Many people believe that while freedom of speech is a vital human liberty, economic freedom is entirely separate, merely a distant and inferior relation. This lecture exposes their error by examining the underappreciated implications of free speech on free markets. After isolating the First Amendment’s core concern as intellectual freedom, Smith demonstrates how the mind is the bridge between speech and property—between intellectual activity, on the other hand, and its manifold material rewards, on the other.

Recorded Live in Cleveland on Thursday June 27th, 2019.