7min chapter

The Peter McCormack Show cover image

William Clouston on the Failure of Liberalism: A Vision for a Better UK - PMQ040

The Peter McCormack Show

CHAPTER

The Tension of Freedom in Economic Theory

This chapter explores the speaker's journey through economic theories, focusing on Austrian economics and libertarian ideals while examining the implications of ultra-free market policies on essential services. The discussion critiques privatization and profit-driven motives in public utilities, using Thames Water as a case study, and argues for a balanced state role in managing public resources.

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