Weekly Web Gems

Ten things . . . that economists won’t tell you, but WSJ’s Quentin Fottrell will.

Capitalism or Imperialism? (4:17) . . . Many people believe capitalism and imperialism are the same thing or at least closely related. Professor Stephen Davies explains the misconception. While capitalism is based on voluntary exchange and benefits to all parties, imperialism is based on exploitation and the exercise of political power, generally backed by a military force.

Does a stronger military makes us safer? (1:32) . . . “Absolutely maybe not,” says George Mason’s Bryan Caplan. Citing modern military examples such as the Soviet Union and China. More military means more war. This is a debate excerpt between Caplan and Temple University’s Jan Ting.

And here’s the rest . . . of the debate; This is a fascinating and well-balanced discussion on the utility of war.

This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.