Trade is war, all against all, dog eat dog. Just look at the size of the trade deficit. Or look at the iPhone. Even that is made in China. They’re killing us on trade. Dead wrong. In this short video clip, Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains.
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Those who hope for a swift end to Cuban communism
should be careful that they don’t throw the baby out with the bathwater,
literally. Infant mortality in Cuba is famously low, even lower than in the US.
Dead Wrong. Free To Choose Media Executive Editor and Cato
Institute Senior Fellow Johan Norberg explains.
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Free trade means that we buy the cheapest goods no matter how it is produced. Even if the goods are produced by the cheapest labor: children. You consume, and another child suffers. Luckily, that is Dead Wrong. In this short video clip, Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains.
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It’s been an awful financial crisis, but luckily central banks have saved our economy by flooding the markets with easy money. Now it won’t happen again. I’m sorry to disappoint, but that’s probably Dead Wrong. In this short video clip, Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains.
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The terrorists strike again, and no one is safe. They don’t just threaten our lives, they threaten our societies. It’s time that we strike back, with all possible means, without restraint. Dead Wrong! In this short video clip, Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains.
Massive leaks have revealed how the rich hide their money in tax havens. Therefore they expose the greed and immorality at the heart of global capitalism. Dead Wrong! In this short video clip, Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains.
It’s bizarre that we are now suddenly supposed to trade with vicious dictatorships like Cuba and Iran. Don’t we have a responsibility to try and undermine these despots, with trade sanctions? Dead Wrong! In this short video clip, Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains.
Last month President Obama spoke to a group in Argentina and said the following:
"So often in the past there's been a sharp division between left and right, between capitalist and communist or socialist. And especially in the Americas, that's been a big debate, right? Oh, you know, you're a capitalist Yankee dog, and oh, you know, you're some crazy communist that's going to take away everybody's property … I mean, those are interesting intellectual arguments, but I think for your generation, you should be practical and just choose from what works. You don't have to worry about whether it neatly fits into socialist theory or capitalist theory – you should just decide what works," said President Obama.
What works, eh? We don't need to look further than China to see a dramatic shift from socialism to free-market principles. See a great explanation of this shift in our newest film series, The Real Adam Smith: A Personal Exploration by Johan Norberg.
This quote summarizes the point nicely:
"After Mao died, both the Chinese leaders and the Chinese people recognized that socialism didn't work … They gradually opened up the economy, allowed private sector to enter in one industry after another, and of course, once the private enterprises entered any sector, they quickly out-performed state enterprises." – Ning Wang, professor of economics at the Ronald Coase Institute and co-author of the book How China Became Capitalist.
Want to hear more? The entire film is available to stream online at www.freetochoose.tv. Sharing free-market principles is just a Facebook post or tweet away! We would be thrilled if you shared this clip or your own favorite Free To Choose Network video with your friends.
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The Real Adam Smith is airing in these cities starting Thursday until Monday - be sure to tune in!
Portales, New Mexico residents - tune into station KENW on Thursday 4/14/2016 at 1:00 AM MT to catch this broadcast.
San Antonio, Texas residents - tune into station KLRN on Thursday 4/14/2016 at 4:00 PM CT to catch this broadcast.
San Mateo, California residents - tune into station KCSM on Thursday 4/14/2016 at 3:00 PM and 4:00 PM PT to catch this broadcast.
San Antonio, Texas residents - tune into station KLRN on Saturday 4/16/2016 at 3:30 AM CT and again on Monday 4/18/2016 at 2:00 AM CT to catch this broadcast.
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The middle class is being squeezed. US wages have not increased since the 1970s. If we had just slowed down the pace of technological change, and exposed our companies to less global competition, we would all have benefited. Dead Wrong! In this short video clip, Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains.
Many people claim the U.S. should be more like Sweden and give more benefits. Should we? In this short video clip, Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg explains how Sweden became successful first, and how expanded government actually pulled them down.
To see more Dead Wrong videos with Johan, click here.
The clothes we wear condemn millions to a life of working in a sweatshop in countries like Cambodia and Bangladesh. It’s embarrassing that we walk around in fancy clothes made by poor people who work long hours for little money. We should all be ashamed, shouldn’t we?
Tomorrow India kicks off its Make In India Week (February 13th - 18th). India's economy is growing at a rapid pace! We recognize India's resurgence, and our film India Awakesshows how Indians are moving ahead. If you haven't seen the film yet, be sure to check it out here.