The Moral and Economic Case for Free Markets. Art Carden and Keith Knight

The Moral and Economic Case for Free Markets. Art Carden and Keith Knight

 

 

“… there are two and only two ways of attaining wealth in society: (a) by production and voluntary exchange with others — the method of the free market; and (b) by violent expropriation of the wealth produced by others. The latter is the method of violence and theft. The former benefits all parties involved; the latter parasitically benefits the looting group or class at the expense of the looted.”

 

Murray N. Rothbard 

Ethics of Liberty, pp. 166–67

Art Carden is a professor of economics at the Brock School of Business at Samford University.

http://artcarden.com/

Buy Leave Me Alone and I’ll Make You Rich here:

https://www.amazon.com/gp/product/022673966X?pf_rd_r=DGBKK3MA2N8AKBAN0PXZ&pf_rd_p=edaba0ee-c2fe-4124-9f5d-b31d6b1bfbee 

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0:00 – Quote

1:07 – Why some countries are wealthy and others are impoverished, “The Great Enrichment”

4:18 – Do free markets breed exploitation of the weak by the strong? 

6:16 – How to measure wealth or standard of living?

7:50 – Free markets = materialism

10:13 – The innovation double standard 

12:32 – “Freedom means not caring about the long term results of your actions”

16:00 – “Slavery and colonialism caused the west to grow rich”

20:32 – Who protects the workers?

22:32 – Who protects the consumer?

26:38 – The moral difference between the state and the free market 

29:51 – Criticisms of the free market THAT ARE UNIQUE to the free market

32:12 – Best lessons from Adam Smith


LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/Art-Carden—Keith-Knight:8

BitChute: https://www.bitchute.com/video/QcfFud6ABV1p/

Archive: https://archive.org/details/art-carden-keith-knight

Minds: https://www.minds.com/newsfeed/1170153868018257920?referrer=KeithKnightDontTreadOnAnyone

How to Wipe the Smirk Off the Face of Idiots Who Call You a “Conspiracy Theorist”

How to Wipe the Smirk Off the Face of Idiots Who Call You a “Conspiracy Theorist”

… government is always and everywhere the potential or actual aggressor against the rights and liberties of the people. Liberty, the source of all the fruits of civilization and human happiness, is ever liable to suffer the aggressions and encroachments of government, of power, the source from which war, tyranny, and impoverishment ever flow. Power always stands ready to conspire against liberty, and the only salvation is for the public to keep government within strictly limited bounds, and to be ever watchful, vigilant, and hostile to the inevitable tendencies of government power to encroach upon liberty.

 

Murray N. Rothbard 
Conceived in Liberty v. 2, p. 192; p. 690

List of proven conspiracies, along with events that deserve looking into-

Download PDF of this research collection: 

LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/Ultimate-Conspiracy-Collection—oct-29th-2020:1

BitChute: https://www.bitchute.com/video/Pm4n0WyhMQHX/

Archive: https://archive.org/details/how-to-wipe-the-smirk-off-the-face-of-idiots-who-calls-you-a-conspiracy-theorist

Minds: https://www.minds.com/newsfeed/1168969539944038400?referrer=KeithKnightDontTreadOnAnyone

Is Capitalism Sustainable? Mike Munger and Keith Knight

Is Capitalism Sustainable? Mike Munger and Keith Knight

“The member of a contractual society is free because he serves others only in serving himself. What restrains him is only the inevitable natural phenomenon of scarcity.”

Ludwig von Mises

Human Action, p. 280; p. 283

 

…“markets “work” even if people are self-interested, because the dynamics of competition limit bad actions”….“The reason that we tolerate, or in some cases celebrate, capitalism is that entrepreneurs find ways to produce new products, new services, or new ways of making things that make consumers better off. Many of us would pay far more than the store price for clean water, wholesome food, cars that run for 200,000 miles, or cell phones that connect us to the entire world. Entrepreneurs think up the new goods or services, and competition drives down the price. The result is that many products not available even to the very wealthy in 1900 are now owned by all but the poorest among us.”

-Michael Munger, Professor of Economics at Duke University

 

 

Michael Munger is a professor of Economics, Public Policy, & Political Science, at Duke University. 

