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 …
Recently, the president has said that we need to limit violence in our society including “the gruesome and grisly video games that are now commonplace”. These games are apparently a part of the problem that led to the attacks that killed and injured several people. But what is the role of government in all this? Is its role to regulate video games that a government official deems violent? Is this what needs to be discussed? Decide what’s important once you hear Johan Norberg break down the stats.
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Sweden? A bunch of socialists. It’s like Cuba, without the sun. We hate it, or love it if we’re leftists. But both the Left and the Right abroad are Dead Wrong® about Sweden. Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg sets the record straight on the Nordic “socialist paradise”.
A recent study says that insects are heading for global extinction in just a few decades. And because of their importance to agriculture, this will result in the collapse of food production. 𝘿𝙚𝙖𝙙 𝙒𝙧𝙤𝙣𝙜®. Turns out this study doesn’t have a leg (let alone 6) to stand on. Find out why from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
Trade wars are a winning strategy, because no matter what happens, China is paying us billions in tariffs! The Treasury is collecting “tremendous amounts of money, which is great for our country.” Dead Wrong®. The cost of tariffs comes out of our pocket. So how much did we pay in 2018? Find out from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
The Chinese tech company Huawei has been blocked from doing business with U.S. companies. At last, America strikes back. A severe blow against China’s attempts to dominate tech. Dead Wrong®. Is this the end of the issue, or the start of another Cold War? Find out from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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.
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.
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.
Take it from the political consultants: If you want more voters, don’t just stand there, move to where all the voters are. Simple….and Dead Wrong®. As far as voters go, there’s only one thing worse than being on the other side of an issue; being unreliable. See why with Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.