Podcast appearances and mentions of Henry Hazlitt

Mike and Taylor start Capitalize Your Fridays' new 4-part series - Economics Simplified. In this first episode, they discussed the books to look at when trying to dive into economic principles and the concepts behind those principles. The literary works discussed are Economics in One Lesson by Henry Hazlitt and I, Pencil an essay by Leonard Read. Key takeaways are the importance and consideration of long-term effects, avoiding policies with hidden costs, and focusing on coordinating resources to create wealth. Tune in to hear more!

SEPTEMBER 2024 | VOLUME 53, ISSUE 9The Dangers of Price ControlsHenry Hazlitt and Brian WesburyThe first issue of Imprimis, published in May 1972, featured an article titled “The Dangers of Price Controls” by Henry Hazlitt. The Federal Reserve back then was printing large amounts of money to fund massive government spending on Great Society programs launched during the presidency of Lyndon Johnson. As a result of printing so much money, the U.S. economy was suffering from rapid inflation. To address inflation, Federal Reserve Chair Arthur Burns and the Nixon administration dreamed up wage and price controls.Today we face a similar situation. The Federal Reserve has been printing a lot of money to fund the huge expansion in the size and scope of government that took place during and after the Covid pandemic. In response to the resulting inflation and the political unrest that comes with it, Vice President Harris and others are promising to outlaw “price gouging”—in other words, to impose price controls—which will eventually lead to wage controls as well, since production and prices involve both in an intimate way.Because economic truth remains the same today as it was 52 years ago, we are reprinting Henry Hazlitt's article from 1972, but with edits and updates by Brian Wesbury that bring Hazlitt's classic piece into today's world.See omnystudio.com/listener for privacy information.

SEPTEMBER 2024 | VOLUME 53, ISSUE 9The Dangers of Price ControlsHenry Hazlitt and Brian WesburyThe first issue of Imprimis, published in May 1972, featured an article titled “The Dangers of Price Controls” by Henry Hazlitt. The Federal Reserve back then was printing large amounts of money to fund massive government spending on Great Society programs launched during the presidency of Lyndon Johnson. As a result of printing so much money, the U.S. economy was suffering from rapid inflation. To address inflation, Federal Reserve Chair Arthur Burns and the Nixon administration dreamed up wage and price controls.Today we face a similar situation. The Federal Reserve has been printing a lot of money to fund the huge expansion in the size and scope of government that took place during and after the Covid pandemic. In response to the resulting inflation and the political unrest that comes with it, Vice President Harris and others are promising to outlaw “price gouging”—in other words, to impose price controls—which will eventually lead to wage controls as well, since production and prices involve both in an intimate way.Because economic truth remains the same today as it was 52 years ago, we are reprinting Henry Hazlitt's article from 1972, but with edits and updates by Brian Wesbury that bring Hazlitt's classic piece into today's world.See omnystudio.com/listener for privacy information.

La economía en una lección, de Henry Hazlitt, es un análisis brillante de los sofismas económicos que siguen rigiendo la política económica de gobiernos sin número por todo el mundo. Actualmente, no existe uno solo que no siga recurriendo a las falacias y a la lógica económica defectuosa que Hazlitt desenmascara con claridad y rotundidad en esta obra, todo un clásico en su género. La raíz del problema, como expuso Frédéric Bastiat en el siglo XIX, es que se tiende a tener en cuenta exclusivamente las consecuencias inmediatas de una política y sus efectos sobre un sector particular, sin reparar en las que produciría a largo plazo y sobre el conjunto de la comunidad.  Henry Hazlitt fue un brillante periodista económico, colaborador y columnista de importantes diarios como el Wall Street Journal o el New York Times. Durante más de 20 años fue director asociado de Newsweek. También fue autor prolífico de numerosos ensayos sobre economía y política, como The Failure of New Economics, Man versus Welfare State, The Foundation of Ethics y The Conquest of Poverty. Hazlitt ha sido considerado el periodista económico más importante del siglo XX en Estados Unidos y uno de los más destacados paladines de la libertad.    Daniel Fernández es licenciado en Administración y Dirección de Empresas por la Universidad Rey Juan Carlos de Madrid. También es máster de Economía de la Escuela Austriaca y doctor en Economía aplicada por la misma universidad. Actualmente es profesor de la Facultad de Ciencias Económicas de la Universidad Francisco Marroquín y director del observatorio UFM Market Trends de la misma institución. También mantiene una intensa actividad como divulgador desde su propio canal de YouTube. 

The Talkmaster share some thoughts on American journalist Henry Hazlitt. Take a listen See omnystudio.com/listener for privacy information.

The Talkmaster share some thoughts on American journalist Henry Hazlitt. Take a listen Atlanta's ONLY All Conservative News & Talk Station.: https://www.xtra1063.com/See omnystudio.com/listener for privacy information.

Henry Hazlitt's The Failure of the New Economics remains the best criticism of J.M. Keynes's General Theory.Original Article: Hazlitt Against Keynes on Unemployment and Wages: A Lesson for Modern Macroeconomics

Henry Hazlitt's The Failure of the New Economics remains the best criticism of J.M. Keynes's General Theory. Narrated by Millian Quinteros.