Buy Is Capitalism Sustainable: https://www.amazon.com/Capitalism-Sustainable-Michael-Munger/dp/1630691739/

Prof. Munger’s website: http://michaelmunger.com/

Twitter: https://twitter.com/mungowitz 


0:20 – Define capitalism

3:58 – Capitalism = infinite growth = infinite consumption, on a finite planet

6:43 – The “free” mindset

9:22 – The lighthouse myth: public goods

12:39 – Rent seeking & Adam Smith

16:09 – In defense of profit

19:15 – Correlation v. Causation  

22:31 – Voting: The worst way to make decisions

25:49 – How self interest leads to the common good due to competition

29:02 – Favorite economist? 


BitChute: https://www.bitchute.com/video/awQnNPOltdQK/

LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/Is-Capitalism-Sustainable–Michael-Munger—Keith-Knight-:4

Minds: https://www.minds.com/newsfeed/1167345274956734464?referrer=KeithKnightDontTreadOnAnyone

Archive: https://archive.org/details/mike-munger

Against Social Media Censorship – The Libertarian View

Against Social Media Censorship – The Libertarian View

 

 

… the intervention by the federal government was designed, not to curb big business monopoly for the sake of the public weal, but to create monopolies that big business (as well as trade associations of smaller business) had not been able to establish amidst the competitive gales of the free market.

Murray N. Rothbard

Left and Right, p. 18

 

… antitrust laws and prosecutions, while seemingly designed to “combat monopoly” and “promote competition,” actually do the reverse, for they coercively penalize and repress efficient forms of market structure and activity.

Murray N. Rothbard
Man, Economy, and State with Power and Market, p. 907

LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/Against-Social-Media-Censorship—The-Libertarian-View:8

BitChute: https://www.bitchute.com/video/52cgpNZyZY87/

Archive: https://archive.org/details/against-social-media-censorship-the-libertarian-view

Minds: https://www.minds.com/newsfeed/1166878912290598912?referrer=KeithKnightDontTreadOnAnyone

The Economics of Ignorant Voters. Bryan Caplan and Keith Knight

The Economics of Ignorant Voters. Bryan Caplan and Keith Knight

 

It is no crime to be ignorant of economics, which is, aft er all, a specialized discipline and one that most people consider to be a “dismal science.” But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.

Murray N. Rothbard 
Egalitarianism as a Revolt Against Nature, p. 202

 

 

Bryan Caplan is a professor of Economics at George Mason University

Buy Bryan Caplan’s books here: https://www.amazon.com/s?k=Bryan+Caplan&ref=nb_sb_noss_2

Bryan Caplan’s articles: https://www.econlib.org/author/bcaplan/

Bryan Caplan’s website: http://www.bcaplan.com/

Website of Zach Weinersmith, co-author of Open Borders: The Science and Ethics of Immigration: https://www.smbc-comics.com/ 

My previous discussion with Bryan Caplan: https://youtu.be/eBiP_kAlp70 


0:00 – Quote

0:37 – The Paradox of Democracy

1:08 – Are voters ignorant?

2:46 – Is the solution to educate the populace?

4:30 – Ignorance in the market v. political sphere

6:04 – Why aren’t ignorant voters humble?

8:39 – Anti-market bias

10:15 – Paul Krugman’s inconsistent free market criticism – Fallacy of Unattainable Perfection 

14:09 – Anti-foreign bias

20:39 – Pessimistic bias

24:15 – Thesis of The Case Against Education

25:20 – Thesis of Selfish Reasons to Have More Kids (unable to find corresponding video)

30:50 – Public choice theory

33:22 – Define economics

36:14 – Why some countries are rich and others are poor

41:10 – Profits over people?

50:01 – What makes wages rise?

51:11 – What made you an Anarcho-Capitalist?

54:22 – Most important thing you learned from Don Boudreaux?

57:45 – Favorite economist? 


BitChute: https://www.bitchute.com/video/mZDGfeWO5Dzg/

LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/The-Economics-of-Ignorant-Voters.-Bryan-Caplan—Keith-Knight:0

Minds: https://www.minds.com/newsfeed/1165818581248065536?referrer=KeithKnightDontTreadOnAnyone

Archive: https://archive.org/details/bryan-caplan

The Problem and Solution: Hans-Hermann Hoppe

The Problem and Solution: Hans-Hermann Hoppe

… I define anarchist society as one where there is no legal possibility for coercive aggression against the person or property of any individual. Anarchists oppose the State because it has its very being in such aggression, namely, the expropriation of private property through taxation, the coercive exclusion of other providers of defense service from its territory, and all of the other depredations and coercions that are built upon these twin foci of invasions of individual rights.

