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Does prosperity make for a good life? If not, does it stand to reason that prosperity works against a good life? Why is this issue so problematic for people still today, when the answers embedded in the alleged tension were so apparent to men and women of wisdom so long ago? In this foundational episode, David discusses the recipe for the good life, where prosperity fits in, where it does not, and how stupidity can work to undermine both prosperity, and the good life so many claim to aspire to.
CHAPTERS:
00:00 Introduction to Capital Record
00:20 The Essence of Economics: Vision vs. Self-Interest
01:03 Kevin Williamson's Insight on Prosperity
01:34 The Pilgrims' Lesson on Trade and Prosperity
02:32 The Good Life and Prosperity: A Balanced View
03:37 The Role of Productivity in a Prosperous Society
06:08 Material Wellbeing and the Good Life
08:58 The Fallacies of Anti-Trade Sentiments
09:26 Conclusion: Returning to True Wisdom
#thegoodlife#economicprosperity#freemarkets…...more
Does prosperity make for a good life? If not, does it stand to reason that prosperity works against a good life? Why is this issue so problematic for people still today, when the answers embedded in the alleged tension were so apparent to men and women of wisdom so long ago? In this foundational episode, David discusses the recipe for the good life, where prosperity fits in, where it does not, and how stupidity can work to undermine both prosperity, and the good life so many claim to aspire to.
CHAPTERS:
00:00 Introduction to Capital Record
00:20 The Essence of Economics: Vision vs. Self-Interest
01:03 Kevin Williamson's Insight on Prosperity
01:34 The Pilgrims' Lesson on Trade and Prosperity
02:32 The Good Life and Prosperity: A Balanced View
03:37 The Role of Productivity in a Prosperous Society
06:08 Material Wellbeing and the Good Life
08:58 The Fallacies of Anti-Trade Sentiments
09:26 Conclusion: Returning to True Wisdom
#thegoodlife#economicprosperity#freemarkets…...more