Henry Hazlitt Memorial Lecture. Sponsored by Shone and Brae Sadler.Recorded at the Austrian Economics Research Conference, 22 March 2024, in Auburn, Alabama. Includes an introduction by Joseph T. Salerno.Lecture Text: Thank you, Joseph, for your kind introduction and thank you, Shone and Brae Sadler, for your generous sponsorship in making this event possible. It is a pleasure and personal honor to be invited to deliver this Henry Hazlitt Memorial Lecture titled “Ayn Rand and the Austrian Economists” at the Mises Institute's Austrian Economics Research Conference.Henry Hazlitt is one of my favorite writers on economics and ethics. His thoughtful, incisive, and influential writings are marked by his clarity of style and logical analysis. Both Henry Hazlitt and Ayn Rand could really write. Hazlitt's non-fiction books, Economics in One Lesson and Foundations of Morality, along with his novel, Time Will Run Back, complement Ayn Rand's ideas in her books such as The Virtue of Selfishness, Capitalism: The Unknown Ideal, and Atlas Shrugged. In their philosophical, political, and economic views, Hazlitt and Rand largely agree, as they make the same points in different ways with respect to the virtue of the free market as the path to prosperity and happiness. Also, they were friends in their personal lives. In addition, Henry Hazlitt and I had a great friend in common in the late, well-respected and greatly-loved Austrian economist, Bill Peterson.I am excited to be here to give this talk on Carl Menger, Ludwig von Mises, and Murray Rothbard and how their ideas may be complementary to the essential ideas of Ayn Rand's philosophy of Objectivism. Perhaps I will be able to provide some new insights to you. We'll see!Like my recently deceased friend, Sam Bostaph, I have great admiration for the ideas of Carl Menger. I will begin by discussing some of Menger's key ideas and comparing them with those of Ayn Rand. I will then repeat this process with the fundamental ideas of Mises and Rothbard. I will conclude with an overall assessment with respect to the potential compatibility of Austrian economics and Objectivism.Carl Menger (1840-1921) began the modern period of economic thought and provided the foundation for the Austrian School of Economics in his two books, Principles of Economics (1871) and Investigations into the Method of the Social Sciences with Special Reference to Economics (1883). In these books Menger destroyed the existing structure of economic science, including its theory and methodology, and put it on totally new foundations.Menger was a realist who said that we could know the world through both common sense and scientific method. Menger was committed to finding exact laws of economics based on the direct analysis of concrete phenomena that can be observed and characterized with precision. He sought to find the necessary characteristics of economic phenomena and their relationships. He also heralded the advantages of verbal language over mathematical language in that the former can express the essences of economic phenomena, which is something that mathematical language cannot do.Menger viewed exchange as the embodiment of the essential desire and search to satisfy individual human needs. It follows that the intersection between human needs and the availability of goods capable of satisfying those needs is at the root of economic activity. Emphasizing human uncertainty, error, and the time-consuming nature of economic processes, Menger was concerned with the information content of economic choices and the process of acquiring information in order to increase the well-being of economic actors.As this talk will demonstrate, Carl Menger's writings are the closest to Randian doctrines that have ever emanated from any economist. It will follow that we should read and reread his great books and share them with our friends and students.Aristotelian philosophy was at the root of Menger's framework. His biologistic language goes well with his Aristotelian foundations in his philosophy of science and economics. Menger illustrated how Aristotelian induction could be used in economics and he based his epistemology on Aristotelian induction. Menger's Aristotelian inclinations can be observed in his desire to uncover the essence of economic phenomena. He viewed the constituent elements of economic phenomena as immanently ordered and emphasized the primacy of exactitude and universality as preferable epistemological characteristics of theory.Menger's desire was to uncover the real nature or essence of economic phenomena. As an immanent realist, he was interested in essences and laws as manifested in the world. His general and abstract economic theory attempted to unify all true fragments of economic knowledge.Holding that causality underpins economic laws, Menger taught that theoretical science provides the tools for studying phenomena that exhibit regularities. He distinguished between exact types and laws that deal with strictly typical phenomena and empirical-realistic types and laws that deal with truth within a particular spatio-temporal domain. Empirical laws are found by observation and exact laws are found by conceptualization. Menger's exact approach involves deductive-universalistic theory that looks for regularities in the coexistence and succession of phenomena that admits no exceptions and that are strictly ordered. His theoretical economics is concerned with exact laws based on the assumptions of self-interest, full-knowledge, and freedom. Menger's exact theoretical approach involves both isolation and abstraction from disturbing factors.Menger developed a number of fundamental Austrian doctrines such as the causal-genetic approach, methodological individualism, and the connection between time and error. He incorporated purposeful action, uncertainty, the occurrence of errors, the information acquisition process, learning, and time into his economic analysis. As an Aristotelian essentialist and immanent realist, he considered a priori essences as existing in reality. His goal was to discover invariant principles or laws governing economic phenomena and to elaborate exact universal laws. To find strictly ordered exact laws he said that we had to omit principles of individuation such as time and space. This entails isolation of the economic aspect of phenomena and abstraction from disturbing factors such as error, ignorance, and external compulsion. Menger thus argued for an exact orientation of theoretical research whose validity is totally independent of any empirical tests.Both Aristotle and Menger viewed essences, universals, or concepts as metaphysical and had no compelling explanations of the method to be employed in order to abstract the essence from the particulars in which it is indivisibly wedded. For Rand, essences are epistemological and contextual, rather than metaphysical. For her, concepts are the products of a cognitive method whose processes are performed by a human being but whose content is determined by reality.Menger's theory of needs and wants is the link between the natural sciences (particularly biology) and the human sciences. He established this link by describing the final cause of human economic enterprise as an aspect of human nature biologically understood. He analyzed economic activity based on a theory of human action. His theory emphasized individual perception, valuation, deliberation, choice, and action.The foundation of Menger's value theory is a theory of human action that involves a theory of knowledge. He believed that men can understand the workings of the economy. Menger's goal was to establish economic theory on a solid foundation by grounding it on a sound value theory. To do this, he consistently incorporated his methodological individualism into his theory of value.Menger understood that values can be subjective (i.e., personally estimated), but that men should rationally seek objective life-affirming values. He explained that real wants correspond with the objective state of affairs. Menger distinguished between real and imaginary wants and goods depending upon whether or not a person correctly understands a good's objective ability to satisfy a want. Individuals can be wrong about their judgment of value. Menger's emphasis on objective values is consistent with philosophical realism and with a correspondence theory of truth.Menger does trace market exchange back to a man's personal valuations of various economic goods and observes that scales of value are variable from person to person and are subject to change over time. There are certainly “subjectivist” features in Menger's economic analysis that are founded on his methodological individualism which implies that people differ and have a variety of goals, purposes, and tastes. Personal evaluation is therefore inherent in a principled and consistent understanding of methodological individualism.As a supreme advocate of individualist methodology, Menger recognized the primacy of active individual agents who generate all of the phenomena of the social sciences. His methodological individualism is a doctrine that reflects the real structure of society and economy and the centrality of the human agent.Menger's theory of value essentially states that life is the ultimate standard of value. According to Menger, human life is a process in which a person, given his needs and the command of the means to satisfy them, is himself the specific point where human economic life both originates and ends. Menger thus introduced life, value, individual preferences that motivate people, and individual choices into economics. He thus essentially agreed on the same standard of life as the much later Ayn Rand. Value is a contextual judgment made by economizing men. Value is related to the existential state of the individual and the ability of the good in question to change that state in a manner desired by the person.Although Menger speaks of economic value while Rand is concerned with moral value, their ideas are much the same. Both view human life as the ultimate value. The difference is that Menger was concerned with economic values that satisfy a man's needs for food, shelter, healthcare, wealth, production, and so forth. From Rand's perspective, every human value (including economic value) is potentially a moral value that may be important to the ethical standard of a man's life qua man. Their shared biocentric concept of value holds that objective values support a man's life and originate in a relationship between a man and his survival requirements.Both Rand and Menger espouse a kind of contextually-relational objectivism in their theories of value. Value is seen as a relational quality dependent on the subject, the object, and the context or situation involved.Not many Objectivists, or others for that matter, know much about Menger's Austrian Aristotelianism and his commonsense and scientific realism. This is unfortunate. His writings have the potential to provide essential building blocks for a realist construction of economics. Ultimately, they may provide the vehicle for the harmonization and integration of Austrian economics with Objectivism.As we know, the preeminent theory within Austrian economics is the Misesian subjectivist school. Mises maintained that it is by means of its subjectivism that praxeological economics develops into objective science. The praxeologist takes individual values as given and assumes that individuals have different motivations and prefer different things. The same economic phenomena mean different things to different people. In fact, buying and selling take place because people value things differently. The importance of goods is derived from the importance of the values they are intended to achieve. When a person values an object, this simply means that he imputes enough importance to it to be willing to start a chain of causation to change or maintain it, thus making it a thing of value. Misesian economics does not study what is in an object, as does the natural scientist, but rather, studies what is in the subject.Ludwig von Mises (1881-1973), the Austrian philosophical economist, is one of our most passionate, consistent, and intransigent defenders of capitalism. Mises defends the free society and private ownership on the grounds that they are desirable from the perspective of human happiness, freedom, peace, and productivity. He constructed a monumental, overarching, systematic, and comprehensive conceptual framework that elucidated the timeless, immutable laws that guide human behavior. Mises integrated his profound theories of methodology, economics, political science, history, and the social sciences in his 1949 magnum opus, Human Action.There is an important dissemblance within Austrian value theory between Menger and Mises. However, it is possible for Menger's more objective-value-oriented theory to coexist and complement Mises's pure subjectivism which is based on the inscrutability of individual values and preferences. Although Menger agrees with Mises that an individual's chosen values are personal and, therefore subjective and unknowable to the economist, he also contended that a person ought to be rationally pursuing his objective life-affirming values. Menger thus can be viewed as a key link-pin figure between Misesian praxeology and Objectivist ethics.According to Mises, economics is a value-free science of means, rather than of ends, that describes but does not prescribe. However, although the world of praxeological economics, as a science, may be value-free the human world is not value-free. Economics is the science of human action and human actions are inextricably connected with values and ethics. It follows that praxeological economics needs to be situated within the context of a normative framework. Praxeological economics does not conflict with a normative perspective on human life. Economics needs to be connected with a discipline that is concerned with ends such as the end of human flourishing. Praxeological economics can stay value-free if it is recognized that it is morally proper for people to take part in market and other voluntary transactions. Such a value-free science must be combined with an appropriate end.Economics, for Mises, is a value-free tool for objective and critical appraisal. Economic science differentiates between the objective, interpersonally valid conclusions of economic praxeology and the personal value judgments of the economist. Critical appraisal can be objective, value-free, and untainted by bias. It is important for economic science to be value-free and not to be distorted by the value judgments or personal preferences of the economist. The credibility of economic science depends upon an impartial and dispassionate concern for truth. Value-freedom is a methodological device designed to separate and isolate an economist's scientific work from the personal preferences of the given economic researcher. His goal is to maintain neutrality and objectivity with respect to the subjective values of others.Misesian economics focuses on the descriptive aspects of human action by offering reasoning about means and ends. The province of praxeological economics is the logical analysis of the success or failure of selected means to attain chosen ends. Means only have value because, and to the degree that, their ends are valued.The reasons why an individual values what he values and the determination of whether or not his choices and actions are morally good or bad are certainly significant concerns but they are not in the realm of the praxeological economist. The content of moral or ultimate ends is not the domain of the economist qua economist. There is another level of values that value in terms of right preferences. This more objectivist sphere of value defines value in terms of what an individual ought to value.Mises grounds economics upon the action axiom which is the fundamental and universal truth that individual men exist and act by making purposive choices among alternatives. Upon this axiom, Mises deduces the entire systematic structure of economic theory. Mises's advocacy of free markets and his opposition to statism stem from his analysis of the nature and consequences of freely acting individuals compared to the nature of government and the consequences brought about by government intervention.For Mises, economic behavior is a special case of human action. He contends that it is through the analysis of the idea of action that the principles of economics can be deduced. Economic theorems are seen as connected to the foundation of real human purposes. Economics is based on true and evident axioms, arrived at by introspection into the essence of human action. From these axioms, Mises derives the logical implications or truths of economics.Through the use of abstract economic theorizing, Mises recognizes the nature and operation of human purposefulness and entrepreneurial resourcefulness and identifies the systematic tendencies which influence the market process. Mises's insight was that economic reasoning has its basis in the understanding of the action axiom. He says that sound deductions from a priori axioms are apodictically true and cannot be empirically tested. Mises developed, through deductive reasoning, the chains of economic theory based on introspective understanding of what it means to be a rational, purposeful, and acting human being. The method of economics is deductive and its starting point is the concept of action.According to Mises, all of the categories, theorems, or laws of economics are implied in the action axiom. These include, but are not limited to: subjective value, causality, ends, means, preference, cost, profit and loss, opportunities, scarcity, marginal utility, marginal costs, opportunity cost, time preference, originary interest, association, and so on.As an adherent of Kantian epistemology, Mises states that the concept of action is a priori to all experience. Thinking is a mental action. For Mises, a priori means independent of any particular time or place. Denying the possibility of arriving at laws via induction, Mises argues that evidence for the a priori is based on reflective universal inner experience.However, Misesian praxeology could operate within a Randian philosophical structure. The concept of action could be formally and inductively derived from perceptual data. Actions would be seen as performed by entities who act in accordance with their nature. Man's distinctive mode of action involves rationality and free will. Men are thus rational beings with free wills who have the ability to form their own purposes and aims. Human action also assumes an uncoerced human will and limited knowledge. All of the above can be seen as consistent with Misesian praxeology. Once we arrive at the concept of human action, Mises's deductive logical derivations can come into play.Knowledge gained from praxeological economics is both value-free (i.e., value-neutral) and value relevant. Value-free knowledge supplied by economic science is value-relevant when it supplies information for rational discussions, deliberations, and determinations of the morally good. Economics is reconnected with philosophy, especially the branches of metaphysics and ethics, when the discussion is shifted to another sphere. It is fair to say that economic science exists because men have concluded that the objective knowledge provided by praxeological economics is valuable for the pursuit of both a person's subjective and ultimate ends.Advocating the idea of “man's survival qua man” or of a good or flourishing life involves value judgments. To make value judgments, one must accept the existence of a comprehensive natural order and the existence of fundamental absolute principles in the universe. This acceptance in no way conflicts with the Misesian concept of subjective economic value. Natural laws ae discovered, are not arbitrary relationships, but instead are relationships that are already true. A man's human nature, including his attributes of individuality, reason, and free will, is the ultimate source of moral reasoning. Value is meaningless outside the context of man.Praxeological economics and the philosophy of human flourishing are complementary and compatible disciplines. Economics teaches us that social cooperation through the private property system and division of labor enables most individuals to prosper and to pursue their flourishing and happiness. In turn, the worldview of human flourishing informs men how to act. In making their life-affirming ethical and value-based judgments, men can refer to and employ the data of economic science.Mises and Rand were passionate critics of collectivism. Whereas Mises criticized the economic and political functioning of collectivism, Rand attacked the morality of collectivism. They agree that collectivism in the form of people, races, or nations does not exist independently from the individuals who comprise them. In addition, they both dismissed positivism's rejection of the human mind as real and as the tool of knowledge about the world, man, and his actions. They also believed that free-market capitalism is the best possible arrangement for society. Their promotion of rationality, free choice, and subjective (i.e., personally estimated) and objective values (in their respective contexts) make their worldviews compatible. Mises's arguments for capitalism in terms of its utility can be interpreted to be in harmony with Rand's criterion of man's life as the standard of value. There is a great deal in Mises's science of human action that is consistent with Objectivist principles. As stated by Walter Block, on the majority of issues Rand and Mises “are as alike as two peas in a pod”.Murray Rothbard (1926-1995) was a grand system builder. In his monumental Man, Economy, and State (1962), Rothbard continued, embodied, and extended Mises's methodological approach of praxeology to economics. His magnum opus was modeled after Mises's Human Action and, for the most part, was a massive restatement, defense, and development of the Misesian praxeological tradition. Rothbard followed up and complemented Man, Economy, and State with his brilliant The Ethics of Liberty (1982) in which he provided the foundation for his metanormative ethical theory. Exhibiting an architectonic character, these two works form an integrated system of philosophical economics.In a 1971 article in Modern Age Rothbard declares that Mises's work provides us with an economic paradigm grounded in the nature of man and in individual choice. He explains that Mises's paradigm furnishes economics in a systematic, integrated form that can serve as a correct alternative to the crisis situation that modern economics has engendered. According to Rothbard, it is time for us to adopt this paradigm in all of its facets.Rothbard defended Mises's methodology, but went on to construct his own edifice of Austrian economic theory. Although he embraced nearly all of Mises's economics, Rothbard could not accept Mises's Kantian extreme aprioristic position in epistemology. Mises held that the axiom of human action was true a priori to human experience and was, in fact, a synthetic a priori category. Mises considered the action axiom to be a law of thought and thus a categorical truth prior to all human experience.Rothbard agreed that the action axiom is universally true and self-evident, but argued that a person becomes aware of that axiom and its subsidiary axioms through experience in the world. A person begins with concrete human experience and then moves toward reflection. Once a person forms the basic axioms and concepts from his experiences and from his reflections upon those experiences, he does not need to resort to external experience to validate an economic hypothesis. Instead, deductive reasoning from sound basics will validate it.In a 1957 article in the Southern Economic Journal, Rothbard states that it is a waste of time to argue or try to determine how the truth of the action axiom is obtained. He explains that the all-important fact is that the axiom is self-evidently true for all people, at all places, at all times, and that it could not even conceivably be violated. Whether it was a law of thought as Mises maintained, or a law of reality as Rothbard himself contended, the axiom would be no less certain because the axiom need only be stated to become at once self-evident.Both Murray Rothbard and Ayn Rand were concerned with the nature of man and the world, natural law, natural rights, and a rational ethics based on man's nature and discovered through reason. They also agreed that the purpose of political philosophy and ethics is the promotion of productive human life on earth. In addition, both adopted, to a great extent, Lockean natural rights perspectives and arguments that legitimize private property. Additionally, they both disagreed with Mises's epistemological foundations, and on similar grounds.Both Rothbard and Rand endeavored to determine the proper rules for a rational society by using reason to examine the nature of human life and the world by employing logical deductions to ascertain what these natures suggest. They agreed with respect to the volitional nature of rational human consciousness, a man's innate right of self-ownership, and the metanormative necessity of noncoercive mutual consent. Both thus subscribed to the nonaggression principle and to the right of self-defense.Rothbard and Rand did not agree, however, on the nature of (or need for) government. They disagreed with respect to the practical applications of their similar philosophies. Rejecting Rand's idea of a constitutionally-limited representative government, Rothbard believed that their shared doctrines entailed a zero-government or anarcho-capitalist framework based on voluntarism, free exchange, and peace.Rothbard and Rand subscribed to different forms of metanormative libertarian politics—Rothbard to anarcho-capitalism and Rand to a minimal state. Unlike Rand, Rothbard ended his ethics at the metanormative level. Rand, on the other hand, advocated a minimal state form of libertarian politics based on the fuller foundation of Objectivism through which she attempted to supply an objective basis for values and virtues in human existence. Of course, Rothbard did discuss the separate importance of a rational personal morality, stated that he agreed essentially with most of Rand's philosophy, and suggested his inclination toward a Randian ethical framework. The writings of Rothbard, much like those of Menger, have done a great deal toward building a bridge between Austrian economics and Objectivism.Although Misesian economists hold that values are subjective, and Objectivists argue that values are objective, these claims are not incompatible because they are not really claims about the same things. They exist at different levels or spheres of analysis. The methodological value-subjectivity of the Austrians complements the Randian sense of value objectivity. The level of objective values dealing with personal flourishing transcends the level of subjective value preferences. The value-freedom (or value-neutrality) and value-subjectivity of the Austrians have a different function or purpose than does Objectivism's emphasis on objective values. On the one hand, the Austrian emphasis is on the value-neutrality of the economist as a scientific observer of a person acting to obtain his “subjective” (i.e., personally-estimated) values. On the other hand, the philosophy of Objectivism is concerned with values for the acting individual moral agent, himself. There is a distinction between methodological subjectivism and philosophical subjectivism. Whereas Austrians are methodological subjectivists in their economics, this does not imply that they are moral relativists as individuals.Austrian economics is thus an excellent way of looking at “social science methodology” with respect to the appraisal of means but not of ends. Misesian praxeology therefore must be augmented. Its value-free economics is not sufficient to establish a total case for liberty. A systematic, reality-based ethical system must be discovered to firmly establish a total case for liberty. Natural law provides the groundwork for such a theory, and both Objectivism and the Aristotelian idea of human flourishing are based on natural law ideas.Austrian economics and Objectivism agree on the significance of the ideas of human actions and values. The Austrians explain that a person acts when he prefers the way he thinks things will be if he acts compared to the way he thinks things will be if he fails to act. Austrian economics is descriptive and deals with the logical analysis of the ability of selected actions (i.e., means) to achieve certain ends. Whether these ends are truly objectively valuable is not the concern of the praxeological economist when he is acting in his capacity as an economist. There is another realm of values that views value in terms of objective values and correct preferences and actions. Objectivism is concerned with this other sphere and thus studies what human beings ought to value and act to attain.When thinkers from the Austrian school speak of subjective knowledge they simply mean that each person has his own specific and finite context of knowledge that directs his action. In this context, “subjective” merely means “subject-dependent”. Subjectivism for the Austrians does not mean the rejection of reality—it only focuses on the view that consumer tastes are personal.Austrian economists contend that values are subjective and Objectivists maintain that values are objective. These claims can be seen as compatible because they are not claims about the same phenomena. These two senses of value are complementary. The Austrian economist, as a neutral examiner, does not force his own value judgments on the personal values and actions of the human beings that he is studying. Operating from a different perspective, Objectivists maintain that there are objective values that stem from a man's relationship to other existents in the world.At a descriptive level, the economist's idea of demonstrated preferences agrees with Rand's account of value as something that a person acts to gain and/or keep. Of course, Rand moves from an initial descriptive notion of value to a normative perspective on value that includes the idea that a legitimate or objective value serves one's life. The second view of value provides a standard to evaluate the use of one's free will.Praxeological economics and Objectivism are complementary and compatible disciplines. Economics teaches us that social cooperation through the private property system and division of labor enables most individuals to prosper and to pursue their flourishing and happiness. In turn, Objectivism informs men how to act. In making their life-affirming ethical and value-based judgments, men can refer to and employ economic science.Objectivism's Aristotelian perspective on the nature of man and the world and on the need to exercise one's virtues can be viewed as synergic with the economic coordination and praxeology of Austrian economics. Placing the economic realm within the general process of human action, which itself is part of human nature, enables theoretical progress in our search for truth and in the construction of a systematic, logical, and consistent conceptual framework. The Objectivist worldview can provide a context to the economic insights of the Austrian economists.In conclusion, there is much common ground between Rand and the Austrians and much to be gained through the intellectual exchange between Objectivism and Austrian economics. Objectivism can be viewed as an ethical and logical augmentation of Austrian economics and Austrian praxeology can be seen as the ideal means for Objectivists when addressing economic issues. Economics would focus on attempting to discover economic principles but would leave ethical issues to philosophy.

