HERE’S THE DIFFERENCE: IN CAPITALISM, PEOPLE HAVE RISKED THEIR LIVES TO SAVE THEIR DOGS; IN SOCIALISM, PEOPLE KILL THEIR DOGS TO SAVE THEIR OWN LIVES … THAT’S WHY PEOPLE RISK THEIR LIVES TO MIGRATE TO THE UNITED STATES OF AMERICA. AND THAT’S WHY PEOPLE RISKED THEIR LIVES TO MIGRATE FROM VENEZUELA, NORTH KOREA AND CUBA.”
-Johan Norberg, author of Open: The Story of Human Progress
Johan Norberg is an author, lecturer and documentary filmmaker, born in Sweden. He is a Senior Fellow at the Cato Institute in Washington D.C. and the European Centre for International Political Economy in Brussels. He received his M. A. in the History of Ideas from the University of Stockholm.
***Open: The Story of Human Progress- https://www.amazon.com/gp/product/1786497166?pf_rd_r=FPQ6EYT3VWSN9KMA6K8T&pf_rd_p=edaba0ee-c2fe-4124-9f5d-b31d6b1bfbee
Johan Norberg on Facebook: https://www.facebook.com/johannorbergofficial/
Johan Norberg on Twitter: https://twitter.com/johanknorberg
0:00 – Quote
0:38 – Metrics for determining progress
2:13 – Why are some nations wealthy and others impoverished?
3:37 – Testing hypothesis from 17 years ago
6:59 – (Audio Issue) Why be optimistic about poverty?
8:52 – Social & economic freedom
10:18 – Free markets defined
11:11 – The moral case for free markets
13:27 – Why American ideals matter
16:18 – Why Bernie is so attractive
18:30 – Why Trump is so attractive
21:26 – “History is irrelevant, redistribute now!”
23:39 – Competing theory of history: Progress is the result of the state
#1 Cause of Homelessness: https://youtu.be/SSX3jlsertI
29:26 – Correlation v. causation
33:16 – “Wealth is the result of slavery, imperialism, & natural resources.”
36:41 – What about the environment?
39:54 – The fallacy of unattainable perfection
42:34 – Most important thing you learned from the works of Adam Smith?
45:08 – Milton Friedman?