In this excellent video from Reason TV, Tom W. Bell gives an informative and engaging lecture on the subject of ‘startup cities’; planned urban developments that use freer and more proven economic frameworks than their host countries to facilitate development. In the lecture, which is just under thirty minutes long, Bell tells the story of the startup city project currently underway in Honduras, speaking academically from his own role as a legal consultant to the company responsible for it. According to Bell, startup cities are a topic that should be of great interest to libertarians, and represent a major change in the way the governments of the world are approaching policy-making and development strategy. Following the marked and undeniable success of similar projects in East Asia, the Middle East, and South America, Bell has high hopes for Honduras. Now that states around the world are beginning to experiment with freer forms of market capitalism, the empirical case for a free society and a free economy will grow stronger than ever.
To learn more about this revolution in development economics, visit the website of the Startup Cities Institute for more videos and useful information.