4.8 • 3.3K Ratings
🗓️ 13 March 2019
⏱️ 58 minutes
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I discuss the difficulties and bad consequences of wealth redistribution, both within a country (welfare programs) and between countries (foreign aid).
Show notes for Ep. 1360
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0:00.0 | The Tom Woods Show, episode 1360. |
0:03.3 | Prepare to set fire to the index card of allowable opinion. |
0:07.9 | Your daily dose of liberty education starts here, the Tom Woods Show. |
0:14.4 | Folks, by now many of you know that Bob Murphy and I will be engaging in an Oxford-style |
0:18.3 | debate aboard this year's Contra Cruise, the fourth such cruise we've |
0:22.5 | held. And I keep saying that I'm going to crush Bob so badly, people are going to need to carry |
0:27.5 | his corpse off the ship. And that may have been a bit of a downer for some of you. So let me remind |
0:32.3 | you that before Bob perishes miserably, we're going to be playing games, having a lot of laughs, getting to know a lot of wonderful people, and seeing some beautiful sights in Alaska. |
0:42.3 | So yes, Bob's funeral is going to be a bit of a downer. I'll grant you. But overall, it's going to be a fantastic time. |
0:48.7 | Joining us will be special guests, Gene Epstein, and Brad and Deidre Berzer, all of whom have been guests on the Tom Wood's show. |
0:55.8 | To sign up, go to contracruise.com. Reserve your cabin right away at contracruise.com. |
1:03.8 | Hi, everybody. Tom Woods here. There is a lot of talk these days about wealth redistribution, |
1:08.7 | and I dare say there is more talk about it today than there has |
1:13.9 | been at any time in my lifetime. So this is truly a watershed moment. So I thought I would dig |
1:20.7 | into the archives. I found a talk I gave at the Meeses Institute's Mises University Summer Program in which I talked about |
1:29.8 | wealth redistribution and some of the difficulties and consequences of it, both when we think |
1:36.7 | of it in terms of people within a country having their wealth redistributed from one person |
1:41.9 | to another, but also talking about wealth redistribution |
1:45.4 | from one country to another. So welfare programs and foreign aid, development aid programs, |
1:52.5 | are the topic of this particular talk. Now, tomorrow I got a fun, interesting, controversial |
1:58.7 | guest coming on. You're just going to have to wait, but that one is really, really going to be worth it. |
2:04.7 | This one, as I say, goes back to probably 2010, but the kind of topic that it covers is much, much more relevant today than it was in 2010. |
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