Why viewing sports as trivial diminishes God's sovereignty, why we're tempted to assign priority where God does not, and how Christians should think differently about free enterprise.Links Mentioned:Scott Sonju on LinkedInScott Sonju EmailTrailRunner IntTrailRunner Int SportsCounterfeit Gods by Tim KellerPraxis LabsFault Lines: The Social Justice Movement and Evangelicalism's Looming CatastropheThe Tech-Wise Family: Everyday Steps for Putting Technology in Its Proper PlaceMoney, Greed, and God: Why Capitalism Is the Solution and Not the ProblemThe Prodigal God: Recovering the Heart of the Christian FaithChristian Economics in One Lesson: A Re-Working of Henry Hazlitt's book, Economics in One LessonJack Hollis on LinkedInBaxter Underwood on LinkedInKent Lugrand on LinkedInJordan Raynor

VIDEO - https://youtu.be/-MKAtHy0EDo El profesor Miguel Anxo Bastos recomienda: Economía en una lección, de Henry Hazlitt, es un libro fundamental para la comprensión de la economía. En él, el autor presenta una visión clara y concisa de los principios básicos de la economía, desde un punto de vista liberal. El libro se divide en tres partes. La primera parte, "La naturaleza de la economía", explica los conceptos básicos de la economía, como la escasez, la utilidad y el valor. La segunda parte, "La economía de mercado", explica cómo funciona la economía de mercado y sus ventajas. La tercera parte, "Las fallas del gobierno", analiza los efectos negativos de la intervención gubernamental en la economía.

«Siempre empecé mis trabajos con la sensación que pronto lo dejaría o que me despedirían. Esto me dio una actitud relajada que muchos confundieron con la inteligencia o una especie de poder secreto». Santi valida la cita Bukowski. Él se la ha jugado la cara con todos los informes que ha publicado, cuestionando la gobernanza de las empresas y las remuneraciones de sus directivos, como hacía Gordon Gekko en la junta de Teldar Paper. Los accionistas son, al final del día, los únicos responsables. Kapital es posible gracias a sus colaboradores: Para obtener un préstamo y comprar una propiedad de 150.000 euros, necesitas una entrada de 30.000. No solo esto. Para pagar los impuestos y las pequeñas reformas, necesitarás 25.000 más. ¿Tienes 55.000 euros? Si es así, bien. Si no, Equito App. Equito te permite invertir en inmuebles desde 100 euros, recibiendo dividendos por tus alquileres cada mes. La plataforma pronto llegará a los 100.000 usuarios activos. ¿Te unes? Invierte de manera sencilla y sin complicaciones con Equito App. Patrocina Kapital. Toda la información en este link. Índice: 1:12 La libertad de prensa en este país. 11:19 Préstamos al consumo en cirugía estética. 25:59 No hay mercados eficientes sin clientes exigentes. 37:56 El precio más importante de la economía. 46:28 Lo que se ve y lo que no se ve. 54:11 Operación Bernhard. 1:06:22 No puedes protegerte. 1:15:35 Las incógnitas del bitcoin. 1:30:38 El fraude de la reserva fraccionaria. 1:48:10 Negligencias en la gobernanza del Banco Sabadell. 2:07:26 Santander amplía capital para pagar su dividendo. 2:20:58 La pelea de Bill Ackman por el control de Canadian Pacific Railway. 2:25:43 Protege tu fuck you money. 2:31:22 La factura de 100.000 millones. 2:45:33 El libro que cambió la vida de Santi. Apuntes: De Santander a Sabadell: el sueldo de los ejecutivos y el retorno a los accionistas. Santiago López. Eliminar el fondo de garantía de depósitos no sería mala idea. Santiago López. Por qué el pago del dividendo es irrelevante para la riqueza de los accionistas. Santiago López. Los resultados de los bancos son estelares por la cantidad de asteriscos necesarios para explicarlos. Santiago López. El mundo de ayer. Stefan Zweig. A capo's annual report. The Economist. La economía en una lección. Henry Hazlitt. The intelligent investor. Benjamin Graham & Jason Zweig. Poor Charlie's almanack. Charlie Munger. An owner's manual. Berkshire Hathaway. Charlie Munger y la fábrica de chocolate. Santiago López.

Henry Hazlitt (1894 - 1993) "The Way to Will-Power" is far from a standard self-help book. With ample wit and an occasionally sardonic tone, American journalist and free-market advocate Henry Hazlitt debunks popular concepts about the will, incorporates classical conceptions about human nature into a coherent whole, and imparts to readers everyday wisdom on how to best live life. - Summary by Loren Eaton Genre(s): Self-Help Language: English --- Support this podcast: https://podcasters.spotify.com/pod/show/librivox1/support

Today we talk about all that's wrong with schools and a bit about the project Maxim is working on: https://www.greatman.com/publish/posts/detail/140740355   Ideology, Ethics, and Global Opportunities: Maxim's Substack: http://greatman.com Join our email list to get Special reports and updates: https://dougcasey.substack.com/about  Connect with us on Telegram: https://t.me/dougcasey  Today we join Doug Casey live to address education, ethics, international opportunities, and his personal intellectual journey. Explore the challenges infiltrating today's education system, specifically 'wokeness' and indoctrination strategies, and their implications on morality. Opportunities in Russia and Africa for young individuals. Doug's intellectual voyage, shaped by H. L. Mencken, Barry Goldwater, Ayn Rand, Henry Hazlitt, and the Tannehills, and understand the influence these figures had on his worldview.   Chapters: 00:00 Introduction and Starting the Conversation 01:04 Discussing the Impact of Smoking Laws 02:52 The Shift in Language and Society  03:29 The Importance of Sound Check and Audience Interaction 03:50 The Degradation of Education and Its Impact 04:41 The Influence of Media and Politics in Education 05:20 The Struggle for Accountability in Private Schools 06:01 The Personal Experience of Public School 10:13 The Challenge of Accessing Curriculum Information 11:38 The Consequences of a Lack of Personal Responsibility in Education 19:54 The Importance of Personal Ethical Codes 39:55 The Impact of Socialism on Education 43:12 Discussing the Potential of CBDC in Uruguay 44:33 The Impact of CBDC on Tax Evasion and Crime 45:08 Exploring the Reasons Behind Drug Use 46:10 The Pros and Cons of Moving to Africa 52:01 The Question of Argentina and Uruguay Joining BRICS 54:03 The Potential of Living and Working in Bermuda 01:14:00 The Importance of Work-Life Balance 01:17:37 The Development of Free Market Capitalism Ideals 01:24:48 Final Thoughts and Wrap Up

Live from STUDIO G- in the heart of America- I'm STEVE GRUBER- saying the things you wish you could -every day- Fighting for you from the Foxhole of Freedom and defending this great nation— AND looking forward to WINNING Again! This is THE STEVE GRUBER SHOW!   Here are 3 big things you need to know right now—   Number One— Thousands of people are without power after a series of strong winter storms rolled across the nation—and there are more on the way—with heavy snow and record breaking cold—but I'm sure they will tell us—HOTTEST month ever—of course—   Number Two— The uprising of German farmers is continuing—as they have flooded into Berlin—for a massive show of force by the people—and in opposition to the globalists— including the beginning of the Davos summit in Switzerland—   Number Three— Its Caucus Day in Iowa—hard to believe I know—   BUT here we are kicking off the 2024 run for President with former President Donald Trump on track right now to claim the prize in Iowa tonight—and then in just over a week in New Hampshire—and then it really is off to the races—   Trump can secure a mark in Iowa not measured in modern times tonight by getting more than 50% of the caucus votes—and if the pollsters can get it right for once—he is on track for that to happen—and could end up with somewhere between 52 and 54 percent of the vote—   We will of course be following that all day—   Then a win in New Hampshire on January 23rd—would pretty much wrap it up in his bid to become the 47th President—and again, if the polls can be believed—and the people turn out to vote—then he will win in a walkaway—   But the question I want you to consider right now—is what is up for grabs in 2024?    And my answer is everything!   I was in church yesterday—and the sermon focused on what we are facing in America—and honestly around the world as we are getting deeper into this new year—   Pastor Rick was on the money for me and Ivey—when he pointed out how confusing it must be growing up these days— because there are no rules, no guidelines, no absolutes, no guardrails—no, it is a free for all—where anything goes—   I mean those on the left tell kids they can pick any gender they want—and throw out meaningless jumbles of words and pretend they are a gender—when they don't mean anything at all— what does that do to a kid in elementary school?   They tell kids they can have everything—but own nothing—and not have to work very much—and if they do work too much is likely because they have some kind of special privilege—   I never thought I would see the day, when working hard and having a real work ethic would be derided as White Privilege—     They are teaching ever younger kids that there really are no rules like I said— do whatever you want, whatever feels good, it doesn't matter, anything goes—   And if your parents or anyone else tries to tell you differently they are wrong—    They flood the world with lies—and then scream at people like me for telling the truth every day—accusing us of spreading mis-information, dis-information or mal-information—   And of course all of this is rooted in racism—of course—    They flood the world with lies and accuse those telling the truth of doing what they are doing—   We are not.    People like me, are fighting for you—and them too—they just don't know it—because we fight for liberty and those God given inalienable rights!   Oh, and that Mal-information thing they have added recently—just means they don't like it—not that its wrong—it's just not what they want to hear—so they give it an ominous sounding label to scare off anyone with any intellectual curiosity—who are afraid of getting smeared with some label from the left—   Then they tell the kids—there are no rules at all—well except for freedom and liberty—and those must be cut back at all costs—because freedom is dangerous— You see, they claim that having a free-market, capitalist system somehow breeds exploitation of the working class—when in fact the working class has it better today than ever—if you don't think so, look around—   More people live longer, more productive lives than at any time in human history—and much of that success—if not all of it can be traced back to some radical idealists with a crazy idea back in 1776—that the people should decide who is in charge and how things are going to be run— and not just be servants to the government—that We The People, ARE the government—   And Adam Smith model of economic freedom laid out in The Wealth of Nations—set us on a path to create freedom—NOT JUST in America—but all over the world—and it has worked miracles in lifting people up—   It is perfect? No. Do people cheat and take advantage of the system at the expense of others? Yes.   BUT that happens in communist countries and under dictators far more, and far worse than it does here—   Poverty in America is real—very real, BUT I can tell you, it doesn't look anything like the poverty I have seen first-hand in places like South Africa—or much closer to home in Mexico—   If you want the easiest side by side comparison in world history—just look at North and South Korea—and you can measure by any metric and freedom and free market capitalism win every single time—   Compare the dire straits of the people in Havana, Cuba—to the people living in Little Havana in Miami—and you can see in one example after another how superior free markets are free people are—   The truth is available to anyone interested in seeing it— and a simple education by Milton Friedman or Henry Hazlitt on basic economics should be required—BUT there simply isn't enough time after going over preferred pronouns—and explaining that America is a bad place that takes advantage of people—and should never be celebrated—   So, they lie—and tell the kids that socialism, and Marxism are wonderful—and the globalists are looking out for them—and if we can just burn the American Constitution we will be on the road to a better world—   That of course is the biggest lie of all—   And in order to keep it going, they rely on censorship and the destruction of Free Speech—they say words are weapons and we must silence anyone who doesn't speak the truth—and of course, they will be the sole arbiters of what is truth and what is not—    Maybe the biggest goal of the Davos crowd—and those running wild at the UN and WEF is to silence any and all dissent—I mean in no time at all we can be as free as China, Russia—and if we are really lucky—North Korea—   Oh, and I forgot the big lie at the border—where literally millions of people have flowed in, in just 3 years—creating havoc in the streets and a lot of anger too—   BUT everyone is told two big lies—first, the border is secure—and that comes from the President himself, well it comes from somebody—and second—and MORE important—if you don't support the invasion of your country by millions of strangers you are a xenophobe and a racist—   You are barely human if you believe in America First! So, what is up for grabs in 2024—everything you care about—and everything I care about—   I'm sorry BUT you do not have the luxury of sitting on the sidelines—and throwing out snarky comments on social media—NO, you actually have to get involved—YOU MUST VOTE—that is the simplest and most important thing you can do—   If you fail to cast a vote—they have already won!   And if you are not clear on what this gathering of globalists is all about in Davos—here is what you need to understand:   So lets look at Iowa—because right now it looks like the Trump Train is rolling in—and is going to be rolling out with a huge and possibly historic win—  

