Tuesday, July 28, 2015

Economics Is About Social Cooperation, Not Money or Greed

-Tom Woods
What is it, fundamentally, that fascinates us about economics? Some people hear economics and think greed. But to the contrary, what fascinates us about economics is the phenomenon of social cooperation, which takes place on a global scale despite the lack of any global authority directing it.

Today’s episode consists of the remarks I recently delivered at the Mises Institute‘s Mises University summer program.

(continue)
RON PAUL NEWS

Create a Link

<< Home