Economics and Free Markets: GodArchy Podcast #8

Why should we embrace free-market economics?I’ve had a lot of people tell me we should focus so much on economics. After all, there is more to life than money. We can’t boil down everything to an economic calculation.

And yet these same people vigorously advocate for imposing policies that are fundamentally economic in nature.

Murray Rothbard wrote:

“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”

In this episode of the GodArchy podcast, I attempt to cut through some of that economic ignorance. I cover two fundamental economic truths everybody needs to understand, what it actually means to have a “free market” (it’s not what most people imagine), and why every government intervention is ultimately doomed to fail.

Show Notes

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The Christians for Liberty Network is a project of the Libertarian Christian Institute consisting of shows and hosts offering various perspectives on the intersection of Christianity and libertarianism. Views expressed by hosts and guests do not necessarily reflect the view of the organization, its staff, board members, donors, or any other affiliates (including other hosts or guests on the network). Guest appearances or interviews of any incumbents, officials, or candidates for any political, party, or government office should not be construed as endorsements. The Libertarian Christian Institute is a 501(c)(3) non-profit organization and does not endorse any political party or candidate for any political, government, or party office. For information about the Libertarian Christian Institute’s core values, please visit this page.

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