This is a refutation of public good theory. That being the common distinction between private and public goods, one supposedly being best produced in a market, one being best produced by the state. As it is common place even amongst libertarians to believe there are some goods that are just not capable of being produced by the market. In this video I try to demonstrate that this view is not based in economics but ethics. And that its ethical reasoning is invalid. Thanks for watching!

If you are interested in this type of discussion. I would recommend reading Hans Herman-Hoppe’s ‘The Economics and Ethics of Private Property’.





Author: truediltom

I make videos about cancer