134 Views

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Published Apr 24, 2015

Find LearnLiberty on Facebook: http://on.fb.me/X9qijGIn this video, Professor Steve Horwitz advocates for free market economic policy. He refutes the often recited claim that "What is good for General Motors is good for America" by explaining that pro-business legislation encourages behavior that is not beneficial to society or the business itself. He suggests that, in a free market, factors such as profit and competition encourage behavior that ultimately benefits society. Professor Horwitz illustrates that pro-business legislation restricts progress and therefore caters to the interests of industry rather than to consumers, whereas "supporters of free markets are ultimately pro-human and pro-people because it is through markets that we get the most innovation and we get the most goods and the cheapest prices."Find LearnLiberty on...Twitter: http://bit.ly/RBl3WvFacebook: http://on.fb.me/X9qijGOur Website: http://bit.ly/RBl3FH

Category: Education

Be the first to comment

Sign in

Create your account

Add Video

Up Next