The Hillsdale College Online Courses Podcast

Dr. Charles N. Steele, economist and lecturer on capitalism, outlines the moral and practical foundations of markets. He discusses how profit and loss enforce responsibility. He connects freedom, private property, and sound money to innovation and virtue. He warns against bailouts and central planning and urges using opportunity as moral stewardship.

Charles N. Steele, professor and lecturer on political economy, presents Lesson 6 on how technology and entrepreneurship transform materials into resources. He discusses knowledge as the engine of endless innovation. Short stories range from pelletized iron and fracking to fiber optics replacing copper. Markets, property rights, and price signals guide conservation and resource expansion.

Charles N. Steele, an economics professor who teaches 'Understanding Capitalism,' explains comparative advantage and why trade raises incomes. He discusses specialization, empirical gains from freer trade, effects of low-wage competition, manufacturing shifts, and how trade can improve standards. He also covers adjustment costs, retraining, and narrow exceptions to free trade.

Dr. Charles N. Steele, an economics lecturer who teaches Understanding Capitalism, explains how profit and loss steer resources and why private property and free exchange matter. He covers economies of scale and scope, vertical integration, transferable quotas for fisheries, and how regulation and rent-seeking shape market outcomes.

They discuss how creating value differs from mere physical production. They explore how profit and loss steer entrepreneurs toward useful goods. They explain why specialization and trade boost productivity and expand knowledge. They describe how firms organize work and why institutions like property rights and rule of law matter.

A lively discussion of profit and loss as signals that reward good choices and punish bad ones. A breakdown of property rights, voluntary exchange, and how prices coordinate cooperation. Exploration of entrepreneurship as discovery under uncertainty and why markets can outpace government provision. A focus on the moral foundations that support a free economic order.

On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan introduce the course "Understanding Capitalism." Capitalism rewards man with profit or punishes him with loss, depending on the merit of his actions. It expresses the freedom and rationality of human nature in an economic system. The capitalist system depends upon private property rights, the freedom of exchange and contract, sound money, and the rule of law that supports all of these through formal and informal structures. Such a system encourages innovation and morality along with economic prosperity.  Capitalism depends upon property rights, sound money, the freedom of exchange and choice, and the rule of law. Within these conditions, capitalism has produced greater human flourishing for more people than any other economic system.See omnystudio.com/listener for privacy information.

On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan discuss how easy it is for nefarious forces to influence the "educated" before introducing Hillsdale College president Dr. Larry P. Arnn. Totalitarian novels depict regimes that exert complete and pervasive control over the lives of their subjects. George Orwell, Aldous Huxley, Arthur Koestler, and C.S. Lewis imagine the terrible possibilities of unchecked modern tyranny. Join Larry P. Arnn, president of Hillsdale College, and Hillsdale College students in this exploration of 1984, Brave New World, Darkness at Noon, and That Hideous Strength. The course includes four lectures and four conversations, each about 30 minutes long. It is structured with one lecture about each book followed by a conversation between Dr. Arnn and the students about themes from that book.  Lewis exposes the dangers of substituting scientific expertise for wisdom and bureaucracy for politics as the ruling impulses of a nation. Mark and Jane Studdock discover the importance of marriage, family, friendship, and faith.See omnystudio.com/listener for privacy information.

On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan discuss C.S. Lewis' unique approach to the totalitarian novel before introducing Hillsdale College president Dr. Larry P. Arnn. Totalitarian novels depict regimes that exert complete and pervasive control over the lives of their subjects. George Orwell, Aldous Huxley, Arthur Koestler, and C.S. Lewis imagine the terrible possibilities of unchecked modern tyranny. Join Larry P. Arnn, president of Hillsdale College, and Hillsdale College students in this exploration of 1984, Brave New World, Darkness at Noon, and That Hideous Strength. The course includes four lectures and four conversations, each about 30 minutes long. It is structured with one lecture about each book followed by a conversation between Dr. Arnn and the students about themes from that book.  C.S. Lewis’s That Hideous Strength depicts the infancy of a totalitarian regime. Tyranny is averted through divine intervention manifested through the friendship, education, and faith of a small company led by Fisher-King.See omnystudio.com/listener for privacy information.

On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan discuss the nature of loyalty before introducing Hillsdale College president Dr. Larry P. Arnn. Totalitarian novels depict regimes that exert complete and pervasive control over the lives of their subjects. George Orwell, Aldous Huxley, Arthur Koestler, and C.S. Lewis imagine the terrible possibilities of unchecked modern tyranny. Join Larry P. Arnn, president of Hillsdale College, and Hillsdale College students in this exploration of 1984, Brave New World, Darkness at Noon, and That Hideous Strength. The course includes four lectures and four conversations, each about 30 minutes long. It is structured with one lecture about each book followed by a conversation between Dr. Arnn and the students about themes from that book.  Despite his regrets, Rubashov has corrupted himself to the point that he eventually doubts his righteousness, willingly confesses to his sham crimes, and accepts punishment from the Party.See omnystudio.com/listener for privacy information.