July 12, 1984 Video Collection

John Burton: The Failure of the Middle Way

In this video from 1984, John Burton speaks about the factors that he believe will ultimately lead to the downfall of the mixed economy.

John Burton is a professor, economist, and author. He is on the advisory council of the Institute for Economic Affairs.

In this video from 1984, Burton speaks about the factors that he believe will ultimately lead to the downfall of the mixed economy: the concentrated benefits and dispersed costs of subsidization and rent-seeking behavior by lobbying groups and special interests.