Here in Episode 4 of our series on Blockchain Economics, Lawrence H. White, Professor of Economics at George Mason University, will walk you through Hayek’s elegantly simple proposal: make private individuals and businesses free to offer their own money to compete with that of the government.
Bitcoin is a serious and direct threat to governments’ power to control and print money. So, politicians and bureaucrats are building Bitcoin into the ultimate boogeyman. It “puts the financial system at the whims of some shadowy group of super-coders,” said Senator Elizabeth Warren. Then there’s the narrative — pushed by British newspaper The Guardian […]
One thing everyone seemingly can agree on is that Pfizer, Moderna, Johnson & Johnson, and other pharmaceutical companies developed their Covid-19 vaccines in world-record time. Less than a year passed from the outbreak of the virus in January 2020 until a British woman received the first dose in December 2020. (And they could have been […]
The history of Marxism (and its offspring, Communism) in Latin America is a sordid one. Many of its brutal dictators, including Fidel Castro, Hugo Chavez, and Pedro Castillo, have used the Marxist doctrine as a stepstool to power. But, as this video argues, those dictators only succeeded in plunging their countries into poverty — as Marxism promises to do anywhere its ideas are adopted.
Here’s a brainbuster for you: The product on the left will help keep you alive for 6-8 weeks. It costs $4.49. The other is nothing more than pretty to look at. It costs $161. Why? This paradox — the water-diamond paradox — troubled some of the world’s greatest minds. Plato wondered about it; Copernicus and […]
The United States government is, yet again, facing a budget crisis. Government funding is set to expire on December 3, 2021 and Congress has a deadline of December 15 to raise the debt ceiling. Otherwise, the U.S. will default on its debts, and a worldwide financial collapse becomes a possibility.
Modern Monetary Theory (MMT) is part of the reason these crises — not to mention inflation — are becoming more common. It theorizes that because modern states control currency and have the power to levy taxes, they can print as much money as they want.
Bitcoin and other crypto have put a lot of pressure on governments. They just can’t ignore it anymore. Some have tried really hard to control it (like China), others have embraced it completely, like El Salvador, which just legalized bitcoin as legal tender. In this video, we explore examples of obstacles some countries put on […]
The G7 recently reached a historic decision favoring a global corporate tax rate, aligning interests from the US government and the European Union. They want to change how corporations pay their taxes and eliminate the competition between countries with lower rates. What is behind this decision? What are the possible consequences of implementing a global tax? But most importantly, why is this such a terrible idea?
Vox recently posted a video explaining how inflation works and why some people want inflation to rise in the US. However, they are not telling the whole story, so we had to set the record straight.
We invited our good friend, professor Antony Davies, to explain what inflation is and how that affects the lives of everyone. He talks about how inflation erodes people’s purchasing power, the role of politicians in all this, and what people can do to protect themselves against inflation. We want to hear what your savings strategies are against inflation. Comment them down below!
Following the conversation with Eline Chivot, the senior adviser on digital policy at the European People’s Party and a former senior policy analyst at the Center for Data Innovation, about data protection and innovation, we asked her why data is so important to innovation in a digital economy, and what happens when the flow between companies and users is interrupted by governments.
Few businesses have been so impacted by the pandemic as cinemas and movie theaters. Think about the last time you watched a movie in a room filled with people; this is an image from a distant past, and although things are getting back to normal, the movie industry has been affected in a way not seen before.
We hear from June Arunga, a Kenyan technology entrepreneur and CEO of Usafi Comfort Limited, about the issues faced by many entrepreneurs around the African continent to keep their businesses running.
George Ayittey, president of the Free Africa Foundation, talks about the myths of socialists countries in Africa. They are not consequences of the indigenous forms of local government but brought on by colonizers. The reason for the mistake is that the basic economic and social unit for traditional African societies is different from the Western […]
The Prohibition Era is a dark time in US history: bootleggers, corrupt politicians, mafia organizations… It is gone, but alcohol laws are still reminiscence of that time. We realized this only after the pandemic.
In this video, we talked to Jacob Rich, policy analyst of the Reason Foundation/Magazine, discussed the history of alcohol policies in the US and how to improve them for the future.
In 2020, former President Trump expressed his wish to ban the app “Tiktok,” arguing that it constituted a violation of the privacy of millions of Americans.
We talked to Will Duffield, from the CATO Institute, and James Carafano, from the Heritage Institute, to understand the multiple points of view on this issue.
Was Tiktok providing the data from millions of Americans to the Chinese government? Is banning Tiktok a viable solution? How would other countries react to this intervention?
#SocialMedia #Censorship #Tiktok
Are you a fan of NBC’s The Good Place?
Learn Liberty knows of an even better place, where individuals are free to pursue peace and prosperity.
We invite you to watch our new video, which dissects the major themes in The Good Place and how they point to liberty and make the case for capitalism.
In a world of scarcity, Capitalism’s “Medium Place” seems to make individuals a lot better off by allowing them the freedom to pursue their own happiness.
We asked Tom Palmer about his take on new anti-liberty regimes.
Tom G. Palmer is the author of Why Liberty: Your Life, Your Choices, Your Future. He is a Senior Fellow at the Cato Institute, and Vice President for International Programs at the Atlas Network.
As a result of the COVID-19 pandemic, there’s been a strong effort to curtail price gouging on items such as hand sanitizer and medical face masks.
What doesn’t get said enough, however, is that forcibly restricting prices from rising above a certain threshold will not in itself influence the market conditions that drive prices up.
Price gouging encourages competition by pressuring manufacturers and distributors to increase production, which over time, would actually drive down costs. Price controls during a time of crisis, however, do nothing to address the shortage problem.
On November 12th 2019, a federal judge has struck down against an attempt to release downloadable gun files in the United States. It was declared that allowing access to this information violates the Administrative Procedure Act and the Constitution.
It has been echoed that such free access to untraceable blueprints could threaten world peace and national security.
However, it has also been argued that If blueprints are speech, then 3D files are speech too. That means that, according to the constitution we have today, the government can’t prohibit them.
So what is 3D printing exactly?
3D printing is a process where a computer-aided-design (CAD) is sent to a printer where it is produced in three dimensions out of plastic or resin.
Matthew Larosiere, Director of Legal Policy Firearms Policy Coalition and Senior Contributor for Young Voices, explains what the future of 3D printing could mean for the gun industry.
Is it fair that CEOs get paid millions—even billions—while there are so many people still in poverty? Well, it depends! Watch the second entry in our question and answer series with Prof. Howie Baetjer.
Is human blood a “public resource”? Prof. Peter Jaworski argues that your bodily fluids belong to you, and governments should let you sell them.
How is Communism described in theory, and how does it play out in the real world? Join us for our question and answer series with Prof. Howie Baetjer.
Social justice advocates argue that it is “society’s” duty to eliminate pain and inequality wherever and whenever it exists. What is interesting is that I have never met Mr. Society.
We all want the safety and dependable quality that “regulation” is supposed to provide. Government can provide it to some extent, but markets can do it better, if we let them. Howard Baetjer of Towson University explains.