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Economic Theory


Most modern Libertarians subscribe to laissez-faire or “free-market” capitalism. Despite widespread criticism of “free-market” principles by economic theorists such as Paul Krugman, history has shown, without a doubt, the destructive force of government intervention, Keynesian economic policies and the actions of the Federal Reserve pose to the American people. 




 

Instead of rehashing hundreds of articles concerning the differences between “saltwater” and “freshwater” schools of thought, I've decided to make available a few influential videos of notable Libertarians an Capitalists such as Ron Paul, Milton Friedman, Ayn Rand (though, Rand despised Libertarians of her time) and others. 


History of Austrian Economic Theory (2 hour lecture--not for the faint of heart)

  



Milton Friedman (Discussing free markets, socioeconomic issues, role of government and historical points of interest)

 









Ayn Rand (Philosopher)





Federal Reserve (History, fractional reserve banking and general criticisms)








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