Murray N. Rothbard

Libertarian Forum v. 1, p. 535

 

LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/hhhproblemandsolution:6

BitChute: https://www.bitchute.com/video/JtFizeOnwSTg/

Minds: https://www.minds.com/newsfeed/1165047933724569600?referrer=KeithKnightDontTreadOnAnyone

Archive: https://archive.org/details/the-problem-the-solution-hhh

Introduction to Philosophy. James Harrigan & Keith Knight

Introduction to Philosophy. James Harrigan & Keith Knight

… in reviving and building on Aristotle, St. Thomas introduced and established in the Christian world a philosophy of natural law, a philosophy in which human reason is able to master the basic truths of the universe. In the hands of Aquinas as in Aristotle, philosophy, with reason as its instrument of knowledge, became once again the queen of the sciences. Human reason demonstrated the reality of the universe, and of the natural law of discoverable classes of entities. Human reason could know about the nature of the world, and it could therefore know the proper ethics for mankind. Ethics, then, became decipherable by reason.

Murray N. Rothbard

Economic Thought Before Adam Smith, p. 57

 

 

James R. Harrigan is Managing Director of the Center for Philosophy of Freedom at the University of Arizona, and the F.A. Hayek Distinguished Fellow at the Foundation for Economic Education.

https://fee.org/shows/audio/words-numbers/

0:00 – Quote

0:52 – Plato’s Allegory of the Cave

8:14 – Philosophy = the love of wisdom

9:54 – Why Socrates was killed

11:26 – Niccolo Machiavelli

18:59 – John Locke

38:41 – John Rawls

47:42 – Thomas Jefferson & Slavery Jefferson’s Slavery Declaration Grievances removed: https://www.history.com/news/declaration-of-independence-deleted-anti-slavery-clause-jefferson

Why They Hate Us:

https://www.bitchute.com/video/twisRDVAHXMB

https://www.minds.com/newsfeed/1141584663514697728?referrer=KeithKnightDontTreadOnAnyone 

https://archive.org/details/why-they-hate-us

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BitChute: https://www.bitchute.com/video/FrGVab2D7bch/

Minds: https://www.minds.com/newsfeed/1164476382906380288?referrer=KeithKnightDontTreadOnAnyone

Archive: https://archive.org/details/james-harrigan_202010

LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/Introduction-to-Philosophy.-James-Harrigan—Keith-Knight-:5

Economics Professor Refutes Socialism! Per L. Bylund & Keith Knight

Economics Professor Refutes Socialism! Per L. Bylund & Keith Knight

Per L. Bylund, PhD, is assistant professor of entrepreneurship and Records-Johnston professor of free enterprise in the School of Entrepreneurship at Oklahoma State University.

Find his work here:

Twitter: @perbylund

PerBylund.com

https://www.entrepreneur.com/author/per-bylund

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The #1 Cause of Homelessness: https://libertarianinstitute.org/dont-tread-on-anyone/whats-the-1-cause-of-homelessness/

Why Healthcare is So Expensive: https://youtu.be/401Ir9alWBI

0:00 – Quote 0:36 – What is economics? (and everyday examples)

3:22 – The importance of Praxeology aka Human Action

5:47 – The importance of the entrepreneur

8:29 – Labor Theory of Value

13:15 – Why those who care about the poor should support free markets

15:45 – How can we measure the standard of living?

24:03 – Real world examples of where the free market works

27:50 – How does government regulation affect our everyday lives?

37:14 – Why so many libertarians are economists

39:50 – The Socialist Calculation Problem

49:10 – The monopoly objection

55:03 – Major Adam Smith contributions in economics

57:41 – Rent control

1:01:12 – Favorite economist of all time?

 

BitChute: https://www.bitchute.com/video/qndJCvlUeYRb/

LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/Economics-Professor-Refutes-Socialism!-Per-L.-Bylund—Keith-Knight-:4

Minds: https://www.minds.com/newsfeed/1163939890346659840?referrer=KeithKnightDontTreadOnAnyone

Archive: https://archive.org/details/per-l.-bylund

Amy Coney Barrett SCOTUS Testimony – Libertarian Lawyer Responds

Amy Coney Barrett SCOTUS Testimony – Libertarian Lawyer Responds

In the days of the Founding Fathers, no one believed that the Supreme Court, much less the Court on any given day; always spoke the last word on the Constitution. Every public official, indeed, almost every person, had his own view of constitutionality and was willing to battle for it. No one proposed to leave such vital matters up to nine oligarchic hacks in Washington.

