economics
Anti-Americanism and Anti-Capitalism by Nikos Sotirakopoulos
When America was attacked by terrorists on September 11, 2001, Greece was among the countries with the strongest anti-American sentiment, together with the likes of Pakistan and Iran. At the same time, it was one of the few remaining countries with a strong Communist Party, and with leftist ideas having a significant pull in society. Why do anti-Americanism and anti-capitalism go hand in hand? Why are both prevalent among modern European culture? How can societies that have contributed to and benefitted from the achievements of the West share such an animosity towards the ideas that made them great? In this talk, Nikos Sotirakopoulos, will interrogate the above questions, and the links between anti-Americanism and anti-capitalism, by drawing on his own experience from his years in the radical left.
Recorded live at Ayn Rand Con Europe 2023
Is Inequality Fair? by Yaron Brook
We’re told that the gap between the poor and the rich has widened. Many decry the “injustice” of income and wealth inequality. But is it actually a problem and are the proposed remedies truly just? What is a fair “distribution” of income and wealth? Yaron Brook takes on these and related issues and argues that a genuinely laissez-faire capitalist society is, in fact, the only system of fairness, that is, justice.
Recorded March 5, 2014
Why Bad Economics Won’t Go Away by Yaron Brook
Why is it that people don’t seem to learn from experience? It is clear that our existing Keynesian economic policies have failed miserably. We can compare controlled economies with those less controlled, and compare more regulated sectors of our own economy with those sectors that have fewer regulations. Logic and history are on the side of those economists who have advocated for free markets. Why do those who advocate sound economic policies continue to fail in substantially rolling back government intervention in the economy? It would seem so easy.
In this talk, delivered on December 1, 2011, at Hyatt Regency Hotel in Chicago, Yaron Brook, executive director of the Ayn Rand Institute, identifies the reasons people find the free-market idea so difficult to accept and why statist policies seem to make so much sense to them. He identifies why we have been losing this intellectual battle, and provides real solutions on how to make significant headway toward ending these bad economic policies, allowing us to achieve more freedom and prosperity.
Criminalizing Economic Inequality through the Prohibition on Insider Trading by Kevin Douglas
Mr. Douglas will describe how insider trading laws criminalize several forms of economic inequality. Property law generally protects a business owner’s freedom to profit from trade secrets and business opportunities, and by setting prices. By contrast, the prohibition on insider trading undermines the usefulness of information for its owners and treats less informed investors as victims of investors with information advantages. The result is a system of regulation that actively redistributes and even nullifies investors’ wealth—all in the name of protecting property rights in information.
Recorded live on July 5, 2022 as part of the Objectivist Summer Conference.
The Dollar and the Gun Under Xi Jinping’s Dictatorship with Scott McDonald, Adam Mossoff, and Elan Journo
Rapid economic opening and growth since the 1980s led many to expect the People’s Republic of China (PRC) to undergo political liberalization and assume a business-friendly environment. This panel will explore contemporary conditions in the Communist Party–ruled state and seek answers to the coming challenges posed by its approach to economics: What are the implications for foreign corporations investing in the PRC? What risks do they face to their intellectual property? How is the Party leveraging technology for geopolitical gain?
Recorded live on July 6, 2022 as part of the Objectivist Summer Conference.
Wealth Creators: The Forgotten Victims of Cronyism by Steve Simpson
Critics of cronyism typically describe the problem as politicians and businesses conspiring to win government favors at the expense of taxpayers, or the public in general. While this view is not entirely wrong, it misses important aspects of the problem and does a grave injustice to businessmen who succeed through production rather than pull. This talk, by Ayn Rand Institute director of Legal Studies Steve Simpson, untangles the confusion about cronyism and explains why its biggest victims are businessmen.
This talk was delivered at Objectivist Summer Conference 2017 in Pittsburgh, Pennsylvania, on Sunday, June 11, 2017. He is joined in the question period by Gregory Salmieri, who teaches philosophy at Rutgers University and is a fellow at the Anthem Foundation for Objectivist Scholarship.
Free Trade, Immigraton and Robots, Oh My! by Yaron Brook
One of the biggest threats America faces—we are told—is the assault on our workforce: the loss of American jobs to immigrants, to foreign competition fueled by free trade, and even to technology that will make all kinds of jobs obsolete. In this talk the Ayn Rand Institute’s executive chairman, Yaron Brook, argues that this fear is entirely misplaced—that a proper grasp of the virtue of productiveness shows that far from fearing and opposing free trade, immigration and robots, we should be eagerly embracing all three.
This talk was delivered on Thursday, June 15, 2017, at Objectivist Summer Conference 2017 in Pittsburgh, Pennsylvania. Brook is joined onstage for the Q&A period by Onkar Ghate, ARI senior fellow and chief content officer.
