As a follow-up to my recent article about F. A. Hayek's classic article "The Use of Knowledge in Society" (1945), I thought it worth extending Hayek's exploration of this area of social theory. In 1968 the Nobel laureate-economist delivered a lecture in German known...
Capitalism involves far more cooperation than competition—think of the number of mutually beneficial transactions you’ve had today compared to the number of competitions you’ve been in today - Chris Freiman, author of Why It's OK to Ignore Politics Democratic...
The most reliable and effective protection for most workers is provided by the existence of many employers. As we have seen, a person who has only one possible employer has little or no protection. The employers who protect a worker are those who would like to hire...
On COI #318, Kyle Anzalone discusses great power competition with Russia and China. Odysee Rumble Donate LBRY Credits bTTEiLoteVdMbLS7YqDVSZyjEY1eMgW7CP Donate Bitcoin 36PP4kT28jjUZcL44dXDonFwrVVDHntsrk Donate Bitcoin Cash Qp6gznu4xm97cj7j9vqepqxcfuctq2exvvqu7aamz6...
https://youtu.be/YD6XGXaKi0Y Many real criticisms apply to the free market: greed, envy, dog-eat-dog mentalities, short-sightedness, etc. The problem with all of those criticisms is that they apply many times over to the state, since, by definition, the state does not...
In the jungle, consumers compete, tooth and claw, with each other for scarce food. In the market, producers compete, peacefully, with each other, producing abundance for consumers. In the jungle, the rule is: eat or be eaten. In the market, it is: serve so that you...
I was a guest on the Noah Blaylock Show for a discussion of education and the consequences of government control of schooling. Listen to the podcast here.
Strictly speaking, liberty isn't the solution to problems. It's what creates the framework in which solutions can be discovered. That is an important distinction because it reminds us that advocates of full-blown liberty do not offer the world a problem-free society...
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