The Truth About Central Banking and Business Cycles
Just because we've had a system of central banking for 100 years doesn't mean we ought to. In fact, it's starting to look like central banks do more harm than good. From obscuring the true cost of credit to causing confusion about good investments, central bankers end up papering over economic problems. And when they send the wrong messages to savers and consumers trying to coordinate their plans, boom and bust cycles lengthen and worsen.
Scripted, animated, and produced by Steve Patterson. Extremely special thanks to Julia Patterson.
You can now watch this video with Portuguese subtitles thanks to Portal Libertarianismo. Click here to watch with Portuguese subtitles: https://www.youtube.com/watch?v=M943aTh4kas
This week, Antony & James take on the idea of "victimless crimes" and discuss the odd and growing trend of governments regulating some private activities such as pornography, while others like smoking marijuana are increasingly allowed. People imposing their values on others seems to boil down to an inability to appreciate that others have different preferences, but it all results in Americans losing freedom and instead becoming a nation of pets.
Learn more here:
https://fee.org/articles/were-becoming-a-nation-of-pets/
http://www.antolin-davies.com/research/trib0217.pdf
http://www.antolin-davies.com/research/philly0317.pdf
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This past summer Robert McNamara, Staff Attorney with the Institute for Justice, presented his lecture 'Why Private Property Matters in a Free Society' during Freedom Academy I in Estes Park, CO.
The introductory lecture explores property rights and private property for high-school students.
Find out more about the FEE Summer Seminars at: http://www.fee.org/seminars
Welcome to the first episode of "On the Frontlines", a new interview series from the Foundation for Economic Education featuring brave men and women who risk everything to fight for freedom in the US and around the world.
In our first episode, FEE President Lawrence W. Reed discusses the state of Venezuela with notable activist, Javier Garcia Hernandez.
As a Venezuelan opposed to Nicolas Maduro's policies Javier has experienced violence and frequently risked arrest for his views. Many of his friends have been imprisoned and even killed protesting socialism in their native country.
Watch Javier tell this story in his own words.
Technology doesn’t just change things, it utterly destroys things. And that’s just fine. It happens so often that people barely even notice when it does. Think about all the new services that have come to market just over the past few years: Uber, Airbnb, Redbox … the list goes on and on.
But that’s only half the story. In turn, the list of services replaced by these new ones is similarly long: taxis, hotels, Blockbuster, etc. And workers in these industries often lose their jobs in the line of creative destruction. We generally accept this as the price of innovation, but many people try to use the government to stop this by blocking the new services.
Today we’re seeing this with more politically well-connected industries like taxis and hotels. Pressure is put on Uber and Airbnb, respectively, to “protect” the established industries they are upending.
This week, Ant and James talk about why this is always a mistake.
Learn More:
https://fee.org/articles/government-cant-stop-creative-destruction/
--Edited by--
Pavel Rusakov
Infomercial innovator, and original host of the hit TV show Shark Tank, Kevin Harrington, talks about his life and career and encourages everyone to think about how they can use the principles of entrepreneurship to boost their own career success even if they never start a business themselves.
A collection of essays by FEE President Lawrence W. Reed and historian Burton W. Folsom, Jr. that surveys the economic history of the United States and the modern world. Along the way, they dismiss commonly-held fallacies and present the stories of the individuals who changed history and expanded liberty for everyone.
Buy the Paperback here: https://www.createspace.com/3730352
Buy the Kindle version here: http://www.amazon.com/Republic--If-We-Can-Keep-ebook/dp/B007WU6HTE/ref=sr_1_2?ie=UTF8&qid=1335277143&sr=8-2
On Saturday, May 5, 2012, the Foundation for Economic Education hosted Evening at FEE event with Professor Jack Chambless of Valencia College.
"The Curse of Alexander Hamilton" examines the historical evolution of the General Welfare Clause of the U.S. Constitution from the Constitutional Convention to the 1936 Supreme Court decision that fundamentally changed the role of government in the lives of the citizenry. Hamilton's view of the definition of the 'general welfare' along with competing views by other Founders and statesmen that followed will be examined in order to provide a historical picture of the intense debate that has been with us since the founding of the nation and still shapes economic policy today.
Jack A. Chambless is a professor of economics at Valencia College in Orlando, Florida where he served as the Patricia Whalen Chair in Social Science in 1999 and 2004. In addition to teaching Principles of Micro and Macroeconomics he has also taught honors courses in economics and special topics courses entitled "Biological Economics" and "Oil, Economics and Terrorism."