Trying to follow the key macroeconomic debates that are swirling around DC, CNBC, the WSJ and the NYT? If you are but don't want to go back to graduate school or re-open your college macroeconomics textbook, John Quiggin has a solution. His Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly (Princeton University Press, 2019) achieves several goals. First, it frames the current debates, providing a concise, well-written history of macroeconomics and the key twists and turns in economic policy that have brought us to our current state of (general) disagreement on economic policy. Second, he structures his view of macroeconomics as a rebuttal to a 1946 book by Henry Hazlitt in 1946 called Economics in One Lesson. Seventy years later, Quiggin counters Hazlitt's view that markets are "correct," in that their prices accurately reflect opportunity costs for buyers and sellers. Quiggin's second lesson highlights the externalities and factors that distort those opportunity costs and lead to suboptimal outcomes such as extended unemployment, excessive income inequality, and the seemingly intractable problem (from an economics perspective) of pollution. In the final portion of his book, Quiggin argues what policies he thinks would make markets work better by generating a more accurate understanding of opportunity costs. To some, his prescriptions will look like the program of the Left. The great irony is that his goal is to make markets function better, not rid us of them. Whether you agree with his prescriptions are not, this is a very interesting book and a great way for non-economists to get up to speed on current debates and policy issues without having to do a single test for statistical significance or worry about heteroscedasticity. Daniel Peris is Senior Vice President at Federated Investors in Pittsburgh. Trained as a historian of modern Russia, he is the author most recently of Getting Back to Business: Why Modern Portfolio Theory Fails Investors. You can follow him on Twitter @Back2BizBook or at http://www.strategicdividendinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Trying to follow the key macroeconomic debates that are swirling around DC, CNBC, the WSJ and the NYT? If you are but don't want to go back to graduate school or re-open your college macroeconomics textbook, John Quiggin has a solution. His Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly (Princeton University Press, 2019) achieves several goals. First, it frames the current debates, providing a concise, well-written history of macroeconomics and the key twists and turns in economic policy that have brought us to our current state of (general) disagreement on economic policy. Second, he structures his view of macroeconomics as a rebuttal to a 1946 book by Henry Hazlitt in 1946 called Economics in One Lesson. Seventy years later, Quiggin counters Hazlitt's view that markets are "correct," in that their prices accurately reflect opportunity costs for buyers and sellers. Quiggin's second lesson highlights the externalities and factors that distort those opportunity costs and lead to suboptimal outcomes such as extended unemployment, excessive income inequality, and the seemingly intractable problem (from an economics perspective) of pollution. In the final portion of his book, Quiggin argues what policies he thinks would make markets work better by generating a more accurate understanding of opportunity costs. To some, his prescriptions will look like the program of the Left. The great irony is that his goal is to make markets function better, not rid us of them. Whether you agree with his prescriptions are not, this is a very interesting book and a great way for non-economists to get up to speed on current debates and policy issues without having to do a single test for statistical significance or worry about heteroscedasticity. Daniel Peris is Senior Vice President at Federated Investors in Pittsburgh. Trained as a historian of modern Russia, he is the author most recently of Getting Back to Business: Why Modern Portfolio Theory Fails Investors. You can follow him on Twitter @Back2BizBook or at http://www.strategicdividendinvestor.com

Trying to follow the key macroeconomic debates that are swirling around DC, CNBC, the WSJ and the NYT? If you are but don't want to go back to graduate school or re-open your college macroeconomics textbook, John Quiggin has a solution. His Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly (Princeton University Press, 2019) achieves several goals. First, it frames the current debates, providing a concise, well-written history of macroeconomics and the key twists and turns in economic policy that have brought us to our current state of (general) disagreement on economic policy. Second, he structures his view of macroeconomics as a rebuttal to a 1946 book by Henry Hazlitt in 1946 called Economics in One Lesson. Seventy years later, Quiggin counters Hazlitt's view that markets are "correct," in that their prices accurately reflect opportunity costs for buyers and sellers. Quiggin's second lesson highlights the externalities and factors that distort those opportunity costs and lead to suboptimal outcomes such as extended unemployment, excessive income inequality, and the seemingly intractable problem (from an economics perspective) of pollution. In the final portion of his book, Quiggin argues what policies he thinks would make markets work better by generating a more accurate understanding of opportunity costs. To some, his prescriptions will look like the program of the Left. The great irony is that his goal is to make markets function better, not rid us of them. Whether you agree with his prescriptions are not, this is a very interesting book and a great way for non-economists to get up to speed on current debates and policy issues without having to do a single test for statistical significance or worry about heteroscedasticity. Daniel Peris is Senior Vice President at Federated Investors in Pittsburgh. Trained as a historian of modern Russia, he is the author most recently of Getting Back to Business: Why Modern Portfolio Theory Fails Investors. You can follow him on Twitter @Back2BizBook or at http://www.strategicdividendinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Trying to follow the key macroeconomic debates that are swirling around DC, CNBC, the WSJ and the NYT? If you are but don't want to go back to graduate school or re-open your college macroeconomics textbook, John Quiggin has a solution. His Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly (Princeton University Press, 2019) achieves several goals. First, it frames the current debates, providing a concise, well-written history of macroeconomics and the key twists and turns in economic policy that have brought us to our current state of (general) disagreement on economic policy. Second, he structures his view of macroeconomics as a rebuttal to a 1946 book by Henry Hazlitt in 1946 called Economics in One Lesson. Seventy years later, Quiggin counters Hazlitt's view that markets are "correct," in that their prices accurately reflect opportunity costs for buyers and sellers. Quiggin's second lesson highlights the externalities and factors that distort those opportunity costs and lead to suboptimal outcomes such as extended unemployment, excessive income inequality, and the seemingly intractable problem (from an economics perspective) of pollution. In the final portion of his book, Quiggin argues what policies he thinks would make markets work better by generating a more accurate understanding of opportunity costs. To some, his prescriptions will look like the program of the Left. The great irony is that his goal is to make markets function better, not rid us of them. Whether you agree with his prescriptions are not, this is a very interesting book and a great way for non-economists to get up to speed on current debates and policy issues without having to do a single test for statistical significance or worry about heteroscedasticity. Daniel Peris is Senior Vice President at Federated Investors in Pittsburgh. Trained as a historian of modern Russia, he is the author most recently of Getting Back to Business: Why Modern Portfolio Theory Fails Investors. You can follow him on Twitter @Back2BizBook or at http://www.strategicdividendinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to another enlightening episode of "The Rational Egoist" hosted by Michael Liebowitz. In this episode, we are thrilled to welcome back James Stevens Valliant, an esteemed author and thinker, to delve into the life and philosophy of Henry Hazlitt, a towering figure in classical liberalism. Henry Hazlitt, renowned for his clear and cogent economic writings, particularly "Economics in One Lesson", has left an indelible mark on the landscape of economic thought. Valliant, with his profound understanding of classical liberal principles, unpacks the essence of Hazlitt's work, exploring how his ideas champion individual freedom and market principles. We'll explore Hazlitt's critiques of governmental overreach and economic fallacies that resonate strongly in today's socio-economic climate. This episode is more than just a historical exploration; it's a journey into the practical application of Hazlitt's ideas in contemporary society. Valliant shares insights on how Hazlitt's advocacy for individual autonomy and economic freedom aligns with current real-world economic challenges. We delve into the importance of critical thinking and objective analysis in understanding economic policies and their impacts on individuals and society.Join us in this engaging conversation as we pay tribute to Henry Hazlitt, whose work continues to inspire advocates of freedom and rational thought. Whether you're a student of economics, a professional in the field, or simply someone who cherishes liberty and individual rights, this episode promises to enrich your understanding and appreciation of one of the great minds in classical liberal thought. Michael Leibowitz is a renowned philosopher, political activist, and the esteemed host of the Rational Egoist podcast. Inspired by the philosophical teachings of Ayn Rand, Leibowitz passionately champions the principles of reason, rational self-interest, and individualism, seeking to empower others through his compelling work. His life's narrative exemplifies the transformative power of Ayn Rand's writings. Having faced challenging circumstances that led to a 25-year prison sentence, Leibowitz emerged from adversity by embracing the tenets of rational self-interest and moral philosophy put forth by Ayn Rand. This profound transformation propelled him to become an influential figure in the libertarian and Objectivist communities, motivating others to adopt reason, individualism, and self-interest in their own lives.Beyond his impactful podcasting endeavours, Leibowitz fearlessly engages in lively political debates, advocating for the protection of individual rights and freedoms through compelling YouTube videos and insightful interviews. His unwavering commitment to these ideals has garnered him a dedicated following of like-minded individuals. Leibowitz is a versatile author, co-authoring the thought-provoking book titled “Down the Rabbit Hole: How the Culture of Correction Encourages Crime.” This groundbreaking work delves into societal attitudes surrounding punishment and rehabilitation, shedding light on how misguided approaches have contributed to the rise of crime and recidivism.Additionally, he has authored the book “View from a Cage: From Convict to Crusader for Liberty,” offering an intimate portrayal of his personal journey while exploring the philosophies that influenced his transformation. For a deeper exploration of his ideas and insights, don't miss the opportunity to read “Down the Rabbit Hole: How the Culture of Correction Encourages Crime,” co-authored by Michael Leibowitz. And also, delve into his book “View from a Cage: From Convict to Crusader for Liberty.” Both books are available for purchase using the following links:“Down the Rabbit Hole”: https://www.amazon.com.au/Down-Rabbit-Hole-Corrections-Encourages/dp/197448064X“View from a Cage”: https://books2read.com/u/4jN6xj

The Way to Will-Power by Henry Hazlitt audiobook. 'The Way to Will-Power' is far from a standard self-help book. With ample wit and an occasionally sardonic tone, American journalist and free-market advocate Henry Hazlitt debunks popular concepts about the will, incorporates classical conceptions about human nature into a coherent whole, and imparts to readers everyday wisdom on how to best live life. Learn more about your ad choices. Visit megaphone.fm/adchoices

Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death. Original Article: Remembering the Great Henry Hazlitt on His Birthday

Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death. Narrated by Millian Quinteros.

Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death. Original Article: Remembering the Great Henry Hazlitt on His Birthday

Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death. Original Article: Remembering the Great Henry Hazlitt on His Birthday

Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death. Original Article: Remembering the Great Henry Hazlitt on His Birthday

Henry Hazlitt, a great champion of liberty and Austrian economics, was born on November 28, 1894. His most famous book, Economics in One Lesson, remains a best seller thirty years after his death. Original Article: Remembering the Great Henry Hazlitt on His Birthday

Primeiro episódio do novo podcast do Instituto +Liberdade. O convidado foi Carlos Guimarães Pinto, fundador e diretor não executivo do Instituto, que aceitou o convite para uma conversa sobre a obra "Economia Numa Lição", do autor americano Henry Hazlitt. Assiste também no Youtube: https://www.youtube.com/watch?v=UVf7316_dOM

In this episode I look at the basic premise of economic theory as presented by Henry Hazlitt in his classic Economics in One Lesson. I look closely at his discussion of tariffs, and provide a counter-argument that examines the tax burden of tariffs and the elasticity of supply and demand.

