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The Tom Woods Show

Ep. 136 Private Law?

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 10 April 2014

⏱️ 31 minutes

🧾️ Download transcript

Summary

Can we conceive of a private, non-governmental system of law? If so, what would it look like? Bob Murphy joins Tom to discuss themes in his book Chaos Theory.Bob is the author of The Politically Incorrect Guide to Capitalism, The Politically Incorrect Guide to the Great Depression and the New Deal, and other books, and he blogs at Free Advice..

Transcript

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0:00.0

I've abandoned free market principles to save the free market system.

0:09.9

In a world of conventional confusion, there will be time for them to make profits.

0:14.9

Now's not that time.

0:16.4

Daddy, what do taxes pay for?

0:18.3

Why everything?

0:19.7

Policemen, trees, sunshine.

0:21.9

Let's not forget the folks who just don't feel like working, God bless them.

0:25.9

Don't be afraid.

0:26.7

I'm going to unshackle your mind.

0:31.2

An idea whose time has come cannot be stopped by any army or any government.

0:36.9

Your professor has arrived.

0:41.0

Tom Woods.

0:46.8

Beware, citizen, you are now departing from the world of allowable opinion.

0:52.3

The Tom Woods Show. And welcome, everybody. It is Thursday, April 10th,

1:00.9

2014. We're talking to Bob Murphy today. We're finally finding the time to talk about his book,

1:10.2

chaos theory. It's a little book. You can read it in no time at all. Finally, finding the time to talk about his book, Chaos Theory.

1:11.6

It's a little book. You can read it in no time at all, but this is a little book with big ideas.

1:18.6

I don't like reading books that have a lot of filler, and I learned three things in them, and I've spent five hours reading them.

1:26.6

First of all, that was a stupid waste of

1:28.2

my time. If I wasn't learning anything, I should have stopped reading that book. That's a piece of

1:32.2

advice that I have for you, by the way. If you start reading a book and it's not doing anything

1:36.9

for you, I think some of us feel like we have a grim duty to carry on reading it to the end. You don't. You don't. You have a limited time on earth.

...

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