The Learn Liberty Blog (page 92)

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  • A Five Minute Crash Course on the Greek Crisis

    The economic and financial turmoil in Greece has been in and out of headlines frequently over the last few months. The Greeks claim austerity measures have only made things worse, while the EU claims Greece continues to fail the austerity measure put in place to receive future bailouts. In this [...]
  • Greece Should Default

    Newly reelected Greek Prime Minister Alex Tsipras expects that by early 2017 Greece will be able to access bond markets, from which it has been virtually cut off since it lost investor confidence in 2010. If it is unable to meet this timeline, it will be forced to rely on [...]
  • Featured On Demand Program of the Week: The Immigration Debate

    With presidential contenders like Donald Trump and Bernie Sanders making a fuss about foreign laborers coming to the country and depressing wages or murdering our women and children immigration reform has once again moved to the front lines of presidential politics. Have you ever wanted to cut through the demagoguery [...]
  • ‘Loonie’ Canadians Elect Spendthrift Regime Despite Success with Cutting Spending

    Last week, Canada elected a new Liberal Prime Minister, Justin Trudeau, who has vowed to massively boost public spending and run several years of deficits, arguing that the “infrastructure deficit” is bigger than the fiscal deficit. He claims that such stimulus spending will spur economic growth. But in the video [...]
  • The Demise of Unsupervised Play and the Challenge of Sexual Communication

    One of the key elements of a free society is that people avoid potential conflicts peacefully, using consent not coercion. One way to do this is through market exchange, but another way is through cooperative agreement, such as we see in small groups who have to solve problems (think about [...]
  • The Scariest Thing This Halloween: Government

    According to a recent Chapman University survey, it’s not ghosts and goblins that Americans are most afraid of this Halloween; it’s the government, the corruption of which ranks as the number one fear in a list of 88 options. (Whooping cough and zombies rank as the bottom two in case [...]
  • Antony Davies in the Washington Post: It’s Time to Privatize Metro

    This opinion piece by professor Antony Davies appeared in the Washington Post on October 16th. Below is an excerpt. Metro takes its bizarre victim-blaming a step further, saying that in order to right these “safety wrongs” and bring ridership numbers back to those seen in the golden days, it will be [...]
  • On Creative Destruction and Self-Driving Cars

    The capabilities of self-driving cars are growing rapidly, and some sources predict they will become the primary means of transportation by 2040. However, “Hundreds of thousands, if not millions, of people—truckers, cabbies, delivery people—drive for a living in the USA”,  and these drivers are likely to lose their jobs if they [...]
  • Doing Bad by Doing Good

    Should you save the spider in the toilet? That’s the philosophical thought experiment explored in the new Learn Liberty video below. Despite the good intentions of those who want to save the spider, there is no guarantee that they will result in it being saved. In fact, good intentions may [...]
  • Republican Debate: More of the Same?

    Last night’s Republican debate was two hours of 10 candidates doing their best to distinguish themselves from the many people hoping to win the 2016 presidential election. While there were some generally agreed-upon winners (Marco Rubio and Ted Cruz) and losers (Jeb Bush, and for some the CNBC moderators), the [...]
  • Win the Game of Thrones by Not Playing

    Game of Thrones won Outstanding Drama Series at the Emmy Awards recently, and its fandom has reached a feverish pitch. Though its medieval society filled with dragons, giants, and magic may seem far removed from our present day, the principles underlying the nature of power remain the same in both. [...]
  • Every Flaw in Consumers Is Worse in Voters

    I have been making a mistake for most of my life. See, I’m an economist, and one of the things that attracted me to economics is the notion of the “ideal economy.” Of course, there are valid objections to the use of markets. There are people who cheat and commit fraud, [...]