With economic recession, inflation and increasing national debt, how are Christians supposed to think about their money and building wealth to leave an inheritance? In this episode, we interview Jonathan Wellum from Rocklinc Investment Partners Inc. on how God's Law helps us understand economics from a Christian perspective. He talks about how the Bible's economic principles help build strong economies, the problems with inflationary fiat currency, and what's the better (more Biblical) alternative. We also talk about how Christian entrepreneurs can build thriving businesses even in a time of economic hardship and how Christians in full-time ministry can build equity and wealth. Finally, Jonathan exposes some of the most common misconceptions about economics and gives some advice on how pastors can help equip their flocks to think Christianly about economics. Don't miss this episode! -------------------

This is Garrison Hardie with your CrossPolitic Daily News Brief for Thursday, November 2nd, 2023. Redballoon Not so long ago, the American dream was alive and well. Employees who worked hard were rewarded, and employers looked for people who could do the job, not for people who had the right political views. RedBalloon.work is a job site designed to get us back to what made American businesses successful: free speech, hard work, and having fun. If you are a free speech employer who wants to hire employees who focus on their work and not identity politics, then post a job on RedBalloon. If you are an employee who is being censored at work or is being forced to comply with the current zeitgeist, post your resume on RedBalloon and look for a new job. redballoon.work, the job site where free speech is still alive! www.redballoon.work https://thepostmillennial.com/only-3-5-of-americans-opted-to-get-latest-covid-shot-cdc?utm_campaign=64487#google_vignette Only 3.5% of Americans opted to get latest Covid shot: CDC New data from the Centers for Disease Control has revealed that just 3.5 percent of Americans opted to receive the latest Covid booster shot despite the Biden administration urging Americans 60 years of age and older, as well as those who are immunocompromised, to vaccinate themselves against a "tripledemic" of the latest Covid strain, the flu, and respiratory syncytial virus (RSV). The lack of demand for the new vaccine has pharmaceutical giants such as Pfizer recording losses, with much of its stock having to be thrown out. According to the CDC, just 7 percent of adults and 2 percent of children in the United States got inoculated against the recent strains of Covid, a stark decrease from the initial vaccine rollout. Polling shows that those numbers aren't likely to get much higher in the coming months and years, with 40 percent of Americans saying they probably or definitely won't get another Covid shot, and a similar percentage saying the same when asked whether they will vaccinate their children. As PBS reports, despite the fact that Covid deaths and hospitalizations are lower this year than in the previous three years of the virus' existence, an expert called the latest vaccination numbers "abysmal." In June, the Biden administration called on vaccine manufacturers Pfizer-BioNTech, Moderna, and Novovax to make new Covid vaccines. In an interview with the New York Times, Boston Children's Hospital vaccine program director and Food and Drug Administration adviser Dr. Ofer Levy called the availability of vaccines against RSV, Covid, and the flu a "godsend" for vulnerable Americans. He noted that tens of thousands die every year as the result of viral infections. Despite their efforts, fewer Americans have sought a fresh dose of the vaccine due in large part to the prevalence of previous vaccinations and infections, which have led to milder cases for many. Other reasons that may be influencing their decisions include the fact that unlike before, the jabs are no longer free, though they may still be covered under some insurance policies. https://timcast.com/news/pfizer-hid-nearly-80-of-covid-vaccine-trial-deaths-from-regulators/ Pfizer Hid Nearly 80% of Covid Vaccine Trial Deaths From Regulators According to new forensic analysis in the International Journal of Vaccine Theory, Practice, and Research, Pfizer failed to disclose evidence of more than a 3.7-fold increase in the number of cardiac deaths among vaccine recipients compared to those who received a placebo. “This means that 79 percent of relevant deaths were not recorded in time to be included in Pfizer’s regulatory paperwork,” Angelo DePalma, Ph.D. wrote for Children’s Health Defense (CHD) regarding the study. “By not including relevant subject deaths in the case report, Pfizer obscured cardiac adverse event signals, allowing the EUA to proceed unchallenged.” A comparison of the number of deaths per week during the 33 weeks of the study found no significant difference between the number of deaths in vaccinated versus placebo groups for the first 20 weeks, the placebo-controlled portion of the trial. “After week 20, as subjects in the placebo were vaccinated, deaths among this still unvaccinated cohort of this group slowed and eventually plateaued,” researchers found. Deaths in the “vaccinated subjects continued at the same rate,” leading the scientists to inconsistencies between the data Pfizer reported and the actual number of deaths reported after vaccination. According to CHD, Pfizer’s clinical trial abandoned standard practices when at week 20 it allowed “unblinding,” where the placebo group was allowed to switch to the vaccinated group. Typically, they note, this only occurs when the benefit of the drug is so great that not treating subjects becomes unethical. “Normally the decision to unblind a vaccine trial would be based on the product’s safety and effectiveness in reaching certain endpoints or objectives,” CHD explained. “But, perhaps unexpectedly, after 33 weeks the data revealed no significant difference between deaths in the vaccinated and placebo groups for the initial 20-week placebo-controlled portion of the trial.” CHD added, “Had Pfizer-BioNTech met their legal and ethical obligation to report all serious adverse events their data would have shown equal deaths in placebo and vaccine groups — which would have shown no clear benefit for the vaccine.” On Oct. 31, Pfizer reported a net loss of $2.38 billion due to “write-offs of Covid products.” https://fee.org/articles/why-justin-trudeau-is-blaming-grocers-for-surging-food-prices-in-canada/ Why Justin Trudeau Is Blaming Grocers for Surging Food Prices in Canada New government data emerged this week showing that food prices in Canada continue to climb. Though year-over-year inflation of consumer prices overall cooled to 3.8% in September, food prices increased 5.8% from a year ago, driven by surging prices of bakery products (up 8%), fresh vegetables (7.6%), pasta products (10.8%), and poultry (6.5%). Food prices have long been a sore spot for Canadians. Even prior to 2023, statistics showed that some 7 million Canadians, including 1.8 million children, were in households struggling to put food on the table. As inflation continued to drive food prices upward in 2023, consumer outrage quickly mounted. “If I’m paying that much, I hope there’s gold in that chicken,” one user responded to a viral tweet in January showing a $37 price tag on a package of chicken breasts. The episode prompted accusations of price gouging and a high-profile story in the New York Times — but the paper reported that outrage at grocers was misplaced. “While it’s easy to get angry at the grocer, there’s very little evidence that the grocers are actually taking advantage of the situation,” said Mike von Massow, a food economics professor at the University of Guelph in Ontario. Food prices have only gotten worse since then, and Prime Minister Justin Trudeau, apparently not a reader of the New York Times, has found the same scapegoat as many others unversed in basic economics: grocers. Last month, Trudeau threatened to slap grocery stores with new taxes if they don’t find a way to lower food prices. “Large grocery chains are making record profits. Those profits should not be made on the backs of people who are struggling to feed their families,” Trudeau told an Ontario crowd. By taking aim at grocers and “record profits,” Trudeau is parroting the rhetoric of some U.S. politicians, including Sen. Elizabeth Warren (D-MA), who has argued that inflation is being driven by “corporate greed.” The idea that corporations suddenly became greedy in the aftermath of the pandemic never passed the economic smell test, and it was recently rebutted in a Federal Reserve paper. “Corporate profit margins were not abnormally high in the aftermath of the COVID-19 pandemic, once fiscal and monetary interventions are accounted for,” noted Dino Palazzo, senior economist at the Federal Reserve Board. Yet politicians such as Trudeau, who less than a year ago criticized the idea of using a windfall tax on grocery companies to lower food prices, have repeated the claim over and over again that greedy corporations are the root cause of inflation. Why? The answer is simple: the true blame for inflation lies with them. Pierre Poilievre, leader of Canada’s Conservative Party, hit the nail on the head in a recent interview when he pointed out that the Canadian government’s policies are to blame for inflation — as are those who lead it. “[Trudeau] prints $600 billion, grows our money supply by 32% in three years,” Poilievre said. “That’s growing the money eight times faster than the economy. No wonder we have the worst inflation in four decades.” This is the mystery of inflation. (It’s not really a mystery.) Politicians and central banks flooded the economy with money, which devalued the currency. Basic economics teaches that increasing the money supply faster than an economy can provide new goods and services will result in price inflation, and that is precisely what we’ve witnessed. Indeed, for much of modern history, inflation was defined as expansion of the money supply, not an increase in prices (which is the consequence of expanding the money supply). Henry Hazlitt famously explained the difference in Economics in One Lesson. “Inflation is an increase in the quantity of money and credit. Its chief consequence is soaring prices,” Hazlitt explained. “Therefore inflation — if we misuse the term to mean the rising prices themselves — is caused solely by printing more money.” Politicians such as Trudeau cannot, of course, admit it’s their own policies and money printing that are to blame for high food prices. So they hold speeches blaming grocery stores and food producers for the inflation they caused and threaten them with new taxes. Whether Canadians will see through Trudeau’s crude charade is unclear. What is clear is that Canadian grocers are not responsible for the skyrocketing price of food in Canada. Justin Trudeau and the Bank of Canada are. https://thepostmillennial.com/exclusive-anaheim-high-schools-mandate-courses-in-far-left-activism-political-engagement-and-ethnic-studies?utm_campaign=64487 Anaheim high schools mandate courses in far-left activism, political engagement, and 'ethnic studies' The American educational system has been intentionally picked apart and deconstructed. Where once the goal of education was to relay cultural knowledge from arts and literature to science and maths, recent decades have seen an intentional shift toward the obliteration of that form of education, and in essence, the erasure of the cultural knowledge that has been imparted. Critical race and gender theory are also used as part of the furtherence of these goals, which parents have spoken up against in recent years. The intent of this new form of education is the erasure of the culture, history, arts, letters and sciences that elevated American society to the echelons of global dominance. Nowhere is this more evident than in the classroom. The course selection and the currciculum being offered in the award-winning Anaheim Union High School District, was uncovered by Parents Defending Education (PDE). Via a public records request, PDE learned that 16 Ethnic Studies courses have been approved for Anaheim high school students. The terminology of "ethnic studies" is a ruse for a course of study that undermines American culture and seeks to turn students from scholars into activists. "Anaheim Union High School District has peppered its district in so-called 'Ethnic Studies' courses," said Caroline Moore, Vice President of Parents Defending Education. "Unlike what we’ve seen throughout California, this district purposely inserts race, identity, and racism into classes ranging from Spanish to Dance. Their students would better be served by learning history based in truth and facts, as opposed to dancing out their supposed 'Eurocentric' racism or 'oppressor' mentality.” A course called "Cultural Experiences in America" intends to "provide an emancipatory education." The goal here is to teach students the way that "their identities, including race, ethnicity, culture, and nationality" are "socially constructed." In short, that means the goal is to teach students the way that American culture has oppressed them. In this course, American culture is the enemy. Course descriptions use language that, at first glance, sounds harmless enough. But it's essential to get these definitions straight. "Emancipatory education" is a phrase coined by Paulo Freire, author of "Pedagogy of the Oppressed," a core text for those dismantling education. This is precisely the course of study Anaheim has in mind with courses like "English I: Ethnic Studies," which is required for graduation. The description of the course states as its goal the promotion of political activism. The course "expands on the understanding of each student's social responsibility to their community and the world. By encouraging agency and student voice through the use of present social reform, political movements and social justice topics, students will gain an understanding of the world around them. "Students will explore the experiences of Indigenous/Native American, Black/African American, Chicanx/Latinx and Asian/Asian American and Pacific Islander in all their complexity and diversity," the course description continues. A theater course could more accurately be described as an activism course. "Ethnic Studies Theater: The Art of Storytellling" is a course that advocates for students to critique "social constructs that have been conditioned through systems of oppression and underrepresentation as well as misrepresentation to find and develop their own voices through the medium of theater." A required component are "Project Based Learning Assignments" that are intended to "foster active consciousness, social engagement and agency" through the study of "the histories of race, ancestry, national origin, disapora, racism, hegemony, ethnicity, and culture." This course is designed to first teach the students that they are oppressed, teach them who to blame for that oppression, and how to become activists who endeavor to free themselves and all of society from the burden of that oppression. Conservatives in America caught on too late, and despite the recent attempts by parents and education activists to slam on the brakes, the deconstructionist forms of curriculum keep rolling in. What first reared its ugly head in education graduate programs has now been fully disseminated into American education at large.

