Episode 19 – Healthcare Reform (Podcast)

Reforming healthcare is something that only gets more complicated with time. Rising costs, increased government involvement, and complex insurance policies only compound the problem further. These are problems that have been going on for decades with no clear resolution. But, what about looking at healthcare from an economic standpoint? Can market forces solve the problem? Noted economists Milton Friedman and Alain Enthoven once sat down to discuss exactly that. The start of the problem, they found, came when employers became primarily responsible for providing healthcare. What started off as government price controls has evolved into the system we have today …

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Dead Wrong® with Johan Norberg – The Wall They Already Built (VIDEO)

We need a big beautiful wall to protect American communities and stop immigrants from taking advantage of the US economy. Dead Wrong®. Just like with most big government projects, the thinking behind this leaves something to be desired. Find out why from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Episode 18 – James Buchanan (Podcast)

What is the most basic unit of our society which our values and norms are built around? For James Buchanan, that unit is the individual. It was his view that individual liberty should be the fundamental building block of a society. Laws and systems should be built around the protection of those individual rights in an effort to preserve liberty. His research and ideas won him a Nobel Prize in 1986, but underwent a transformation over the years. “I didn’t understand- had no understanding at all- of how the economy works or how the market works. I’ve often referred to …

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Episode 17 – Perspectives on Judicial Activism (Podcast)

The court system of the United States is supposed to protect and uphold the Constitution, regardless of personal beliefs. Increasingly, over the past few decades more and more rulings seem to fall on the side of those individual beliefs, rather than what is written under law. This type of judicial activism is in direct conflict with what the court system is meant to be. Our government is founded on a system of checks and balances, but when a court has the final decision, who holds them in check? After decades on the bench, Former Solicitor General of the United States, …

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Episode 16 – Walter Williams (Podcast)

Join American economist and columnist Walter Williams as he discusses what influenced his unique, and often controversial, perspectives on economics. Williams is a unique thinker. Despite being African American he opposes the minimum wage, affirmative action, and believes the welfare state has done far more harm than good for those living in poverty. Although those views are major parts of his philosophy now, he didn’t always hold those views. As Walter Williams says about one of those revelations, “I thought that the minimum wage like many, many other Americans who have not really thought about it, was a really good …

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Dead Wrong® with Johan Norberg – Rent Control in the City (VIDEO)

I want to live in the city. You want to live in the city, but there are too few apartments. We need rent control to make it affordable for everyone, not just the richest. Nope, that’s Dead Wrong®. The facts to support rent control are scarce, just like apartments in controlled areas. Find out why from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Episode 15 – Milton Friedman Speaks – The Future of Our Society (Podcast)

We live under government domination of the market economy. We have come a long way from a truly free economy. Consider the number of markets to which new firms do not have free access. Consider the erosion of expression for business people. Consider the plethora of government regulations American business must contend with. Can these trends be reversed? It is harder to repeal laws than pass them. Private business is unfortunately shortsighted when it turns to politics. But count among the favorable signs the very inefficiency of government—and the American public’s growing recognition of this fact. Business can do relatively …

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Episode 14 – Milton Friedman Speaks – Equality and Freedom in the Free Enterprise System (Podcast)

If the government has the power and responsibility to promote equality of income, then how do we define the concept of equality? Jefferson, in his Declaration of Independence, meant equality before the law, a concept necessary precisely because people are not equal in tastes, values, or capacities. Later, equality came to mean equality of opportunity—the chance to run a fair race. Within a free market system, both definitions are consistent with other values: Efficiency, justice, and liberty. More recently, equality has come to mean equality of outcome. Equality of outcome cannot be mandated, cannot be insured. Any serious attempt to …

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Episode 13 – Milton Friedman Speaks – Who Protects the Worker? (Podcast)

Unions offer protection to workers in some situations, but union membership represents only one fifth of the American labor force. And while some unions do benefit their members, it is generally at the expense of competing workers and frequently at the expense of the consumer. Government? Government provides some protection, but its efforts are minor. Some workers with only one possible employer—or with no possible employer— enjoy very little protection. The right answer to the question “Who protects the worker?” is that the worker is protected by employers; by the existence of other employers who can and will compete for …

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Dead Wrong® with Johan Norberg – Does Tech Contribute to GDP? (VIDEO)

The information sector is growing relentlessly, especially its profits. But, its share of U.S. GDP has actually declined over the past 10 years. You’d be forgiven for thinking that this sector doesn’t contribute anything to wealth or productivity. You would be Dead Wrong®. Find out why cost and value are two completely different things from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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