International trade and airline deregulation. It will be nice, they said. But do you know who else found it nice? The Coronavirus. Globalization now threatens our very lives. Dead Wrong®.
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Classical liberals are obviously only concerned about individuals…right? Many people think so. But if you asked a classical liberal, the story would be dramatically different. In fact, the very theories developed by classical liberals were based on recognizing that humans are extremely social creatures. So how does this myth still exist, and why was it created?
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Intellectual property. It’s one of the most important things to protect. And when an international power like China is producing products that are seemingly stolen from abroad, we feel the need to protect ourselves with tariffs. Johan Norberg explains that this has happened all throughout history with many countries including the United States. What we know for sure is that the trade war doesn’t protect us, it hurts us. But is it possible that our best protection could be our current trade enemy?
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When Mexico sends its people, they’re not sending their best. They’re sending people that have lots of problems. They’re bringing drugs. They’re bringing crime. They’re rapists.” 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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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, …
Free trade is being forced upon us by the elite. People don’t want it and its more unpopular now than ever before. Breathe a sigh of relief because that’s Dead Wrong®. Look past the loud, boisterous minority and get to the facts with Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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What is the legitimate role of government in a free society? Most agree that there is one, albeit small. The Constitution lays out these roles, but they are ignored and trampled on year after year. Laws are passed, programs are implemented, and taxes are collected all in the name of progress. Yet most conflict directly with the liberties granted and restrictions imposed by the Constitution. The problem is not going away and seems to be getting worse. History is on our side. When governments have overstepped, the results have not been kind. Dr. Walter Williams puts these concerns in an …
Is there a more market-based approach to government? Regardless of the outcome of elections, there seems to be a growing number of Americans who are dissatisfied with the result no matter which party is in control. Congressional control flips at a rate you can nearly set your watch to. What are Americans looking for? They’re looking for another way. They’re looking for a solution that the two-party system cannot provide; a choice of candidates that doesn’t force them to sacrifice a portion of their principles. Former CATO President, Ed Crane sums it up, “In my view, there’s a huge disenfranchised …
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 …
With a human population larger than any point in history, we are consuming more natural resources than at any point in history. So, how can we ever expect to maintain this pace without running out of resources? As it turns out, the people who seriously sound these alarm bells are forgetting one thing. Throughout history, bigger problems have produced bigger solutions. Had those initial problems never arisen, neither would have the solutions. As noted scholar Julian Simon put it, “We need our problems. In some fundamental way we need bigger and better problems. That’s not to say we should run …
