Government regulation is a force that influences nearly every aspect of our daily lives. The intentions are usually well-meaning. They are created to fix a problem or a perceived market failure. The problem that we run into time and time again is that the fixes usually create another problem, while only putting a temporary patch over the initial problem. The response is usually another patch with the same result. In the words of Nobel laureate George Stigler, “The trouble is that normally the way (advocates) want to solve the problem is to create either a new agency, or a new …
Our ancestors produced everything they needed themselves. Whereas we consume things we don’t even understand how they’re created. Division of labor has resulted in an absurd alienated world. Wouldn’t self-sufficiency be more natural? Dead wrong. Free To Choose Media® Executive Editor and Cato Institute Senior Fellow Johan Norberg explains that without free trade, you’d more than likely starve before you could even make a sandwich.
Click here to sign up for email notifications of the next Dead Wrong®!
To watch more Dead Wrong® videos, click here.
Dead Wrong® videos now on Roku. Locate our channel here.
Free trade if for the rich and the big corporations. To help the poor we have to rid ourselves of our free trade dogmas. Read my lips. That is Dead Wrong. Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains why open markets, in reality, increase the purchasing power of the poor and middle class.
Click here to sign up for email notifications of the next Dead Wrong™!
To watch more Dead Wrong™ videos, click here.