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Milton Friedman - Regulation and the Free Market
 
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Milton Friedman makes the case that free market arraignments are routinely superior to those imposed by government. http://www.LibertyPen.com
Views: 4800 LibertyPen
Adam Smith on Free Markets and Regulation
 
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In the video David discusses the lessons learned about Adam Smith's approach to capitalism. Some of the subjects Dave discusses include: Self Interest Protect the Commons Role of Government Law, Rules and Regulations Shape the Economy to Achieve Common Goals Mass Production, Specialization, Productivity "Kill the Beast" Not a Hand Out but a Helping Hand Tea Party and Laissez faire
Views: 378 Bruderly 4 Congress
Free Market Regulation
 
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A lot people assume Libertarians are just anti rules and governance. Rules and governance are a vital good to society and in that deserve a market to help innovate and manage their cost. In this video I discuss only a few of the infinite possible ways rules and governance develop in a free market setting. Subscribe at YouTube.com/Alexmerced Follow at twitter.com/AlexMerced and Instagram.com/AlexMerced Find everything else at AlexMerced.com and go to LIBERTYDEAL.info to find ways to support my projects
Views: 48 Alex Merced
💱 Price System | Free Market vs. Government Intervention
 
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Price system - free market vs. government intervention. What happens when the government interferes with the price system. Effects of maximum and minimum price. Learn Austrian Economics in a fun way! LINKS SUPPORT our project: http://bit.ly/2fgJR9e Visit our website: http://econclips.com/ Like our Facebook page: http://bit.ly/1XoU4QV Subscribe to our YouTube channel: http://bit.ly/1PrEhxG ★★★★★★★★★★★★★★★★★★★★★★★★★★ Music on CC license: Kevin MacLeod: Home Base Groove – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/...) Źródło: http://incompetech.com/music/royalty-... Wykonawca: http://incompetech.com/ Kevin MacLeod: Aretes – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/...) Źródło: http://incompetech.com/music/royalty-... Wykonawca: http://incompetech.com/ ★★★★★★★★★★★★★★★★★★★★★★★★★★ Econ Clips is an economic blog. Our objetive is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, money, investing, monetary systems, financial markets, financial institutions, cental banks and so on. With us You can learn how to acquire wealth and make good financial decisions. How to be better at managing your personal finance. How to avoid a Ponzi Scheme and other financial frauds or fall into a credit trap. If You want to know how the economy really works, how to understand and protect yourself from inflation or economic collapse - join us on econclips.com. Learn Austrian Economics in a fun way!
Views: 6373 EconClips
Market Economy: Crash Course Government and Politics #46
 
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Today, we’re going to take a look at how the government plays a role in the economy. Specifically, the way the government creates and maintains our market economic system. Now sure, the government’s role in the economy can be controversial, some may even say completely unnecessary. But there are some deficiencies in a free market, and we’re going to look at those, and the tools the government uses to combat those issues in maintaining a healthy and stable economy. Produced in collaboration with PBS Digital Studios: http://youtube.com/pbsdigitalstudios Support is provided by Voqal: http://www.voqal.org All attributed images are licensed under Creative Commons by Attribution 4.0 https://creativecommons.org/licenses/... Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashC... Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 263075 CrashCourse
Milton Friedman - Regulation In A Free Society
 
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Professor Friedman explains the proper role of regulation in a free market. http://www.LibertyPen
Views: 29932 LibertyPen
The Myth of the Free Market: Money, Interest and Power!
 
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A video to send to those who think the free market produced all the recent economic catastrophes... ...and happy new year to all my listeners and subscribers, thanks so much for all your support of Freedomain Radio! :) Http://www.freedomainradio.com
Views: 26705 Stefan Molyneux
Government Regulation: Crash Course Government and Politics #47
 
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Today, we’re going to wrap up our discussion of economic policy by looking at government regulation. We're going to talk about the government's goals for the U.S. economy and the policies it employs to achieve those goals. Ever since the New Deal, we've seen an increased role of the government within the economy - even with the deregulation initiatives of President Carter and Reagan in the 80's. Now this is all pretty controversial and we're going to talk about it, as this is a long way from the federal government handed down by the framers of the constitution. Produced in collaboration with PBS Digital Studios: http://youtube.com/pbsdigitalstudios Support is provided by Voqal: http://www.voqal.org All attributed images are licensed under Creative Commons by Attribution 4.0 https://creativecommons.org/licenses/... Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 185124 CrashCourse
Free Market VS Regulation
 
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Free Market VS Regulation
Views: 60 Aaron Talmage
Free Market Regulation
 
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John Spiers, author of How Small Business Trades Worldwide (available on amazon.com), speaks in New York on free market regulation.
Views: 492 JohnSpiers2008
Can the Government Run the Economy?
 
