https://youtu.be/ef-EDYwNbKk Every flaw that people point out in consumer choice is present, but much worse, in political choice! - Asymmetric information about quality (where producers have more knowledge about the product than consumers)? Check. Consumers can look...
https://youtu.be/rtKglXe5c3E When I say “capitalism,” I mean a full, pure, uncontrolled, unregulated laissez-faire capitalism—with a separation of state and economics, in the same way and for the same reasons as the separation of state and church. - Ayn Rand,...
https://youtu.be/1cV--8aT074 From Patrick McFarlane's Liberty Weekly Show Notes: In this first video/documentary style podcast, I review Lt. Col. Dave Grossman’s seminal work On Killing: The Psychological Cost of Learning to Kill in War and Society. In doing so, I...
A pet peeve of mine is the distinction, drawn even by some market enthusiasts, between so-called personal liberty (or civil liberties) and economic liberty. The former, which usually includes freedom of conscience and religion, speech, and press, is thought to be...
F. A. Hayek, the Nobel-Prize-winning economist of the Austrian tradition, provided a possible answer to the question posed in the title. Although Hayek (1899-1992) to my knowledge had nothing to say about the climate controversy, his views on macroeconomics met with a...
https://youtu.be/LALiVLMtN2o ... while Ludwig von Mises was acknowledged as one of Europe’s most eminent economists in the 1920s and 30s, the language barrier shut off any recognition of Mises in the Anglo-American world until the mid-1930s; then, just as his business...
https://youtu.be/Rv4r7EW5hxc Government is the very negation of charity, for charity is uniquely an unbought gift , a freely fl owing uncoerced act by the giver. Murray N. Rothbard Man, Economy, and State with Power and Market, p. 1228 Isabella Riley on Twitter:...
https://youtu.be/SEN7wqtbX_o No one can fully develop his powers in any direction without engaging in specialization. ... the developing division of labor is a key to the advance of any economy above the most primitive level. A necessary condition for any sort of...
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