A Chronicle of Limitless Failures of Government | Martin Fridson

The Henry Hazlitt Memorial Lecture, presented by Martin Fridson, prolific author and well-respected financial professional. This lecture was recorded on 14 March 2008 at the Ludwig von Mises Institute's annual Austrian Scholars Conference.

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[Aristotle100]

Green Day doesn't speak anything of substance. Neither do 99% of any hollywood or entertainment douchebags. I happened to read somewhere that the lead singer of Green Day is libertarian, and I highly doubt he knows what libertarian means.

[Aristotle100]

the Libertarian party could be a more viable if they acknowledge the validity of the government's role in maintaining civil liberties, economic justice and fair competitive markets.

You obviously do not understand libertarian thought. If libertarians admitted this then they would not be libertarians. I would never admit this because it is false. O and btw electing sociologists and profs into office?? good lord then it would be 10 times worse. I attend college, profs are full of shit.

[Volomonoh]

does anyone know the name of the song in the beginning?

[manoman0]

Guys, you're doing one thing essentially wrong: You shouldn't be talking to people who basically agree to your ideas, you should be talking to people who have no idea about autrian economics.......in case you're not doing that already...

[nurbSoldier]

Wrong about government role. Except maybe civil liberties. But enforcing civil liberties for the government really just means stopping itself from disobeying the constitution.

"Economic justice" is a vague, opinionated, arbitrary, emotionalist statement. It means whatever the user of it wants it to mean. I am shocked that a self-described aristotlean would even use such a term. Such a term tends to be spewed by leftists.

[nurbSoldier]

The market is not planned chaos, it is unplanned order when it is free.

[shanklinmike]

Great stereotype...

[Aristotle100]

cute

[seditionape]

Your right! PANEM ET CIRCENSES... Libertarians are awesome dude. They really take good care of all them there learnin books in schools and such eh?

[spikesmth]

You're right about education... but Free Markets are a utopian dream, i.e. a good goal to aim for but far from a reality. Plus it does little to rectify the established wealth disparity, or the inherent human capacity for cruelty & unfairness. The markets don't or won't provide certain public goods. The roles of govt i mentioned in my 1st comment ought to be the ONLY roles (national defense & certain infrastructure included too). I'm not ready to unleash the market on the most vulnerable.

[Aristotle100]

Profs are not specialists in planning though. The market is "planned chaos." Organization of society did not come from the top down, it came from the bottom up. Libertarian philosophy is the philosophy of freedom, and I say freedom is very practical. What makes people think that these angels will come down and plan everything for us? Let the market work. Most profs. spout the pro-liberal big government agenda; because the schools are run by the state. The state has an interest in keeping power