An Occasional Lecture: Capitalism and the Family

4 September 2012, 6.30pm
IEA, 2 Lord North Street, London, SW1 (door on Great Peter Street)

An occasional lecture on capitalism and the family

In this talk, Steven Horwitz will argue that the enhanced freedom with respect to family choices that has characterised the modern family and is celebrated by those on the political left, is largely a product of the economic system, market capitalism, which they often reject. At the same time, those on the right who are troubled by these changes in the family, including the demand for same-sex marriage, need to realise that such cultural changes are an inevitable by-product of the economic freedom they claim to celebrate. Steven will argue it is capitalism that is the main driver of the evolution of the western family and the wider array of family structures, which characterises the 21st century, representing an increased cultural freedom brought on by the freedom to engage in capitalist acts between consenting adults and the wealth it brings in its wake.

Steven Horwitz is Charles A Dana Professor of Economics at St Lawrence University in Canton, NY and an Affiliated Senior Scholar at the Mercatus Center in Arlington, VA. He is the author of two books, Microfoundations and Macroeconomics: An Austrian Perspective (Routledge, 2000) and Monetary Evolution, Free Banking, and Economic Order (Westview, 1992), and he has written extensively on Austrian economics, Hayekian political economy, monetary theory and history, and the economics and social theory of gender and the family. His work has been published in professional journals such as History of Political Economy, Southern Economic Journal, and The Cambridge Journal of Economics. He has also done public policy research for the Mercatus Center, Heartland Institute, Citizens for a Sound Economy, and the Cato Institute, with his most recent work being on the role of Wal-Mart and other big box stores in the aftermath of Hurricane Katrina. Prof Horwitz serves as the book review editor of the Review of Austrian Economics and is a contributing editor of The Freeman, where he also has a weekly online column. He has a PhD in Economics from George Mason University and an AB in Economics and Philosophy from The University of Michigan. He is currently working on a book on classical liberalism and the family. 

RSVP (ACCEPTANCES ONLY PLEASE) to iea@iea.org.uk or 020 7799 8900

IEA Brexit prize

Invest in the IEA. We are the catalyst for changing consensus and influencing public debate.

Donate now

Thank you for
your support

Subscribe to
publications

Subscribe

eNEWSLETTER