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PODCAST

Morals & Markets with Dr. Richard Salsman

The Atlas Society

Hosted by The Atlas Society’s Senior Scholar, Dr. Richard Salsman, Ph.D., assistant professor of political economy at Duke University, Morals and Markets is a 90-minute webinar held on the fourth Thursday of each month. The purpose of Morals and Markets is to explore the intersections between ethics, politics, economics, and markets. A few readings are included in advance of each session; the sessions begin with opening comments by Dr. Salsman, followed by participants’ questions, comments, and

education politics

All Episodes

00:37:43

From The Vault: Environmentalism & Capitalism

Morals & Markets with Dr. Richard Salsman ·

2023/04/14

Join Senior Scholar and Professor of Political Economy, Richard Salsman, Ph.D., in fresh episodes ofMorals & Markets"From the Vault."These episodes were from early episodes ofMorals & Marketsfrom before it became a podcast. Tune in to this episode from back in April of 2021 in which Dr. Salsman discusses anti-capitalist aspects of the environmental movement: “Initially called the 'ecology' movement, proponents seemed merely to want cleaner air and water, for the benefit of humans

en

00:28:31

From The Vault: The Encouraging Spread of Academic...

Morals & Markets with Dr. Richard Salsman ·

2023/04/07

Join Senior Scholar and Professor of Political Economy, Richard Salsman, Ph.D., in fresh episodes of Morals & Markets "From the Vault." These episodes were from early episodes of Morals & Markets from before it became a podcast. Tune in to this episode in which Dr. Salsman discusses PPE Programs at Universities: "Until recently, the social sciences in academic - philosophy, politics, and economics - have existed in narrowly-specialized silos, detached from each other

en

00:28:31

From The Vault: The Encouraging Spread of Academic...

Morals & Markets with Dr. Richard Salsman ·

2023/04/07

Join Senior Scholar and Professor of Political Economy, Richard Salsman, Ph.D., in fresh episodes of Morals & Markets"From the Vault."These episodes were from early episodes of Morals & Markets from before it became a podcast. Tune in to this episode in which Dr. Salsman discusses PPE Programs at Universities: "Until recently, the social sciences in academic - philosophy, politics, and economics - have existed in narrowly-specialized silos, detached from each other (and from reality)

en

00:31:02

The FTX Scam: "Effective Altruism" In Action

Morals & Markets with Dr. Richard Salsman ·

2023/02/02

FTX, an exchange for cryptocurrencies, was fraudulent almost from its start in 2019. Its recent bankruptcy reveals that it robbed millions of people and billions of dollars, then spent most of it on Democrats. FTX founder Sam Bankman-Fried (SBF) veiled his fraud with "effective altruism," a pseudo-ethical scheme from academic philosophy, the opposite of egoistic profit-maximization. Altruism is beloved, wrongly, as an ethic of goodwill to others. SBF knew he was perpetuating a fraud - first ethical,

en

00:31:02

The FTX Scam: "Effective Altruism" In Action

Morals & Markets with Dr. Richard Salsman ·

2023/02/02

FTX, an exchange for cryptocurrencies, was fraudulent almost from its start in 2019. Its recent bankruptcy reveals that it robbed millions of people and billions of dollars, then spent most of it on Democrats. FTX founder Sam Bankman-Fried (SBF) veiled his fraud with "effective altruism," a pseudo-ethical scheme from academic philosophy, the opposite of egoistic profit-maximization. Altruism is beloved, wrongly, as an ethic of goodwill to others. SBF knew he was perpetuating a

en

00:29:29

Why The GOP Lost The Midterm Elections

Morals & Markets with Dr. Richard Salsman ·

2022/11/29

The GOP received more votes in recent House elections (50MM vs 44MM) but its widely expected “red wave” didn’t materialize. After two years of Democrat incompetence, corruption, and vice – with inflation at a 40-year high, no economic growth, rampant crime, border anarchy, civil liberty assaults, bans on fossil fuels, publicly-subsidized genital mutilation – Republicans won only a bare majority of House seats and have lost a seat in the Senate. Why? Poor GOP candidate quality

en

00:29:29

Why The GOP Lost The Midterm Elections

Morals & Markets with Dr. Richard Salsman ·

2022/11/29

The GOP received more votes in recent House elections (50MM vs 44MM) but its widely expected “red wave” didn’t materialize. After two years of Democrat incompetence, corruption, and vice – with inflation at a 40-year high, no economic growth, rampant crime, border anarchy, civil liberty assaults, bans on fossil fuels, publicly-subsidized genital mutilation – Republicans won only a bare majority of House seats and have lost a seat in the Senate. Why? Poor GOP candidate

en

00:29:28

The ESG Virus

Morals & Markets with Dr. Richard Salsman ·

2022/10/26

ESG is a fast-spreading policy pathogen deployed by environmentalists and other anti-capitalists to infect every aspect of life, but especially corporate and political governance. ESG prioritizes “environmental, social, and governance” goals to dilute and pollute positive forms of governance, especially the shareholder model in economics and rights-based constitutionalism in politics. The necessary antidotes to the ESG virus include rationality, justice, the profit motive, and

en

00:29:28

The ESG Virus

Morals & Markets with Dr. Richard Salsman ·

2022/10/26

ESG is a fast-spreading policy pathogen deployed by environmentalists and other anti-capitalists to infect every aspect of life, but especially corporate and political governance. ESG prioritizes “environmental, social, and governance” goals to dilute and pollute positive forms of governance, especially the shareholder model in economics and rights-based constitutionalism in politics. The necessary antidotes to the ESG virus include rationality, justice, the profit motive, and

en

00:33:30

Collegiate Cronyism with special guest, Atlas Society...

