What's Going Wrong in the Stock Market -- Video
Stefan Molyneux of Freedomain Radio is one of the most prominent and most articulate free-market educators today. In this video, he gives a fundamental explanation for the recently experienced stock market woes, which can be traced back to the federal government’s extensive meddling in the stock market in the early 1980s, which brought about a highly “supercharged” stock market unlike anything which would have occurred in a free economy. The current stock market and the short-term-oriented corporate mentality which accompanies it is not a product of freedom, voluntarism, or “capitalism run amok.” Rather, it is a direct consequence of the perverse incentives generated by federal government intervention.
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Stefan Molyneux is a former software entrepreneur and holds a Master’s Degree from the University of Toronto, where he studied philosophy, economics, history, and other subjects. He also studied at the National Theatre School of Canada, as well as at York and McGill universities. Mr. Molyneux has lived in Ireland, England, Africa and Canada and is now a full-time Internet philosopher. His program, Freedomain Radio is the largest and most popular philosophy show on the web, and was a Top 10 Finalist in the 2007 & 2008 Podcast Awards.
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Learn about Mr. Stolyarov's novel, Eden against the Colossus, here.Read Mr. Stolyarov's comprehensive treatise, A Rational Cosmology, explicating such terms as the universe, matter, space, time, sound, light, life, consciousness, and volition, here.