Episode 25 – Money (Podcast)

What is money? For thousands of years currency was tied to a commodity, if the commodity itself wasn’t actually exchanged. Today, that relationship has drastically been altered. Money, as a human institution, has evolved from having a real value to only having a perceived value. Milton Friedman traces it back to one specific date. “It’s seldom that you can date precisely when there’s a major change in a human institution let alone in a monetary institution. But you know it’s an interesting fact that you can date precisely a really drastic change in the character in the monetary system around …

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Dead Wrong® with Johan Norberg – Return of the 91% Tax Rate (VIDEO)

Let’s tax the rich more. It won’t hurt the economy. In the 1950’s, the top US federal income tax rate was 91%. People did not stop working and the economy was booming. We can do it again. Dead Wrong®. No “Green New Deal” can make those numbers work. Find out why from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Dead Wrong® with Johan Norberg – Tax Havens (VIDEO)

Massive leaks have revealed how the rich hide their money in tax havens. Therefore, they expose the greed and immorality at the heart of global capitalism. Dead Wrong®! In this short video clip, Free To Choose Media® Executive Editor and Cato Institute Senior Fellow Johan Norberg explains.
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Episode 23 – Monetary Revolutions (Podcast)

What effects did world events, such as world wars and depression, have on the economies of nations such as Germany, and the former Soviet Union? As hyperinflation raged, the real value of currency in these nations became a question mark. Countries today are still ravaged with the same problem. As revolutions erupt and regimes change, the effect on purchasing power is hard to ignore. How can the problems of “out of control” inflation be solved? As Milton Friedman describes the issue, “Country after country has seen its monetary system blow up in its face, and subsequently, it’s had to do …

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Dead Wrong® with Johan Norberg – Is the World Really on Fire? (VIDEO)

The terrible forest fires of 2018 reveal the unavoidable consequences of global warming. More forests are burning. The world is on fire. Dead Wrong®. Find out why that’s all just smoke and mirrors from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Episode 22 – International Movement of Wealth (Podcast)

Money, wealth, and capital can move around the world in mere seconds. Within any economic structure, capital is the building block of prosperity. With relatively new ease of access to resources, how has that changed our society? Developing nations no longer need to start from scratch, or wait long periods of time to meet demand for certain items. This has fundamentally changed what is considered capital along with the way our world and our governments function. Author and Professor Richard B. McKenzie puts it in these easy to understand terms, “The big difference is not so much the need for …

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Dead Wrong® with Johan Norberg – Atlas Still Carries the World (VIDEO)

Sixty years ago, Ayn Rand published the novel Atlas Shrugged. It’s an unrealistic, outdated tale of entrepreneurs as heroes and politicians as villains. Dead Wrong®. Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains why this novel is more relevant now than ever.
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Episode 21 – Why Economists Disagree (Podcast)

Despite general agreement on the academic theory behind economics, the implementation of those findings into society usually leads to disagreement. There are simply too many variables within a society to achieve a consensus. So with the unpredictable nature of individuals, how can economists even begin to predict the results of their theories? Milton Friedman reflects on his process, “What we insist on is that you’re not able to predict random, irrational behavior. And therefore, the only kind of behavior that you can hope to predict is behavior that has some regularity. One individual may behave any way at all. But …

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Episode 20 – Charles Murray (Podcast)

Welfare programs are often touted as the saving grace of those living in poverty. But, as with any governmental program there tends to be unintended consequences despite noble intentions. How have welfare programs changed the overall culture of those living in poverty? It’s a question that most people have never posed to themselves. Social scientist Charles Murray has researched that very question for years. He poses that these programs have changed the perception of those who have money and those who work hard. “One of the most tragic things that you encounter are the stories of the 16-year-old who goes …

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Dead Wrong® with Johan Norberg – Trade War: What is it Good For? (VIDEO)

“Trade wars are good and easy to win. When we are down $100 billion with a certain country, we just don’t trade anymore – we win big. It’s easy!” Oh boy that’s Dead Wrong®. Join Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg to find out why a trade war is good for… absolutely nothin’.
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