The Tom Woods Show, episode 1142.

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

Your daily dose of liberty education starts here, the Tom Woods Show.

Friends, my away carry-on helps make my travel a pleasure.

It's super strong yet lightweight, and it's even got its own USB charger built in.

I'm like the king of the airport with this thing. Take $20 off your suitcase order when you head to

awaytravel.com slash woods and use promo code Woods at checkout.

Hi everybody. Tom Woods here. Bob Murphy is back with us today. Bob, of course, is my co-host

over on the Contra Krugman podcast at contra Krugman.com. He holds a PhD in economics from New York University, author of numerous books, including the politically incorrect guide to capitalism and many others. His most recent title is The Case for IBC, the Infinite Banking Concept.

We'll have him on to talk about that at some point.

Then before that it was the primal prescription, which was a book on health and medical care and the free market.

And then before that, his book Choice, subtitled Cooperation, Enterprise and Human Action, which is a great distillation

of Lilibre von Meeses. So great stuff. You should check him out at consulting by RPM.com.

And of course, the two of us together host the ContraCruz over at ContraCruz.com. All right,

that's about enough websites to be sending you to. Let's talk

to Bob. Now we're going to talk about public choice economics today. We intended to get to that

in a previous episode, and we got talking about another topic. So we're going to focus today on

public choice economics because it helps you better understand why the outcomes of politics are as perverse as they are.

Bob, welcome back.

Thanks for having me, Tom.

Always a pleasure.

So we're talking public choice today.

...