Property - Intro to Political Economy

Explore the foundations of political economy in this comprehensive lecture from Duke University. Delve into the intellectual history, microeconomic logic, and macroeconomic definitions that shape the field. Examine the moral and ethical implications of markets, comparing economic theories to biological evolution. Analyze the works of Hobbes, Locke, and Rousseau to understand the importance of property rights. Investigate real-world applications through landmark court cases, and consider thought-provoking questions about ownership and societal norms. Gain a nuanced understanding of capitalism, voluntary exchange, and the interconnected nature of property, prices, and economic systems.