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With the smartest experts and the best economists, could the federal government run the U.S. economy? Could it keep America's $17 trillion economy going like a well-oiled machine? Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, explains why no one person or group can "run" the economy, and why any attempt to do so can only make things worse. Donate today to PragerU! http://l.prageru.com/2ylo1Yt Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: Is our economy a machine, like an automobile, a train or a power plant? One constantly hears phrases such as the economy “is overheating” or “needs to cool off” or “could use some stimulus.” These aren’t harmless metaphors. They epitomize how economists have taught us to see an economy—as something that can be manipulated, guided or driven. And guess who does the driving? The government. The government is supposed to make sure that the economy “hums” along at an even speed, going neither too fast nor too slow. But the economy is not a machine. It is made up of people, and no one can control what billions of them are going to do. What gets overlooked, underplayed or simply ignored is the extraordinary “churn” in the activities of a free market. New businesses open while others close, constantly. In the U.S. during normal times a half-million or more jobs are created each week, while another half-million are cut. Entrepreneurs continually roll out new products and services, most of which flop. But those that succeed can greatly improve our quality of life. What government can and should do is to positively influence the environment in which this hum of activity takes place through sensible taxation, monetary policy, government spending and regulation. And in almost all instances the best prescription for economic health is “less is more.” Catastrophic mistakes by governments can poison the marketplace, as happened during the Great Depression in the 1930s, to a lesser extent in the 1970s, and then again in the panic of 2008–09. The government’s recent mistakes have been compounded by tax increases and an avalanche of antigrowth regulations from ObamaCare, the Dodd-Frank financial services bill and all those Washington regulatory agencies, such as the FCC, the EPA and the National Labor Relations Board. If you want to understand why the American economy has been growing at the anemic pace of 1 to 2 percent a year, look no further. Again, the idea of an economy that purrs along like a well-oiled machine hurts, not enhances, wealth creation because invariably, it leads to growth retarding government intervention. Which brings us to bubbles. Shouldn’t the government, the argument goes, at least try to stop them from happening? Well, it depends. Those caused by misguided government policies like the housing bubble of the mid 2000’s, yes. Those caused by the free market, no. Bubbles have a bad name, but not all of them are created equal. There are healthy ones and unhealthy ones. The good kind develops when a lot of people simultaneously recognize a great opportunity. Computers are an excellent example. During the early 1980s there was a boom in personal computers–followed by a severe shakeout, when companies such as Atari and Commodore bit the dust. In the late 1990s a number of companies recognized the importance of search engines. Google emerged supreme with Microsoft and others relegated to fractional market shares. For the complete script, visit https://www.prageru.com/videos/can-government-run-economy
Views: 928069 PragerU
Free Market Economics: Uber, Airbnb, & Feastly vs Government Regulation - Learn Liberty
 
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Free Market Economics: The sharing economy connects people with services like Uber, AirBnB, and Feastly. Despite these new ways to connect, many regulators would like to stop it in its tracks. Learn more: http://bit.ly/1M9H7oc Learn Liberty is your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. We don’t have all the answers - but we’ve got a lot of ideas. By working with professors from a range of academic disciplines and letting them share their own opinions, we help you explore new ways of looking for solutions to the world’s problems. Watch more at http://bit.ly/1UleLbP SUBSCRIBE: http://bit.ly/1HVAtKP FOLLOW US: Website: https://www.learnliberty.org/ Facebook: https://www.facebook.com/LearnLiberty Twitter: https://twitter.com/LearnLiberty Google +: http://bit.ly/1hi66Zz LEARN MORE: Praxis Entrepreneurship Course (program): This 2 month course equips young aspiring entrepreneurs with the knowledge, skills and experiences to lay the foundation for a successful professional life. http://discoverpraxis.teachable.com/ Welcome to the Sharing Economy (podcast): Cato scholars discuss how the sharing economy undermines the regulatory establishment and makes people’s lives better. https://www.youtube.com/watch?v=jFYGt128kCY What is the Sharing Economy? (article): Christopher Koopman explains the sharing economy. http://mercatus.org/publication/what-sharing-economy Level the Playing Field - By Deregulating (essay): Matthew Feeney argues for less regulation, not more, in the sharing economy. http://www.cato-unbound.org/2015/02/10/matthew-feeney/level-playing-field-deregulating Today’s Solutions, Tomorrow’s Problems (article): Christopher Koopman expresses his concerns about regulating the sharing economy. http://mercatus.org/publication/todays-solutions-tomorrows-problems-sharing-economy-uber-lyft
Views: 17437 Learn Liberty
Why the FREEMARKET does not work without regulation
 
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This is a economics video on why everything we buy comes from CHINA that is putting people out of work and making them have to beg for money and food. Hopefully you Alex Jones Ron Paul people will reexamine your libertarian corporate brainwashing.
Views: 293 Ellie likeswater
Free Market Economy Debate: Why People Need to Learn Economics
 
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Free Market economy debate is in response to a video made by a fellow YouTube creator called Mexie who has decided to diss the Free Market economy with what I feel erroneous arguments and baseless claims. In my response I touch upon several things regarding regulation, private ownership, famines, healthcare etc. It is for this reason I feel it is why people need to learn Economics because so many people out there like Mexie wrongly confuse what a Free Market economy is. If people understood the Free Market it would go a long way to at least addressing the difference between what exists today to that of what a Free Market is. Capitalism too often wrongly gets the blame for what is not the fault of Capitalism but that of Corporatism, these are issues I have addressed many times in the past. Mexie believes that there was deregulation and therefore she believes this led to fewer jobs in the marketplace, little does she understand that the causation of fewer jobs was not more competition but the destruction of competition led by big corporations lobbying government for more government regulations. The Free Market economy debate touches briefly on the free market and I explain this clearly on issues such as; healthcare, banking crisis and even in relation to the market regulating itself.
Why Free Markets Work: Milton Friedman on Political Economy (1996)
 
