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 …
Tag: Employment
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 …
Dead Wrong® with Johan Norberg – Generational Injustice (VIDEO)
Generation X, and even more the Millennials, arrived too late. Our parents’ and grandparents’ generations took all the good jobs with high incomes. There’s nothing left for us. Dead Wrong®. Find out what has really happened to income over the years from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Dead Wrong® with Johan Norberg – Why the Rust Belt Rusted (VIDEO)
You elitists. You globalists. You have no sense of the human cost of your policies. Your free trade killed the American Rust Belt. Dead Wrong®. The collapse of manufacturing was an inside job. How so? Find out, with Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Dead Wrong® with Johan Norberg – Did China Take Our Jobs? (VIDEO)
The Chinese took our jobs. An oft quoted study claims that imports from China cost the US economy 2.4 million jobs in 12 years. They took our jobs and destroyed our economy. Dead Wrong®. The cycle of job loss and creation is easily explained here, with Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Dead Wrong™ with Johan Norberg – The Gig Economy (VIDEO)
Once upon a time we had secure, unionized jobs and employers who cared about our job satisfaction. Now, more of us have to take whatever we can get in the Gig Economy, lonely, exploited, and exhausted, and Dead Wrong. Independent workers say they’re actually happier than in a traditional job. Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains.
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Dead Wrong™ with Johan Norberg – Stagnant Middle Class (VIDEO)
The middle class is being squeezed. US wages have not increased since the 1970s. If we had just slowed down the pace of technological change, and exposed our companies to less global competition, we would all have benefited. 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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Dead Wrong™ with Johan Norberg – Globalization Hurts? (VIDEO)
Trade destroys jobs, and the losers vote against it. Whatever you think of Donald Trump, you have to admit that support for him shows there is something wrong with globalization. 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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