If businesses get government subsidies to make their products cheaper, or “capture” regulation to hurt their competitors, that’s rent seeking.
Did you know that one time in a meeting of economists in 1947 Mises shouted at Milton Friedman, among others, that they were socialists? Check it out in the clip below. What do you think? Tell us in the comments. Be sure to check out “Commanding Heights”, the documentary this clip is excerpted from.
This week, another round of fast food protests occurred in major cities nationwide. The protests are part of the broader “Fight for $15” movement that seeks to more than double the existing federal minimum wage to $15 an hour. While such a policy sounds like it could help low-wage employees, it would actually end up […]
Part one introduced professor Deirdre McCloskey, a transgender University of Illinois economics professor, who explains her gender transition and highlights the educational aspects of the transitional experience. Part two below explores how best to reduce (often state sanctioned) violence against and secure the rights of the transgender community. McCloskey explains that while better laws and […]
Every year, thousands of student leaders from around the world descend on Washington, D.C. to discuss and debate strategies for creating a freer future. This year ISFLC2016 is the weekend of February 26th. Mark your calendars! This is a great opportunity for students passionate about the ideas of liberty. Whether you’re a student looking to […]
Senator Bernie Sanders isn’t the only one saying it—today you can’t go very long without hearing about how “the rich are getting richer while the poor are getting poorer.” But is that really true? Chelsea German over at HumanProgress.org says “no”: “Senator Sanders is half right: the rich are getting richer. However, his assertion that […]
Being equal in the eyes of the law is something most if not all can agree on, but do you think governments should strive to assure at least a minimum level of equality in certain aspects of life? For example, everyone should have free drinking water, basic health care or some other necessity? Professor Aeon […]
For more from Hayek on what he and fellow Austrian economists referred to as the knowledge problem be sure to check out Hayek’s seminal essay, “The Use of Knowledge in Society.”
Can you imagine which country would imprison more of its citizens than China or Russia? If you’re an American, you’re living in it. In fact, more people are in prisons in the United States than in all other developed countries combined. In this program, we’ll show you how the criminal justice system is becoming an […]
Learn Liberty recently released a video titled “What if There Were No Prices? Railroad Thought Experiment” with Professor Howard Baetjer of Towson University. The video argues that market prices communicate the value of goods and services in the economy so that those goods and services are allocated to their most productive (and value generating!) uses. […]
One of the most valuable economic insights is that human creativity is The Ultimate Resource. (The great economist Julian Simon wrote a book by that name.) It follows that as long as we are free to use our creativity, we don’t have to worry about running out of resources. Truly, human creativity makes resources of […]
This piece by Christopher Freiman originally appeared in Bleeding Heart Libertarians on October 28th, 2015. Read an excerpt below but be sure to head over to BHL to read the whole thing. Patrick Lynch wrote an interesting and provocative piece the other day arguing that immigration restrictions are consistent with libertarianism. An earlier post of […]
Did you know Frederick Douglass took his name from the hero of Sir Walter Scott’s epic poem, The Lady of the Lake, the leader of the Scottish clan Douglas? Born Frederick Augustus Washington Bailey, Frederick changed his last name to Johnson to avoid being discovered and returned to slavery, then later changed his last name […]
With Caitlyn Jenner dominating headlines and actress Laverne Cox’s pivotal rise, now is the perfect time to address gender freedom and its role in a free society. With that in mind, Learn Liberty is introducing a new three-part video series called Trans Talks, which explores transgender rights and features University of Illinois professor and transgender […]
Today is Veterans Day, which honors all who have served in the U.S. Armed Forces and the sacrifices they have made. But one aspect of Veterans Day that is often overlooked is its celebration of nonviolence. According to the text of the 1938 Congressional Act making the day a legal holiday, it is “a day […]
This post by Kevin Boyd originally appeared on R Street on October 19th, 2015. Below is an excerpt. Bitcoin and other cryptocurrencies have grown in influence and usage the past few years. People looking for an alternative to government-issued fiat currencies, or who simply don’t trust having their spending tracked by banks, have flocked to them. Bitcoin […]
Our parent organization, the Institute for Humane Studies, brings the ideas of liberty to students in more ways than just online education like on Learn Liberty. They also provide funding, career advice, and more to help educate students about the principles of a free society. And now, IHS is coming to your neighborhood with On-Campus events! […]
Do you agree with F.A. Harper’s assessment? Can you think of any historical examples?
In this video Professor Deirdre McCloskey explains how property rights and economic freedom has resulted in a dramatic explosion in overall wealth. Why then do you think free markets and capitalist are derided so much in society? Let us know what you think in the comments!
If you want to get the full picture of the topic of income equality check out this Learn Liberty On Demand program. We’ve pulled together a list of mind-blowing videos, featuring professors like Sean Mulholland, Steve Horwitz and others who explore the subject from many perspectives. We’ve made sure that each video builds on what […]
In September, 2014, Governor Jerry Brown signed Senate Bill 967 in to law, requiring colleges in California to adopt certain policies dealing with campus sexual assault in order to maintain their eligibility for state funding. One of the most controversial requirements of the bill was a mandate that campuses adopt a policy of “affirmative consent” […]
Last month’s record flooding in South Carolina brought renewed crackdowns on price gouging. But higher prices simply convey information – in this case that consumers should conserve and producers should produce. In this way, prices allow the shortages that occur in natural disasters to be alleviated. In the new Learn Liberty video below, Towson University […]
Some countries heavily subsidize companies within their own borders. Does this justify equally large subsidies in America? How else can companies compete internationally if they do not receive government funds, but their rivals do? Let us know what you think in the comments!
Did you know that Milton Friedman won the Nobel Memorial Prize in Economics in 1976?
Yesterday was Election Day and many exit polls reported historically low voter turnout. This follows a trend of low-voter turnout in recent elections. In 2014, for instance, voter turnout was the lowest since World War Two. In the video below, Georgetown economist Jason Brennan explores whether citizens should be forced to vote in order to […]