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The Friedman rule is a monetary policy rule proposed by Milton Friedman. More Milton Friedman: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=258445d2550dd284ef86829343fdd0da&camp=1789&creative=9325&index=books&keywords=Milton%20Friedman Essentially, Friedman advocated setting the nominal interest rate at zero. According to the logic of the Friedman rule, the opportunity cost of holding money faced by private agents should equal the social cost of creating additional fiat money. It is assumed that the marginal cost of creating additional money is zero (or approximated by zero). Therefore, nominal rates of interest should be zero. In practice, this means that the central bank should seek a rate of deflation equal to the real interest rate on government bonds and other safe assets, to make the nominal interest rate zero. The result of this policy is that those who hold money don't suffer any loss in the value of that money due to inflation. The rule is motivated by long-run efficiency considerations. This is not to be confused with Friedman's k-percent rule which advocates a constant yearly expansion of the monetary base. The marginal benefit of holding additional money is the decrease in transaction costs represented by (for example) costs associated with the purchase of consumption goods. With a positive nominal interest rate, people economise on their cash balances to the point that the marginal benefit (social and private) is equal to the marginal private cost (i.e., the nominal interest rate). This is not socially optimal, because the government can costlessly produce the cash until the supply is plentiful. A social optimum occurs when the nominal rate is zero (or deflation is at a rate equal to the real interest rate), so that the marginal social benefit and marginal social cost of holding money are equalized at zero. Thus, the Friedman Rule is designed to remove an inefficiency, and by doing so, raise the mean of output. The Friedman rule has been shown to be the welfare maximizing monetary policy in many economic models of money. It has been shown to be optimal in monetary economies with monopolistic competition (Ireland, 1996) and, under certain circumstances, in a variety of monetary economies where the government levies other distorting taxes.[2][3][4][5] However, there do exist several notable cases where deviation from the Friedman Rule becomes optimal. These include economies with decreasing returns to scale; economies with imperfect competition where the government does not either fully tax monopoly profits or set the tax equal to the labor income tax; economies with tax evasion; economies with sticky prices; and economies with downward nominal wage rigidity.[6] While normally deviations from the Friedman Rule are typically small, if there is a significant foreign demand for a nations currency, such as in the United States, the optimal rate of inflation is found to deviate significantly from what is called for by Friedman Rule in order to extract seigniorage revenue from foreign residents.[6] In the case of the United States, where over half of all U.S. dollars are held overseas, the optimal rate of inflation is found to be anywhere from 2 to 10%, whereas the Friedman Rule would call for deflation of almost 4%.[6] Recent results have also suggested that in order to achieve the goal of the Friedman Rule, namely to reduce the opportunity cost and monetary frictions associated with money, it may not be required that the nominal interest rate be set at zero.[7] When the effects of financial intermediaries and credit spreads are taken into account, the welfare optimality implied by the Friedman Rule can instead be achieved by eliminating the interest rate differential between the policy nominal interest rate and the interest rate paid on reserves by assuring that the rates are identical at all times. https://en.wikipedia.org/wiki/Friedman_rule
Views: 65480 Remember This
Media Regulation: Crash Course Government and Politics #45
 
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Today we wrap up our discussion of the media by talking about how the government interacts with and influences the content we see. Now it may be easy to assume that because we live in a free-market capitalist society, the only real regulation of the media is determined by the consumers, but this isn’t necessarily true. The government controls a number of factors including the potential for lawsuits, spectrum licensing, FCC fines, and has even tried to pass a bit of legislation. So we’ll talk about how all of these factors influence the media and end with a discussion of a pretty hotly debated topic these days - net neutrality. Produced in collaboration with PBS Digital Studios: http://youtube.com/pbsdigitalstudios Support is provided by Voqal: http://www.voqal.org All attributed images are licensed under Creative Commons by Attribution 4.0 https://creativecommons.org/licenses/... Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashC... Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 176181 CrashCourse
free market vs regulations
 
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see: http://www.youtube.com/watch?v=VdyKAIhLdNs regulation is a good idea in theory, if only those who created the regulations a) understood every in and out of the sector they were regulating, b) understood the exact pros and cons of the effects of the proposed regulations, c) were... unable to be affected in any way by outside (moneyed) influence and were unable to hide behind the walls of the state, etc, then it might work great. the problem, though, is that regulation has been "weighed in the balances and found wanting". it almost always has the inverse effect of the well-intended solution it is perceived as. regulation in the economic sector usually solidifies monopolies. they are corporate monopolies, and there are usually 2 or 3 dominant corporations in the sector so as to give the illusion of choice. this is why many (actually, probably most) times, corporations themselves are behind the regulations; it gives big money unfair advantages backed by violence. if Perdue or Tyson want to limit competition, they get a law passed that all chickens have to go through a laundry list of cost-prohibitive "sanitation" exercises, mountains of paperwork, expensive industrial licenses, etc. this has the effect of walling off any free marketeers (little guys) that might be able to come in and undercut the big boys. of course, Big Chicken itself is never held accountable to those regulations. and of course, without the regulations, the people themselves could vote with their dollar; if Little Guy Chickens makes a great product, it competes with Big Chicken and the people win. you can eliminate lobbying, but there's still going to be the buddy system. Citi asks Smith to put X restriction on banking, and 4 years later, Smith becomes the CEO of Citi and reaps the reward. the fact is, regulations on ANY (non-criminal) actions in the economic sector do not work better than regulation by us little guys via the dollar, and in fact usually work against him. now, talking about the possibilities in the absence of regulations is where it gets most interesting IMO. there is an important distinction to be made here between regulations and laws (the words can be used interchangeably, but ...I'll draw a hard line for the sake of discussion). laws establish principles like "it's illegal to hurt an innocent people". regulations, well, regulate the way business is done. I certainly agree that the former is necessary and required. the latter, though, I am asserting is better left to the "market", or the people. now, companies can lie in advertising, but the greatest agent of regulation in a free market - their competitors - will call them out and ruin their reputation (except they can't do this as it is due to FCC regulations). they can lie about what they sell you and whether it's dangerous, but they will be taken to court, sued out of existence, and imprisoned for life for fraud (violation of implicit contract) and injury - this of course only possible without the government status/protection of "corporations". companies can build crappy buildings, but they will be liable for injuries and will have a crappy reputation to go with it, so it is in their best interest to build a good product. companies can intentionally make crappy/faulty cars, but without their limited liabilities, the same things will happen to them. the principles above hold true over and over again. however, when the state creates regulations that only ten people can die per million cars sold, then the corporation aims for that number instead of 0, and their actions are legitimized. the central theme in all I'm saying, of course, is that the state (via regulations) provides protection for the rich in almost everything it does.
Views: 876 Frettsy
Financial Regulatory Reform, A Free Market Approach
 