This is Garrison Hardie with your CrossPolitic Daily News Brief for Thursday, November 2nd, 2023. Redballoon Not so long ago, the American dream was alive and well. Employees who worked hard were rewarded, and employers looked for people who could do the job, not for people who had the right political views. RedBalloon.work is a job site designed to get us back to what made American businesses successful: free speech, hard work, and having fun. If you are a free speech employer who wants to hire employees who focus on their work and not identity politics, then post a job on RedBalloon. If you are an employee who is being censored at work or is being forced to comply with the current zeitgeist, post your resume on RedBalloon and look for a new job. redballoon.work, the job site where free speech is still alive! www.redballoon.work https://thepostmillennial.com/only-3-5-of-americans-opted-to-get-latest-covid-shot-cdc?utm_campaign=64487#google_vignette Only 3.5% of Americans opted to get latest Covid shot: CDC New data from the Centers for Disease Control has revealed that just 3.5 percent of Americans opted to receive the latest Covid booster shot despite the Biden administration urging Americans 60 years of age and older, as well as those who are immunocompromised, to vaccinate themselves against a "tripledemic" of the latest Covid strain, the flu, and respiratory syncytial virus (RSV). The lack of demand for the new vaccine has pharmaceutical giants such as Pfizer recording losses, with much of its stock having to be thrown out. According to the CDC, just 7 percent of adults and 2 percent of children in the United States got inoculated against the recent strains of Covid, a stark decrease from the initial vaccine rollout. Polling shows that those numbers aren't likely to get much higher in the coming months and years, with 40 percent of Americans saying they probably or definitely won't get another Covid shot, and a similar percentage saying the same when asked whether they will vaccinate their children. As PBS reports, despite the fact that Covid deaths and hospitalizations are lower this year than in the previous three years of the virus' existence, an expert called the latest vaccination numbers "abysmal." In June, the Biden administration called on vaccine manufacturers Pfizer-BioNTech, Moderna, and Novovax to make new Covid vaccines. In an interview with the New York Times, Boston Children's Hospital vaccine program director and Food and Drug Administration adviser Dr. Ofer Levy called the availability of vaccines against RSV, Covid, and the flu a "godsend" for vulnerable Americans. He noted that tens of thousands die every year as the result of viral infections. Despite their efforts, fewer Americans have sought a fresh dose of the vaccine due in large part to the prevalence of previous vaccinations and infections, which have led to milder cases for many. Other reasons that may be influencing their decisions include the fact that unlike before, the jabs are no longer free, though they may still be covered under some insurance policies. https://timcast.com/news/pfizer-hid-nearly-80-of-covid-vaccine-trial-deaths-from-regulators/ Pfizer Hid Nearly 80% of Covid Vaccine Trial Deaths From Regulators According to new forensic analysis in the International Journal of Vaccine Theory, Practice, and Research, Pfizer failed to disclose evidence of more than a 3.7-fold increase in the number of cardiac deaths among vaccine recipients compared to those who received a placebo. “This means that 79 percent of relevant deaths were not recorded in time to be included in Pfizer’s regulatory paperwork,” Angelo DePalma, Ph.D. wrote for Children’s Health Defense (CHD) regarding the study. “By not including relevant subject deaths in the case report, Pfizer obscured cardiac adverse event signals, allowing the EUA to proceed unchallenged.” A comparison of the number of deaths per week during the 33 weeks of the study found no significant difference between the number of deaths in vaccinated versus placebo groups for the first 20 weeks, the placebo-controlled portion of the trial. “After week 20, as subjects in the placebo were vaccinated, deaths among this still unvaccinated cohort of this group slowed and eventually plateaued,” researchers found. Deaths in the “vaccinated subjects continued at the same rate,” leading the scientists to inconsistencies between the data Pfizer reported and the actual number of deaths reported after vaccination. According to CHD, Pfizer’s clinical trial abandoned standard practices when at week 20 it allowed “unblinding,” where the placebo group was allowed to switch to the vaccinated group. Typically, they note, this only occurs when the benefit of the drug is so great that not treating subjects becomes unethical. “Normally the decision to unblind a vaccine trial would be based on the product’s safety and effectiveness in reaching certain endpoints or objectives,” CHD explained. “But, perhaps unexpectedly, after 33 weeks the data revealed no significant difference between deaths in the vaccinated and placebo groups for the initial 20-week placebo-controlled portion of the trial.” CHD added, “Had Pfizer-BioNTech met their legal and ethical obligation to report all serious adverse events their data would have shown equal deaths in placebo and vaccine groups — which would have shown no clear benefit for the vaccine.” On Oct. 31, Pfizer reported a net loss of $2.38 billion due to “write-offs of Covid products.” https://fee.org/articles/why-justin-trudeau-is-blaming-grocers-for-surging-food-prices-in-canada/ Why Justin Trudeau Is Blaming Grocers for Surging Food Prices in Canada New government data emerged this week showing that food prices in Canada continue to climb. Though year-over-year inflation of consumer prices overall cooled to 3.8% in September, food prices increased 5.8% from a year ago, driven by surging prices of bakery products (up 8%), fresh vegetables (7.6%), pasta products (10.8%), and poultry (6.5%). Food prices have long been a sore spot for Canadians. Even prior to 2023, statistics showed that some 7 million Canadians, including 1.8 million children, were in households struggling to put food on the table. As inflation continued to drive food prices upward in 2023, consumer outrage quickly mounted. “If I’m paying that much, I hope there’s gold in that chicken,” one user responded to a viral tweet in January showing a $37 price tag on a package of chicken breasts. The episode prompted accusations of price gouging and a high-profile story in the New York Times — but the paper reported that outrage at grocers was misplaced. “While it’s easy to get angry at the grocer, there’s very little evidence that the grocers are actually taking advantage of the situation,” said Mike von Massow, a food economics professor at the University of Guelph in Ontario. Food prices have only gotten worse since then, and Prime Minister Justin Trudeau, apparently not a reader of the New York Times, has found the same scapegoat as many others unversed in basic economics: grocers. Last month, Trudeau threatened to slap grocery stores with new taxes if they don’t find a way to lower food prices. “Large grocery chains are making record profits. Those profits should not be made on the backs of people who are struggling to feed their families,” Trudeau told an Ontario crowd. By taking aim at grocers and “record profits,” Trudeau is parroting the rhetoric of some U.S. politicians, including Sen. Elizabeth Warren (D-MA), who has argued that inflation is being driven by “corporate greed.” The idea that corporations suddenly became greedy in the aftermath of the pandemic never passed the economic smell test, and it was recently rebutted in a Federal Reserve paper. “Corporate profit margins were not abnormally high in the aftermath of the COVID-19 pandemic, once fiscal and monetary interventions are accounted for,” noted Dino Palazzo, senior economist at the Federal Reserve Board. Yet politicians such as Trudeau, who less than a year ago criticized the idea of using a windfall tax on grocery companies to lower food prices, have repeated the claim over and over again that greedy corporations are the root cause of inflation. Why? The answer is simple: the true blame for inflation lies with them. Pierre Poilievre, leader of Canada’s Conservative Party, hit the nail on the head in a recent interview when he pointed out that the Canadian government’s policies are to blame for inflation — as are those who lead it. “[Trudeau] prints $600 billion, grows our money supply by 32% in three years,” Poilievre said. “That’s growing the money eight times faster than the economy. No wonder we have the worst inflation in four decades.” This is the mystery of inflation. (It’s not really a mystery.) Politicians and central banks flooded the economy with money, which devalued the currency. Basic economics teaches that increasing the money supply faster than an economy can provide new goods and services will result in price inflation, and that is precisely what we’ve witnessed. Indeed, for much of modern history, inflation was defined as expansion of the money supply, not an increase in prices (which is the consequence of expanding the money supply). Henry Hazlitt famously explained the difference in Economics in One Lesson. “Inflation is an increase in the quantity of money and credit. Its chief consequence is soaring prices,” Hazlitt explained. “Therefore inflation — if we misuse the term to mean the rising prices themselves — is caused solely by printing more money.” Politicians such as Trudeau cannot, of course, admit it’s their own policies and money printing that are to blame for high food prices. So they hold speeches blaming grocery stores and food producers for the inflation they caused and threaten them with new taxes. Whether Canadians will see through Trudeau’s crude charade is unclear. What is clear is that Canadian grocers are not responsible for the skyrocketing price of food in Canada. Justin Trudeau and the Bank of Canada are. https://thepostmillennial.com/exclusive-anaheim-high-schools-mandate-courses-in-far-left-activism-political-engagement-and-ethnic-studies?utm_campaign=64487 Anaheim high schools mandate courses in far-left activism, political engagement, and 'ethnic studies' The American educational system has been intentionally picked apart and deconstructed. Where once the goal of education was to relay cultural knowledge from arts and literature to science and maths, recent decades have seen an intentional shift toward the obliteration of that form of education, and in essence, the erasure of the cultural knowledge that has been imparted. Critical race and gender theory are also used as part of the furtherence of these goals, which parents have spoken up against in recent years. The intent of this new form of education is the erasure of the culture, history, arts, letters and sciences that elevated American society to the echelons of global dominance. Nowhere is this more evident than in the classroom. The course selection and the currciculum being offered in the award-winning Anaheim Union High School District, was uncovered by Parents Defending Education (PDE). Via a public records request, PDE learned that 16 Ethnic Studies courses have been approved for Anaheim high school students. The terminology of "ethnic studies" is a ruse for a course of study that undermines American culture and seeks to turn students from scholars into activists. "Anaheim Union High School District has peppered its district in so-called 'Ethnic Studies' courses," said Caroline Moore, Vice President of Parents Defending Education. "Unlike what we’ve seen throughout California, this district purposely inserts race, identity, and racism into classes ranging from Spanish to Dance. Their students would better be served by learning history based in truth and facts, as opposed to dancing out their supposed 'Eurocentric' racism or 'oppressor' mentality.” A course called "Cultural Experiences in America" intends to "provide an emancipatory education." The goal here is to teach students the way that "their identities, including race, ethnicity, culture, and nationality" are "socially constructed." In short, that means the goal is to teach students the way that American culture has oppressed them. In this course, American culture is the enemy. Course descriptions use language that, at first glance, sounds harmless enough. But it's essential to get these definitions straight. "Emancipatory education" is a phrase coined by Paulo Freire, author of "Pedagogy of the Oppressed," a core text for those dismantling education. This is precisely the course of study Anaheim has in mind with courses like "English I: Ethnic Studies," which is required for graduation. The description of the course states as its goal the promotion of political activism. The course "expands on the understanding of each student's social responsibility to their community and the world. By encouraging agency and student voice through the use of present social reform, political movements and social justice topics, students will gain an understanding of the world around them. "Students will explore the experiences of Indigenous/Native American, Black/African American, Chicanx/Latinx and Asian/Asian American and Pacific Islander in all their complexity and diversity," the course description continues. A theater course could more accurately be described as an activism course. "Ethnic Studies Theater: The Art of Storytellling" is a course that advocates for students to critique "social constructs that have been conditioned through systems of oppression and underrepresentation as well as misrepresentation to find and develop their own voices through the medium of theater." A required component are "Project Based Learning Assignments" that are intended to "foster active consciousness, social engagement and agency" through the study of "the histories of race, ancestry, national origin, disapora, racism, hegemony, ethnicity, and culture." This course is designed to first teach the students that they are oppressed, teach them who to blame for that oppression, and how to become activists who endeavor to free themselves and all of society from the burden of that oppression. Conservatives in America caught on too late, and despite the recent attempts by parents and education activists to slam on the brakes, the deconstructionist forms of curriculum keep rolling in. What first reared its ugly head in education graduate programs has now been fully disseminated into American education at large.

En este episodio, exploramos a fondo la influyente obra de Henry Hazlitt, "La Economía en una Lección", analizando cada capítulo, revelando las joyas conceptuales y destacando su aplicación en el mundo actual. Descubre cómo este genio económico ha dejado una marca indeleble en la forma en que entendemos el dinero, los negocios y la toma de decisiones económicas.  Únete a nosotros mientras discutimos, debatimos y desmenuzamos las lecciones de Hazlitt, llevando su legado a la vida de una manera que resuene en el presente.  Vamos a hacer una Feria Inmobiliaria de educación e inversión que jamás se ha hecho en Colombia. Más de 15 aliados claves del sector de real estate en el país para que aprendas a invertir como los mejores de la industria. Es el 30 de octubre en el auditorio de la Universidad Sergio Arboleda.  Te dejo acá el link con la información: https://hotm.art/EBCeyh ¡A seguir aprendiendo!

www.laasignaturapendiente.com/recomendaciones

Real estate can be highly rewarding, but strategically timing your purchases is crucial for success. So today, we've invited Alex Cartwright on the show to discuss its vital role in investing, plus insights on economics and housing market dynamics. Don't miss this opportunity to gain a competitive edge in your journey – hit that play button now!KEY TAKEAWAYS  Key to succeeding in different fields of expertise Essential things you need to know to time the market effectively Strategic investment approaches investors should use Expert insights from the Forbes 400 list Reasons why multifamily investing is a good hedge against inflation RESOURCES/LINKS MENTIONEDRange by David Epstein: https://amzn.to/460ykjN Capital in the Twenty-First Century by Thomas Piketty: https://amzn.to/3sG9I1D Forbes 400: https://www.forbes.com/forbes-400/ A Random Walk Down Wall Street by Burton Malkiel: https://amzn.to/45ELWSjEconomics in One Lesson by Henry Hazlitt: https://amzn.to/3EoYeSy On Grand Strategy by John Lewis Gaddis: https://amzn.to/3qZVpEG ABOUT ALEX CARTWRIGHT  Alex conducts macroeconomic analysis on target markets and conducts the underwriting for Vilicus Capital offerings. He owns over two dozen properties. He has also previously worked with Open Door Capital as a project manager.He is an Associate Professor of Economics at Ferris State University, where he teaches classes on Managerial Economics, Economic Growth, and International Business. His Economics research has been published in several scholarly outlets, including The Cambridge Journal of Economics. Alex is an affiliated scholar with multiple Think-Tanks and has served as an Economic advisor to congressional candidates in Peru. Alex received a B.S. in Mathematical Economics from Hampden-Sydney College, where he graduated Phi-Beta-Kappa, Summa Cum Laude, and first in his major. He earned an M.A. and Ph.D. in Economics from George Mason University, where he was the F.A. Hayek Fellow in the program for advanced study of Philosophy, Politics, and Economics at George Mason University's Mercatus Center.CONNECT WITH ALEX Website: Vilicus Capital: https://www.vilicus.capital/ LinkedIn: Alexander Cartwright: https://www.linkedin.com/in/alexcartwright/ CONNECT WITH USSchedule a 20-min get-to-know each other call - bit.ly/3OK31kISchedule a 30-min call to learn about investing with Three Keys Investments - bit.ly/3yteWhxVisit ThreeKeysInvestments.com to download a free e-book, “Why Invest in Apartments”!If you're looking for an affordable healthcare solution, check out Christian Healthcare Ministries by visiting https://bit.ly/3JTRm1IPlease RSS: Review, Subscribe, Share!

