https://youtu.be/iChl-tfUahU A change in how people honored markets and innovation caused the Industrial Revolution, and then the modern world....People had to start liking “creative destruction,” the new idea that replaces the old...Europeans and then others came to...
https://youtu.be/UOgAAui-DOQ In all societies, public opinion is determined by the intellectual classes, the opinion molders of society. For most people neither originate nor disseminate ideas and concepts; on the contrary, they tend to adopt those ideas promulgated...
https://youtu.be/0tur_Zpvl8I Slavery is one of the oldest and most universal of all human institutions. Slavery has existed among peoples around the world, as far back as recorded history goes— and archaeological explorations suggest that it existed before human...
https://youtu.be/Ga4JWC_jgSo In reality, most of the great fortunes in American history have resulted from someone’s figuring out how to reduce costs, so as to be able to charge lower prices and therefore gain a mass market for the product. Henry Ford did this with...
https://youtu.be/NUjIIBjxQAE Indeed, even the capacity to discover natural resources depends upon institutions; countries with market-oriented institutions are far better at discovering their natural resources than countries with non-market institutions. Jason...
https://youtu.be/COc7hvB8TpE ...nations are made up of different people with different levels of power and different interests. The benefits of the empire-building were concentrated among the politically well-connected few, such as weapons makers, certain monopoly...
https://youtu.be/oCOCTSu82no In a nutshell, people who are scared are more easily controlled. We can be manipulated by those who want power over us if we’re worried and they have a supposed solution to our perceived problems. Connor Boyack, How Not to Suck at Life: 89...
https://youtu.be/CNKHDifCOc0 The only viable definition of monopoly is a grant of privilege from the government. It therefore becomes quite clear that it is impossible for the government to decrease monopoly by passing punitive laws. Th e only way for the government...
