The video of a 50-minute talk I gave at the Atlas Summit in New Hampshire in June.
Abstract: In a free market, some individuals will engage in corrupt business activities. One argument for government regulation holds that it reduces the amount of business corruption. Opponents of government regulation respond that free markets have the internal resources to control most business corruption—and that government regulation itself leads to corruption, both more and worse. How do we evaluate these competing arguments about whether corruption is worse in free-market or government-regulation systems? In this lecture, Stephen Hicks discusses both sides’ arguments and bring to bear upon them the empirical work of this generation’s social science.
Also available at YouTube.