Tag: consumerism
Why we should celebrate capitalism and consumerism, at Christmas and all year
December 7, 2023 | Post
Last Christmas, Pope Francis criticized holiday consumerism, saying that ours is “a society often intoxicated by consumerism … wealth and extravagance.”
To understand why this sort of critique is mistaken, and why consumerism and capitalism deserve our love at Christmastime and throughout the year, we need to go back to basics.
Why you’re just as greedy as a corporate CEO
August 7, 2017 | Post
It’s silly to think businesses and CEOs are evil and greedy, but ordinary customers are helpless victims.
On Artificial Intelligence, the Knowledge Problem, and Consumerism
November 15, 2015 | Post
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. […]