#32 EAMONN BUTLER - Capitalism, Liberalism, Free Markets, Negative Income Tax, The 2008 crisis.

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Eamonn Butler is Co-Founder & Director of the Adam Smith Institute, a leading think tank in the UK. He holds degrees in economics and psychology, a PhD in philosophy, and an honorary DLitt. A former winner of the Freedom Medal of Freedom’s Foundation at Valley Forge and the UK National Free Enterprise Award, Eamonn is also former Secretary of the Mont Pelerin Society. Butler is the author of many books, including introductions on the pioneering economists Adam Smith, Milton Friedman, F. A. Hayek, and Ludwig von Mises. He has also published primers on Classical Liberalism, Public Choice, Magna Carta, the Austrian School of Economics, and great liberal thinkers, as well as The Condensed Wealth of Nations and The Best Book on the Market. His Foundations of a Free Society won the 2014 Fisher Prize. (https://en.wikipedia.org/wiki/Eamonn_Butler)

TIMESTAMPS

00:00 - Introduction and Eamonn's Life Story

09:56 - How should Healthcare be provided?

12:29 - Cartels, Monopolies and Competition

16:50 - How should Education be provided?

26:16 - What is Negative Income Tax?

32:55 - Universal Basic Income & ArtificiaI Intelligence

39:40 - People Attacking Ideas They Normally Defend - Free Market Capitalism

48:10 - Inheritance Tax

49:55 - The 2008 crisis! Was it proof that we can't trust free markets?

1:01:10 - Are unions valid market forces?

1:04:36 - Are CBDCs (Central Bank Digital Currencies) authoritarian?

1:06:40 - Is the Oxford "15 minute city" a terrible idea?

1:11:00 - Difference between a "conservative" and a "liberal" in the UK?

1:12:55 - Is The Royal Family more useful with King Charles?

REFERENCES

The Adam Smith Institute

https://www.adamsmith.org/

Negative Income Tax

https://en.wikipedia.org/wiki/Negative_income_tax#:~:text=In%20economics%2C%20a%20negative%20income,blue%20arrows%20in%20the%20diagram.

Anatomy of a Train Wreck (Why 2008 can be blamed on regulation)

https://www.independent.org/pdf/policy_reports/2008-10-03-trainwreck.pdf

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