by Jorge Besada
Introduction, in four short videos, that helps show how individual freedom and privatization are the keys to a prosperous social order regardless of what our intuition and fears might have us believe. Introduces viewers to "the market process" and how this economic process is what creates a prosperous social order and how government bureaucracies and regulations do great damage to society. The concepts mentioned here are discussed in more detail in my book "Economics, the Social Order, and the Ron Paul Revolution."CONTENTS
1. Wealth, Production, Action, Value, Trade. This video begins the introduction to economics and explain basic building blocks like the nature of wealth, society's continuous cycle of production and consumption, human action, value and trade. The concepts mentioned here are discussed in more detail in my book "Economics, the Social Order, and the Ron Paul Revolution" which can be purchased from amazon.com here:
2. Economic Growth = Prosperity; Competition. This video provides an example that shows how the concepts of production, consumption, human action, value and trade all work together to shape the social order. Then it shows how we should be concerned about economic growth and realize that as the economic pie grows everyone will inevitably get a bigger slice of prosperity. Finally it introduces the concept of economic competition.
3. The Interest Rate and Savings. This video discusses the role that the interest rate and savings play in the economy.
4. Government Bureaucracies and Regulation. This video discusses the inherent inefficiencies in government as well as the disastrous effects of government regulation. Special attention is paid to the health care sector's Food and Drug Administration and American Medical Association.
Video Playlist
AUDIO
"What Has Government Done to Our Money" by Murray Rothbard, as read by Jeff Riggenbach.
