Jordan Peterson on Austrian Economics: Free Markets Are “Profoundly Equitable”

Jordan Peterson is a Canadian psychologist, lecturer, and intellectual with a comparative advantage in enraging the left-establishment elites. That’s a valuable trait on its own, but Peterson’s more profound contributions to cultural and intellectual life in the 2010s and 2020s lay in his YouTube lectures, books (primarily 12 Rules for Life and the recent Beyond Order), and public lectures that have drawn millions of people for deep conversations about biblical stories.

How Fully Private, No-Insurance Hospitals Help the Common Man

How does one make an economic decision when the price of a good is not evident? To any adherent of the Austrian school, this of course is impossible. There is no way to decide whether to purchase something if the only way of knowing the price is after committing. For example, who would fill up their car only to see what the price was at the end? No one. In no aspect of life would this make sense, yet it is the standard in the American healthcare system.