ISET

As part of a partnership arrangement under the “Good Jobs for Inclusive Growth” study, Yasya Babych of MPRC was invited to participate in an Interim workshop dubbed “Enabling Conditions for Inclusive Growth and Good Jobs: A Role for Development Partners” held on 15-16 September 2016 in Manila, the Philippines by the Asian Development Bank (ADB).

This workshop centered on how development partners such as the ADB and other agencies can assist Central Asian and South Caucasus countries achieve inclusive economic growth by promoting the creation of good jobs through their operations. Experts from the eight countries covered by the study discussed the findings of their background papers while ADB staff discussed ways to improve project design and implementations to promote inclusive growth and job creation.

On Friday July 15th, Professor David D. Friedman of Santa Clara University gave a presentation entitled “Market Failure Considered as an Argument both for and Against Government”. Professor Friedman is one of the leading libertarian thinkers in the USA and, together with Murray Rothbard, the most influential proponent of so-called anarcho-capitalism.

Before Friedman’s presentation, Professor Florian Biermann of ISET gave an introduction to libertarian political and economic ideologies and clarified some terms and concepts that later came up in Professor Friedman’s presentation. Professor Friedman himself started his presentation by briefly explaining the concept of market failure and showed that it provides arguments against both private markets and any political alternatives.

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