Economic Control or Economic Development

Peter T. Bauer
06 January 1990 | OP27
Economic Control or Economic Development

In the sixth John Bonython Lecture, P.T. Bauer argues that wide-ranging state controls hinder the development of Third World economies. Instead, they generate and heighten political tensions (often between ethnic groups) by diverting resources into the search for government favours, and so render whole populations largely dependent on the state for their well-being.

State Control is still defended as necessary to achieve the goals of comprehensive central planning. Lord Bauer shows that the problems that planning is meant to solve can be better tackled by other means, and that planning does little more than concentrate power in the hands of public sector employees and their clients.


Related Publications

Should a Baker be Forced to Bake Cakes for Same Sex Weddings: Democracy and the Rights and Limits of Religion and Conscience in Contemporary Australia
Anthony Fisher
06 November 2015 | OP143

How important are religious liberty and freedom of conscience is in modern statecraft and nation-building? Do they foster social cohesion and mutual respect, or are they sources of division and vilification in diverse societies? Long seen as bedrock foundations of the democratic-liberal state and the common good, freedom of conscience and religion are increasingly under threat and treated with suspicion in…

Magna Carta: Talisman of Liberty
Barry Maley
26 June 2015 | OP142

Eight hundred years ago, in 1215, an English king was confronted by rebellious barons – the great landholders of England – who demanded that his royal powers be curbed in favour of their liberties. Their Magna Carta (or ‘Great Charter’) listed their proposals. That singular event became the foundation of a movement that finally brought justice, liberty and prosperity to…

The Case for a New Australian Settlement: Ruminations of an Inveterate Economist
Wolfgang Kasper
26 June 2015 | OP141

Australia needs a cultural counter-revolution that appeals to the traditional Australian spirit of self-reliance and can-do optimism – a new ‘Australian settlement’ which goes beyond mere economic policy. It should be underpinned by agreed basic understandings across political and social divides: (i) ours is a free, educated, wealthy society, based on mutual respect and benevolence and an individualistic order, (ii)…

What are We Fighting For? Islamism and the Threat to Liberal Ideas
David Kilcullen
03 May 2015 | OP140

Counterinsurgency expert and military strategist Dr David Kilcullen delivered The Centre for Independent Studies’ 2014 John Bonython Lecture with a crucial and fascinating exploration of recurring Occidentalism, why Western values are anathema to Islamists, and why we must take decisive action now to counter the Jihadist ideology that is spreading around the world. The lecture explored the key questions about…

Fatal Shore or Land of Opportunity?
Andrew Tink, David Hunt, Michael Pembroke
03 May 2015 | OP139

This volume brings together two presentations and the introductions from an event hosted by the Centre for Independent Studies and exploring the frames of reference from which to view the colonisation of Australia by the First Fleet. Andrew Tink AM, author of Lord Sydney: the Life and Times of Tommy Townsend, shared fascinating insights about the British Home Secretary who…