Westworld is first and foremost a depiction of the corrosive nature of total power — an illustration of Lord Acton’s quote that “absolute power corrupts absolutely” — as seen through the character of Dr. Robert Ford.
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. […]