Foundational Concepts in Economics: 11: Free Market Incentives Foster Service to Others
Listen now
Description
Baetjer argues that the incentives inherent in market institutions outperform the incentives inherent in state institutions in getting people to properly consider the well-being of others when they act.
More Episodes
Baetjer illustrates the harmful effects of economic regulations and argues that we ought to instead prefer economic liberty.
Published 05/15/17
The trial-and-error based profit and loss mechanism, says Baetjer, is an indispensable tool for guiding discovery and innovation in the economy.
Published 05/15/17
Continuing his discussion of prices, Baetjer explains what can go wrong when outside interference prevents genuine market prices from emerging.
Published 05/15/17
Links
No website
Twitter
Facebook
Instagram
Patreon
Genres
Artwork or description wrong?
Request an update »
Updates may take a few minutes.
Do you host a podcast?
Track your ranks and reviews from Spotify, Apple Podcasts and more.
See hourly chart positions and more than 30 days of history.
Get Chartable Analytics »
See hourly chart positions and more than 30 days of history.
