williams; dubbing mixer: Andrew Sears; camera: Jeff Cordia, Guillermo Escalon, Chip Goebert, Tim Johnson, Tom Zannes; on-line editor: Bill Ogden; editor: Paul Bernays; written and produced by: Eben Wilson

Conversion: Mario Estrada; index: Stephanie Araneda; content reviser: Sofía Díaz; publication: Daphne Ortiz, Sofía Díaz
Videos in this collection
Documentary produced by Adam Smith Institute
Collection of interviews produced by The Institute of Economic Affairs in 1997
Dock windowContent
Initial credits
Introduction by Norman Barry 
Friedrich A. Hayek in retirement
Nobel Prize in Economics
Shift in political views 
Mail room of the US House of Representatives
Special public interests
Quote, Friedrich A. Hayek
Public and private funding
David, a case of cystic fibrosis
Research on HIV
Social programs 
National Social Services
Complex welfare system
Proper care for the elderly
Need for competition 
Flaws in taxation
Quote, Friedrich A. Hayek
Final credits

Courtesy of the
Atlas Research Foundation (UK)

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Universidad Francisco Marroquín

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