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The Tom Woods Show

Ep. 1593 Defending the Undefendable: A Libertarian Defense of Despised People

The Tom Woods Show

Tom Woods

Politics, Government, News

4.83.4K Ratings

🗓️ 19 February 2020

⏱️ 29 minutes

🧾️ Download transcript

Summary

Today we discuss Walter's classic work, Defending the Undefendable. The rogues gallery Walter seeks to rehabilitate in this episode includes the middleman, the slumlord, the speculator, and more.

Transcript

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0:00.0

The Tom Wood Show, Episode 1593.

0:03.4

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

0:07.9

Your daily dose of liberty education starts here.

0:11.5

The Tom Wood Show.

0:13.4

Folks, by far one of the most dangerous economic misconceptions of the 20th century

0:19.8

is that the financial crisis of 2008 was caused by deregulation.

0:24.4

Unregulated capitalism led us here.

0:27.1

It's dangerous because the next time this happens,

0:29.9

they're going to come up with even worse solutions.

0:32.2

So we got to get this one right.

0:33.9

And you can, if you read my free ebook,

0:36.4

the deregulation boogie man,

0:38.6

pick it up at regulation myths.com.

0:42.9

Everybody, Tom Woods here, Walter Block, we continue.

0:46.1

And today we're going to be talking about Walter's classic book,

0:49.6

Defending the Undefensible,

0:51.1

where he takes a variety of different kinds of people in our society

0:56.2

who are reviled, misunderstood, whatever,

0:59.9

and rehabilitates them in light of libertarian theory.

1:03.4

It's a fun book to read because it's an interesting intellectual exercise

1:09.3

to observe Walter at work.

1:11.8

And also because, well, frankly,

...

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