Economic Liberty

About this video

Ruth Richardson turns this lecture into a study of economic liberty and the success story that New Zealand, her native country, has become. She lists the events that brought the reforming forces into play and the two reform waves that took place: One in 1964 by the Labour government and the other in 1990 by the National government, when Richardson was Minister of Finance. She tells the story of how the idea of liberty was put into action – how interest controls were removed, how the income tax was slashed in favor of a goods-and-services tax, and how privatization took place, among others. She shares the key intellectual principles that aided in the transformation of this country and the economic growth that it had as consequence of the implementation of economic liberty.

Ruth Richardson

Ruth Richardson was New Zealand's Minister of Finance during the period of 1990 to 1993. She conducted the New Zealand's second wave of reforms, after the first one, that was directed by Roger Douglas in the mid 1980's. Richardson got her Law degree with Honours from Canterbury University. She's now the principal of Ruth Richardson [NZ] Ltd., a company that offers international consultancy and corporate governance services.

Source: www.rrnz.orcon.net.nz
Last update: 05/12/2007

Credits

Economic Liberty
Ruth Richardson

Friedrich A. Hayek Auditorium
Universidad Francisco Marroquín
Guatemala, June 16, 1997

Digitized by New Media - UFM. Guatemala, June 1997
Index: Inés Zúñiga; synopsis: Sebastian del Buey; synopsis reviser: Daphne Ortiz; GML: Pedro David España

This work is licensed under a Creative Commons 3.0 License
Este trabajo ha sido registrado con una licencia Creative Commons 3.0