Economic Freedom (Show 087)
For this holiday weekend, Mosley hosts the show and discusses the issue of economic freedom in the context of today’s economic situation, with special focus on the auto industry.
Topic include: government bailout of the auto industry; the expression “too big to fail”; “are we all socialists now?” and the socialist trend in America; “bailout” and “aid” as buzzwords; learn from mistakes, don’t appease them; the role of unions; the industrial revolution; connection between economic and political freedom; separation between state and economics; legalization of drugs, prostitution, etc.; possible topic for next show: is man inherently good?
On the issue of being “too big to bail,” feel free to check out Alex Epstein’s article Too Big to Bail. Also related to the show, you can check out Yaron Brook’s article Are We All Socialists Now?.
December 3rd, 2008 at 2:37 pm
For me, there has been one benefit to the wave of demands for bailouts. I have come to see that
Laissez Faire!
subsumes
Laissez faillir!
Let them fail!
P. S. — My French is primitive, so please correct me if I have used the terms improperly.