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...
https://youtu.be/DG99R2dB8eg The problem with political decisions isn’t that most of us don’t get our own way. It’s also that these decisions are usually imposed on us against our will, by threats of violence...Democracy, as we practice it, is unjust. We expose...
https://youtu.be/ps4zBwGu8MU Is it really a surprise that as the government gets bigger and bigger and bigger, everything in life becomes more and more hyper-political? When you think about it, right, there are such profound differences that people have... you will...
https://youtu.be/mO0Wi-elguk If I try to take something from you, you will resist, imposing costs on both of us in the form of property damage and bodily harm, in addition to the cost of security you may incur to prevent future acts of coercion. It’s not just that...
https://youtu.be/WnvtYw_QKQE Critics often dismiss private law by alleging that disputes between enforcement agencies would lead to combat — even though this happens between governments all the time! In truth, the incentives for peaceful resolution of disputes would...
