America & Mr. Smith – Smith on the Colonies

Smith thought that the Americans were victims of the mercantilist system. That Britain was trying to extract wealth from America and make sure that no wealth went from Britain to America. Smith gets caught up in this debate, and becomes closely involved. The Parliament of Great Britain insists upon taxing the colonies; and they refuse […]

Invisible Hands: What Rules and Institutions are Best for Society?

How the tech revolution has left communities behind

(light music) – So, the three pillars are really the pillars that hold up society. On the one hand, there’s the political pillar: the state, government. There is the economic pillar: markets. And then there is the societal or sociological pillar: communities, people, democracy. And together these pillars, essentially, make our society what it is. […]

Introduction to Business, Government, and Society

>>Hello. Welcome to the business responsibilities in society course. My name is Duncan Pelly, and I’ll be your instructor over the next 15 lessons. In my very biased opinion, this is one of the most interesting courses that you’ll have during your university career because it has just a little bit of something for everyone. […]

The Power of Choice – Mont Pelerin Society

The Soviet Union is actively exporting communism to Eastern Europe. Mao Zedong is leading the communist revolution in China. To noted Austrian economist and eventual Nobel Prize winner, Friedrich von Hayek, these are ominous signs. In the spring of 1947, he invites an elite group of economists, political scientists, historians and other intellectuals including Milton […]

Does Ethnicity Predict Culture? by William Easterly (NYU)

Okay thank you. Welcome everyone. So the question I’m asking in this talk is, does ethnicity predict culture? And we’re gonna see why this is important and what this means exactly. So we – the literature pretty much takes it for granted as I did that culture and ethnicity are kind of matching categories, that […]

How economic inequality might affect a society’s well-being

JUDY WOODRUFF: Anger over economic inequality and its effects is an important theme running through our national politics in both parties now. But just how you gauge the true impacts of inequality on health and happiness is a bit more nuanced than you might think. Our economics correspondent, Paul Solman, dives into some of those […]

The Good Society Episode 3: The Person at the Center of the Economy

When we hear the term economics, we tend to picture charts, graphs and equations. Now the idea that economics is about math is understandable. The news talks about GDP and employment numbers; economists and policymakers talk like astronomers describing the planets, or physicists charting the interaction of atoms; or sadly, engineers optimizing cogs and gears […]

“Politics of a Free Society” by Ayn Rand

miss Rand is it possible to speak in meaningful terms of a political system independent of the economic and social systems that we have discussed in previous programs no it is impossible to speak of a political system independently of economics or vice versa of economics independently of politics let’s identify our terms clearly what […]