In this wide-ranging conversation, former Secretary of State George P. Shultz and Economist David Friedman discuss the ways in which the world – especially the world of ideas – has changed over Shultz’s lifetime. This discussion dives into the ways in which peoples’ understanding of concepts like socialism are not what they were in the Cold War era. Using personal experiences, the two discuss the changing perceptions in the world about property rights, the role of government and even marriage. Originally Recorded: 2006
Tag: Socialism
Dead Wrong® with Johan Norberg – Democratic Socialism (VIDEO)
Jeremy Corbyn of the British Labour party wants a new kind of Democratic Socialism, with majority decisions controlling local communities, services and workplaces. Isn’t that neat? People power and democratic harmony. Dead Wrong®. Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg discusses how those very ideals are tearing apart the group attempting to implement them.
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Dead Wrong® with Johan Norberg – Sweden: Socialism or Free Markets? (VIDEO)
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”.
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Episode 29 – Privatization Trends (Podcast)
When the Soviet Union collapsed, countries in the Eastern Bloc were faced with a huge challenge. They needed to take their socialist societies and convert them into capitalist ones. How did they change a country where most property was state-owned into something that was based on private property? Each country handled it differently and the results are not surprising. Despite these challenges in the early 90’s, Milton Friedman remained optimistic, “The hopeful thing about this is that the inefficiency of the former system is so great that the new system can make great progress even though they have very inefficient …
Dead Wrong® with Johan Norberg – Why Venezuela Collapsed (VIDEO)
Don’t blame socialism for Venezuela’s horrors. It’s just that the oil price collapsed, so obviously an oil dependent country couldn’t afford imports and all that spending. Dead Wrong®. Collapse is a strong word, as a matter of fact it’s not even the correct word. Find out why from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Episode 27 – Morality of the Free Market (Podcast)
Critics of the free market system often point out that it is an unfair system due to it leaving some with wealth at the expense of oppressing others. What those critics often ignore is that exchanges in this economic structure are voluntary. Each side comes out of the interaction with their desired result. Since the seller is amassing wealth by helping others get the goods and services they need, isn’t that more moral than proposed socialist solutions? When it comes to the relationship between morals and economics, Dr. Walter Williams has this to say, “Unless you believe that there’s a …
Episode 3 – Milton Friedman Speaks – Is Capitalism Humane? (Podcast)
Is Capitalism humane? According to Milton Friedman, the question is irrelevant. Capitalism per se is not humane or inhumane; nor is Socialism. If we compare the two in terms of results, it is clear that only capitalism fosters equality and works toward social justice. The one is based on the principle of voluntary cooperation and free exchange, the other on force of position and power. In a free economy, it is hard to do good. You either have to use your own hard-earned money to do it or work hard to persuade others to your course. But by the same …
Sweden: Lessons for America? – Full Video Released
Sweden: Lessons for America? – full video has been released on YouTube, Roku, Amazon Prime and FreeToChoose.TV. To learn more about this program or explore our interactive timelines, click here.
Sweden: Lessons for America? – Screening hosted by Young Americans for Liberty followed by Q/A with Johan Norberg
Sweden: Lessons for America? – Screening hosted by Young Americans for Liberty followed by Q/A with Johan Norberg It’s been suggested that Americans would be better off if the United States was more like Sweden. Do the Swedes know something that we don’t? Sweden: Lessons for America? A Personal Exploration by Johan Norberg delves into the economic and social landscape of the Swedish scholar’s homeland. Join him to see that the lessons to be learned from Sweden may not be the ones you expect. The one-hour documentary follows Norberg on a journey through the history of Sweden’s economic rise, …
Sweden: Lessons for America? – Livestreaming from Cato Institute Event
Sweden is a remarkably successful country. A poor peasant nation in the 1850s, it became one of the world’s richest countries a century later. It ranks among the world’s freest developed nations. Should the United States be more like Sweden? Tune in LIVE for this Cato Institute Screening Event followed by Q/A with Johan Norberg. You can join the conversation on Twitter using #SwedenLessons4America.