The Moral and Economic Case for Free Markets. Art Carden and Keith Knight

by | Nov 4, 2020

The Moral and Economic Case for Free Markets. Art Carden and Keith Knight

by | Nov 4, 2020

Art Carden

 

 

“… there are two and only two ways of attaining wealth in society: (a) by production and voluntary exchange with others — the method of the free market; and (b) by violent expropriation of the wealth produced by others. The latter is the method of violence and theft. The former benefits all parties involved; the latter parasitically benefits the looting group or class at the expense of the looted.”

 

Murray N. Rothbard 

Ethics of Liberty, pp. 166–67

Art Carden is a professor of economics at the Brock School of Business at Samford University.

http://artcarden.com/

Buy Leave Me Alone and I’ll Make You Rich here:

https://www.amazon.com/gp/product/022673966X?pf_rd_r=DGBKK3MA2N8AKBAN0PXZ&pf_rd_p=edaba0ee-c2fe-4124-9f5d-b31d6b1bfbee 

——————————————————————————————————————————————————

0:00 – Quote

1:07 – Why some countries are wealthy and others are impoverished, “The Great Enrichment”

4:18 – Do free markets breed exploitation of the weak by the strong? 

6:16 – How to measure wealth or standard of living?

7:50 – Free markets = materialism

10:13 – The innovation double standard 

12:32 – “Freedom means not caring about the long term results of your actions”

16:00 – “Slavery and colonialism caused the west to grow rich”

20:32 – Who protects the workers?

22:32 – Who protects the consumer?

26:38 – The moral difference between the state and the free market 

29:51 – Criticisms of the free market THAT ARE UNIQUE to the free market

32:12 – Best lessons from Adam Smith


LBRY: https://lbry.tv/@KeithKnightDontTreadOnAnyone:b/Art-Carden—Keith-Knight:8

BitChute: https://www.bitchute.com/video/QcfFud6ABV1p/

Archive: https://archive.org/details/art-carden-keith-knight

Minds: https://www.minds.com/newsfeed/1170153868018257920?referrer=KeithKnightDontTreadOnAnyone

About Keith Knight

Keith Knight is the founder of the YouTube, Minds, and BitChute Channel- "Keith Knight - Don't Tread on Anyone". Having supported Barack Obama in 2008, and Mitt Romney in 2012, he become a Libertarian Anarchist after running out of arguments for when initiating violence is morally permissible. His goal in life, is to spread knowledge of critical thinking, the Non-Aggression Principle, Self-Ownership, natural law and the Private Property Ethic.

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