Main points on Monarchy vs Democracy: 1. Time preference 2. Security of property 3. War 4. Democracy has perverse selection 5. Democracy legitimates government 6. Kings don't owe anybody anything 7. Rise of civilizations under monarchy Relevant quote from Hoppe: "Traditional monarchies only resemble dictatorships superficially. Instead, dictatorships are a ... Show More
Mar 3
315. Principles of Economics Lecture 6: Capital
Sixth lecture of Principles of Economics explores capital as saved resources that lengthen production to raise productivity, showing how time preference governs saving and interest, why capital is costly and fragile (depreciation, risk, destruction), and how capital accumulation ... Show More
47m 27s
Feb 24
314. Principles of Economics Lecture 5: Property
Fifth lecture of Principles of Economics explains property as the only workable solution to the problem of scarcity, how ownership prevents conflict, the logic of self-ownership, and how secure property rights enable saving, capital formation, peaceful cooperation & civilizationa ... Show More
44m 40s
Feb 17
313. Principles of Economics Lecture 4: Labor
Fourth lecture of Principles of Economics explores labor as the sacrifice of leisure for future gain, explaining disutility, production and productivity, how wages reflect marginal output, why work never disappears, and how voluntary labor and capital raise the value of human tim ... Show More
47m 18s
Apr 2021
3. La démocratie athénienne
<p>À partir du VIe siècle avant Jésus-Christ, la cité grecque d’Athènes met en place une toute nouvelle organisation politique : la démocratie. Ce régime inédit qui donne le pouvoir aux citoyens, devient par la suite et malgré ses limites, un véritable modèle. </p>
<p>Comment les ... Show More
10m 42s
Sep 2021
Why Capitalism Isn't Without Democracy
We’re taking a week off as school starts back up, but we wanted to reshare this episode with you this week. For a show about economics, we talk about democracy a lot. But there’s an important reason for that. Without a strong democracy to build capitalism on top of, it’ll always ... Show More
25m 5s
Jan 2024
Is the world losing faith in democracy?
2024 will be the world’s biggest election year ever. From the United States to the UK, Taiwan to India, South Africa to Mexico, it’s estimated countries representing nearly half the world’s population will head to the polls in some form of election this year. But how much faith d ... Show More
48m 57s
Jan 2024
#53 Jason Brennan - The Case Against Democracy
<p>Jason Brennan is an American philosopher and business professo at the McDonough School of Business at Georgetown University.</p> <p>Brennan writes about democratic theory, the ethics of voting, competence and power, freedom, and the moral foundations of commercial society. (Wi ... Show More
57m 46s
Dec 2020
Free Market Capitalism
For much of its history, America is a country that has valued free markets, allowed people to pursue their interests, and created opportunity for anyone, without too much government intervention.
But now, as capitalism falters, and the rich move their money out of the country, v ... Show More
36m 1s
Feb 2023
Is democracy doomed? The global fight for our future | Timothy Snyder
If you think democracy is some kind of inevitable, default setting for the world, then you aren't going to have it for very long, says historian and author Timothy Snyder. From World War I to the Russian invasion of Ukraine, Snyder dives into the structures that uplift and tear d ... Show More
33m 16s
Feb 2024
Lisa Herzog, "Citizen Knowledge: Markets, Experts, and the Infrastructure of Democracy" (Oxford UP, 2023)
For better or worse, democracy and epistemology are intertwined. For one thing, politics is partly a matter of gathering, assessing, and applying information. And this can be done responsibly or incompetently. At least since Plato, a leading critique of democracy has focused on t ... Show More
1h 7m