Episode 35 – Gary Becker (Podcast)

It’s impossible to predict the behaviors and actions of any one individual. So how can economists ever hope to understand the effects a shift in policy will have on the consumers within the economy? While individuals behave irrationally, groups give us more insight into understanding behavior and the impact those decisions will have on economics. For economist Gary Becker, one of those fundamental groups is family, “One of the things that families do is to care for their children, to invest in their children, to teach their children morals, skills, and other forms of behavior. Human capital deals with the …

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Dead Wrong® with Johan Norberg – Colonialism: The West & the Rest (VIDEO)

Racism is a western invention. Western colonialism is the defining experience in human history, and we enslaved more than anybody else. All those things we learned at university? They’re Dead Wrong®. Find out how large the slave trade actually was from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Dead Wrong® with Johan Norberg – Game of Thrones – The Real Message (VIDEO)

Let me guess, you’re still disappointed with the last season of Game of Thrones, aren’t you? You think it was rushed, full of plot holes, and betrayed George RR Martin’s vision and all the fans. Well, you are Dead Wrong®. Look past the shortcomings and get to the heart of the real message with Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Episode 34 – Julian Simon (Podcast)

With a human population larger than any point in history, we are consuming more natural resources than at any point in history. So, how can we ever expect to maintain this pace without running out of resources? As it turns out, the people who seriously sound these alarm bells are forgetting one thing. Throughout history, bigger problems have produced bigger solutions. Had those initial problems never arisen, neither would have the solutions. As noted scholar Julian Simon put it, “We need our problems. In some fundamental way we need bigger and better problems. That’s not to say we should run …

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Dead Wrong® with Johan Norberg – Did Tariffs Industrialize the U.S.? (VIDEO)

You silly free traders. You think protectionism is alien and strange. But it used to be the American way. U.S. industries once grew powerful because they were protected by high tariffs. Dead Wrong®. Find out what these tariffs did actually protect from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Episode 33 – Culture War (Podcast)

What is liberalism? What is conservatism? The divide between the two opposing ideologies has widened recently, but why? It may have to do with the two sides not only believing that they are right, but believing they have the duty to impose their views on the other half. We’ve moved from an era from which politics and religion were separate. Now, we are walking the border of politics becoming religion. Will that shift result in a culture war, or are we already there? As theologian Dr. Kenneth Craycraft Sr. puts political ideology in terms of religion, “The problem is that …

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Dead Wrong® with Johan Norberg – Oxfam Gets it Wrong Again (VIDEO)

Once again, Oxfam reports that inequality is increasing. Last year, the rich got richer, but the poorest half of the world got 11 percent poorer. Not for the first time, Oxfam is Dead Wrong®. One important stat was overlooked in this report…income. Find out why it plays such a crucial role with Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Episode 32 – Consumer Behavior (Podcast)

Humans are irrational beings. Choices differ from person to person, and even from lab experiments to the real world. So, with all that differentiation, how can economists expect to understand how market forces will impact the decisions that individuals make? It turns out that most individuals go about making decisions the same way, but the results of these decisions vary wildly. Nobel laureate Gary Becker attempts to explain how that process works, “To me, maximizing utility simply means the following: that consumers can order all the opportunities they have available to them…possible choices. They can order them so they prefer …

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Dead Wrong® with Johan Norberg – How to Fight a Trade War (VIDEO)

Now the trade war is upon us and the big boys are imposing tariffs. What’s a small country to do? Fight back. An eye for an eye, a tariff for a tariff. Dead Wrong®. If all of your friends jumped off a cliff, would you? Neither would Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg, in this episode.
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Episode 31 – High Cost of Bad Science (Podcast)

The vast majority of people agree that we should be doing what we can to help protect the environment, but are we doing it the right way? Regulations may be based in science, but they’re created by bureaucrats with only one singular focus. Whose job is it to look at the impact of these regulations on a larger scale? And is the situation being presented in a way to intentionally scare the public? Dr. Walter Williams would say so, as well as professor of environmental science Dr. Fred Singer, “We have in the federal government, agencies that look at things …

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