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:
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?