Oren talks so much sense. All American workers should listen to what this guy is saying.
@SchoolofDivinePhilosophyАй бұрын
If only a majority of people were interested in this subject and were capable enough to understand!
@user-ks3ol3lw3bАй бұрын
The title above makes me think of intellectuals debating 'Do passenger jets work?' somewhere over the Atlantic from London to New York.
@robertdavis9246Ай бұрын
Columbia financial academic talks about Adam Smith and then asks for massive payroll subsidies. Poor Mr. Cass talking to liberal,fools
@jacobgiese25926 ай бұрын
Love Oren!
@adamhustler3639Ай бұрын
Fiduciary responsibility and the idea of "maximizing" short term quarterly shareholder value is a bane on capitalism.
@fizzled9512 күн бұрын
Because we don't have Capitalism. We live in a mixed economy. We have some markets that are left alone mixed with a heavy hand from the State. You might want to start there. So, the central theme is that Oren wants the government to control all of the outcomes in his way. Yeah, sure. That'll lead to the promise land.
@PMKehoeАй бұрын
ALL of the people in that room, under oath, would/should make a testament as to how Capitalism works in their lives - surely? :)
@DrKennethYoung11 ай бұрын
Awesome discussion
@davidknecht11 ай бұрын
Why do I find it hard to believe that we need more workers in factories today to get the same output as 10 years ago? You're saying the robotics have done nothing?
@karelnovak881811 ай бұрын
10 years ago America already had huge trafe deficit.
@markcorrigan39309 ай бұрын
No, I'm saying there is no robotics in America. There are fast food jobs.
@chickenfishhybrid4411 ай бұрын
Based Oren.
@markcorrigan39309 ай бұрын
15:04
@markcorrigan39309 ай бұрын
18:29
@markcorrigan39309 ай бұрын
44:00
@markcorrigan39309 ай бұрын
46:55
@markcorrigan39309 ай бұрын
48:56
@markcorrigan39309 ай бұрын
52:04
@xbtman11 ай бұрын
🌎🌏🌍🙂
@richardv.2475Ай бұрын
Capitalism is working, but not for you.
@tonydangelo77811 ай бұрын
Depends on what “capitalism” is and what other solutions you have. The free market works - imperfectly albeit but it works. Central planning clearly does not work.
@markcorrigan39309 ай бұрын
No.
@futurethinking2 ай бұрын
I am assuming you have your head on the sand and have never heard about Japan, Korea or China. China and Korea have central planning and industrial policy set by government but execution details where left to markets. Japan had the same thing but then the Chicago school boys in Bank of Japan kind of destroyed that system after the real estate bubble bursts.
@mensrea1251Ай бұрын
Any theory of economics that starts and ends with absolutes is probably something only a lazy pseudo intellectual would believe. Jus’ sayin.
@mensrea1251Ай бұрын
@@futurethinkingBingo.
@tonydangelo778Ай бұрын
@@futurethinking so… market economies then. You are correct. That is superior to central planning The issue your missing is the same problem that western economies have: they try to control them. They’re not controllable. Demand will demand. Supply will supply. Attempts to affect demand will lead to cost inequalibilibrium. Attempts to affect supply will lead to cost inequalibilibrium. Best a government can hope to control is the cost of debts.