Larry Reed talks about his journey to liberty. From The Sound of Music, to Czechoslovakia, to Young Americans for Freedom (YAF) in Pittsburgh as a 14-year-old. The message on joining YAF was: “If you want to be an anti-Communist, it’s not enough simply to oppose tanks in the streets; you have to know your philosophy, you have to know your economics.” Talks about what a great speaker Hans Sennholz was. Larry recalls how, with Murray Rothbard’s help, he questioned his university economics lecturer’s Keynesian business cycle theory, by asking these three questions that a theory of the business cycle has to explain:
That an inflation of money and credit precedes the bust.
Fluctuation in capital goods industries are much greater than in consumer goods industries.
Introduction by Ron Manners
So many senior Think Tank founders and executives credit Leonard E. Read, of the Foundation for Economic Education, as their inspiration and mentor.
This short 7 minute video outlines the reasoning and strategy behind Leonard Read’s formation of Fee in 1946. It is encouraging to see FEE still at the forefront of free-market intellectual thought, now 70 years later (in 2016). Their website is: fee.org.
Please enjoy this short video (which I have not seen digitised elsewhere yet).
29th April, 2016
“There is not enough darkness in the whole world to put out the light of one candle.”
[Ron’s intro, louder than Read’s speech:] I’m in Hong Kong on Thursday, September 7th. It’s Leonard Read accepting an invitation to speak to a group of Australian delegates to the Mont Pelerin Conference. And he’s going to talk mainly about the methods of introducing free enterprise / limited government concepts. Continue reading Leonard Read’s 1978 seminar for his Australian friends