Economics, Historically, History, Politics

Others sometimes say it better

Actually, others often say it better.  Which is why you see politicians steal from other’s past speeches, and I devote an entire page to quotes from our Founding Fathers.  But, there is another page where I have posted videos from others who have been able to articulate information very succinctly and I encourage all my readers to visit the page.  You can find the link to the videos page on the top menu of this site, or by clicking here — Videos.

“All the States but our own are sensible that knowledge is power.” ~ Thomas Jefferson

And that knowledge should be given the proper perspective.  That is what I attempt to do with the first two videos on my list.  We often believe what we think we know, but then realize we do not know what we thought we did.  No, I do not think Yogi Berra said that, but he might have.

The first video is a brief historical lesson on what it means for our country to be a republic and why it is.  It does a good job in simplifying the argument for what we believe are the alternatives and what truly is the only alternative.  And when you see it put so simply, you realize that it is true.

After that, we have one from Bill Whittle of PJTV and Declaration Entertainment who often takes issues head-on with a historical perspective.  He has a true talent for expressing his point and does so with passion and resolve.  He speaks to the misinformation we are subjected to on a daily basis due to political correctness and the dangers our way of life faces because of it.

It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance. ~ Murray Rothbard

I could not agree more, so let us begin the enlightenment.

The third video is provided by Dr. Jeff Miron, Director of Undergraduate Studies at Harvard University in the Department of Economics.  He explains what debts and deficits mean to the United States and how spending cuts ultimately prove to be what our government needs to do.

Don Boudreaux, a professor of economics at George Mason University, provides our fourth video.  He speaks to the unintended consequences of government actions and policies.  He stresses that intentions do not make a policy right, but rather the incentives created by the policy that matter.

Sticking to our theme of listening to those with credentials in economics, our fifth video is by Dr. Steven Horwitz, professor of economics with St. Lawrence University.  He fully explains the term “the richer are getting richer, and the poorer are getting poorer” and what parts of it are accurate, which parts of it are false.  As always, there are many ways to use statistical data to make ones point, so he shares with you a variety of ways to measure wealth between us so we can get a perspective on what it really means.

Next, Dr. Antony Davies provides us a quick explanation of how tax rates affect revenues to our government.  We often hear arguments that cutting taxes will lower tax revenues.  Is this true?  Watch the video and draw your own conclusions.

Dr. Daniel J. Smith of Troy University explains in three fantastic short videos how our pricing system works.  He first concentrates on the basics of the pricing system, then follows up with the reasons for profits and losses, and finishes discussing income distribution.  The last is a hot topic in today’s political talking points.

Our final video (for now) is by Dr. Stephen Davies about why today’s liberals should consider being libertarians.  He makes good points in what the two groups have in common, and highlights some of the fallacies in the current liberal way of thinking.  He has another video of why conservatives should consider being libertarians too and I will consider adding that to the list at a later time.

It will take less than an hour to watch all of the videos I have posted thus far, but it is definitely worth your time.  I hope you will do so and please share with others.

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