The paternalistic welfare state has failed to create a reliable social safety net. Decentralized, voluntary institutions can do the job better.
Justice, prosperity, responsibility, tolerance, cooperation, and peace.
Many people believe that liberty is the core political value of modern civilization itself, the one that gives substance and form to all the other values of social life. They're called libertarians.Start Exploring What is Libertarianism?
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- 47 min 14 sec
Many economists use statistics to help us understand how markets operate. Without assuming any prior mathematical knowledge, Antony Davies introduces some of the measures and methods used by economists in their work.
Antony Davies is associate professor of economics at Duquesne University and Mercatus Affiliated Senior Scholar at George Mason University.