Chapter 7. The Ethical Justification of Capitalism and Why Socialism Is Morally Indefensible
Pages 151–172 in the text.
Interventionism
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Michel Accad, MD, Leads Bob on a Discussion of “Efficiency” and “Market Failure” as Used in Health Economics
Bob Murphy and Michel Accad discuss the development of “welfare economics” in mainstream theory.
New Study Finds a Modest Carbon Tax Would Hurt All Humanity for Two Generations
To borrow a line from Al Gore, this strikes me as a “risky scheme.”
Karl Smith Defends Keynesian Stimulus and Carbon Taxation
Bob Murphy has a friendly discussion and debate with Karl Smith.
The Righteous Bosses of the New Deal
In much of America, the New Deal was run by a small number of very powerful political bosses.
Tucker Carlson Wants Affirmative Action for American Workers
Bob Murphy disagrees with Tucker Carlson's unambiguous approval of Elizabeth Warren’s call for “economic nationalism”.
Skidelsky’s Push for Modern Mercantilism
Skidelsky manifests an inordinate distaste for money and “greed.” Far better in his eyes is the pursuit of power by the State, even at the cost of wars and massive public debt. Some of us will not agree.
