Posts Tagged ‘value’

2010 New Hampshire Liberty Forum hosted by the Free State Project: Consequentialist anarchist Professor Prof. David Friedman, author of most notably The Machinery of Freedom, discusses market failure—the real meanings of the commonly misunderstood terms ‘market failure’, ‘public goods’ and ‘externality’; why representative democracy ‘doesn’t work’ and ‘rational ignorance’ toward electoral politics is advantageous; the necessity of property rights for long-term planning and why it’s irrational for politicians to plan for the long-term; ‘market failure’ analysis in our daily lives.

Part One (10:15):

(more…)

A Nov. ’01 lecture by libertarian socialist and market abolitionist Michael Albert, co-author of Parecon: Life After Capitalism, on the rational anarchist alternative to capitalism. (more…)

Dr. Murray N. Rothbard on the core tenets of Austrian economics, refuting the irrationality of Marxism, the Labor Theory of Value, and Keynesian intervention from the State. (more…)