Agradece a este podcast tantas horas de entretenimiento y disfruta de episodios exclusivos como éste. ¡Apóyale en iVoox! AudioLibros Liberales | Economia en una Lección ─ Henry Hazlitt Economía en una lección es un libro introductorio a la economía liberal. Fue escrita por Henry Hazlitt y publicado en 1946, sobre la base del ensayo de Frédéric Bastiat ""Ce qu'on voit et ce qu'on ne voit pas"" (Lo que se ve y lo que no se ve). La " lección" se afirma en la primera parte del libro: > Este libro en su ya octava edición es un brillante análisis de los sofismas económicos que en los últimos tiempos se han convertido en una nueva ortodoxia, a pesar de sus internas contradicciones. Actualmente, no existe en el mundo un solo gobierno importante cuya política económica no se halle influida, cuando no totalmente determinada, por alguno de estos sofismas. Muchas gracias por tu apoyo al podcast "Audios Javier Milei" ¡¡¡Bienvenidos a las fuerzas del cielo!!! ¡¡¡VIVA LA LIBERTAD CARAJO!!! Escucha este episodio completo y accede a todo el contenido exclusivo de Audios Javier Milei. Descubre antes que nadie los nuevos episodios, y participa en la comunidad exclusiva de oyentes en https://go.ivoox.com/sq/873492

Have you ever considered the actual cost of your purchases? When you spend $100, $500, or any amount, are you really only spending that amount? No. You must also consider time, speed, and control, especially when buying a high-value item and borrowing money to fund it. To fully understand the importance of knowing the real cost of acquisition and getting a higher rate of return for your money, tune in to today's conversation. In response to the requests to bring back the BYOB series, Russ and Joey continue their book review of Becoming Your Own Banker by Nelson Nash. This episode is Part 14 of an 18-Part Series. Top 3 Things You'll Learn:The true cost of buying somethingHow to reduce your cost of acquisition by becoming your own bankerHow to get the most efficient storehouse for your moneyAbout R. Nelson Nash:R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Join the Inner Circle Live: August 25-27, 2023https://go.wealthwithoutwallstreet.com/innercirclelive-2Promo Code: PODCASTThat Which is Seen, and That Which is Not Seen by Frédéric Bastiat:https://www.amazon.com/That-Which-Seen-Not-Bastiat/dp/1947844334Economics in One Lesson by Henry Hazlitt:https://www.amazon.com/Economics-One-Lesson-Shortest-Understand/dp/0517548232Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallBecoming Your Own Banker by R. Nelson Nash:https://www.wealthwithoutwallstreet.com/ibcbookThe Infinite Banking Concept Explained by a CFP:https://www.youtube.com/watch?v=sVuexMv6Kf4IBC Example: True Cost of Paying Cash vs. Using a Whole Life Policy:https://www.youtube.com/watch?v=h4rugVZkajcJoin the Community:https://www.wealthwithoutwallstreet.com/communityTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizDiscover Your Path to Financial Freedom:

"You're never wasting time when you spend time learning about Bitcoin!" - ElizabethResources:1.) "Rothbardian Ethics" essay by Hans-Hermann Hoppe (my intro to Austrian Economics) https://www.lewrockwell.com/2002/05/hans-hermann-hoppe/rothbardian-ethics/ 2.) "Economics in One Lesson" by Henry Hazlitt https://leeconomics.com/Literature/Henry%20Hazlitt%20Economics%20in%20One%20Lesson.pdf 3.) Article to clarify 'monetary inflation' vs 'price inflation' by Bob Murphy https://mises.org/wire/monetary-inflation-and-price-inflationRothbardian Ethics - LewRockwellThe Problem of Social Order Robinson Crusoe, alone on his island, can do whatever he pleases. For him, the question concerning rules of orderly human conduct — social cooperation — simply does not arise. Naturally, this question can only arise once a second person, Friday, arrives on the island. Yet even then, the question remains large...LewRockwell.comPlease email your questions and comments to Tali@OrangeHatter.comMentioned in this episode:Aleia Free Market Kids Sponsorship FULLGet your HODL UP ("The best bitcoin game ever!") at www.freemarketkids.com.

Ben Prentice is a producer of What Bitcoin Did and co-creator of WTFhappenedin1971.com. In this interview, we discuss ‘Economics in One Lesson', the seminal work by Henry Hazlitt. It's as relevant today as it was when it was first published in 1946. We also talk through the disruptive force of AI, and, of course, we cover Bitcoin. - - - - Henry Hazlitt was an American journalist who reported on economics and business between 1913 and 1969 for publications such as the Wall Street Journal, Newsweek and the New York Times. He is credited with introducing the ideas of Austrian economics to the English speaking world. But his legacy was burnished through his 1946 book ‘Economics in One Lesson'. Hazlitt's ideas have been acknowledged as being foundational in the development of neocolonialism in the United States. ‘Economics in One Lesson' has been praised since its publication by numerous prominent economists opposing Keynesian economics. But it was it's impact on decision makers such as Ronald Reagan that set it apart from other works. And it is still having an impact today. Hazlitt's book has resonated with different audiences for over 75 years because it developed arguments that have remained timeless. Two central ideas have as much relevance today as they did in 1946: firstly, policymakers underestimate the cause and long-term effect of policy decisions; secondly, many economic beliefs are based on logical fallacies. It is a work that strips away the complexity of economics to explain it in clear and recognizable terms. The question should therefore be why we live in a world that seems to be making the same mistakes that formed the basis of Hazlitt's original work. Part of this is because the underlying monetary system is inherently weak. But, it is also because decision-makers, either through ignorance or arrogance, believe that they can allocate capital better than the market. This is why Hazlitt's work remains important: we must remember the past or be condemned to repeat it.

“It's the idea that you use logic to come to the wrong conclusion, and because you are using logic, you think you came to the right conclusion…what Henry Hazlitt argues in this book, Economics in One Lesson, is that there's this network of logical fallacies that mutually support each other and obscure the truth.”— Ben PrenticeBen Prentice is a producer of What Bitcoin Did and co-creator of WTFhappenedin1971.com. In this interview, we discuss ‘Economics in One Lesson', the seminal work by Henry Hazlitt. It's as relevant today as it was when it was first published in 1946. We also talk through the disruptive force of AI, and, of course, we cover Bitcoin.- - - - Henry Hazlitt was an American journalist who reported on economics and business between 1913 and 1969 for publications such as the Wall Street Journal, Newsweek and the New York Times. He is credited with introducing the ideas of Austrian economics to the English speaking world. But his legacy was burnished through his 1946 book ‘Economics in One Lesson'.Hazlitt's ideas have been acknowledged as being foundational in the development of neocolonialism in the United States. ‘Economics in One Lesson' has been praised since its publication by numerous prominent economists opposing Keynesian economics. But it was it's impact on decision makers such as Ronald Reagan that set it apart from other works. And it is still having an impact today. Hazlitt's book has resonated with different audiences for over 75 years because it developed arguments that have remained timeless. Two central ideas have as much relevance today as they did in 1946: firstly, policymakers underestimate the cause and long-term effect of policy decisions; secondly, many economic beliefs are based on logical fallacies. It is a work that strips away the complexity of economics to explain it in clear and recognizable terms.The question should therefore be why we live in a world that seems to be making the same mistakes that formed the basis of Hazlitt's original work. Part of this is because the underlying monetary system is inherently weak. But, it is also because decision-makers, either through ignorance or arrogance, believe that they can allocate capital better than the market. This is why Hazlitt's work remains important: we must remember the past or be condemned to repeat it. - - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletCasa - The leading provider of Bitcoin multisig key securityWasabi Wallet - Privacy by default-----WBD621 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

New York City real estate has distinctions and quirks that you'll find almost nowhere else in the world. Is it unreal estate? This includes: super skyscrapers, air rights, apartments with doormen, co-ops, pencil buildings, and rent control. Can you actually make money in NYC real estate? Incredibly, the national or world capital of all these are in NYC: banking, finance, communication, advertising, law, accountancy, fashion, arts, architecture, media, and more. 1 in 18 Americans live in the NYC metro area. The population is growing.  Guest Beth Clifford joins us.  She has an impressive set of experiences, including on Wall Street, with startups, and as an international real estate developer. Beth is a former NYC resident. Beth describes: how “air rights” are really development rights, pencil buildings, which apartments have doormen, and more. There's a short-term rental arbitrage strategy in NYC where you could make money. But is it legal?  Join Thursday, Feb. 23rd's GRE Live Event for Philadelphia, Pittsburgh and Baltimore properties. Ask me questions live. It's free. Register now at: GREwebinars.com. Resources mentioned: Show Notes: www.GetRichEducation.com/437 Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Memphis property that cash flows from Day 1: www.MidSouthHomeBuyers.com Find cash-flowing Jacksonville property at: www.JWBrealestate.com/GRE Book recommendation: Economics in One Lesson Find NYC apartments: StreetEasy.com I'd be grateful if you search “how to leave an Apple Podcasts review” and do this for the show. Top Properties & Providers: GREmarketplace.com Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free—text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Welcome to GRE! I'm your host, Keith Weinhold. New York City real estate is just absurd. It's also really interesting and has distinctions and quirks that you'll find almost nowhere else in the world.    We're talking about air rights, skyscrapers, apartments with doormen, co-ops, rent control, and how do you actually make money in NYC real estate? Today, on Get Rich Education.   Welcome to GRE! From Jamaica, Queens to Lower Manhattan. Across New York City and 188 world nations, this is Get Rich Education. I'm your host, Keith Weinhold.   As we're talking about NYC real estate today, I think it can be regarded as exotic and Manhattan is the CENTER of American urban excitement from Times Square to the Statue of Liberty to the address “One World Trade Center” and more.    It wasn't always this way.   As the story goes, in 1626 - about 400 years ago - Indigenous inhabitants sold off the entire island of Manhattan to the Dutch for a tiny sum: just $24 worth of beads and "trinkets."   At that time, it wasn't known as New York. It was called “New Amsterdam”.    Today, NYC is the national or the WORLD capital of: banking, finance, communication, advertising, law, accountancy, fashion, arts, architecture, media, and more.   How could so much be in one place? Well, all this attracts a lot of people.   In fact, the NYC metro area population last year was almost 19 million, that's up just about one-quarter of 1% from the previous year. So COVID hasn't killed it.   This means that more than 1 in 18 Americans live in the NYC Metro.   Now, of the 5 boroughs, we're really focusing on Manhattan today, since that's where space is at a premium, hence that's why the tall skyscrapers are there.   In fact, I have counted 17 skyscrapers that are all more than 1,000 feet tall - that's almost one-fifth of a mile tall.   Now, Manhattan is crammed with such high density - and it isn't just commercial space. Of course, residents live on Manhattan too.   But it is so crammed for space in Manhattan - and even in places of the four outlying boroughs, that it can kind of obscure your vision such that you don't have the - I guess - wherewithal that you would elsewhere.   Here's what I mean. Just last month I met a guy that has lived all of his life in NYC - part of his life in Brooklyn and part of his life in the Bronx.   He did not realize that when he lived in Brooklyn, he was living on an island. I don't know how long he lived in Brooklyn, but I found a gentle way to tell him, without making him feel unintelligent - that yes, Brooklyn and Queens are both on LI.   That's why you have all those bridges in NYC, like Brooklyn Bridge. They connect the islands.   Now, when it comes to rental property there, New York State has had the longest history of rent control in the United States, since 1943. The majority of those units are in NYC.   I have never seen one piece of evidence that rent control works long-term. If you have, please share that resource with us at GetRichEducation.com/Contact   When you put a ceiling on the amount of rent that can be charged like this, what tends to happen is that landlords have zero incentive to improve the property when they can't charge more rent… or else soon, LLs would be losing money.   In many cases, soon properties and entire areas can become dilapidated because they haven't been improved, and in bad cases, tenants don't want to move out. They'd like to keep the cheap rent even if they need to tolerate increasingly squalid conditions in these neglected properties.   A classic economics book really outlines the rent control problem wonderfully. Though the author isn't that well-known, Henry Hazlitt's “Economics in One Lesson” really breaks down the problems with rent control terrifically.   That entire book basically outlines how programs like rent control only benefit a small group of people for a short period of time… like, oh, let's give these people a break & be nice so that they can afford to pay the rent.   At the same time, you're NOT playing nice to the property owner. And how benefits to a small group of people in the short-term harms everybody long-term. Many will tell you that's the case with… rent control.   Shortly, I'll talk with an experienced developer, knowledgable about NYC development, she also used to live in NYC.   Wait until you discover some of the complexities of getting things build there. I expect her to share that.   She'll tell us about things that you would never think of, like how… whether or not there are windows on the side of the a building indicates whether or not there's a development opportunity there.   I'll have her describe what “Air rights” are. Property “air rights” are not what you think they are. You'll need to listen closely to that part as I expect explaining “air rights” involves somet math.   You'll learn about what “skinny skyscrapers” are and why they don't they build those wider.   NYC has coops - cooperatives. They're different from a condo. In a co-op, you buy shares in a corporation that gives you certain occupancy rights.    So rather than having fee simple title, you're the shareholder of a corporation rather than having a title like you do with condos.    And you've got to give the co-op board your income & taxes… because the corp wants to be sure you'll be able to pay. And if the co-op board doesn't like you dog or like you for whatever other reason, maybe they won't let you join.   If you're perusing apartments to rent in NYC - esp. Manhattan - some have a doorman and some don't have a doorman. Why might it be desirable to have a doorman, when that's not even offering in a place like, say Minneapolis or Houston?   I'll ask our guest, “Is there any way you can make some real estate cash flow here.”   So, I'm often the one doing the teaching here on the show. But in just a few minutes, I expect to get some learning myself as we discuss the unique and unusual nuances of NYC real estate.   First, how long have you been listening to the GRE Podcast?   Well, that was a recent question in our Instagram Poll.    Now, the sample size wasn't that huge and the our average Instagram follower might be a more avid podcast fan that the average.   But with the question asked, “How long have you been listening to the GRE Podcast?” The results were:         Under 1 Year = 11% of respondents have been listening for that length of time.       1-3 Years = 32% of you        3+ Years = 43% of you have been listening for that length of time.        And EVERY SINGLE episode since 2014, yes, that is all 437 episodes. That comprises 14% of you.   So that's about 1 in 7 listeners - at least in this poll - have listened to every single show. I'm really grateful for that. To shout out a sampling of those that have listened to every episode, that includes Kirby, Jacob, and Stacio.   I'm deeply grateful for that. I still of new people that find the show here today & then want to go back and listen to every single episode.   That is humbling indeed.    NYC Real Estate is absurd. That's next. I'm Keith Weinhold. This is Get Rich Education. ______________   Yeah, great stuff from Beth there… and hey, a good investment to the global elite might be different than what you perceive as a good investment.   If you've got $250M to place and you don't need the cash flow, you just want RE for the proven inflation hedge that it is, then drop it all into a Manhattan skinny skyscraper and leave it vacant. Some people can afford to do that. It was good to learn that the term “air rights” is misleading. It's really about “development rights”. That's probably a better way to remember it. Now, when it comes to real estate in the northeast, Boston, NYC, and Washington DC real estate and their outlying areas really aren't known as what we'd call “cash flow” markets. But three other cities in the region are - Philadelphia, Pittsburgh, and Baltimore. Our Mid-Atlantic provider even sees properties where the price is around 100 months' rent. Yes, the property price is just 100X the monthly rent amount. That is impressive. That means that with just a 20% down payment, you can expect your monthly rent income to often exceed all the monthly expenses, even your mortgage payment. Well, I'm going to discuss this at a live event on Thursday night, just 3 days from now. That is Thursday, February 23rd at 9 PM Eastern, 5 PM Pacific. Yes, this live event is your opportunity to ask us questions live, and that it will be the first time ever that our in-house Investment Coach, Naresh, & I are both there, together, to help you, along with the provider in these mid-Atlantic markets. Again, it will be in just three days, Thursday, February 23rd at 9:00 PM Eastern. It is completely free. Sign up now at GREwebinars.com The nation's capitol, Washington DC, has a strong influence beyond the Mid-Atlantic region. The Baltimore metro area is slowly merging with the DC metro. Droves of Americans work in DC and live in Baltimore. It's a short commute and offers more space and affordability.   And then, with Pennsylvania being my home state, Philadelphia and Pittsburgh and have similar advantages. We're talking about… Diverse economies Advantageous geographies Reasonable cost of living And substantially more landlord-friendly to you than NYC   Yes, GRE is hosting a live show on these markets. And typically on these action-oriented live events, we have a few real property addresses of freshly-rehabbed properties with tenants already placed, PM already in-place if you so choose and more. We'll make it real with real, actual addresses. You could reserve a few if you so choose.   Tune and don't miss: The Professional Turnkey Provider Introduction We'll have market talk on Philly, Baltimore, and Pittsburgh And look at that active inventory. Hey, special thanks to the extraordinary knowledgeable Beth Clifford today. Now, unless you have $250M to sink into skinny Manhattan skyscrapers, then… I hope & am looking forward to seeing you on Thursday night for some of the best ratios - rental properties with a high rent income in proportion to a low purchase price. Rather than $250M, it'll take as little as $30K for a down payment and closing costs on some of these properties at Thursday's live event. Amidst this continued scarce supply of inventory in America, we've pulled some strings and found a good selection for you in Baltimore, Philly, and Pittsburgh. This GRE live event takes place Thursday February 23rd at 9:00pm ET. I'll see you there. It's free. It's interesting and it promises to be lucrative for you. Sign up now while it's on your mind at GREwebinars.com Until then, I'm your host, Keith Weinhold. Don't Quit Your Daydream.

