Voluntary Exchange Sources

25 Apr The Ignorant World and What to Do About It

Posted at 11:04h in Voluntary Exchange Sources by one80Admin

A spectre is haunting the Western world – the spectre of a grossly mistaken understanding of the world. British kids have nightmares about the climate. Half of French respondents think it likely that climate change will cause “the extinction of the human race.” American teachers coddle...

25 Apr An Age-Old Debate | Highlight Ep.10

Posted at 11:03h in Voluntary Exchange Sources by one80Admin

Join Victor Davis Hanson in an excerpt from Hillsdale College's online course, "The Second World Wars." https://bit.ly/2PZqllS From 1939 to 1945 the world was at war. Ultimately, the fight for freedom over tyranny was won in large part by superior strategy.Victor Davis Hanson, the Wayne...

25 Apr The economics behind the COVID-19 baby bust

Posted at 11:00h in Voluntary Exchange Sources by one80Admin

At the beginning of the COVID-19 pandemic, some academics predicted a “baby boom,” as couples found themselves locked down with nothing to do. But those familiar with economics knew differently – and the data have now backed us up. The coronavirus “baby boom” has turned into...

24 Apr Is Socialism Better Than Capitalism? A Soho Forum Debate

Posted at 12:38h in Voluntary Exchange Sources by one80Admin

Jacobin's Ben Burgis says yes, Soho Forum's Gene Epstein says no.------------------Subscribe to our YouTube channel: https://www.youtube.com/ReasonTV?sub_...

24 Apr Understanding “Austrian” Economics

Posted at 12:37h in Voluntary Exchange Sources by one80Admin

"Austrian" economics owes its name to the historical fact that it was founded and first elaborated by three Austrians: Carl Menger (1840–1921), Friedrich von Wieser (1851–1926), and Eugen von Böhm-Bawerk (1851–1914). The latter two built on Menger, though Böhm-Bawerk, in particular, made important additional contributions. Menger's...

24 Apr The tax code — with Amity Schlaes (1999) | THINK TANK

Posted at 12:27h in Voluntary Exchange Sources by one80Admin

Original air date: April 12, 1999The tax code is too complicated. Americans are overcharged by the federal government because of all the confusion and uncertainty. What are possible alternatives? Is government spending too much?Host:Ben Wattenberg — senior fellow, American Enterprise InstitutePanelists:Amity Schlaes — Wall Street...

23 Apr “Malign Psychological Changes”

Posted at 10:07h in Voluntary Exchange Sources by one80Admin

(Don Boudreaux) TweetIn this seven-and-a-half-minute-long speech, Dan Hannan tells the House of Lords that fear of Covid-19 caused many people to resort to their “paleolithic heuristics,” and that “the world into which we emerge from lockdowns will be poorer, colder, more pinched, more authoritarian.” Indeed....

22 Apr Bonus Quotation of the Day…

Posted at 17:40h in Voluntary Exchange Sources by one80Admin

(Don Boudreaux) Tweet… is from page 66 of Tom Palmer’s 2011 essay “Adam Smith and the Myth of Greed,” as this essay appears in the 2011 collection The Morality of Capitalism: What Your Professors Won’t Tell You (Tom Palmer, ed.): A common mistake is to identify the...

22 Apr Kingdom economics: work and trade as gift-giving

Posted at 17:39h in Voluntary Exchange Sources by one80Admin

When reflecting on our economic action, we tend to be overly focused on one side of the exchange: our own benefit, our own profit, our own “piece of the pie.” Our consumer-centered culture happily affirms such an emphasis, routinely promoting a zero-sum vision of the...

22 Apr Capitalism’s Not-So-Dirty Secret

Posted at 16:32h in Voluntary Exchange Sources by one80Admin

Environmentalists tend to be suspicious of capitalism. In some cases, this suspicion bleeds over into outright hostility. Capitalism is often seen as the source of environmental problems such as pollution, resource depletion or blights on the landscape. And certainly the early stages of economic development...