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Mainstream economists see "monopoly power" everywhere -- even when a breakfast cereal company differentiates its product via advertising. It's crazy. In today's episode we discuss the mainstream view of monopoly, as well as so-called perfect competition and monopolistic competition. You'll be begging for some Mises and Rothbard by the time we're done.
I respond to the perennial claim of the neoconservatives that people who impose imperial adventures must be left-liberals. This is a fun one.
Today's episode consists of the remarks I recently delivered at the Mises Institute's Mises University summer program.
When the most radical of the French revolutionaries attempted the total transformation of society, the result was mass murder. I tell the grim story in today's episode. It's taken from my Western Civilization from 1493 course for the Ron Paul Curriculum.
We know early Christians avoided service in the Roman army, but was that because of its pagan religious overtones or out of a moral opposition to violence and bloodshed -- or both? And what happened to make military service acceptable for Christians centuries later? I explore these and other important questions with Professor George Kalantzis.
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