The Tom Wood Show, episode 1,534.

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

Your daily dose of liberty education starts here.

The Tom Wood Show.

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Hi, everybody. Tom Woods here.

Somebody sent me a short article on a site called Courts.

And it's called entrepreneurs don't have a special gene for risk.

They come from families with money.

And we're going to take apart this article and see what truth there is in it,

what's perhaps misleading about it.

And I'm going to do that with an expert on entrepreneurship.

And that is Peter Klein, who has so many credentials.

It's almost ridiculous.

He's got a PhD in economics from the University of California at Berkeley.

He was senior economist for the Council of Economic Advisors in 2000 and 2001.

...