This episode features a lecture by economics professor David Friedman from 2015. He is speaking to a group of teachers who grade the AP Economics exam.
Tag: economics
Edward Stringham: Private Governance (25m)
This episode features an interview of economics professor Edward Stringham from 2015 by Jeff Diest, host of the Human Action podcast (formerly Mises Weekends). Edward is the author of a book called Private Governance: Creating Order in Economic and Social Life, where he looks back at the history of private legal systems, and in so doing demolishes the idea that only the state can manage and adjudicate human conflicts. Today, Edward gives some concrete, real-world examples of how private governance operates in our statist world. If you’re interested in Rothbardian and Hoppean anarcho-capitalism, you’ll find Edward’s book a great addition to your library, and you’ll enjoy hearing this interview.
Are Kids Learning More at Home During COVID-19?
More than one billion students around the world are currently missing school due to the COVID-19 pandemic. Several US states have already canceled school for the remainder of the academic year, turning to online learning when possible, and other states are likely to extend their school closures soon. Some educationists panic about learning loss while children are at home with their families, and headlines abound about how “homeschooling during the coronavirus will set back a generation of children.”
Walter Block: Defending the Fat Capitalist-Pig Employer (25m)
This episode features an audio essay written by economics professor and Austro-libertarian Walter Block from 1976, and which comprises Chapter 29 of Defending the Undefendable.
When Kids Ask: Why Is there No Toilet Paper?
At both of the grocery stores within walking distance of my house, there hasn’t been any toilet paper for days. My kids are asking why this is, and maybe yours are too. Sheltering kids from reality doesn’t do them any favors in the long run. It is both empowering and comforting to instead seize the teachable moment and replace confusion with understanding: in this case economic understanding. And you can only do that if you first acquire that understanding for yourself.
Do Intellectuals Make Life Any Better?
There’s a path my life could have taken – could still take – toward the life of an intellectual. I’ve just about always been interested in one or more of the favorite intellectual subjects of philosophy, history, politics, theology, economics, psychology, and sociology (whatever that is). I’ve always liked to have big opinions on things. And I’ve always preferred toying with ideas to toying with numbers or machines. But I’m beginning to think this is an aptitude worth resisting. It’s not obvious to me that intellectuals as such bring a whole lot of benefit to the world.
Happy National Tired and Grouchy Week
On Sunday, March 8, millions of Americans woke up an hour early, having set their clocks ahead by an hour the night before, and dug in for a week or so of bleary-eyed, irritable attempts to tweak their bodies’ natural sleeping and waking rhythms. This fatuous semi-annual “spring forward, fall back” ritual, called “Daylight Saving Time,” ranks high on my personal list of “dumbest ideas in the history of mankind.”
Richard Ebeling: Non-Intervention, America’s Founding Foreign Policy (34m)
This episode features a talk by ethics and economics professor Richard Ebeling from 2018. America is enmeshed in permanent, ongoing foreign wars and interventions. The results of foreign interventionism have been catastrophic, not only in terms of massive death and destruction abroad, but also in terms of ongoing, ever-growing destruction of liberty, privacy, and prosperity here at home. It is time for America to do some serious soul-searching. The best place to begin is by examining first principles — especially the founding principle of non-interventionism on which our nation was founded and which remained its guiding principle for more than a century.
Open Borders: Think of the Children
I love to see kids reading Open Borders. When my daughter was five, she read it over my shoulder as I wrote it – and I knew I was right to make it a graphic novel. Since then, I’ve heard about dozens of kids enjoying the book. When I advertise it and add #ThinkOfTheChildren, I’m not joking. I really would like to put Open Borders in the hands of every kid on Earth.
Caplans of the Caribbean
I just returned from cruising the Caribbean on Anthem of the Seas. Maybe you’ve heard of it? Fortunately, no coronavirus panic marred our vacation, and the concluding scare at the dock turned out to be a false alarm. Though I’d seen a little of the Caribbean before, this trip was a heavy dose: after a stop at San Juan, Puerto Rico, we sailed on to St. Maarten, Antigua, St. Lucia, and St. Kitts. Here are my social science reflections.