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Alex Merced discusses why current financial regulations have the wrong incentives for consumer protection, and how a free maket framework can actually make for better regulation
Views: 115 Alex Merced
Ron Paul: Banks Should Stop Hiding from Free-Market Regulation
 
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http://www.RonPaul.com - Please like, share, subscribe & comment! Facebook: http://www.facebook.com/ronpauldotcom Backup YouTube channel: http://www.youtube.com/subscription_center?add_user=ronpaulcom Email updates: http://www.RonPaul.com 7/9/2012 Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, sound money, and a pro-America foreign policy. To spread the message, visit and promote the following websites: http://www.RonPaul.com (grassroots website) http://www.RonPaul2012.com (official campaign) http://www.house.gov/paul (Ron Paul in Congress) http://www.DailyPaul.com (grassroots site) http://www.RonPaulForums.com (discussion forum) http://www.RonPaulFlix.com (latest Ron Paul videos) Disclaimer: This video is not-for-profit clip that is uploaded for the purpose of education, teaching, and research, which falls under fair use according to the Copyright Act of 1976 and tips the balance in favor of fair use; all intellectual content within the video remains property of its respective owners.
Views: 5652 RonPaul2008dotcom
Six Arguments Against Government Regulation
 
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Government regulation is excessive, and often such regulations do more harm than good. Hey guys, Kristin Tate here with Capitalism.com to share with you six arguments against government regulation. A significant issue from this past election and elections before it has been deregulation. Some believe that our economy needs excessive, bureaucratic red tape, while others believe it to hold back the free market. Capitalism.com contributor and economics professor Tom Lehman explained why government regulation hurts business using six different arguments. Source: https://www.capitalism.com/six-arguments-government-regulations/
Views: 1793 Capitalism.com
BITCOIN & ETHEREUM CRYPTOCURRENCY ~ FREE MARKET MANIA OR REGULATION
 
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BITCOIN & ETHEREUM CRYPTOCURRENCY ~ FREE MARKET MANIA OR REGULATION
Views: 1758 FreedomForceUSA
TheTransforum - Ethics and Free Market Regulation
 
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It is nonnegotiable that somebody will regulate the market. The three primary groups who are involved in the market are the customers, the business community and the government. Comment on how you believe these three should share in market regulation.
Views: 153 thetransforum
Trace Mayer: Bitcoin is True Free Market Regulation
 
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Jason Burack of Wall St for Main St interviewed returning guest, Trace Mayer, J.D. https://www.tracemayer.net/. Trace Mayer is an entrepreneur, investor, journalist, monetary scientist and ardent defender of the freedom of speech. Trace Mayer holds degrees in Accounting and law. He has studied Austrian economics focusing on Murray Rothbard and Ludwig von Mises. Trace is also host of the Bitcoin Knowledge Podcast http://www.bitcoin.kn/. Trace also wrote the book, The Great Credit Contraction http://www.creditcontraction.com/ in 2009 Trace's bio: https://www.tracemayer.net/about/ To start off this interview, Jason and Trace talk about Trace's 2009 book, The Great Credit Contraction, which is now a free ebook download! Jason and Trace discuss central planners reflating old bubbles and trying to create new credit driven bubbles. Jason then asks Trace if he thinks the Chinese government heavily manipulates Bitcoin? Jason also asks Trace the Pros/Cons of storing Bitcoin on different ways and the interview discussing whether President Trump can "Drain the Swamp" in DC. Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Mo Dawoud on Twitter @m0dawoud Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We have 33 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected]
Views: 4423 WallStForMainSt
There's No Such Thing As An Unregulated Market
 
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We all want the safety and dependable quality that “regulation” is supposed to provide. Government can provide it to some extent, but markets can do it better, if we let them. Howard Baetjer of Towson University explains. SUBSCRIBE: http://bit.ly/2dUx6wg LEARN MORE: The Most Dangerous Monopoly: When Caution Kills (video): All of us want assurance that the things we buy are safe. What’s the best way to get it? Howard Baetjer of Towson University explains that when products undergo third-party certification processes to determine their safety, market forces are able to optimize the amount of testing conducted and consumers can use the information provided by certification firms to make their own decisions. https://www.youtube.com/watch?v=DvxT7fryE3Q Free Market Economics: Uber, Airbnb, & Feastly vs Government Regulation (video): The sharing economy connects people with services like Uber, AirBnB, and Feastly. Despite these new ways to connect, many regulators would like to stop it in its tracks. Chris Koopman explains why this approach to regulation is becoming increasingly irrelevant. https://www.youtube.com/watch?v=qvsPXKJe05Q How Food Regulations Make Us Less Healthy (video): Why do we consume so much high fructose corn syrup? Why does America suffer from an obesity epidemic? And why are fruits and vegetables so expensive? Prof. Dan D'Amico argues that government regulations designed to serve special interests are partly to blame. https://www.youtube.com/watch?v=Tv-6YpUzQdA TRANSCRIPT: For a full transcript please visit: http://www.learnliberty.org/videos/theres-no-such-thing-as-an-unregulated-market/ LEARN LIBERTY: Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://www.learnliberty.org/.
Views: 11121 Learn Liberty
interview with Mark Carny   banking regulation and free market
 
