Speaker: Professor Paul Dolan Chair: Howard Davies This event was recorded on 8 February 2011 in Sheikh Zayed Theatre, New Academic Building In Absolute Begi…
Video Rating: 4 / 5
Presented by Thomas E. Woods, Jr. at the “Economics for High School Students” seminar. Recorded at the Mises Institute in Auburn, Alabama; 20 November 2009. …
Video Rating: 4 / 5
Does anyone have the source data for the Relatively Rewarding/Pleasurable
slide he shows at 26:09, I would really like to look into this more but
unfortunately all I have to go on is “German data”.
I studied behavior modification in college and find it creepy that these
men in the policy formation loop are trying to manipulate people. But then
commercial interests have been using these techniques since time
immemorial. Possibly they need to find out how industry has used these
methods.
can we see slights too?
Brilliant talk
cool
well said sir!!
supermoney.eu.tc
Great lecture, thank you Paul.
The absence of governmental intervention in economic affairs does not yield
free markets. As Adam Smith advised, we need law — enforced by government
– prevent the creation of monopolies and cartels. Just law must also
prevent the creation of rentier privilege (i.e., the ability of
non-producers to claim what others produce because of privilege enjoyed
under law). The solution was best offered by the political economist Henry
George: the public collection of the rent of land combined with the
elimination of the taxation of income earned by producing goods and
providing services. Henry George’s insight is to recognize that nature is
the source of individual wealth but is the societal commons from which
individual wealth is produced.
This should be called – “rewriting history to fit far right wing economic
theories”.
The rise of the middle class coincided with the rise of unions and the
highest tax rates in history purely out of coincidence I suppose.
I keep linking people to this video because it makes such a great argument,
explains the real issues so clearly.
But some people never seem to be convinced. Such an irrefutable argument,
yet they remain stubbornly ignorant.
This guy is the best speaker of the all time!
This was very interesting. However, he says that people shouldn’t be drones
and what “they” want us to be. But he wants us to follow people who they
believe are right. They happen to predict the economy in a few years. Isn’t
that like the weather. Sometimes it’s right, but sometimes you need to hear
someone else’s forecast and pick which one you trust. He is only giving he
side of what he wants us to follow. He said incentives influence people.
How many people’s real incentives are to find the truth?
Applying Economics to American History | Thomas E. Woods, Jr.
This guy has dumbed down the concept so much that he leaves out all the
grips people have with an unregulated capitalist system and says all
government can do is redistribute wealth or pick winners. Regulation is all
about setting rules businesses have to obey while competing with each
other, it’s as simple as that. For example, a regulation might say you
cannot use asbestos in construction, it might be a cheaper option and
quicker to install, but it’s dangerous, therefore you cannot use it.
Setting a minimum wage is just saying if you employ someone and their job
is worth less than this very low amount to you, then either don’t hire them
and do without, or find someway for their work to be more valuable to you
and a minimum wage sets a benchmark for others to set a value for their
labour to sell to their employer. And this guy criticizing unions, come on,
they are the most capitalist thing there is, they are a way for people to
get employees to use the simple supply and demand system to get a better
deal, isn’t that what capitalism is all about, providing a good or service
compensated by an amount dictated by supply and demand.
Awesome video that puts many things we take for granted into
perspective…. “it never occurred to anyone that you could live in a
society in which your labour was so productive, thanks to the capital
goods at your disposal, that you could work and your kids wouldn’t have to”
He definitely read Atlas Shrugged.
A great lecture!
I love the learnliberty edited video of this Lol
i Always wonder if ppl like you believe their own bs
Must Watch !!
Lol, maybe they just invented the dialectic method (later to become
“Hegelianism”) as a tool for mass control. And that ideology has a lot of
non-jewish disciples, too…
Can I get a link of your citations for this? I would really like to look
into this further.
“Statism is Dead” by Molyneux. W kwestii lichwy – bardzo chętnie pożyczę od
ciebie dowolną ilość gotówki na 30 lat bez procentu. Put your money where
your mouth is, jak mawiają Amerykanie, nie strzęp języka po próżnicy, gdyż
pożyteczną rzeczą dla społeczeństwa jest gdy głupiec i jego kasa pójdą
różnymi drogami. W każdej innej kwestii, którą poruszyłeś tutaj – nie wiem
kto ci tak beret zrył ale moje szczere kondolencje, coś okropnego.
Tom kicks ass
Go to a real 3rd world country. There are such things as sweat shops. They
are called maquiladora factories. american workers are not exploited as
much. Its fine if you just want to make maximum profits, have things made
in china.
Since the cost of living will be reduced to practically nothing, any
reduction in wages will be accompanied by an even greater fall in the wage
level that should properly be considered subsistence. Real wages will
increase.
If you say labor should be paid equally…then all products must be equal
in price, too. Huh? If you can’t make a distinction between the value of an
engineer and a bus driver then you obviously can’t see a distinction in
value between an apple off a tree and an Apple Iphone. C’mon man…your
dream world of equality is absurd. Nothing is ever equal. Especially not in
humans. We all have different worths…which means we all have different
monetary value.
Like if Mr. Felice brought you here.
If it’s alright, I’m going to share this on my facebook
Now we must come out of the closet to the mainstream. We will infiltrate
this once liberal culture and turn it into truly free one. Libertarianism
is a beautiful thing.
are the winners every time?Those ideologies are based on DEBT from USURY
because they take from the nation and its government their sole privilege
of issuing their own currency to oil their economy.Every time a dollar is
issued,either by the FED (private bank owned by a consortium of private Jew
banks),or other,smaller,private banks (partial reserve system!),there comes
with it,DEBT which the nation must pay to the ones (Jews) who usurped the
nations’s money issuing privilege (1913 in America).