Morals & Markets with Dr. Richard Salsman ·

2022/10/12

Cronies who receive political favors include not just corporate “fat cats” but colleges and college students. President Biden recently decreed a unilateral cancellation of student debt (up to $20,000 per borrower) which would cost roughly $500-750 billion. Aside from the question of whether Biden, Congress or some agency is empowered to cancel debt, is the policy just or unjust? Practical or impractical? What about those who didn’t go to college, didn’t borrow for it, or have

en

00:33:30

Collegiate Cronyism with special guest, Atlas Society...

Morals & Markets with Dr. Richard Salsman ·

2022/10/12

Cronies who receive political favors include not just corporate “fat cats” but colleges and college students. President Biden recently decreed a unilateral cancellation of student debt (up to $20,000 per borrower) which would cost roughly $500-750 billion. Aside from the question of whether Biden, Congress or some agency is empowered to cancel debt, is the policy just or unjust? Practical or impractical? What about those who didn’t go to college, didn’t borrow for it, or have

en

00:35:36

How Markets Elevate Our Morals

Morals & Markets with Dr. Richard Salsman ·

2022/08/30

It’s now commonplace to hear it said that markets “corrupt our morals.” This sentiment derives from the false premise that the selfish pursuit of our interests, values, possessions, and happiness is low, crude, vulgar, and immoral. The supposed “higher” and “nobler” things lie beyond our selves and beyond this earth. In fact, markets – whether the construed as the exchange of material or intangible values – count on and reward civilized attitudes and behaviors. Markets are

en

00:35:36

How Markets Elevate Our Morals

Morals & Markets with Dr. Richard Salsman ·

2022/08/30

It’s now commonplace to hear it said that markets “corrupt our morals.” This sentiment derives from the false premise that the selfish pursuit of our interests, values, possessions, and happiness is low, crude, vulgar, and immoral. The supposed “higher” and “nobler” things lie beyond our selves and beyond this earth. In fact, markets – whether the construed as the exchange of material or intangible values – count on and reward civilized attitudes

en

00:34:42

Why MBAs Are Not Pro-Capitalist with Dr. Richard Salsman

Morals & Markets with Dr. Richard Salsman ·

2022/07/29

Join us LIVE on the 4th Thursday of every month to take part in Morals & Markets with Dr. Richard Salsman, presented by The Atlas Society. We only include the first 30-minutes of opening remarks from these seminars in the podcast. Attending live grants you access to another 60-minutes of Q&A and discussion with Dr. Salsman and the other participants! Register HERE & add future sessions to your

en

00:34:42

Why MBAs Are Not Pro-Capitalist with Dr. Richard Salsman

Morals & Markets with Dr. Richard Salsman ·

2022/07/29

Join us LIVE on the 4th Thursday of every month to take part in Morals & Markets with Dr. Richard Salsman, presented by The Atlas Society. We only include the first 30-minutes of opening remarks from these seminars in the podcast. Attending live grants you access to another 60-minutes of Q&A and discussion with Dr. Salsman and the other participants! Register HERE & add future sessions to your

en

00:32:28

Stakeholder Capitalism Is Fascistic

Morals & Markets with Dr. Richard Salsman ·

2022/06/30

The model of so-called “stakeholder capitalism,” a contradiction in terms, is fast replacing the model of shareholder capitalism (a redundancy). The stakeholder model entails scores of pressure groups (including politicians and regulators) dictating what corporations must do, especially if the doing is less rational, less profitable, and averse to shareholders’ goals. A related designation, “ESG,” is a budding American version of China’s Social Credit System

en

00:32:28

Stakeholder Capitalism Is Fascistic

Morals & Markets with Dr. Richard Salsman ·

2022/06/30

The model of so-called “stakeholder capitalism,” a contradiction in terms, is fast replacing the model of shareholder capitalism (a redundancy). The stakeholder model entails scores of pressure groups (including politicians and regulators) dictating what corporations must do, especially if the doing is less rational, less profitable, and averse to shareholders’ goals. A related designation, “ESG,” is a budding American version of China’s Social Credit System. Whereas capitalism

en

00:29:23

Are Economic Sanctions Ever Defensible?

Morals & Markets with Dr. Richard Salsman ·

2022/06/01

Many nations recently have imposed economic sanctions on Russia. Is this proper? Effective? In “The Roots of War” (1966) Ayn Rand argued that “the essence of capitalism’s foreign policy is free trade—i.e.,the abolition of trade barriers, of protective tariffs, of special privileges—the opening of the world’s trade routes to free international exchange and competition among the private citizens of all countries dealing directly with one another.” But she also opposed U.S. trade

en

00:29:23

Are Economic Sanctions Ever Defensible?

Morals & Markets with Dr. Richard Salsman ·

2022/06/01

Many nations recently have imposed economic sanctions on Russia. Is this proper? Effective? In “The Roots of War” (1966) Ayn Rand argued that “the essence of capitalism’s foreign policy is free trade—i.e.,the abolition of trade barriers, of protective tariffs, of special privileges—the opening of the world’s traderoutes to free international exchange and competition among the private citizens of all countries dealingdirectly with one another.” But she

en

00:21:51

Egoistic Foreign-Military Policy

Morals & Markets with Dr. Richard Salsman ·

2022/04/29

Note From Dr. Salsman: Just as rational egoism is the only proper ethic to guide an individual’s life, it’s the only proper ethical guide for a state’s relations with other states. The essence of America is its liberties, its rights, and its capitalist system; consequently, the self-interest of the United States lies in preserving those values, neither sacrificing nor surrendering them, especially not for so-called “humanitarian” (altruistic) motives, merely to help

en

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