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[VIDEO] ‘Don’t Be a Sucker’: Post-WW2 Anti-Fascist Educational Film, 1947

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[VIDEO] Freedom 101 

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A video crash-up covering the political landscape of the 1960’s, featuring MLK, RFK, JFK, Malcom X, Ronald Reagan, and Barry Goldwater.


The End of an Era: Economist Thomas Sowell Says ‘Farewell’ 

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‘There is no economist alive today who has done more to eloquently, articulately, and persuasively advance the principles of economic freedom, limited government, individual liberty, and a free society than Thomas Sowell.’

 writes: After writing a weekly (sometimes semi-weekly) column for the last 25 years (here’s an archive of his columns back to 1998), economist, scholar, author and national treasure Thomas Sowell made this announcement in his column today (“Farewell“):

“Even the best things come to an end. After enjoying a quarter of a century of writing this column for Creators Syndicate, I have decided to stop. Age 86 is well past the usual retirement age, so the question is not why I am quitting, but why I kept at it so long.”

Here’s a link to Thomas Sowell’s second column today (“Random Thoughts, Looking Back“), here’s some of the reaction on Twitter and the Internet to Sowell’s retirement, here’s Thomas Sowell’s webpage, and here’s his Wikipedia entry. Milton Friedman once said, “The word ‘genius’ is thrown around so much that it’s becoming meaningless, but nevertheless I think Tom Sowell is close to being one.”

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“I don’t think any living free-market economist even comes close to matching Sowell’s prolific record of writing about economics. And I don’t think there is any writer today, economist or non-economist, who can match Thomas Sowell’s “idea density” and his ability to consistently pack so much profound economic wisdom into a single sentence and a single paragraph.”

In my opinion, there is no economist alive today who has done more to eloquently, articulately, and persuasively advance the principles of economic freedom, limited government, individual liberty, and a free society than Thomas Sowell. In terms of both his quantity of work (at least 40 books and several thousand newspaper columns) and the consistently excellent and crystal-clear quality of his writing, I don’t think any living free-market economist even comes close to matching Sowell’s prolific record of writing about economics. And I don’t think there is any writer today, economist or non-economist, who can match Thomas Sowell’s “idea density” and his ability to consistently pack so much profound economic wisdom into a single sentence and a single paragraph.

Even at 86 years old, Thomas Sowell has remained intellectually active with his syndicated newspaper columns and the publication last year of his 40th book — Wealth, Poverty and Politics: An International Perspective — which was, amazingly, his 13th book in the last decade! To honor Thomas Sowell’s well-deserved retirement from writing his invaluable weekly column for the last quarter century, I present below some of my favorite quotations from Dr. Thomas Sowell (most were featured on a CD post in June on Sowell’s birthday) and a bonus video of the great economist:

1. Knowledge. The cavemen had the same natural resources at their disposal as we have today, and the difference between their standard of living and ours is a difference between the knowledge they could bring to bear on those resources and the knowledge used today.

[Read the full story here, at Carpe Diem Blog » AEIdeas]

2. Obamacare. If we cannot afford to pay for doctors, hospitals and pharmaceutical drugs now, how can we afford to pay for doctors, hospitals and pharmaceutical drugs, in addition to a new federal bureaucracy to administer a government-run medical system?

3. Economics vs. Politics I. Economics and politics confront the same fundamental problem: What everyone wants adds up to more than there is. Market economies deal with this problem by confronting individuals with the costs of producing what they want, and letting those individuals make their own trade-offs when presented with prices that convey those costs. That leads to self-rationing, in the light of each individual’s own circumstances and preferences. Read the rest of this entry »


[VIDEO] Freedom in the 50 States 2015-2016 

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How free is your state? Find out! The Freedom in the 50 States 2015-2016 index from the Cato Institute measures freedom across a range of over 200 policies and across personal, regulatory and fiscal dimensions.

Source: Cato Institute


James Bowman on the Eternal Inaccuracy of the Socialist-Invented Word ‘Capitalism’

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Like life, markets will generally find a way to survive. Socialism can harass and suppress what it calls capitalism—now, often just by calling it capitalism—but it can never replace it.

James Bowman writes: They’re demonstrating in Seattle about “capitalism” again. Young people, presumably of the hip variety now famed for supporting Bernie Sanders, rioted there on May Day.

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“You’ve got to wonder how, for all those centuries, nobody realized that they were either oppressed or oppressing merely by marrying and having children—just as it never occurred to either employers or employees that they were part of a system, whether called ‘capitalism’ or something else, until patently self-interested socialist theorists came up with a rival system that, they said, would solve all their problems.”

The Seattle Times reported nine arrests and several injuries to police, including one officer who was bitten. Meanwhile, James Pethokoukis of the American Enterprise Institutenoting that a recent survey found 51 percent of young people, aged 18–29 described themselves as not supporting capitalism, wondered if the c-word “really isn’t the right word for the free enterprise system, the deep magic that has made America the richest, most powerful nation on Earth.”

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“The system should rather be called ‘technological and institutional betterment at a frenetic pace, tested by unforced exchange among all the parties involved.’ Or ‘fantastically successful liberalism, in the old European sense, applied to trade and politics, as it was applied also to science and music and painting in literature.’ The simplest version is ‘trade-tested progress.’”

I hope it will not sound immodest in me if I mention that this is what I have been saying for years. As I wrote back in June of 2002, “capitalism” is simply the socialist word for life. You can tell because even under socialism there is still capitalism, in the form of the black market.

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Like life, markets will generally find a way to survive. Socialism can harass and suppress what it calls capitalism—now, often just by calling it capitalism—but it can never replace it. 514B+AoYlbL._SL250_

[Order Deirdre McCloskey’s book “Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World” from Amazon.com]

You can’t replace an organic growth of human enterprise and ingenuity with a merely theoretical system designed by intellectuals to transform fallen humanity into a perfect society.

Mr Pethokoukis’s point is to promote Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World, by Deirdre McCloskey….(read more)

Source: thenewcriterion.com

 


[PHOTO] Statue of Liberty & One World Trade

Source: punditfromanotherplanet.com


[VIDEO] Penn Jillette on Being Offended: Outtake from ‘Can We Take A Joke?’ 


[VIDEO] Is Capitalism Moral? 

Is capitalism moral or greedy? If it’s based on greed and selfishness, what’s the best alternative economic system? Perhaps socialism? And if capitalism is moral, what makes it so? Walter Williams, a renowned economist at George Mason University, answers these questions and more.


Jesus’plaining

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[VIDEO] The Philosophy of Liberty is Based on the Principle of Self-Ownership

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Texas Dept of Public Safety’s New Tourism Ad

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Today is World Press Freedom Day

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by  尊子 (jun tze) | apple daily @ 3may15

today is world press freedom day


Protect Against Socialistic Regimentation

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Protect Against Socialistic Regimentation (by paul.malon)

 


‘Paris Est Charlie’: L’arc de Triomphe Tonight

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Milton Friedman on Equality

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Umbrella Up, Hong Kong Makes TIME

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[VIDEO] Ayaan Hirsi Ali Speaks at Yale

Womens-rights activist and Islamic critic Ayaan Hirsi Ali spoke at Yale University earlier this week, at the invitation of the university’s William F. Buckley Jr. Program for an event titled “Clash of Civilizations: Islam and the West.” Ryan Lovelace covers the event for NRO