Philip Booth appeared in last night's second installment of BBC2's Masters of Money, which focused on the work of Friedrich Hayek.
The programme discussed Hayek's moral argument that when a government attempts to control the economy it ultimately enslaves its people. Philip commented that when we give more and more power to the state there is a gradual erosion of economic and then political freedom. That lack of political freedom will eventually lead to totalitarianism. Philip blogged about the episode here. [2]
Watch the programme here. [3] Philip's segment begins around 35.00.
