The Gray's Inn Reading - The Rule of Law: Good for the Economy?

It has become the conventional wisdom that the rule of law is a necessary ingredient of economic progress. Along with an independent judiciary, individual rights, a free media, free association, strong political parties and a rich civil society, government policy asserts that the rule of law is found in all successful countries and sustainable economies, and consequently should be promoted abroad.After examining this assumption, the lecture will explore how the rule of law contributed to Britain's economic development from the early nineteenth century.The transcript and downloadable versions of the lecture are available from the Gresham College website: https://www.gresham.ac.uk/lectures-and-events/the-grays-inn-reading-the-rule-of-law-good-for-the-economyGresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 2,000 lectures free to access or download from the website.Website: http://www.gresham.ac.uk Twitter: http://twitter.com/GreshamCollege Facebook: https://www.facebook.com/greshamcollege Instagram: http://www.instagram.com/greshamcollegeSupport the show