Social Market Economy explained

The New Zealand Initiative’s Executive Director Oliver Hartwich presented to the Epidemic Response Committee on 23 April 2020, where he outlined his vision for New Zealand’s social, political and economic future.

Oliver recommended economist Ludwig Erhard’s principles-based approach to New Zealand, which Erhard called the “Social Market Economy.”

But what is a Social Market Economy? Our Research Intern Luke Redward explains all the details in this video.

Oliver Hartwich’s full speech to the Epidemic Response Committee is available here:

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