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The governor of the Bank of England is the incredibly successful former governor of the Bank of Canada. In this clip, flagship news program host Peter Mansbridge of CBC-TV's "The National" asks Carny about the problem of banking corruption, lawbreaking, and manipulation. The reply Carny gives to the problem of risk banking and financial practices shows why "capitalism" needs a lot of regulation and oversight. To let capitalists run wild is to invite all sorts of problems and failures.
Views: 53 krzyakn
why a free market is ALWAYS better than  government regulation
 
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History has shown that people who think the government is going to take care of them are mistaken
Views: 978 JeffreySonofLiberty
Government Regulations vs. Free Market Hyperbole
 
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Restaurant employees should be able opt out of health department regulations that require employees to wash their hands after using the bathroom as long as they put a sign up letting people know that they’re opting out, according to GOP Senator Thom Tillis. Tillis made the assertion during a Starbucks visit where he was discussing his philosophy on government regulations with someone and explained his stance publicly during his recent talk at the Bipartisan Policy Center (BPC). We take a look at video of Tillis’s comments and discuss how it relates to government regulation of GMO products, in this Lip News clip with Mark Sovel and Elliot Hill. Newest Lip News playlist: https://www.youtube.com/watch?v=xZhI1lg2qi0&list=PLjk3H0GXhhGcjJDo6cQBCQprDMQyUQY3r&index=1 BUZZSAW interview clips - https://www.youtube.com/watch?v=gPW0ICZKSmQ&index=1&list=PLjk3H0GXhhGeWhHPas6M9sKUhThquDNOc CRIME TIME clips playlist - https://www.youtube.com/watch?v=QO7u1aUnsrg&index=1&list=PLjk3H0GXhhGeC9DbpSnIvd2i9BHh2dBvv BYOD (Bring Your Own Doc) Highlight Videos- https://www.youtube.com/watch?v=QMiRy5WM4vI&index=1&list=PLjk3H0GXhhGeu2DCf6Ouo7hTsA5QB2MAL MEDIA MAYHEM short videos playlist - https://www.youtube.com/watch?v=aDJQ5zhLwKY&index=1&list=PLjk3H0GXhhGcz4un-zws5sMlCLk3NNjDP https://www.facebook.com/thelip.tv http://www.youtube.com/theliptv
Views: 1931 TheLipTV
Free Market VS Government Regulation
 
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Hey guys! These videos are pulled from the Good Morning Liberty Facebook page. We go live every morning at 7AM. We believe in Capitalism, Free Markets, Liberty, and your right to be left alone. We spend most of our time taking on the myths that Democratic Socialists like Bernie Sanders perpetrate on the American people daily. Thanks for the view and we appreciate the comments. www.facebook.com/goodmorningliberty
Washington Redskins & Free Market Regulation
 
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--Voicemail on the Washington Redskins and free market regulation --On the Bonus Show: New York allows people to be buried next to their pets, David Attenborough makes an interesting claim about human evolution, The Twitter IPO and xenophobia, more... http://www.davidpakman.com Become a Member: http://www.davidpakman.com/membership Facebook: http://www.facebook.com/davidpakmanshow Twitter: http://www.twitter.com/davidpakmanshow TDPS Gear: http://www.davidpakman.com/gear 24/7 Voicemail Line: (219)-2DAVIDP Subscribe to The David Pakman Show for more: http://www.youtube.com/subscription_center?add_user=midweekpolitics Support TDPS by clicking (bookmark it too!) this link before shopping on Amazon: http://www.amazon.com/?tag=thedavpaksho-20 Broadcast on September 17, 2013 David's Instagram: http://www.instagram.com/david.pakman --Donate via Bitcoin: 15evMNUN1g4qdRxywbHFCKNfdCTjxtztfj --Donate via Ethereum: 0xe3E6b538E1CD21D48Ff1Ddf2D744ea8B95Ba1930 --Donate via Litecoin: LhNVT9j5gQj8U1AbwLzwfoc5okDoiFn4Mt --Donate via Bitcoin: 15evMNUN1g4qdRxywbHFCKNfdCTjxtztfj --Donate via Ethereum: 0xe3E6b538E1CD21D48Ff1Ddf2D744ea8B95Ba1930 --Donate via Litecoin: LhNVT9j5gQj8U1AbwLzwfoc5okDoiFn4Mt
Views: 871 David Pakman Show
The Most Dangerous Monopoly: When Caution Kills
 
