Video: Prager U on myths, lies, and capitalism

By LU Staff

True or false: Free enterprise is unfair, it hurts the poor, it’s driven by greed, it breeds envy, and it caused the Great Depression.

Many people would answer “true” to every claim. But in the video below economist and author Arthur Brooks shows why these five claims are false.

Free enterprise helps the poor, lack of free enterprise caused the Depression, and greed and envy have no place in a free market, which is the fairest of all economic systems.

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LU Staff

LU Staff

Promoting and defending liberty, as defined by the nation’s founders, requires both facts and philosophical thought, transcending all elements of our culture, from partisan politics to social issues, the workings of government, and entertainment and off-duty interests. Liberty Unyielding is committed to bringing together voices that will fuel the flame of liberty, with a dialogue that is lively and informative.

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