Why is it so difficult for young people to find jobs today? Professor Carrie Kerekes offers three reasons. 1. Mismatch of skills: Many young people may lack the skills employers desire or require. They may have college degrees but not in fields where jobs are available. Government may help subsidize college costs, but getting a […]
Learn liberty! Learn the ideas and the movement behind a better society, a free one.
The United States abandoned the gold standard completely in 1974. Professor Lawrence H. White discusses what the gold standard was, why it was abandoned, and whether abandoning it was a good idea. The gold standard meant that currency could be redeemed by banks for gold. The dollar had a set value that it retained. If […]
What can we learn about markets from a WWII POW camp? According to British economist R. A. Radford, POWs found that rather than give away unwanted rations to other POWs, “goodwill developed into trading as a more equitable means of maximizing individual satisfaction.” Professor Michael C. Munger explores what makes exchange more equitable than simply […]
Many people have been talking about job creation lately, especially politicians. But is government the best creator of jobs? And is job creation the best thing for the economy? Professor Steve Horwitz explains that there is a difference between creating jobs and creating wealth. It would be easy to create millions of jobs overnight. For […]
Harvard Lecture On Libertarianism – Liberty Crier. Part 1 Part 2
Over at LewRockwell.com a writer discusses Chapter 15, A Strategy For Liberty, in Murray Rothbard’s For A New Liberty, the entire audiobook can be listened to here. The title of this post is taken from chapter 15 of Murray Rothbard’s “For a New Liberty: The Libertarian Manifesto.” Throughout the book, Rothbard has laid out the case […]