Politicians calling for student loan forgiveness or free college tuition have failed to understand the larger consequences of unlimited student lending. Henry Hazlitt would have understood. Original Article: "College Loans and Hazlitt's Lesson: Ignoring the Larger Picture" This Audio Mises Wire is generously sponsored by Christopher Condon.

Politicians calling for student loan forgiveness or free college tuition have failed to understand the larger consequences of unlimited student lending. Henry Hazlitt would have understood. Original Article: "College Loans and Hazlitt's Lesson: Ignoring the Larger Picture" This Audio Mises Wire is generously sponsored by Christopher Condon.

https://youtu.be/pR98SByGp68 The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups. - Henry Hazlitt, Economics in One Lesson (p. 5) Abigail Hall is an Associate Professor in Economics at the University of Tampa. She earned her PhD in Economics from George Mason University. Abigail R. Hall's Website: https://www.abigailrhall.com/ Collection of Essay's: SSRN BitChute

Don't miss this episode of the California Liberty Project, in which Blas Vegas Carrasco and I dive into a free-market classic for the ages: Henry Hazlitt's Economics in One Lesson. This short book serves as a powerful primer that will help you tear down every common economic fallacy that floats around today. Blas and I cover topics such as minimum-wage laws, rent-control laws, price controls, the "broken window" fallacy, "public works" projects, and also the highly entertaining movie Falling Down. Check out Economics in One Lesson on mises.org Follow Blas on twitter Follow California Liberty Project on twitter California Liberty Project on Instagram Visit californialibertyproject.com Check out AP4LibertyShop! --- Send in a voice message: https://anchor.fm/californialibertyproject/message

Are you an Accredited Investor that's tired of getting crushed by paying so much in income tax? Find out how we're helping others like you keep Uncle Sam out of your pocket. Click the link HERE.  Going Long Podcast Episode 226: How to Scale Your Commercial Real Estate Portfolio In the conversation with today's guest, Sam Wilson, you'll learn the following:   [00:38 - 04:06] Show introduction with comments from Billy. [04:06 - 07:38] Guest introduction and first questions. [07:38 - 17:05] The backstory and decisions made that led Sam to this point in his journey. [17:05 - 21:27] Why Sam decided to invest beyond his backyard and out of State in Real Assets rather than only focusing on investment opportunities in his home market location. [21:27 - 27:07] Some of the ways Sam ensures that the people he works with are aligned with his own goals and objectives. [27:07 - 29:06] Sam's views on short term investments versus long term investments. [29:06 - 34:29] How Sam first became interested in making the move to Commercial Real Estate.  [34:29 - 37:37] How best to connect and speak to sponsors you are interested in. [37:37 - 39:40] Sam explains the genesis of his own podcast,  Here's what Sam shared with us during today's conversation:    Where in the world Sam is based currently: Memphis, Tennessee. The most positive thing to happen in the past 24 hours: Sam got to enjoy his first successful squash harvest! Favourite European city: Paris, France. A mistake that Sam would like you to learn from so that you don't have to pay full price: Don't jump into anything too fast without doing the very necessary due diligence on a deal!  Book Recommendation: Economics in One lesson, by Henry Hazlitt. Be sure to reach out and connect with Sam Wilson by using the info below:   Website: https://brickeninvestmentgroup.com/  Podcast: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234   To see the Video Version of today's conversation just CLICK HERE.   How to leave a review for The Going Long Podcast: https://youxccbxtu.be/qfRqLVcf8UI    Start taking action TODAY so that you can gain more Education and Control over your financial life.   Are you an Accredited Investor that's tired of getting crushed by paying so much in income tax? Find out how we're helping others like you keep Uncle Sam out of your pocket. Click the link HERE.    Be sure to connect with Billy!  He's made it easy for you to do…Just go to any of these sites:   Website: www.billykeels.com Youtube: billykeels Facebook: Billy Keels Fan Page Instagram: @billykeels Twitter: @billykeels LinkedIn: Billy Keels

What are you doing to increase your team's resilience so they are in it for the long haul?  It's essential for every leader to answer this question because if your team isn't prepared to bounce back in tough situations, they may disengage and even quit. It is tempting to focus on building a “positive attitude” but most teams need more than that to be successful. Enter my episode today with the CEO of Foot Solutions, John Prothro who shares an essential strategy to build resilience in your team for the future. Foot Solutions is a global foot wellness retailer that specializes in custom orthotics and advanced footwear.   John is an experienced executive with a background in mergers and acquisitions and multinational business leadership, working in both executive and Board positions in various companies. He has lived and worked in both China and the United States.  John holds degrees from Texas A&M and Vanderbilt University where he was a baseball player.    John's LinkedIn profile: ​​https://www.linkedin.com/in/johnprothro/ (https://www.linkedin.com/in/johnprothro/) Foot Solutions: https://footsolutions.com/ (https://footsolutions.com/)    WHAT YOU WILL DISCOVER IN THIS EPISODE: His first job at Dirt Incorporated and how it impacted his career. What “rocked his world” as a collegiate athlete, and what he learned as a leader. How to instill resilience in yourself and others. The moment his resilience was tested and how he bounced back. How to find the right situation to become CEO. Three questions to ask yourself before stepping in to lead. One question that helps you decide what to do in your career. An important strategy to sustain yourself outside of work. The one trait he'd instill in every employee… Sincerity. A guiding principle for hiring anyone.  A hilarious thing he was shipped when he needed to let someone go. Three success strategies for every employee. Russian literature - insights for how the world really works! QUOTES: “Stop equating money with value. Make decisions based upon what you're going to learn.” “It's a fail if my calendar is full.” I want to hire someone who, in 5 years, I know I'll have to fight to keep them.” “You have the ability to make your own path.” RESOURCES: The Bell Curve, Charles Murray https://www.amazon.com/Bell-Curve-Intelligence-Structure-Paperbacks-ebook/dp/B003L77VY2 (https://www.amazon.com/Bell-Curve-Intelligence-Structure-Paperbacks-ebook/dp/B003L77VY2) The Elements of Style, https://www.amazon.com/Elements-Style-Fourth-William-Strunk/dp/020530902X (https://www.amazon.com/Elements-Style-Fourth-William-Strunk/dp/020530902X)  Harvard Business Review https://hbr.org/ (https://hbr.org/)  CEO Session Episode with Carin-Isabel Knoop, Harvard Business School Director of Business Case Studies https://www.benfanning.com/carin-isabel-knoop/ (https://www.benfanning.com/carin-isabel-knoop/)  Economics, Thomas Sowell https://www.amazon.com/Thomas-Sowell/e/B00J5BK55K%3Fref=dbs_a_mng_rwt_scns_share (https://www.amazon.com/Thomas-Sowell/e/B00J5BK55K%3Fref=dbs_a_mng_rwt_scns_share)  Economics in One Lesson, Henry Hazlitt https://www.amazon.com/Economics-One-Lesson-Shortest-Understand/dp/0517548232 (https://www.amazon.com/Economics-One-Lesson-Shortest-Understand/dp/0517548232)  The Way the World Works, Jude Wanniski   https://www.amazon.com/Way-World-Works-Gateway-Contemporary/dp/0895263440 (https://www.amazon.com/Way-World-Works-Gateway-Contemporary/dp/0895263440)  Crime and Punishment https://www.amazon.com/Crime-Punishment-Fyodor-Dostoyevsky/dp/0486415872 (https://www.amazon.com/Crime-Punishment-Fyodor-Dostoyevsky/dp/0486415872)  War and Peace https://www.amazon.com/War-Peace-Vintage-Classics-Tolstoy/dp/1400079985 (https://www.amazon.com/War-Peace-Vintage-Classics-Tolstoy/dp/1400079985)  ------------------- https://www.benfanning.com/the-ceo-sessions/ (Apply to

Ryan McMaken joins the show to discuss Adam Fergusson's seminal history of Weimar-era hyperinflation in Germany, When Money Dies. Americans accustomed to the dollar's king status have no idea how quickly and brutally a currency can lose value, especially when war finance distorts the entire structure of a nation's economy.  What follows is sobering: hunger, violence, crime, and degradation. This fascinating book makes for a great study of how and why inflation rises quickly, and provides a cautionary tale for central banks and fiscal policy makers today.Plus listen to the show for a link to your free copy of the book! Read Hans Sennholz on Hyperinflation at Mises.org/HyperInflation Find Henry Hazlitt's What You Should Know About Inflation at Mises.org/InflationHazlitt Read Lyn Alden's article on inflation at Mises.org/Alden]]>

Recorded August 30, 2019 Don't miss my upcoming appearances: The Las Vegas Trading Conference, Oct. 4-5 The Dallas Money Show October 13-14 and the New Orleans Investment Conference, Nov. 1-4 Waiting for Hurricane Dorian When I recorded my last podcast on Tuesday evening, we were getting ready for Hurricane Dorian, which was supposed to pass by the south coast 0f Puerto Rico on Wednesday.  But when I woke up on Wednesday morning, the meteorologists had the hurricane pretty much coming right over my house. It had changed course and had moved north, and it was supposed to come right through Puerto Rico, rather than just go by it to the South. But then the hurricane kept moving north, and it ended up missing Puerto Rico completely.  We were here, the kids were home from school, everybody was battened down waiting for what at that time was maybe a strong tropical storm… maybe a category 1 hurricane. Puerto Rico Spared from Hurricane But we didn't even get a rain drop. Not even a gust of wind, as the hurricane just missed Puerto Rico to the north. I think it did go by the U.S. and British Virgin Islands - didn't really do much damage, there, because the store hadn't intensified but Puerto Rico's gain will be Florida's loss. The storm did not go over Puerto Rico, and initially it was supposed to go over the Dominican Republic, and the mountains there, it's a much bigger island, and it would have really beaten up the storm, but because the storm was really uninterrupted, and it has been over water the entire time, now it looks like it will be a category 4 when it hits somewhere along the Florida coast. It looks like a pretty powerful storm. Broken Window Theory You're going to hear, as is always the case, economists are going to be saying, "Oh, well, this is good for GDP." Whenever there's a hurricane, people say, "Oh, look!  We have to spend all this money repairing and rebuilding everything that was destroyed."  But that is not good for the economy. If you haven't heard the "Broken Window Theory", Henry Hazlitt does a very good job of explaining that and refuting the Keynesian idea that disasters are somehow good for the economy.