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News & Politics

The Freedom Report is a podcast that reports on news from a perspective of economic freedom and personal liberty.

April 24, 2017

You’re Richer Than John D. Rockefeller! Here’s Why…

If you could live 100 years ago as a millionaire, or just as you are today, would you do it? Austrian economist Donald Boudreaux writes a fascinating article which compares the living standards of millionaires 100 years ago to the middle class today. Capitalism has certainly changed the lives of the middle class, but do people even recognize the magnificence and bounty of our modern world? Austin Petersen dives into the history of free markets and follows up with a bonus segment about the dire predictions from liberal activists about the threats of global climate calamity. 

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