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Essence of Economics

Scott Duryea

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Essence of Economics

Essence of Economics

Scott Duryea

2
Followers
0
Plays
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Learn economics and politics from a free market perspective

Latest Episodes

39. Self-Ownership and Non-Aggression

Only you can claim ownership on yourself. Thus, no one can legitimately or rightfully claim your property, which is an extension of yourself. Here we get dirty with aggression in the libertarian, free society of self-owning individuals. Series Description: The basis for libertarian thinking. If we are to have a systematic world view, there must be some axiom on which to build it. Self ownership and non-aggression: the non-aggression principle, the NAP. The Ethics of Liberty, by Murray Rothbard, lays out why liberty is the most ethical world view and how your politics should reflect this ethic as well. DOWNLOAD THE ESSAY Murray RothbardETHICS OF LIBERTY iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

41 MIN2018 FEB 1
Comments
39. Self-Ownership and Non-Aggression

38. You Own Yourself, Your Labor, and the Fruits of Your Labor

Self-ownership and non-aggression! You own yourself, your body: no one else does! What are the logical implications of that ethical fact? It means a FREE SOCIETY, where every individual’s right to self-ownership and non-aggression is protected and comes to fruition. Unlike positive rights, these natural (or negative) rights can exist at all times and places. Series Description: The basis for libertarian thinking. If we are to have a systematic world view, there must be some axiom on which to build it. Self ownership and non-aggression: the non-aggression principle, the NAP. The Ethics of Liberty, by Murray Rothbard, lays out why liberty is the most ethical world view and how your politics should reflect this ethic as well. DOWNLOAD THE ESSAY Murray RothbardETHICS OF LIBERTY iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

34 MIN2018 JAN 24
Comments
38. You Own Yourself, Your Labor, and the Fruits of Your Labor

37. Trump’s New HHS Policy

The Trump administration came out with a new Health and Human Services policy that will allow doctors and nurses to deny service to patients based on religious grounds. Is this policy compatible with libertarianism? NPR Article on new Trump HHS policy iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy

16 MIN2018 JAN 19
Comments
37. Trump’s New HHS Policy

36. Who has rights? Why? What are rights?: Natural Law in the Ethics of Liberty

Natural law: the libertarian system is based on this idea that individuals have ethical rights that exist purely because we are born. These exist outside of the government. Governments exist, in one justification, to protect these rights that already exist. What is the logic behind natural law? How can we integrate this idea into our everyday existence? Series Description: The basis for libertarian thinking. If we are to have a systematic world view, there must be some axiom on which to build it. Self ownership and non-aggression: the non-aggression principle, the NAP. The Ethics of Liberty, by Murray Rothbard, lays out why liberty is the most ethical world view and how your politics should reflect this ethic as well. DOWNLOAD THE ESSAY Murray N. Rothbard, The Ethics of Liberty iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

41 MIN2018 JAN 13
Comments
36. Who has rights? Why? What are rights?: Natural Law in the Ethics of Liberty

35. Why does gold have value?

Why does gold have value? Because gold was once a commodity! Why does our dollar have value? Because the government makes us pay taxes with it. Why does Bitcoin have value? Because, people hate government fiat. Mises and his regression theorem help us sort all this out. iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

16 MIN2018 JAN 6
Comments
35. Why does gold have value?

34. Institutions, Development, and Creating a Libertarian Society

Dr. Scott discusses an article published by Boettke, Coyne, and Leeson that tries to explain why some institutional arrangements “stick” and some don’t. Dr. Scott applies these ideas to how we can think about the transition to an anarchocapitalist society. WORKS DISCUSSED “Institutional Stickiness and the New Development Economics” iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

21 MIN2017 DEC 30
Comments
34. Institutions, Development, and Creating a Libertarian Society

33. Free Speech: Absolute right? Limited Right? Something Else?

The hoopla on college campuses and the overreaction to the “alt-right” raises questions again about how far the right to free speech should extend. The Left seems to attack free speech as a cover for racists, transphobes, and name-your-broad-inexact-category. For the person who respects individual rights, what should we think? Murray Rothbard and Walter Block have the answer. Guess what? It has to do with property rights. WORKS DISCUSSED Murray N. Rothbard, For a New Liberty Walter Block, Defending the Undefendable iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Help out the show on Patreon! Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

