The Core of What Economics Teaches | Robert P. Murphy

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Uploaded by on Nov 25, 2009

Presented by Robert P. Murphy at the "Economics for High School Students" seminar. Recorded at the Mises Institute in Auburn, Alabama; 20 November 2009. Sponsored by Jeremy S. Davis.

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  • Free markets turn make the rich canabalize other rich via trade compeition. democracy, and a state allows rich to use the state to not only canabalize other rich competators, but also transfer the costs to consumers. The state and democracy are aberations of our social nature. The more we depart from the model of free voluntary transactions and property ownership the more exploitation we will experience.

  • "Somewhere in the world, there is the worst economist in the world; and he is seeing Obama tomorrow." GOLDEN

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  • 24:35

    Perpetual motion machines LOL

  • Hmm i think hes talking about Paul Krugman at 9:00.

  • @TheObjectiveReality I think so. /watch?v=m-LJ3wZjD4I

  • Is that Tom Woods in the front on the left? lol

  • @realisoph You're very loony if you think any of your examples are some kind of valid indictment of free-markets.

  • 24:38...hilarious

  • It's an illness.

  • One guys just took up the whole comments page. He must be saying very important stuff...

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