# Multimedia 

Multimedia 

---

- [Podcasts](/podcasts)
- [Cato Video](/multimedia/cato-video)
- [Video Series](/search/category/video-series)
- [Events](/multimedia/events)

Download:

[ 

Video 

](https://fastly-unsigned-us-east-1-prod.brightcovecdn.com/media/v1/pmp4/static/clear/6039378657001/dad568a6-7ff3-42b3-881e-7d8cabd6b46f/7120b31d-438c-4f17-85db-255bd3fb623a/main.mp4) 

[ 

Video 

](https://cdn.cato.org/archive-2011/cv-03-21-11.mp4) 

Cato Video • March 21, 2011 

# Mark Pennington on Robust Political Economy vs. Market Failure Economics. 

Mark Pennington is a Professor of Politics at the University of London and has recently released a new book entitled *Robust Political Economy: Classical Liberalism and the Future of Public Policy*. Here he defines what he means by a “robust political economy” and contrasts it with what he calls “traditional market failure economics.” 

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

##### Mark Pennington