The Tom Woods Show, episode 1137.

Prepare to set fire to the index card of allowable opinion.

Your daily dose of Liberty Education starts here, the Tom Woods Show.

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Hi, everybody. Tom Woods here. Bill Anderson joins us today. Professor Bill Anderson teaches

economics at Frostburg State University, and I wanted to talk to him about a paper he delivered not long ago at the Austrian Economics Research Conference. We're going to get into that in a minute. It has to do with absolute immunity for prosecutors and what this means for the American legal system and the way this biases the system in a certain direction. The incentives that are

created by this particular policy tend to slant the operation of the wheels of justice, let's say,

in a particular way, not favorable toward the accused. Let's put it that way. Bill has, in addition to his work in economics,

been an outstanding journalist in particular on the Duke Lacrosse case from a number of years ago,

and I'll want to start off by asking him about that. But this is the first time I've talked to Bill on the show,

and I'm just delighted. Bill, welcome.

Good to be here. Before we get into the paper that you gave at the conference, let's talk about something that you were very much involved in as a writer and a journalist and an observer,

and that is the Duke Lacrosse case. Some of my listeners were probably just growing up during those years,

but we're talking 2006 to 2007. And that was a case where people like you and my old,

the TA I had as an undergraduate, Casey Johnson, and some others were sure that something was fishy about that case.

And I read what people were writing.

I didn't know what to think.

But as I look back on it now, good grief.

To say this was a miscarriage of justice is a preposterous understatement.

So I'd like to talk about this because this is a case where

...