Murray N. Rothbard
Irrepressible Rothbard, p. 304

… we have to rediscover not only the forgotten individualist Ninth Amendment, but also the radically decentralist Tenth Amendment, and the legal tradition and principles from which it stemmed. Dismantling the Leviathan State, a task embraced by all libertarians, must also invoke dismantling the nationalizing, centralizing, absolute oligarchy that constitutes the Supreme Court of the United States.

Murray N. Rothbard
Irrepressible Rothbard, p. 377

… the whole point of the Constitution was to bind the central government with chains of steel, to keep it tightly and strictly limited, so as to safeguard the rights and powers of the states, local communities, and individual Americans.  In the early years of the American Republic, no political leader or statesman waited for the Supreme Court to interpret the Constitution; and the Court did not have the monopoly of interpreting the Constitution or of enforcing it. Unfortunately, in practice, the federal judiciary is not “independent” at all. … … once we allow the Supreme Court to be the monopoly interpreter of governmental — and therefore of its own — power, eventual despotism by the federal government and its kept judiciary becomes inevitable. And that is precisely what has happened. From being the instrument of binding down and severely limiting the power of the federal Leviathan, the Supreme Court and the rest of the judiciary have twisted and totally transformed the Constitution into a “living” instrument and thereby a crucial tool of its own despotic and virtually absolute power over the lives of every American citizen.

Murray N. Rothbard
Making Economic Sense, p. 484

… absolute power must never be entrusted to a small oligarchy of men, especially Supreme Court judges, who are an unchecked oligarchy appointed for life. Before Federalist John Marshall began to amass all power in the Supreme Court, no one ever believed, even with the existence of such a court, that it has the last word on constitutionality.

Murray N. Rothbard
Irrepressible Rothbard, p. 376

… libertarians should welcome all the campaigns to question or impeach the Supreme Court …

Murray N. Rothbard
Libertarian Forum v. 1, p. 119

The idea that the death penalty never deters murder is almost self-evident hogwash. Th e abolition of the death penalty, was philosophic left-sentimentality, as well as juridical nonsense. Philosophically, a person who murders another forfeits his own right to life, on the principle that he who deprives others of rights deserves to lose his in proportion. Juridically, to say that the Constitutional prohibition of “cruel and unusual punishment” prohibits the death penalty flies in the face of the common use of that penalty at the time the Constitution was written, and aft er it was established.  No Founding Father issued a protest of alleged unconstitutionality. The Supreme Court argument that the death penalty is now “unusual” is purely a product of the success of left -wing jurists in recent years in stalling and blocking the use of capital punishment.  Allow the death penalty to flow freely in cases of murder and the punishment would soon no longer be “unusual.”

Murray N. Rothbard
Libertarian Forum v. 1, p. 458

 

**Show Notes** – https://libertyweekly.net/the-acb-hearings-the-problem-with-scotus-ep-134

BitChute: https://www.bitchute.com/video/PB4pJTZo6txS/

LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/ACB-v.-Libertarian—SCOTUS-Liberty-Weekly:6

Archive: https://archive.org/details/acb-v-libertarian

Minds: https://www.minds.com/newsfeed/1162626929375485952?referrer=KeithKnightDontTreadOnAnyone

10 Historical Myths Most Historians Still Believe! Sal the Agorist and Keith Knight

10 Historical Myths Most Historians Still Believe! Sal the Agorist and Keith Knight

 

 

Looking at facts without the guidance of theory in their selection is virtually impossible.

Murray N. Rothbard
Classical Economics, p. 120

 

… I see history as centrally a race and conflict between “social power” — the productive consequence of voluntary interactions among men — and state power. In those eras of history when liberty — social power — has managed to race ahead of state power and control, the country and even mankind have flourished. In those eras when state power has managed to catch up with or surpass social power, mankind suffers and declines.

Murray N. Rothbard

Conceived in Liberty v. 1, p. 10; p. xvi

Myths discussed:

0:00 – Domino Theory

4:24 – Market Entrepreneurs v. Political Entrepreneurs – The Myth of the Robber Barons by Burt Folsom

6:48 – The Federal Reserve Act – https://archive.org/details/from-farm-boy-to-financier-by-frank-vanderlip-feb-9th-1935-saturday-evening-post

How I Became My Own Bank & How You Can Too by Sal the Agorist https://www.agoristnexus.com/agorism/how-i-became-my-own-bank-how-you-can-too/

14:12 – The Reaction to the 1929 Recession – https://www.amazon.com/Politically-Incorrect-Guide-Depression-Guides/dp/1596980966

