Podcast
Questions and Answers
What did the author discover about capitalism?
What did the author discover about capitalism?
- Capitalism is a system that follows natural laws.
- Capitalism is a behavioral term and lacks a logic or theory. (correct)
- There is a clear logic and theory behind capitalism.
- Capitalism is a mixture of labor and capital input.
What did the author write a manuscript about?
What did the author write a manuscript about?
- The invention of the telescope.
- The income distribution problem.
- The history of the Industrial Revolution.
- The fallacy of full employment. (correct)
What did Copernicus and Galileo discover?
What did Copernicus and Galileo discover?
- A missing fact about the movement of heavenly bodies. (correct)
- A new economic theory.
- A new theory of the Industrial Revolution.
- A new mathematical formula.
What is the missing fact that the author wants to talk about?
What is the missing fact that the author wants to talk about?
What bothered the author during the Great Depression?
What bothered the author during the Great Depression?
What did the author's mother do to support the family during the Great Depression?
What did the author's mother do to support the family during the Great Depression?
What did the author believe the economy had during the Great Depression?
What did the author believe the economy had during the Great Depression?
Why did Louis put his manuscript in the closet?
Why did Louis put his manuscript in the closet?
Who introduced Louis to Mortimer Adler?
Who introduced Louis to Mortimer Adler?
What did Mortimer Adler say about the theory of capitalism?
What did Mortimer Adler say about the theory of capitalism?
Why did Mortimer Adler jump off the ground when Louis mentioned privately owned capital?
Why did Mortimer Adler jump off the ground when Louis mentioned privately owned capital?
What is the national economic policy of just about every nation on Earth?
What is the national economic policy of just about every nation on Earth?
What does the author mean by the 'right to life' in economics?
What does the author mean by the 'right to life' in economics?
What does the author suggest needs to happen as the production of goods and services changes?
What does the author suggest needs to happen as the production of goods and services changes?
What percentage of corporate net income goes to taxes and boards of directors, according to the text?
What percentage of corporate net income goes to taxes and boards of directors, according to the text?
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