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"The Most Dangerous Monopoly: When Caution Kills" by @LearnLiberty ► Get Learn Liberty updates in your inbox! http://LearnLiberty.org/subscribe Everyone wants the items they buy to be safe to use or consume. Howard Baetjer of Towson University explains that when products undergo third-party certification processes to determine their safety, market forces are able to optimize the amount of testing conducted and consumers can use the information provided by certification firms to make their own decisions. It is difficult to say how much testing is enough: another test can always be run on a product, but at some point the benefit of the extra testing outweighs the costs. In a free-market system, competition among certification firms allows the market to work as it should and prevents both under- and over-testing of products. Conversely, when the government holds the monopoly on safety standards, products are likely to be over-tested, delaying their entry into the market and making them more expensive. Sometimes the costs of such delays cannot be quantified; lives can be lost while life-saving medicines are held up in safety-testing processes. Check out Prof. Baetjer's book that inspired this video: http://www.freeourmarkets.com/book/ Animated by Tomasz Kaye: http://www.patreon.com/tomaszkaye ► Learn More http://www.amazon.com/Free-Choose-A-Personal-Statement/dp/0156334607/ref=sr_1_1?ie=UTF8&qid=1390930689&sr=8-1&keywords=Free+to+Choose [resource]: Chapter 7, "Who Protects the Consumer?" http://www.amazon.com/Free-Our-Markets-Essential-Economics/dp/098442542X [resource]: Howard Baetjer book, specifically Charpter 6 "Market Forces Regulate" http://www.youtube.com/watch?v=wwBg-XF2WKg [video]: Alex Tabarrok lectures on the harm caused by the bad incentives for the FDA http://fdareview.org/ [resource]: The Independent Institute questions whether the FDA is safe and effective with a body of research that dives in to the history of the FDA Some resources to back up particular claims: http://www.ul.com/global/eng/pages/aboutul/ [source]: UL website - About Underwriters' Laboratories http://www.ul.com/global/eng/pages/corporate/aboutul/links/ [source]: UL offers a page of "Additional Resources" that lists other institutions that provide certification or establish safety standards: http://www.cato.org/pubs/pas/pa-288es.html [analysis]: Noel Campbell's Cato policy review -"Replace FDA Regulation Of Medical Devices With Third-Party Certification" ► For more resources, transcripts, videos, and more visit: http://learnliberty.org/videos/most-dangerous-monopoly-when-caution-kills ► Like us on Facebook! http://facebook.com/LearnLiberty ► Follow us on Twitter! http://twitter.com/LearnLiberty ► Follow us again on Google+! http://bit.ly/1f8SBUI ► Watch more videos: http://LearnLiberty.org
Views: 102947 Learn Liberty
Seton Motley - Free Markets and Regulation
 
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Thom Hartmann debates Seton Motley, President-Less Government, about free markets and government in business regulation. If you liked this clip of The Thom Hartmann Program, please do us a big favor and share it with your friends... and hit that "like" button! http://www.thomhartmann.com Follow Us on Twitter: http://www.twitter.com/thom_hartmann Subscribe to The Thom Hartmann Program for more: http://www.youtube.com/subscription_center?add_user=thomhartmann
Mitt Romney: "Regulation is essential.  You can't have a free market without regulation."
 
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Mitt Romney tells us how freedom cannot exist if it is not government regulated. 10/3/2012 - First Presidential Debate at the University of Denver Barack Obama vs. Mitt Romney Denver, Colorado
Views: 1110 Police State USA
Why Nations Become Rich: Small-Business Entrepreneurs and Free-Market Economics (2008)
 
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The laissez-faire principle expresses a preference for an absence of non-market pressures on prices and wages, such as those from discriminatory government taxes, subsidies, tariffs, regulations of purely private behavior, or government-granted or coercive monopolies. Friedrich Hayek argued in The Pure Theory of Capital that the goal is the preservation of the unique information contained in the price itself. The definition of free market has been disputed and made complex by collectivist political philosophers and socialist economic ideas.[4] This contention arose from the divergence from classical economists such as Richard Cantillon, Adam Smith, David Ricardo, and Thomas Robert Malthus, and from the continental economic science developed primarily by the Spanish scholastic and French classical economists, including Anne-Robert-Jacques Turgot, Baron de Laune, Jean-Baptiste Say and Frédéric Bastiat. During the marginal revolution, subjective value theory was rediscovered.[5] Various forms of socialism based on free markets have existed since the 19th century. Early notable socialist proponents of free markets include Pierre-Joseph Proudhon, Benjamin Tucker, and the Ricardian socialists. These economists believed that genuinely free markets and voluntary exchange could not exist within the exploitative conditions of capitalism. These proposals ranged from various forms of worker cooperatives operating in a free market economy, such as the Mutualist system proposed by Proudhon, to state-owned enterprises operating in unregulated and open markets. These models of socialism are not to be confused with other forms of market socialism (e.g. the Lange model) where publicly owned enterprises are coordinated by various degrees of economic planning, or where capital good prices are determined through marginal cost pricing. Advocates of free-market socialism such as Jaroslav Vanek argue that genuinely free markets are not possible under conditions of private ownership of productive property. Instead, he contends that the class differences and inequalities in income and power that result from private ownership enable the interests of the dominant class to skew the market to their favor, either in the form of monopoly and market power, or by utilizing their wealth and resources to legislate government policies that benefit their specific business interests.[6] Additionally, Vanek states that workers in a socialist economy based on cooperative and self-managed enterprises have stronger incentives to maximize productivity because they would receive a share of the profits (based on the overall performance of their enterprise) in addition to receiving their fixed wage or salary. Socialists also assert that free market capitalism leads to an excessively skewed distribution of income, which in turn leads to social instability. As a result, corrective measures in the form of social welfare[7], re-distributive taxation, and administrative costs are required, which end up being paid into workers hands who spend and help the economy to run. Corporate monopolies run rampant in free markets, with endless agency over the consumer. Thus, free market socialism desires government regulation of markets to prevent social instability, although at the cost of taxpayer dollars. https://en.wikipedia.org/wiki/Free_market
Views: 580 The Film Archives
Free Market Capitalism FAILS again
 
