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.

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Dr. Larry P. Arnn, President of Hillsdale College, joins Hugh Hewitt on the Hillsdale Dialogues for his series on "Churchill the Writer." On this episode, Dr. Arnn and Hugh continue their discussion of My Early Life, which covers Winston Churchill’s life from 1874-1904.

Release date: 25 April 2025

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Stephen Shipp, headmaster at Seven Oaks Classical School in Ellettsville, Indiana, joins host Scot Bertram to discuss developing a "Portrait of a Graduate" to help guide your students, setting proper expectations for your graduates, and keeping true to your school's mission over the years.

Learn more: https://k12.hillsdale.edu/

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