Adam Smith

TGIF: Pursue Your Happiness and Forget the Rest

pursuit

How about we do something novel in the new year? Let's stop worrying about the stuff most politicians, pundits, and activists want us to worry about and instead think about ourselves, our families, our friends, and whatever communities we choose to be part of. Let's forget about "the country" and the rest of the world. Let's individually pursue happiness. All I'm saying is that it's finally time for the politicians, bureaucrats, and know-it-all intelligentsia, left or right, to get out of the way and let us set our own agendas. Too self-centered? Well, too bad. Much evil results from...

As the Wise Man Said…

[T]the obvious and simple system of natural liberty establishes itself of its own accord. Every man ... is left perfectly free to pursue his own interest in his own way.... The sovereign is completely discharged from a duty [for which] no human wisdom or knowledge could ever be sufficient; the duty of superintending the industry of private people, and of directing it towards the employments most suitable to the interest of the society. --Adam Smith, The Wealth of Nations, Book 4, Chapter...

Surplus Exploitation Theory of Value – DEBUNKED

surplus exploitation theory of value debunked

https://youtu.be/NKjWFoqxCw0 ... Böhm-Bawerk, in sum, posed the grave inner contradiction of Marxian theory plainly and starkly: Marx claimed that goods exchanged on the market in proportion to the quantities of labor embodied in them (i.e., that their values are determined by the quantity of labor-hours needed to produce them), and yet also conceded that the rates of profit on all goods tended to be equal. And yet, if the first clause is true, the rates of profit would be systematically lower in proportion to the intensity of capital investment, and higher in proportion to their...

The Anti-Capitalist Ideology of Slavery

the anti capitalist ideology of slavery #1619project

https://youtu.be/F6bdrqNX8Qs ... the draft — that obnoxious system of slavery and forced murder. There is nothing anyone even remotely calling himself a libertarian can say about the draft except that it is slavery and that it must be combatted. Murray N. Rothbard Libertarian Forum v. 1, p. 42 The 1619 Project: A Critique: https://www.aier.org/article/the-1619-project-a-critique/ Phillip W. Magness is a Senior Research Fellow at the American Institute for Economic Research. He holds a PhD and MPP from George Mason University’s School of Public Policy, and a BA from the University of St....

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

Art Carden

https://youtu.be/0qS7EhhDWFA “... 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....

Open: The Story of Human Progress. Johan Norberg and Keith Knight

Johan Norberg Open

https://youtu.be/yrNRQG8Kjic 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...

4 Common Myths About Free Market Capitalism

External Content.duckduckgo

https://youtu.be/jEh4LEdZ_kE ... neither capitalists nor workers act in practice as if they are each members of monolithic, conflicting classes. On the contrary, capitalists persist in competing with each other, and workers likewise. Murray N. Rothbard Classical Economics, p. 383   ... capitalists, being the peculiarly mobile and dynamic groups in society that can either flourish on the free market or try to obtain state privileges, are, then, particularly ill-suited to a homogeneous class analysis. Murray N. Rothbard Conceived in Liberty v. 1, p. 262; p. 252   The capitalist...

Why Some Countries Are Wealthy, and Others Are Impoverished – Brennan and Mises

Untitled Design

https://youtu.be/rvDpwalgHq4 ... in a progressing economy, i.e., in an economy with increases in gross savings and investment, money wages and ground rents may well fall, but real wages and rents will rise. Murray N. Rothbard Man, Economy, and State with Power and Market, p. 526   When capital investment increases, and technology improves, the real wages of workers and the standard of living of consumers increase, even though they have contributed nothing to these advances. By simply continuing to work and consume, laborers and consumers receive the benefits of the inventions and...

If Adam Smith Were Writing the Wealth of Nations Today

“It is not from the benevolence of the mask maker, glove maker, or hand-sanitizer maker that we expect our person protective equipment, but from their regard to their own self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but of their advantages.”

News

Zelensky Tries to Stop Leaks Coming From His Government

Ukrainian President Volodymyr Zelensky has voiced frustration with unnamed officials from his own government for speaking with the press. During his daily briefing on Thursday, the Ukrainian leader said leaks were harming Kiev’s war effort and are “frankly irresponsible.”

News Roundup 8/11/2022

US News Advisers at 1st Security Force Assistance Brigade racked up at least 60 misconduct offenses, including incidents with alcohol, drugs and adultery; a battalion commander was fired; members of one advising team are facing punishment for their behavior in...