36 MIN2017 DEC 21
Comments
33. Free Speech: Absolute right? Limited Right? Something Else?

32. Economic Depressions: Their Cause and Cure, pt. 2

Why do recessions occur? What causes the business cycle? When we have a recession, why is it that the capital goods industries are affected much more than consumers goods industries? What has the central bank got to do with it? Rothbard’s essay on economic depressions explores the Misesian framework of the Austrian Business Cycle Theory. It’s pretty magnificent. DOWNLOAD THE ESSAY Murray N. Rothbard, Economic Depressions: Their Cause and Cure iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Help out the show on Patreon! Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

24 MIN2017 DEC 12
Comments
32. Economic Depressions: Their Cause and Cure, pt. 2

31. Economic Depressions: Their Cause and Cure, pt. 1

Why do recessions occur? What causes the business cycle? When we have a recession, why is it that the capital goods industries are affected much more than consumers goods industries? What has the central bank got to do with it? Rothbard’s essay on economic depressions explores the Misesian framework of the Austrian Business Cycle Theory. It’s pretty magnificent. DOWNLOAD THE ESSAY Murray N. Rothbard, Economic Depressions: Their Cause and Cure iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Help out the show on Patreon! Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

22 MIN2017 DEC 2
Comments
31. Economic Depressions: Their Cause and Cure, pt. 1

30. Murray Rothbard, What Has Government Done to Our Money?, pt. 6

Murray Rothbard explains the origins of money, its use in a free society, and the obfuscation of the function of money by the government. The free market creates money; government destroys it for its own ends. Part 6 of 6. Topics covered in this episode: * How the gold standard broke down over the past two hundred years * Phase 1: The Classical Gold Standard, 1815-1914 * Phase 2: World War I and After * Phase 3: The Gold Exchange Standard, 1926-1931 * Phase 4: Fluctuating Fiat Currencies, 1931-1945 * Phase 5: Bretton Woods and the New Gold Exchange Standard, 1945-1968 * Phase 6: The Unraveling of Bretton Woods, 1968-1971 * Phase 7: The End of Bretton Woods, Aug-Dec 1971 * Phase 8: The Smithsonian Agreement, Dec 1971-Feb 1973 * Phase 9: Fluctuating Fiat Currencies, March 1973 – Present DOWNLOAD THE BOOK Murray N. Rothbard, What Has Government Done to Our Money? iTunes: View in iTunes and

38 MIN2017 NOV 7
Comments
30. Murray Rothbard, What Has Government Done to Our Money?, pt. 6

Latest Episodes

39. Self-Ownership and Non-Aggression

Only you can claim ownership on yourself. Thus, no one can legitimately or rightfully claim your property, which is an extension of yourself. Here we get dirty with aggression in the libertarian, free society of self-owning individuals. Series Description: The basis for libertarian thinking. If we are to have a systematic world view, there must be some axiom on which to build it. Self ownership and non-aggression: the non-aggression principle, the NAP. The Ethics of Liberty, by Murray Rothbard, lays out why liberty is the most ethical world view and how your politics should reflect this ethic as well. DOWNLOAD THE ESSAY Murray RothbardETHICS OF LIBERTY iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

41 MIN2018 FEB 1
Comments
39. Self-Ownership and Non-Aggression

38. You Own Yourself, Your Labor, and the Fruits of Your Labor

Self-ownership and non-aggression! You own yourself, your body: no one else does! What are the logical implications of that ethical fact? It means a FREE SOCIETY, where every individual’s right to self-ownership and non-aggression is protected and comes to fruition. Unlike positive rights, these natural (or negative) rights can exist at all times and places. Series Description: The basis for libertarian thinking. If we are to have a systematic world view, there must be some axiom on which to build it. Self ownership and non-aggression: the non-aggression principle, the NAP. The Ethics of Liberty, by Murray Rothbard, lays out why liberty is the most ethical world view and how your politics should reflect this ethic as well. DOWNLOAD THE ESSAY Murray RothbardETHICS OF LIBERTY iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

34 MIN2018 JAN 24
Comments
38. You Own Yourself, Your Labor, and the Fruits of Your Labor

37. Trump’s New HHS Policy

The Trump administration came out with a new Health and Human Services policy that will allow doctors and nurses to deny service to patients based on religious grounds. Is this policy compatible with libertarianism? NPR Article on new Trump HHS policy iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy