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The trap is sprung. Sorry, Lee, but it won't be that easy for you. WHY LEE'S CHARACTERIZATION OF MY VIDEO IS A STRAWMAN 1. I am a capitalist. I am merely not a free market capitalist. I believe in regulation. 2. I never said that capitalism and trade don't create wealth. I merely had the courage to point out that fraud and exploitation are a crucial element of the money-making process. 3. I never said that it should be mandated that companies share their profits with employees, I merely hypothesized that this was the natural philosophical result of the statement below. WHY FREE MARKET IS FREE MARXIST: Free Market Capitalism says we own our own labor: http://www.econlib.org/library/Enc/FreeMarket.html ". . . in a free-market system, every person has a property right over his own person and his own labor and can make free contracts for those services." Murray Rothbard, Free Market Capitalist Sometimes referred to as "the founder of libertarianism" THE THREE TYPES OF VALUE: 1. Objective Value/Baseline Value/Intrinsic Value Value based on "need" in relation to the achievement of sustained physical and psychological health. 2. Subjective Value Value based on individual perception of value; personal perceptions of value not shared by others (or shared by a select few). 3. Intersubjective Value Value based on group perception of value; mass perception of value.
Views: 245788 Amazing Atheist
The Free Market or: Debt-Fuelled End Stage Capitalism
 
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Government and capitalism are two sides of the same coin. Nobody is arguing that modern-day governments don’t need capitalism. A government can’t function without the precious tax revenue that capitalism affords. On the hand, I would argue that capitalism needs government. Capitalism without government, i.e. the free market, is like an out-of-control steam train hurtling down the line. The goal is to reach its destination as fast as possible. Without regulation, the train will eventually come to a curve in the track and derail, killing and maiming many of its occupants. The government are the engineers, the train operators, the railway signals. They are vital in keeping the train and its passengers safe. Capitalists would argue that if only the government would stand aside and let the free market take the reins, everything would be okay. But clearly, that would end in disaster. Between 1936 and 1969, the Cuyahoga River in Northeast Ohio caught fire numerous times due to the large amount of pollution caused by industrial waste. The free market did nothing to clean it up. It required the government to intervene and impose a $1.5 billion cleanup fee. ... I’ve done a little bit of a case study over the last couple of years regarding a massive shopping centre redevelopment occurring right here in my little city of Toowoomba. This shopping centre could be described as a microcosm of the free market in action. The redevelopment doubled the size of the shopping centre to approximately 90,000m². For Toowoomba, that’s huge! They had to knock down an old shopping centre in the process, one that was still in pretty good condition. But that’s not how capitalism works, right? Out with the old, in with the new! ... But the centre has had a devastating effect on the city centre. If you walk down the CBD, you’ll see what I mean. Large amounts of shops lay empty. “For Lease” signs are posted everywhere. Within the new part of the shopping centre, there’s a central avenue which contains mainly high-end fashion shops. They’re selling goods that the average person can’t afford. Their workers just stand around, hoping for the next customer. Are these shops successful? No. Are their stores empty? Yes. Are those workers contributing greatly to society? No. They're just there for the paycheck. ... Eventually, all of these shop owners will either end up in massive debt, or bankrupt. They’ve probably signed five-year leases, so are legally powerless to do anything except try to make ends meet. The "free market" has failed them. Debt has fuelled this crisis. Banks are giving out loans to anyone with a business plan. My wife used to work in the centre for an Asian restaurant. They were consistently underpaying her, so I kicked up a stink. I went down to see the owner and he went into a rage – threatening me and my family. ... I have seen this sort of exploitation time and time again at the new centre. Multiple massage parlours, nail shops (as in, manicures and the like), and stores selling mobile phone accessories have sprung up everywhere. How many massage parlours does one centre need? All of these types of stores employ workers who don’t know their rights. The owners knowingly exploit their staff. My wife’s friend, a stay-at-home mum, recently got a part-time job in the new centre working for one of these new massage parlours as a receptionist. The boss told her that he would provide free training for the first two weeks (that is, he wouldn’t pay her for the first two weeks – how nice of him). She accepted, as her English is not very good and it would be hard for her to find a job elsewhere. Two weeks went past and she was hoping that she would start getting a paycheck. But of course, nothing eventuated. She didn’t want to rock the boat, so she kept quiet for another week. A total of three weeks had past and still no word from the boss regarding her pay. ... There are no truly free-market societies, nor should there be. Free markets result in exploitation and environmental damage. The tragedy of the commons is a very real thing. On the other hand, too much government control results in overregulation and unwanted bureaucracy grinding the economy to a halt. There’s a fine balancing act required to keep this fragile system ticking along. In my opinion, there is only one diagnosis for the current state of society – Debt-fuelled End Stage Capitalism. If we keep going the way we’re going, ultimately capitalism, or the government, or both, are going to collapse. RELATED LINKS Free Markets: What's The Cost? – http://www.investopedia.com/articles/economics/08/free-market-regulation.asp What role does the government play in capitalism? – http://www.investopedia.com/ask/answers/040615/what-role-does-government-play-capitalism.asp Tragedy of the commons – https://en.wikipedia.org/wiki/Tragedy_of_the_commons FIND US ON FACEBOOK https://www.facebook.com/DailyRantAustralia/
The Free Market, Regulation, and Societal Virtue
 
