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Libertarianism.org is the Cato Institute’s resource for exploring the theory, history, and practice of liberty. Taught by top professors and experts, Libertarianism.org Guides introduce the basic idea... more
FAQs about Libertarianism.org Guides:How many episodes does Libertarianism.org Guides have?The podcast currently has 64 episodes available.
May 15, 2017Foundational Concepts in Economics: 12: The Importance of Economic LibertyBaetjer illustrates the harmful effects of economic regulations and argues that we ought to instead prefer economic liberty....more34minPlay
May 15, 2017Foundational Concepts in Economics: 11: Free Market Incentives Foster Service to OthersBaetjer argues that the incentives inherent in market institutions outperform the incentives inherent in state institutions in getting people to properly consider the well-being of others when they act....more28minPlay
May 15, 2017Foundational Concepts in Economics: 10: Profit and Loss Guide Entrepreneurial DiscoveryThe trial-and-error based profit and loss mechanism, says Baetjer, is an indispensable tool for guiding discovery and innovation in the economy....more24minPlay
May 15, 2017Foundational Concepts in Economics: 9: The Problems with Price ControlsContinuing his discussion of prices, Baetjer explains what can go wrong when outside interference prevents genuine market prices from emerging....more22minPlay
May 15, 2017Foundational Concepts in Economics: 8: Prices Communicate Dispersed KnowledgePrices, explains Baetjer, are a powerful tool for getting people the knowledge they need to cooperate with one another in the market....more20minPlay
May 15, 2017Foundational Concepts in Economics: 7: Supply and Demand TogetherHaving discussed supply and demand separately, Baetjer explains how, together, they describe the way markets operate....more19minPlay
May 15, 2017Foundational Concepts in Economics: 6: SupplyBaetjer explains the “supply” half of “supply and demand.”...more15minPlay
May 15, 2017Foundational Concepts in Economics: 5: DemandBaetjer explains the “demand” half of “supply and demand.”...more20minPlay
May 15, 2017Foundational Concepts in Economics: 4: Comparative Advantage and Division of LaborBuilding on the concept of opportunity cost, Baetjer explains how specialization and trade make us richer....more30minPlay
May 15, 2017Foundational Concepts in Economics: 3: Marginal ThinkingAll economic behavior occurs through marginal thinking. The decisions of economic actors are “bit by bit” decisions, not all-or-nothing ones....more29minPlay
FAQs about Libertarianism.org Guides:How many episodes does Libertarianism.org Guides have?The podcast currently has 64 episodes available.