Question: Is it morally wrong to profit from someone else's distress? People often decry "taking advantage" of other people as cruel and wrong. For example, suppose that a person desperately needs water after a hurricane or other natural disaster. I charge him $1000 for a gallon jug, knowing that he can pay that much if he's really that desperate. Is such price gouging immoral? Is it fundamentally different from other kinds of trade – or just different in degree? Is it morally wrong to profit so handsomely by the distress and scanty options of other people in this way?
Question: What are the most significant values destroyed by statism? In other words, what values would be available to us – or more available – in a laissez-faire, rational society that are limited or unavailable to us today? What are some of the major (and perhaps under-appreciated) values destroyed or precluded by government overreach? To put the question another way: How would a proper government improve our lives?
Question: Should free-market reforms be gradual or instantaneous? Many advocates of free markets concede that reforms toward capitalism should be gradual. For example, Yaron Brook said recently about abolishing Social Security, "There is no way to eliminate it tomorrow. There is no way to eliminate it... cold turkey." But why not? What's wrong with the "cold turkey" approach? Is the concern simply that the only way to get people to accept reforms is to make them slowly? Or would it be somehow unjust to cut off people's entitlements suddenly, given that they've come to depend on them?
Question: Once some children are genetically engineered, wouldn't discrimination against natural children be inevitable? Assume that humanity has advanced to the technological capacities of the movie "Gattaca," where the best possible genes for each child could be (and mostly would be) chosen before implantation of the embryo. In that case, how could society prevent discrimination against people who were conceived naturally? Those chosen genes would include genes for determination, the desire to learn, motivation, and more, such that engineered people would always win out based on merit. The movie "Gattaca" shows a natural child rising above his engineered counterparts because of his great determination and spirit. The movie's tagline is even "there is no gene for the human spirit." But if there is such a thing as a human spirit, then there surely must be a gene for it. So would discrimination against natural children be inevitable? If so, would it be unjust?
Summary: Financial markets are often vilified – and misunderstood. How do financial markets work? What impact do they have on the economy? Are they dangerous – or beneficial? What is the government's current versus proper role in financial markets?
Summary: Why is knowledge of history important? How have historians failed to teach it? What's the proper approach? How can adults educate themselves about history?
Summary: Is China the next capitalist paradise? Or is it a dangerous military threat? Perhaps it's neither. Robert Garmong explained the current state of Chinese politics, its military, and its economy in this fascinating interview.
Question: Should the government intervene when widespread racism makes life impossible for some people? Given that the effect of strictly respecting the rights of private property owners in the South was that blacks could not find accommodations, health care, transportation, food, and other basic necessities of life, shouldn't the government have intervened? Didn't civil rights legislation help eliminate racism – and wasn't that a good thing – even if that meant violating the right to property of racists?
Question: How can I effectively counter Marxist economic arguments? My family and friends often advocate Marxist economic ideas – for example, that wealth should be redistributed according to need, that corporations and corporate profits are evil, and that rich people have too much money. How can I best respond to these arguments?
Question: Is it wrong to "vote with your wallet"? A liberal friend of mine recently said that he won't vote for political candidates based on his own economic interests – for example, that Candidate A promises to raise taxes on his income bracket, while Candidate B promises to cut taxes for that bracket. He votes based on his agreement with the total political program, not its effects on his paycheck. What's right or wrong with his approach?
Question: Why should a free country have open borders? In your July 24th webcast, you agreed with the questioner that the current laws restricting immigration are wrong. Why? Shouldn't Americans be able to restrict immigration, if they so choose? What, if any, limits should be set on immigration?
Question: Should I recycle? When I don't have to go out of my way to recycle – if both bins are right in front of me, say – should I? And what if I am sharing an apartment with someone who will fish recyclables out of the trash and put them in the recycling bin? Are there cases where one should just recycle in order to avoid confrontations at home or work?
Question: Why is wealth not a zero-sum game? If someone makes a profit, doesn't that mean that someone else loses?
Question: What do you think of the "Prisoner's Dilemma"? Something about the Prisoner's Dilemma as a basis for economic and ethical claims never settled with me, but I'm not sure why. What is your opinion of it from a philosophical point of view?
Question: Is it morally wrong to be a free rider? Some people say that it's wrong to be a free rider – for example, by sneaking into a movie without paying for it, using a gas station bathroom without buying anything, accepting a ride to the airport but refusing to return the favor, hiking on trails in your community without helping to maintain them, or enjoying the Christmas lights of your neighbors without putting up your own. In such cases, you seem to be enjoying a benefit from someone else that you've not paid for or earned. Isn't that unjust, and hence, morally wrong?