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The amazing Free Market – with Professor Walter Block

01/01/2020 by Nigel Howitt Leave a Comment

http://traffic.libsyn.com/lawfulrebel/LOTM_Walter_Block_and_Free_markets.mp3

Podcast: Play in new window | Download (Duration: 55:46 — 63.8MB)

The free market is a beautiful thing. The voluntary actions of individuals exchanging value for value according to mutual consent benefits all parties. Yet these days the myth is perpetuated that the free market is somehow harmful or to be feared. It will either destroy the environment or cause all manner of social ills. But the evidence shows us again and again that a free market solves human problems far better than a managed economy.

In Episode 98 of “Living outside the Matrix” Professor Walter Block of Loyola University New Orleans shares his vast knowledge and unique perspective to clear up some of the confusion and fears surrounding the free market. Dr Block is an Austrian school economist and a Libertarian.

The Free Market Solution

In the interview he describes how property rights and a lack of government regulations result in the best preservation of property and facilities overcoming the problem of the commons, and also the best services provided by private enterprise. The real beauty is that it is achieved with no force or coercion at all. The non-aggression principle is a key foundation stone of a civilised society, and it is the central principle free market economics.

If you wish to learn more about the free market and Austrian economics check out my interview with Dr Mark Thornton in Episode 31 of “Living outside the Matrix”, The economics of peace and abundance with Dr Mark Thornton.

Dr Block highly recommends the Von Mises Institute as a very useful resource for an education about  the free market, property rights and the non-aggression principle in action. He also recommends these two books

“Economics in One Lesson” by Henry Hazlitt

“Atlas Shrugged” by Ayn Rand

Walter Block can be contected at www.walterblock.com

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Why not subscribe to the newsletter (in the adjacent sidebar). This will bring challenging new ideas direct to your inbox every month. I share a “Duff steer of the month” plus a “lifestyle choice tip of the month” as well as keeping you up-to-date on future events such as our annual ‘Living outside the Matrix Festival‘ to be held July 18th and 19th 2020.

Please feel free to join the conversation and comment below.

Nigel Howitt

Treehouse Farm

January 2020

Filed Under: Blog, Economics, Education, Podcast Tagged With: economics, Free markets, wealth creation

Important information

I am not a medical doctor, lawyer or financial adviser. I do not offer medical, legal or financial advice on lawfulrebel.com. However, I research issues extensively and follow evidence to find truth. I speak from my experience of asking root-cause questions and discovering surprising truths. I write about and share what I choose to do as a result of my own reasoned questioning of the assumptions and conclusions in the mainstream narrative.

I offer value, in my conclusions of truth, to you the thinking individual. Please support me with a donation.

Nigel Howitt

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