16 MIN2018 JAN 19
Comments
37. Trump’s New HHS Policy

36. Who has rights? Why? What are rights?: Natural Law in the Ethics of Liberty

Natural law: the libertarian system is based on this idea that individuals have ethical rights that exist purely because we are born. These exist outside of the government. Governments exist, in one justification, to protect these rights that already exist. What is the logic behind natural law? How can we integrate this idea into our everyday existence? Series Description: The basis for libertarian thinking. If we are to have a systematic world view, there must be some axiom on which to build it. Self ownership and non-aggression: the non-aggression principle, the NAP. The Ethics of Liberty, by Murray Rothbard, lays out why liberty is the most ethical world view and how your politics should reflect this ethic as well. DOWNLOAD THE ESSAY Murray N. Rothbard, The Ethics of Liberty iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

41 MIN2018 JAN 13
Comments
36. Who has rights? Why? What are rights?: Natural Law in the Ethics of Liberty

35. Why does gold have value?

Why does gold have value? Because gold was once a commodity! Why does our dollar have value? Because the government makes us pay taxes with it. Why does Bitcoin have value? Because, people hate government fiat. Mises and his regression theorem help us sort all this out. iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

16 MIN2018 JAN 6
Comments
35. Why does gold have value?

34. Institutions, Development, and Creating a Libertarian Society

Dr. Scott discusses an article published by Boettke, Coyne, and Leeson that tries to explain why some institutional arrangements “stick” and some don’t. Dr. Scott applies these ideas to how we can think about the transition to an anarchocapitalist society. WORKS DISCUSSED “Institutional Stickiness and the New Development Economics” iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

21 MIN2017 DEC 30
Comments
34. Institutions, Development, and Creating a Libertarian Society

33. Free Speech: Absolute right? Limited Right? Something Else?

The hoopla on college campuses and the overreaction to the “alt-right” raises questions again about how far the right to free speech should extend. The Left seems to attack free speech as a cover for racists, transphobes, and name-your-broad-inexact-category. For the person who respects individual rights, what should we think? Murray Rothbard and Walter Block have the answer. Guess what? It has to do with property rights. WORKS DISCUSSED Murray N. Rothbard, For a New Liberty Walter Block, Defending the Undefendable iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Help out the show on Patreon! Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

36 MIN2017 DEC 21
Comments
33. Free Speech: Absolute right? Limited Right? Something Else?

32. Economic Depressions: Their Cause and Cure, pt. 2

Why do recessions occur? What causes the business cycle? When we have a recession, why is it that the capital goods industries are affected much more than consumers goods industries? What has the central bank got to do with it? Rothbard’s essay on economic depressions explores the Misesian framework of the Austrian Business Cycle Theory. It’s pretty magnificent. DOWNLOAD THE ESSAY Murray N. Rothbard, Economic Depressions: Their Cause and Cure iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Help out the show on Patreon! Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

24 MIN2017 DEC 12
Comments
32. Economic Depressions: Their Cause and Cure, pt. 2

31. Economic Depressions: Their Cause and Cure, pt. 1

Why do recessions occur? What causes the business cycle? When we have a recession, why is it that the capital goods industries are affected much more than consumers goods industries? What has the central bank got to do with it? Rothbard’s essay on economic depressions explores the Misesian framework of the Austrian Business Cycle Theory. It’s pretty magnificent. DOWNLOAD THE ESSAY Murray N. Rothbard, Economic Depressions: Their Cause and Cure iTunes: View in iTunes and Post a Review! (Many thanks ahead of time) Help out the show on Patreon! Attributions: Intro music: Ching by Glass Boy Source of the text: Mises Institute

22 MIN2017 DEC 2
Comments
31. Economic Depressions: Their Cause and Cure, pt. 1

30. Murray Rothbard, What Has Government Done to Our Money?, pt. 6

Murray Rothbard explains the origins of money, its use in a free society, and the obfuscation of the function of money by the government. The free market creates money; government destroys it for its own ends. Part 6 of 6. Topics covered in this episode: * How the gold standard broke down over the past two hundred years * Phase 1: The Classical Gold Standard, 1815-1914 * Phase 2: World War I and After * Phase 3: The Gold Exchange Standard, 1926-1931 * Phase 4: Fluctuating Fiat Currencies, 1931-1945 * Phase 5: Bretton Woods and the New Gold Exchange Standard, 1945-1968 * Phase 6: The Unraveling of Bretton Woods, 1968-1971 * Phase 7: The End of Bretton Woods, Aug-Dec 1971 * Phase 8: The Smithsonian Agreement, Dec 1971-Feb 1973 * Phase 9: Fluctuating Fiat Currencies, March 1973 – Present DOWNLOAD THE BOOK Murray N. Rothbard, What Has Government Done to Our Money? iTunes: View in iTunes and

38 MIN2017 NOV 7
Comments
30. Murray Rothbard, What Has Government Done to Our Money?, pt. 6
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