The Myths of Market Failure | Thomas J. DiLorenzo

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  • เผยแพร่เมื่อ 2 พ.ย. 2024

ความคิดเห็น • 16

  • @oceanwaves83
    @oceanwaves83 6 ปีที่แล้ว +13

    Capitalism is blamed repeatedly for problems created by government intrusion into the market, and of course, the "answer" is always more government intrusion. Excellent video.

    • @oceanwaves83
      @oceanwaves83 3 ปีที่แล้ว

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  • @grantl1569
    @grantl1569 5 ปีที่แล้ว +3

    This lecture explains many of the logical holes I've noticed in the the arguments for regulating public utilities and other forms of monopolies.

  • @RAMSEY1987
    @RAMSEY1987 6 ปีที่แล้ว +5

    The head of the UK treasury (chancellor of the Exchequer) Philip Hammond proposed an “Amazon” tax or an online line tax, to help encourage high street retailers regain a foothold, he said the tax system had to be fairer to traditional retailers. Can’t make this stuff up.

  • @kadusa1dl37
    @kadusa1dl37 6 ปีที่แล้ว +8

    " Nirvana Fallacy "
    Translates into " Cognitive dissonance " in the real world .
    " Living the dream " as it were

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      @zakaiishaan9916 3 ปีที่แล้ว

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    • @josephwalker484
      @josephwalker484 3 ปีที่แล้ว

      @Zakai Ishaan instablaster ;)

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      @zakaiishaan9916 3 ปีที่แล้ว

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    • @zakaiishaan9916
      @zakaiishaan9916 3 ปีที่แล้ว

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    • @josephwalker484
      @josephwalker484 3 ปีที่แล้ว

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  • @Aerroon
    @Aerroon 6 ปีที่แล้ว +1

    Does anybody have a counter-argument to this video? The information presented here seems rather compelling, but I'd love to hear dissenting opinions backed up by data.

  • @kimobrien.
    @kimobrien. 8 หลายเดือนก่อน

    What was the "Real Solution" to the crisis of 2008 let the market crash and then wait for the federal judiciary to sort out the whole mess in bankruptcy proceedings?

  • @KRGruner
    @KRGruner 5 ปีที่แล้ว +1

    Great overview and debunking of "fake" market failures, but it would have been nice to address real market failures, such as activities with large externalities. I know what Hoppe's answer is to that, but it's not convincing. That's a gaping hole in Austrian theory, as far as I am concerned. Not that it has never been addressed at all, but not in enough depth.

  • @TheGerogero
    @TheGerogero 6 ปีที่แล้ว

    Samuellson, Meade, Akerlof, Stiglitz... Name and shame 'em.

  • @kimobrien.
    @kimobrien. 8 หลายเดือนก่อน

    A better title would be myths of market success.