Archive for “Government & Policy”
8 min. SOPA on the Ropes?
30 min. Conservatism vs. Objectivism
11 min. The Great Depression and the Broken Window Fallacy
Yaron Brook discusses the economics of the Great Depression, with an explanation of the broken window fallacy, a common error in economics. This is excerpted from the Q&A at a lecture delivered by Dr. Brook on December 1, 2011, in Chicago, Illinois, titled “Why Bad Economics Won’t Go Away.”
11 min. The Final Four in South Carolina
75 min. Why Bad Economics Won’t Go Away
Why is it that people don’t seem to learn from experience? It is clear that our existing Keynesian economic policies have failed miserably. We can compare controlled economies with those less controlled, and compare more regulated sectors of our own economy with those sectors that have fewer regulations. Logic and history are on the side of those economists who have advocated for free markets. Why do those who advocate sound economic policies continue to fail in substantially rolling back government intervention in the economy? It would seem so easy.
In this talk, delivered on December 1, 2011, at Hyatt Regency Hotel in Chicago, Yaron Brook, executive director of the Ayn Rand Institute, identifies the reasons people find the free-market idea so difficult to accept and why statist policies seem to make so much sense to them. He identifies why we have been losing this intellectual battle, and provides real solutions on how to make significant headway toward ending these bad economic policies, allowing us to achieve more freedom and prosperity.
10 min. Life Before the Nanny State
Don Watkins discusses what would happen if the government left people to take responsibility for their own lives. (PJTV interview; January 16, 2012; 10 min.)
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