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Ann Barnhardt (Paladine): https://www.youtube.com/watch?v=7dFVFJ0iRRA My blog: http://www.staresattheworld.com/ My Twitter: http://twitter.com/Aurini Download in MP3 Format: http://www.clipconverter.cc/ Credits: I Feel You by Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/
Views: 2707 Davis M.J. Aurini
Free Market Regulation
 
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People mis-characterize the free market as something that by nature avoids regulation. Some background on Underwriters laboratories: http://www.fundinguniverse.com/company-histories/underwriters-laboratories-inc-history/
Views: 17 Luke Spylander
Free Market Regulation (EconToons.com)
 
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This video discusses the problems with government regulation and how it can be better handled by for-profit regulators.
Views: 194 Alex Merced
eEconomics - ep.13 - Financial Regulation
 
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Turn up the Nate Dogg and Warren G; it's time to REGULATE!
Views: 29178 eEconomics
Why Big Business Hates Free Markets...And Loves Big Government
 
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There is a huge misconception, where Americans are led to believe that Government and Big Business are antagonists. We see it in Hollywood movies, and in the media all the time. Americans need government "regulations" to protect them from business. In reality, Big Business could not be happier with this slight-of-hand. They love government "regulations," and hate the free market.
Views: 7429 RonPaulLibertyReport
Government Regulations vs Free Markets: Energy and Environmental Problems PART 1
 
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The Moritz Federalist Society is proud to host Author Tim Carney as he debates Professor Peter Swire on the topic of "Are Government Regulations or Free Markets the Better Solution to America's Energy and Environmental Problems?" as part of the John Templeton Foundation's The Rule of Law and Wealth Creation debate series. September 30, 2010.
Views: 448 OhioStateFederalist
Free Market Medicine: Navigating the Regulatory Maze
 
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Phil Eskew, DO, JD, MBA of http://www.dpcfrontier.com/ speaks at the 23rd Thrive, Not Just Survive Workshop, January 30, 2016 in Orlando Florida. Note: For discussion on the intersection of HIPAA and DPC please see: http://www.dpcfrontier.com/hipaa .
The Function of Clearing - Free Market Regulation
 
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Alex Merced discusses the Function of Clearing Houses and how they are vital to the functioning of Free Market Regulation along with Rating Agencies and Brokers. Join the Discussion: http://www.HayekForums.com
Views: 57 Alex Merced
Economics - Principles of the Free Market
 
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In a theoretically free market, what drives the buying and selling of goods and services? Learn about the seven principles that are fundamental to the free market system.
Views: 3802 WarnerJordanEducation
Boycotting and War as Regulation Against Abuse on a Free Market (ForAnEmergentGov)
 
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All credit goes to Fringe Elements (Ryan Faulk). http://youtube.com/user/fringeelements http://fringeelements.tumblr.com
Views: 110 CSMIRRORMirror
Ron Paul: Regulate The Federal Reserve, Not The Free Market!
 
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http://www.RonPaul.com - 06/30/2010 Ron Paul speaks out against more regulations. -- Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies. For more information visit the following sites: http://www.RonPaul.com http://www.CampaignForLiberty.com http://www.house.gov/paul http://www.DailyPaul.com http://www.RonPaulForums.com
Views: 8019 RonPaul2008dotcom
The Free Market and The Environment with Doug Bandow
 
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Environmental quality has been a major public concern since the first Earth Day in 1970, yet the maze of environmental laws and regulations enacted since them has fostered huge government bureaucracies better known for waste and failure than innovation and success. Can the free market do better than this failed environmental bureaucracy? Doug Bandow thinks so. Doug Bandow is a senior fellow at the Cato Institute, specializing in foreign policy and civil liberties. He worked as special assistant to President Reagan and editor of the political magazine Inquiry. He writes regularly for leading publications such as Fortune magazine, National Interest, Wall Street Journal, and Washington Times. Bandow speaks frequently at academic conferences, on college campuses, and to business groups. Bandow has been a regular commentator on ABC, CBS, NBC, CNN, Fox News Channel, and MSNBC. He holds a J.D. from Stanford University.
John A. Allison Discusses 'The Financial Crisis and the Free Market Cure'
 
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Not only is free-market capitalism good for the economy, says John A. Allison, it is our only hope for recovery. As the nation's longest-serving CEO of a top-25 financial institution, Allison has had a unique inside view of the events leading up to the financial crisis. He has seen the direct effect of government incentives on the real estate market and how government regulations only make matters worse. In this provocative book, he discusses why regulation is bad for the market and for the world, what we can do to promote a healthy free market, how we can help end unemployment in America, the truth about TARP and the bailouts, and how Washington keeps entrepreneurs from building a better future for everyone. With shrewd insight, alarming insider details, and practical advice for today's leaders, this analysis is nothing less than a call to arms. Allison explains how government incentives helped expand the real estate bubble to unsustainable proportions, how financial tools such as derivatives have been wrongly blamed for the crash, and how Congress fails to understand that it should not try to control the market â€" and then completely mismanages it when it tries. Before assuming the presidency of the Cato Institute on October 1, Allison served as chairman of BB&T from 1989 to 2009, during which it grew from $4.5 billion in assets to $152 billion, becoming America's 10th-largest financial services institution. After his retirement, he served as a distinguished professor at the Wake Forest University Schools of Business. Allison received a Lifetime Achievement Award from American Banker and was named one of the decade's 100 most successful CEOs by Harvard Business Review.
Views: 10013 The Cato Institute