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

by | Oct 17, 2020

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

About Keith Knight

Keith Knight is Managing Editor at the Libertarian Institute and host of the Don't Tread on Anyone podcast.

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