Yaron Brook and David Pakman Debate: “Is Capitalism Moral?”
The second of four debates between Yaron Brook and David Pakman. This debate covers the question: “Is Capitalism Moral?”
Fighting Socialism in Latin America with Gloria Alvarez, Yaron Brook and Agustina Vergara Cid
Recorded Live, Monday June 24th, 2019
Tribalism in Economics by Yaron Brook
Popular discussions of economics—with their focus on macroeconomic factors such as GDP, total unemployment, total jobs numbers, etc.—often reflect a collectivist mindset. This contributes to the America-versus-the-world tribalism inherent in today’s calls for tariffs and immigration restrictions. By contrast, the individualist approach embraces economic freedom and global trade.
This video was recorded at AynRandCon in Atlanta, Georgia, on November 3, 2018.
Free Speech and the Internet by Yaron Brook
In recent years, the internet has become the focus of debates about free speech, and the issue is rapidly coming to a head.
The internet provides a platform to bring people closer together and to empower individuals by enabling new voices to be heard and sparking the formation of new communities and new movements. But some of these communities are rife with hatred and bullying, and there are worries that social media is coarsening our political discourse. Many people think that social media outlets have too much power over how we speak and interact on the internet and that more government oversight is needed.
Where does this leave the idea of free speech? What sorts of speech should be permitted and prohibited online? And who should decide?
Patrick Bet-David Interviews Yaron Brook
In this video, recorded at Objectivist Summer Conference 2018, Patrick Bet-David interviews Yaron Brook to discuss Objectivism and Capitalism. Brook responds to questions such as: Is Objectivism a philosophy for elitists? Is it sustainable to run a nation based on this philosophy? How is world peace achieved? Has religion done more good or bad for the world? Was Ayn Rand’s move to America as a young woman a “leap of faith”? What would the world look like if everyone accepted Objectivism? Does the virtue of selfishness work in every aspect of life? And more. . . .
Yaron Brook is chairman of the board of the Ayn Rand Institute and travels extensively as ARI’s spokesman.
Brook can be heard weekly on The Yaron Brook Show, which airs live on the BlogTalkRadio podcast. He is also a frequent guest on national radio and television programs. He is the coauthor, with Don Watkins, of the national best-seller Free Market Revolution; How Ayn Rand’s Ideas Can End Big Government and of Equal Is Unfair: America’s Misguided Fight Against Income Inequality.
Brook serves on the boards of the Ayn Rand Institute, the Clemson Institute for the Study of Capitalism and CEHE (Center for Excellence in Higher Education), and he is a member of the Association of Private Enterprise Education and the Mont Pelerin Society.
Mr. Bet-David is passionate about shaping the next generation of leaders by teaching entrepreneurship and disrupting the traditional approach to a career. His popular YouTube videos “The Life of an Entrepreneur” and others are available on Valuetainment, a channel for entrepreneurs. He has hosted one-on-one interviews with NBA Hall of Famers James Worthy and Magic Johnson; author Robert Greene; entrepreneur and NBA team owner Mark Cuban; Indy-500 winner Al Unser Jr. and Apple co-founder Steve Wozniak.
What It Means to Be Selfish in Life and in Politics: Yaron Brook at Exeter University
In this talk, Yaron Brook discusses what it means to be selfish, what role selfishness has in politics, and how selfishness contributes to creating a happy productive life.
This talk was streamed live from Exeter University on November 13, 2018.
What Is Killing Western Civilization? with Douglas Murray, Claire Fox and Yaron Brook
Cultural observers have often noted that Europe — and, more broadly, Western civilization — despite historically unprecedented success, is in danger of losing itself. But what exactly is being lost, and why? And what can be done about it?
In a recent panel discussion entitled “What Is Killing Western Civilization?,” Yaron Brook (chairman of the board of the Ayn Rand Institute) and Douglas Murray (author of The Strange Death of Europe: Immigration, Identity, Islam) met at the Institution of Mechanical Engineers lecture theatre in central London to discuss the future of Western civilization in the context of its own identity crisis and the growing trend of immigration to the West from those outside it — and, in some cases, hostile to it. The panel, moderated by Claire Fox (director and founder of Academy of Ideas), addressed such questions as:
- What is Western civilization?
- What is the nature of the crisis that the West faces?
- How should one think about immigration in today’s world?
Elevating the Dialogue: Overcoming Today’s Intellectual Abyss with Sargon of Akkad and Gregory Salmieri
The political climate in the West, described by some as toxic, is deteriorating rapidly. The worse it gets, the more we hear about the conflation of speech and action, that words lead to violence, and that government should step in.
How serious are the problems around modern political discourse, such as trolling and de-platforming, and what is the best way to bring about constructive discussions on controversial topics?
This event was recorded live in London on October 12, 2018.