Blog

RIP Michael Badnarik

I am told this morning that Michael Badnarik died in his sleep of heart failure last night. Michael was a great believer in and defender of freedom and the United States of America and its Constitution. He represented the Libertarian Party as presidential candidate...

KPFA Saturday Evening News–How Violence Breeds Violence

Short contribution of Laurie Calhoun to the KPFA Saturday Evening News on August 6, 2022, with David Rosenberg about drone assassination and the logic of “violence breeds violence”. This three-minute exchange spans 5:10-8:15. Many other foreign policy topics are also...

Drone Assassination: Inconvenient Facts

On the assassination of Ayman al-Zawahiri by U.S. drone in Kabul (from Accuracy.org): [Laurie Calhoun] said today: “President Biden has pivoted from the multiple crises of his administration — inflation, heightened tensions with China and Iran, and even the very real...

The Scott Horton Show

8/8/22 Bonnie Kristian on America’s Ongoing War in Somalia

 Download Episode. Scott interviews Bonnie Kristian about her new book and an article she wrote recently on America’s war in Somalia. After the withdrawal of troops from Afghanistan last summer, Somalia is now America’s longest war. Though Trump temporarily shifted...

Conflicts of Interest

COI #310: Was the Al-Qaeda Leader Killed in Afghanistan?

On COI #310, Kyle Anzalone and Connor Freeman discuss Iran, Israel and Afghanistan.   Odysee Rumble  Donate LBRY Credits bTTEiLoteVdMbLS7YqDVSZyjEY1eMgW7CP Donate Bitcoin 36PP4kT28jjUZcL44dXDonFwrVVDHntsrk Donate Bitcoin Cash...

COI #308: Moving Closer to Nuclear War

On COI #308, Kyle Anzalone discusses warnings that the world is close to annihilation. Odysee Rumble  Donate LBRY Credits bTTEiLoteVdMbLS7YqDVSZyjEY1eMgW7CP Donate Bitcoin 36PP4kT28jjUZcL44dXDonFwrVVDHntsrk Donate Bitcoin Cash...

Don't Tread on Anyone

The Utilitarian Case for Voluntaryism

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...

The State is the Health of War

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...

Who Was Tony Timpa?

https://youtu.be/zQiIPeHLQp4 “Unless it be to do justice on an offender,” Locke continued, no one may “take away, or impair the life, or what tends to the preservation of the life, the liberty, health, limb, or goods of another.” Long traces out a key implication of...

Liberty Weekly Podcast

Pelosi’s Pickled Provocation Ep. 227

https://youtu.be/6t0w03HduRI In the last two weeks, I spent a great deal of time covering Nancy Pelosi's reckless diplomatic visit to Taiwan. As a part of my coverage, I made a panel appearance on Around the Empire with JoAnne Leon and was glad to be a guest on It's...

Lies, Damned Lies, & War Propaganda ft. Prof CJ Ep. 226

  https://youtu.be/Qp4xpGlxsx8 In this week's episode, I invited Prof. CJ of the Dangerous History Podcast on to talk about Part I of his current podcast series. In Part I, Prof. CJ explores the "massive British propaganda operation in the US that ran from...

The Danger of the Fake China Threat ft. Joseph Solis-Mullen Ep. 225

https://youtu.be/OEcx1yQn6ic This week, I invited Joseph Solis-Mullen on the show to discuss his most recent article published at the Libertarian Institute. The article, entitled "The Fake China Threat and Its Very Real Danger" does an excellent job of demonstrating...

Year Zero

Tim Pool is Wrong About China w/ Patrick MacFarlane

Patrick is back, and this time we’re discussing how and why Tim Pool is wrong about China. Liberty Weekly Patrick Twitter Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon RyanBunting.com

BTC Vs ESG w/Car

Car from TLE joined me again. This time I wanted Car to address my Concerns about ESG, and how he thought BTC was the answer. Timeline Earth Who is Car Timeline Earth Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon...

Origins and Myths w/Adam Patrick

Adam Patrick is back to discuss the roots of metaphysical thought and language. Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon RyanBunting.com

46 & 2, Tool, the Shadow, and Jung w/Jon Hartmann

I asked my good friend Jon Hartmann to come back on the show to discuss Tool’s 46 & 2 and Jung’s concept of the Shadow. Jon Twitter Jon Instagram Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon...

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