Today’s Free To Choose Media podcast episode features a conversation with former Secretary of State George P. Shultz. Shultz speaks with University of Chicago Law Professor Kenneth Dam and talks about his long and varied career in academia, government and business. During the discussion they expand upon Shultz’s views on terrorism, negotiation, Israel/Palestine, and the connection between open political systems and open economic systems. This personal talk dives further into Shultz’s experiences with the Reagan administration and what has transpired since his time as Secretary of State. Originally Recorded: 2006
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The lines between science fiction and science fact are beginning to become strangely blurred. Technology is rapidly catching up to the stuff of imagination seen in movies. Could the confirmation of life on another planet be next? That question, and the research into it, have moved more into the mainstream over the years. Have we even invested the correct technology to connect with another civilization? What would happen if we ever did make contact? Nobel laureate, Dr. Charles Townes lays out the effect a first contact could have on humanity, “This is the thing that many people argue that well …
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Episode 43 – Self-Interest (Podcast)
Individuals act on self-interest. No, that doesn’t mean that people are only motivated by selfish materialism. It comes down to an understanding that actions made today will have consequences tomorrow. Those decisions drive our economy. They are based on the best choices someone can make today, which will provide the best future for themselves and their loved ones. So where do charity and altruism fit into that economic worldview? Nobel laureate Dr. Gary Becker says they play into each other more than people think, but an important distinction should be made, “Even a bunch of selfish individuals, under appropriate circumstances, …