12. The Importance of Economic Liberty | Foundational Concepts in Economics with Howard Baetjer

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Baetjer illustrates the harmful effects of economic regulations and argues that we ought to instead prefer economic liberty.

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Please consider the scenario of unsafe at any doesges any speed. The opposite side of the spectrum. I state that as long as there is no fraud one should be free to choose as that maybe the only choice which is affordable and who should deny that person that product?

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As soon as it is legal for companies to keep the nature of their products a secret from the public, then patents will not be necessary to incentivise innovation.

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