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The Tom Woods Show

Ep. 410 Socialist Basket Cases, and Other Economic Topics

The Tom Woods Show

Tom Woods

News, Politics, Government

4.83.4K Ratings

🗓️ 26 May 2015

⏱️ 27 minutes

🧾️ Download transcript

Summary

The socialist disaster in Venezuela reminds our guest, Carmen Dorobat, of her native Romania during its communist period. Plus, we discuss protectionism at the World Trade Organization and other economic topics.

Transcript

Click on a timestamp to play from that location

0:00.0

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

0:05.2

Now is not that time.

0:06.4

And Republicans.

0:07.9

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

0:12.2

You need a voice of liberty.

0:15.1

Look no further.

0:16.7

You've found it.

0:18.4

Tom Woods.

0:21.2

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

0:26.9

The Tom Woods Show.

0:34.2

Welcome to the Tom Woods Show, episode 410.

0:40.7

Today I've got a variety of topics I want to cover.

0:47.8

We're going to start by talking about what's been going on in Venezuela and compare it to the native country of our guest today.

0:52.1

Our guest is Carmen Dorobot, and she is originally from Romania.

0:56.6

And in a recent post over at mezes.org, she drew an interesting parallel between experiences in communist Romania and in modern day Venezuela. So that

1:03.4

combined with a number of her other pieces are wonderful subjects for today. Now, you know,

1:09.2

the normal format of this show is I introduce the

1:11.3

guest and then we chit-chat and then I wrap things up and that's it. Then you go about your

1:14.8

day. But in my conversation with Carmen, I know her personally, as I do most of the guests I have

1:21.6

on the show, but I haven't been in very close contact with her in a while. She was at the Mises

1:27.2

Institute as a fellow back when I lived there.

1:30.0

I was a resident scholar there for a number of years 2006 or 2010. So I was sort of catching up with her at the beginning,

...

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