Video: Who Created Money?

The Austrian School of economics offers us great insight to the question: who or what created money? Video Notes Carl Menger, founder of the Austrian School of economics, theorized how…

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Video: The Broken Window Fallacy

The broken window fallacy, introduced by Bastiat in 1850, can still be heard among some mainstream media. Video Notes This is my retelling of Bastiat’s parable of the broken window,…

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On Health Care and Insurance

 This excerpt on health care and insurance was originally published in, “Teaching Economics to Bernie Sanders.” Many Americans conflate health care and insurance, which are in fact two very different…

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Video: Monopoly in a Free Market?

In this video, I respond to the criticism of free markets that says without government intervention, companies will form monopolies and over-charge consumers. Video Notes A monopoly is a firm…

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The Myth of Minarchy

Is it possible to have a minimal state that truly conforms to principles of libertarianism such as self-ownership, non-aggression, and private property? Minarchy is a minimal state. Anarchy is no…

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