Wintery Knight

…integrating Christian faith and knowledge in the public square

Dr. Jennifer Roback Morse lectures on basic economics

Here is a podcast on basic economics from Dr. Jennifer Roback Morse.

About the speaker:

Jennifer Roback Morse, Ph.D. is the founder and President of the Ruth Institute — a project of the National Organization for Marriage — which seeks to promote life-long married love to college students by creating an intellectual and social climate favorable to marriage.

She is also the Senior Research Fellow in Economics at the Acton Institute for the Study of Religion and Liberty.

She is the author of Smart Sex: Finding Life-long Love in a Hook-up World, (2005) and Love and Economics: Why the Laissez-Faire Family Doesn’t Work (2001), recently reissued in paperback, as Love and Economics: It Takes a Family to Raise a Village.

Dr. Morse served as a Research Fellow for Stanford University’s Hoover Institution from 1997-2005. She received her Ph.D. in economics from the University of Rochester in 1980 and spent a postdoctoral year at the University of Chicago during 1979-80. She taught economics at Yale University and George Mason University for 15 years.

The MP3 file is here.

Topics:

  • The study of economics is anti-postmodern – there is objective truth independent of what people think
  • The study of economics believes in fixed principles of human nature
  • Economics studies the allocation of scarce resources that have alternative uses
  • Economics studies how people exchange resources
  • How both people who engage in a voluntary trade always believe that they will be better off
  • How both people who engage in a voluntary trade both benefit from the exchange
  • How incentives motivate people to act
  • Understanding supply and demand
  • Understanding how “free” government services are rationed
  • Understanding opportunity costs
  • How prices signal producers to produce more or less, and consumers to buy or not buy
  • Market-driven prices versus price controls
  • The role of substitution
  • The necessity of allowing failure in a free market

The requirements of economic growth:

  • private property
  • contracts
  • the profit motive
  • competition
  • free trade
  • entrepreneurship, creativity and innovation
  • the rule of law

If you want to learn more about basic economics, I recommend picking up a book or two by Thomas Sowell – the first book I usually give away is “Intellectuals and Society”, and then next “Basic Economics”.

Filed under: Podcasts, , , , , , , , , , , , , , , , , ,

A lecture on basic economics by Dr. Jennifer Roback Morse

Dr. Jennifer Roback Morse

Dr. Jennifer Roback Morse

Dr. Jennifer Roback Morse, former professor of economics at Yale University and George Mason University, gave a lecture on basic economics.

The MP3 file is here.

Topics:

  • The study of economics is anti-postmodern – there is objective truth independent of what people think
  • The study of economics believes in fixed principles of human nature
  • Economics studies the allocation of scarce resources that have alternative uses
  • Economics studies how people exchange resources
  • How both people who engage in a voluntary trade always believe that they will be better off
  • How both people who engage in a voluntary trade both benefit from the exchange
  • How incentives motivate people to act
  • Understanding supply and demand
  • Understanding how “free” government services are rationed
  • Understanding opportunity costs
  • How prices signal producers to produce more or less, and consumers to buy or not buy
  • Market-driven prices versus price controls
  • The role of substitution
  • The necessity of allowing failure in a free market

The requirements of economic growth:

  • private property
  • contracts
  • the profit motive
  • competition
  • free trade
  • entrepreneurship, creativity and innovation
  • the rule of law

If you like this podcast, you can take a look at Thomas Sowell’s textbook on “Basic Economics“. Highly recommended!

Filed under: Podcasts, , , , , , , , , , , , , , , , , ,

MUST-LISTEN: Dr. Jennifer Roback Morse explains basic economics!

Wow, I thought that her earlier podcast on marriage and family was good.

This new podcast is a MUST for social-conservatives who nevertheless like big government, taxing the rich, public schools, and single-payer health care. I listened to this twice already, and it’s going to become one of my favorites for sure!

The MP3 file is here.

Topics:

  • The study of economics is anti-postmodern – there is objective truth independent of what people think
  • The study of economics believes in fixed principles of human nature
  • Economics studies the allocation of scarce resources that have alternative uses
  • Economics studies how people exchange resources
  • How both people who engage in a voluntary trade always believe that they will be better off
  • How both people who engage in a voluntary trade both benefit from the exchange
  • How incentives motivate people to act
  • Understanding supply and demand
  • Understanding how “free” government services are rationed
  • Understanding opportunity costs
  • How prices signal producers to produce more or less, and consumers to buy or not buy
  • Market-driven prices versus price controls
  • The role of substitution
  • The necessity of allowing failure in a free market

The requirements of economic growth:

  • private property
  • contracts
  • the profit motive
  • competition
  • free trade
  • entrepreneurship, creativity and innovation
  • the rule of law

DOWNLOAD THE PODCAST. LISTEN TO THE PODCAST. REPEAT.

The Ruth Institute accepts donations. I sent her TWO already this year. She does on-campus events, just like William Lane Craig. If you want to have an impact on the university, she should be considered for funding.

You can find more economics lectures at the Acton Institute.

Filed under: Podcasts, , , , , , , , , , , , , , , , , ,

MUST-READ: The Western Experience debunks the doomsday predictions of the left

I just got an e-mail this week from someone I know who voted for Obama. He was worried about the bogeyman peak oil. Where does the left get all these crazy views? I actually think that atheism causes people on the left to be afraid of the unpredictable future. They imagine insane doomsday scenarios and they become very frightened. They then try to make the world predictable by imposing totalitarianism, to control consumption of scarce resources.

It’s the secular equivalent of “Left Behind” fiction, only they actually believe it. It’s their religion.

But the thing is, it’s all false.

Take a look at this post by Jason over at The Western Experience.

Here’s the summary:

  • Who was Thomas Malthus?
  • What did he predict?
  • Why did his predictions fail?
  • Who was Paul Ehrlich?
  • What did he predict?
  • Why did his predictions fail?
  • Some more insane predictions of the left

You might want to read his short, informative post. (It’s a perfect post) And then remember, this is the worldview of the left. They believe this, right up to Obama’s mad science czar.

Previous stories about Obama’s science czar:

The fact that their predictions are always wrong doesn’t stop them from acting crazily.

Filed under: Polemics, , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Wintery Tweets

Error: Twitter did not respond. Please wait a few minutes and refresh this page.

RSS Intelligent Design podcast

  • An error has occurred; the feed is probably down. Try again later.

RSS Evolution News

  • An error has occurred; the feed is probably down. Try again later.
Click to see recent visitors

  Visitors Online Now

Page views since 1/30/09

  • 4,511,330 hits

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 2,156 other followers

Archives

Follow

Get every new post delivered to your Inbox.

Join 2,156 other followers

%d bloggers like this: