free market economy

Shermer and Oreskes discuss: the myth of market magic • market fundamentalism • market absolutism • market essentialism • capitalism and democracy • well-regulated vs. poorly regulated capitalism • U.S. Constitution and capitalism • what the founding fathers believed about markets • what Adam Smith really said about markets and capitalism and how economists rewrote Adam Smith • why markets need regulation in the same way sports need rules and referees • rhetorical fallacies of market fundamentalists • child labor laws • bank failures • Sherman Anti-Trust Act of 1890 • Ludwig von Mises, Friedrich Hayek, Milton Friedman • religion and capitalism • think tanks • collective action problems.

In episode 194, Michael Shermer speaks with John Mackey, Founder and CEO of Whole Foods Market and author of Conscious Capitalism and Conscious Leadership. Mackey’s goal is to write a new narrative for capitalism that asks us to care about customers and human beings instead of data points on a spreadsheet.
In episode 194, Michael Shermer speaks with John Mackey, Founder and CEO of Whole Foods Market and author of Conscious Capitalism and Conscious Leadership. Mackey’s goal is to write a new narrative for capitalism that asks us to care about customers and human beings instead of data points on a spreadsheet.

In episode 184 of Michael Shermer’s podcast, Michael speaks with Alexander Green about one of the most important and yet poorly understood concepts in modern society: money and why it matters.
In episode 184 of Michael Shermer’s podcast, Michael speaks with Alexander Green about one of the most important and yet poorly understood concepts in modern society: money and why it matters.

In episode 162 of The Michael Shermer Show, Michael speaks with one of the nation’s preeminent experts on economic policy, Benjamin Friedman, about his new book Religion and the Rise of Capitalism — a major reassessment of the foundations of modern economic thinking that explores the profound influence of an until-now unrecognized force — religion.
In episode 162 of The Michael Shermer Show, Michael speaks with one of the nation’s preeminent experts on economic policy, Benjamin Friedman, about his new book Religion and the Rise of Capitalism — a major reassessment of the foundations of modern economic thinking that explores the profound influence of an until-now unrecognized force — religion. PLUS: The Skeptic Research Center asks “Why Are People Misinformed About Fatal Police Shootings?” and Michael Shermer review Science and the Good: The Tragic Quest for the Foundations of Morality.
In this lecture based on his new book, How the Economy Works, one of our leading economists, the UCLA professor Roger Farmer, provides a jargon-free exploration of the current crisis, offering a powerful argument for how economics must change to get us out of it.