Milton Friedman - Who Benefits From Licensing?

Professor Milton Friedman identifies the beneficiaries of licensing requirements. “Of course, you might say that the plumbers know better than anybody else why the customers need protection, but I doubt very much that that's why they are down at the state house. They are down there because they want to be protected against “unfair” competition. You know what unfair competition is. It's anybody who charges less than you do.”

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Milton Friedman - Ko ima korist od licenciranja?

Profesor Milton Friedman identifikuje korisnike propisa za licenciranje. "Naravno, mogli bismo reći da vodoinstalateri znaju bolje nego iko drugi zašto je potrošačima potrebna zaštita, ali ja sumnjam da je to razlog ​zašto oni posjećuju državne institucije. Oni su tamo jer žele da budu zaštićeni od "nelojalne" konkurencije. A vi znate šta to nelojalna konkurencija. To je svako ko naplaćuje manje od vas". 

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Essential Hayek: Economic Booms and Busts

In this video, we explore Hayek's work on economic booms and busts, for which he was awarded a Nobel Prize in Economics in 1974. Hayek points out that a common mistaken conclusion about the larger economy is that economic downturns—recessions—are caused by too little overall demand. A follow-up mistaken conclusion is that the appropriate cure for recessions is a set of government policies that increase demand. This is part of a Fraser Institute project to present the ideas of F.A. Hayek. Presented by Donald J. Boudreaux.  Source: The Fraser Institute YouTube channel.

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Esencijalni Hayek: Ekonomski usponi i padovi

U ovom videu istražujemo Hayekov rad na ekonomskim usponima i padovima, za koje je dobio Nobelovu nagradu za ekonomiju 1974. godine. Hayek ističe da učestao pogrešan zaključak o većoj ekonomiji je da su ekonomski padovi - recesije - uzrokovane premalom ukupnom potražnjom. Na to se nadodaje slijedeći pogrešan zaključak da je odgovarajući lijek za recesije skup vladinih politika koje povećavaju potražnju.

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Who Really Pays Business Taxes?

Who really pays business taxes? It’s the people, one way or another. Watch Nobel Prize winning economist Milton Friedman poke holes the argument that business taxes and personal taxes are separate. This video is part of a Milton Friedman lecture on tax reform. The whole lecture can be watched here. Source: Free To Choose Network YouTube channel.

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Ko doista plaća korporacijske poreze?

Ko doista plaća korporacijske poreze? Plaćaju ih ljudi, na ovaj ili onaj način. Pogledajte kako nobelovac i ekonomista Milton Fridman testira argument da se porezi na korporacije i lični porezi razlikuju.

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The Free Market is a Jungle

"The free market is a jungle, it’s beautiful and brutal and should be left alone. When a business fails it dies and a new better business takes its place."  

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Slobodno tržište je džungla

"Slobodno tržište je džungla, ono je divno i brutalno i treba ga ostaviti na miru. Kada biznis ne uspije on propadne i na njegovo mjesto dolazi novi bolji biznis." Ron Swanson o kapitalizmu. Kreirano za edukativne svrhe.

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Why Capitalism Works?

Cultural depictions of capitalism are almost all negative. There's the Monopoly guy with the top hat and cigar. There's Gordon Gekko saying, "Greed is good." And, most recently, there's the hedonism of the "Wolf of Wall Street". The message is clear: capitalism is selfish. Socialism, or something like it, is selfless. In fact, the opposite is true. Renowned social critic George Gilder offers this startling insight: capitalism, at its core, is first an expression of altruism; that is, of giving. An entrepreneur can only succeed by satisfying a customer's need. This is why capitalism, and only capitalism, can create the prosperity that all societies crave and why all other economic prescriptions are doomed to failure.

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Zašto kapitalizam funkcioniše?

Kulturna oslikavanja kapitalizma su gotovo sva negativna. Na primjer, tu je Monopolski lik sa cilindričnim šeširom i cigarom. Zatim tu je Gordon Gecko koji kaže: "Pohlepa je dobra stvar." I od nedavno, tu je hedonizam "Vuka Wall Street-a." Poruka je jasna: kapitalizam je sebičan. Socijalizam, ili nešto slično tome, je nesebičan. U stvari, istina je suprotna. Poznati društveni kritičar George Gilder nudi slijedeći potresan uvid: kapitalizam, u svojoj srži, je prvi izraz altruizma; što znači, izraz davanja. Preduzetnik može uspjeti samo zadovoljavajući potrebama kupca. To je razlog zašto kapitalizam, i samo kapitalizam, može stvoriti prosperitet za kojim žude sva društva, i zašto su svi ostali ekonomski sistemi osuđeni na neuspjeh.

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