Many people formerly of the left, who have bid good riddance to their former political home, believe they can retain the mantle of authentic liberalism while ignoring its free-market component. They don't want socialism, and they appropriately dislike the right-wing....
https://youtu.be/Eg9OIssCmsc One of the most incredible attributes of free markets is the ability to harmonize our self-interests with the interests of greater society. Contrary to the popular demonization of profits as extraction of surplus value, profits in freed...
https://youtu.be/xGrh6D3o8Kw One need look no further than to the examples of North and South Korea or East and West Germany to see that the freer people are, the wealthier they can become through mutually beneficial voluntary exchange. These two controlled...
https://youtu.be/L1cGI5U_UaA
Download Episode. Scott talks with Ryan McMaken about free markets and free trade. They begin with a discussion about the role of the Mises Institute in the push for sound money. Scott then asks McMaken about the nuances of debating capitalism vs. socialism while...
The socialist left says the evidence capitalism oppresses the poor is that free markets relocate factories to the poorest nations in order to pay the lowest wages. And when wage rates rise in poor nations like South Korea and Japan, they move their factories over to...
"I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.” --John Stuart Mill, 1828 We mustn't let the wrongdoing of politicians and bureaucrats blind us to the good...
Wholefoods, one of the most consciously ethical companies in the world, was picketed by animal rights activists in 2003. At first, CEO John Mackey was incensed. After all, Wholefoods are the good guys! Couldn't these would-be revolutionaries take their complaints to...
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