Understanding Capitalism: Economies of Scale and Scope
On this episode of The Hillsdale College Online Courses Podcast, Jeremiah and Juan discuss the difficulties of running a small business before introducing Dr. Charles N. Steele. 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. Large operations tend to be more efficient at production, but they require greater investments in management and organization. Individuals and corporations maximize their efficiency by balancing the proper size and scope of their endeavors.See omnystudio.com/listener for privacy information.
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23:55
50 Years After the Fall of Saigon
This week: A reassessment of the fall of Saigon, the legacy of the Vietnam War, and the state of military history in higher education. Mark Moyar, William P. Harris Chair of Military History at Hillsdale College, joins Hugh Hewitt on the Hillsdale Dialogues. Release date: 16 May 2025See omnystudio.com/listener for privacy information.
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35:14
Running Toward a Moving Target: Self-Educating in a Rapidly Changing World
Mark Vandegrift (‘92) discusses the importance of running toward your passion while remaining versatile, a skill he learned through his time at Hillsdale as both an accounting and German major. Mark’s career took him from working in the Big 6 of the accounting world to seminary to holding almost every position at Innis Maggiore, the nation’s leading positioning ad agency, before being named its CEO in 2023. Mark is also the father of a ‘21 alumnus.See omnystudio.com/listener for privacy information.
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20:12
Michael Knowles: Gen Z and the Future of Politics
In this episode of The Larry Arnn Show, Hillsdale College President Larry P. Arnn interviews Michael J. Knowles, political commentator and host of The Michael Knowles Show. The two discuss the existence of God, acting, and the future of American politics. This interview was conducted on April 28th, 2025. Discover more at podcast.hillsdale.edu.See omnystudio.com/listener for privacy information.
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1:00:40
Hallmarks of a Classical Summer
Sonja Bindus, teacher support lead for Hillsdale College K-12 Education, joins host Scot Bertram to discuss making the most of the summer, minimizing screen time, and summer activities that are both fun and educational. Learn more: https://k12.hillsdale.edu/See omnystudio.com/listener for privacy information.
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