Pillar V: Praxeonomy
This seminar series explores economic development through a market-based approach, drawing on Thomas Sowell’s insights into how free markets drive prosperity. It also examines the role of private philanthropy in addressing poverty and inequality, contrasting voluntary charity’s efficiency with the inefficiencies of state-led redistribution. Additionally, it introduces the concept of "Praxeonomy," a framework that redefines morality and ethics as emergent from market interactions rather than abstract natural rights. By emphasizing voluntary exchanges, decentralized decision-making, and human-centric considerations, these lectures highlight how markets organically shape economic progress, fostering innovation and social harmony.