The Future of Capitalism


It has been argued that the single most important factor to explain skepticism about free markets among the public in general and intellectuals during the twentieth century was the Great Depression. If that is true, may it not be the case that the current economic crisis and the seemingly “efficient” way in which a major catastrophe similar to the one that followed the crash of 1929 was averted will become another anti–free market paradigm? This conference addressed those questions openly.


Conference Readings

Gray, John. False Dawn: The Delusions of Global Capitalism. London: Granta Books, 1998.

Hayek, F. A. The Political Ideal of the Rule of Law. Cairo: National Bank of Egypt, 1955.

Keynes, John Maynard. The End of Laissez-Faire: The Economic Consequences of the Peace. Santa Monica: BN Publishing, 2009.

Kirzner, Israel M. How Markets Work: Disequilibrium, Entrepreneurship and Discovery. London: Institute of Economic Affairs, 1997.

Rogge, Benjamin A. Can Capitalism Survive?. Indianapolis: Liberty Fund, 1979.

Schumpeter, Joseph A. Capitalism, Socialism and Democracy [3rd edition]. New York City: Harper Perennial Modern Thought, 2008.