https://youtu.be/HA_zM96coww To many people, even today, high profits are often attributed to high prices charged by those motivated by “greed.” In reality, most of the great fortunes in American history have resulted from someone’s figuring out how to reduce costs,...
https://youtu.be/VJqy-qP5ZtU Listing the main ways that society appears to treat men less fairly than women requires only a little more reflection to complete. Topping the list: a. Men are overrepresented at the bottom levels of society. They do most of the nasty,...
https://youtu.be/fmh1JeGAVP0 Here’s why: almost a hundred years ago, the Austrian economist Ludwig von Mises explained that socialism, even if run by benevolent despots and populated with workers willing to work for the common good, could still not match capitalism’s...
https://youtu.be/hHLQ3qRPIxg "In particular, it is forbidden for men aged 18–60, Ukraine citizens, to leave the borders of Ukraine," a statement from the service said, according to CNN. "This regulation will remain in effect for the period of the legal regime of...
https://youtu.be/L1WIoXexTmw After analyzing the prices of hundreds of commodities, goods, and services spanning two centuries, Marian Tupy and Gale Pooley found that resources became more abundant as the population grew. That was especially true when they looked at...
https://youtu.be/x8g6W0JRV1s Core to understanding the economy is recognizing that it is about human actions and interactions. In fact, the economy is people acting and interacting. It is little or nothing else. We tend to think of the economy in terms of resources,...
https://youtu.be/2QrYDV9QFTg (Source: Mark Perry at the American Institute for Economic Research) Over that period (1980-2018), the world’s population rose by 71.2 percent, yet the average working time required to earn enough money to buy 50 kinds of energy, food, raw...
https://youtu.be/AQ2zjwh8ehs Any statute or administrative regulation necessarily makes actions illegal that are not overt initiations of crimes or torts according to libertarian theory. Every statute or administrative rule is therefore illegitimate and itself...