20:35 – Lusitania – https://www.corbettreport.com/the-wwi-conspiracy-part-two-the-american-front/

24:00 – Origins of the Welfare State – https://www.amazon.com/After-Welfare-State-Politicians-Future/dp/0898031710

John Rawls REBUTTED: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/John-Rawls—REBUTTED:d

32:55 – Pearl Harbor – McCollum Memo: https://lbry.tv/@libertariantruther:0/Pearl-Harbor-Truth-at-Last—The-McCollum-Memo:4

War Entry Plans Laid to Roosevelt https://www.nytimes.com/1972/01/02/archives/warentry-plans-laid-to-roosevelt-britain-releases-her-data-on-talks.html

38:40 – The Not So Wild Wild West – https://mises.org/library/not-so-wild-wild-west

44:25 – The Emancipation Proclamation – https://mises.org/library/real-lincoln-0

51:25 – Why American Wages Rose – https://mises.org/library/33-questions-about-american-history-youre-not-supposed-ask

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BitChute: https://www.bitchute.com/video/oYHJiJ3A5Lue/

Minds: https://www.minds.com/newsfeed/1162060340474540032?referrer=KeithKnightDontTreadOnAnyone

Archive: https://archive.org/details/10-historical-lies

LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/10-Historical-Myths-You-Probably-Believe!-Sal-the-Agorist—Keith-Knight:b

Trump Card – Summary, Analysis, and Criticisms

Trump Card – Summary, Analysis, and Criticisms

“This is capitalisms trump card.  It encourages creativity and empathy, and puts them at the service of the wants and needs of the people.The inequality the socialist left despises, isn’t created by the entrepreneur. It’s created by us.  The proud boast of Democratic socialism is that it puts the people in charge of the economy. What control do you have over the post office or the DMV? We vote in elections every two or four years, but as consumers we exercise our choices daily, directly through the market. The free market is far more reflective of popular consent, than democratic socialism. We don’t have to extend democracy from the political to the economic sphere, because we already have it.  Capitalism, not socialism, is the true form of social justice.”

– Dinesh D’Souza

 

 

BitChute: https://www.bitchute.com/video/Qj2Enjy1taVC/

LBRY.tv: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/VID-Trump-Card—Summary,-Analysis—Criticisms:8

Minds: https://www.minds.com/newsfeed/1161808590074748928?referrer=KeithKnightDontTreadOnAnyone

Archive.org: https://archive.org/details/trump-card

Liberty or Lockdown? Jeffrey Tucker and Keith Knight

Liberty or Lockdown? Jeffrey Tucker and Keith Knight

 

 

Jeffrey A. Tucker is Editorial Director for the American Institute for Economic Research.

Buy Liberty or Lockdown here: https://www.amazon.com/gp/product/1630692123?pf_rd_r=YXJ7ZTETT48NWAPJZW2D&pf_rd_p=edaba0ee-c2fe-4124-9f5d-b31d6b1bfbee

0:23 – “The American government was justified in shutting down the economy to halt the spreading of a deadly, contagious disease that has killed millions worldwide in order to save the lives of its citizens” – How do you respond?

2:28 – ‘Logic tells us social distancing = less spreading = less death’

5:46 – Is there any correlation between locked down areas & lower death rates?

9:08 – Hong Kong Flu of 1968 – https://www.aier.org/article/woodstock-occurred-in-the-middle-of-a-pandemic/

14:02 – Solutions v. trade offs, what are the 2ndary effects of the lockdowns?

16:04 – ‘We didn’t know what this was, lockdowns were our way of playing it safe.’

19:40 – Are cases & deaths increasing or decreasing?

25:27 – Immune systems & the Flu shot

28:28 – New decade, new justification for government – how can we think our way out of this?

30:52 – ‘There are no libertarians in a pandemic, this shows we need socialism.’

 

 

LBRY.tv: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/Liberty-or-Lockdown–Jeffrey-Tucker—Keith-Knight:8

Archive.org: https://archive.org/details/liberty-or-lockdown-jeffrey-tucker-keith-knight

Minds.com: https://www.minds.com/newsfeed/1161030400039358464?referrer=KeithKnightDontTreadOnAnyone

BitChute: https://www.bitchute.com/video/ZkmBQh4R37yA/

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The Great Ron Paul

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No Quarter: The Ravings of William Norman Grigg

by Will Grigg

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What Social Animals Owe to Each Other

by Sheldon Richman

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