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The Tom Woods Show

Ep. 45 How to Do Economics

The Tom Woods Show

Tom Woods

Politics, Government, News

4.83.4K Ratings

🗓️ 22 November 2013

⏱️ 31 minutes

🧾️ Download transcript

Summary

Danny Sanchez of the Mises Academy explains Ludwig von Mises' approach to economics. Read his article "Mises on Mind and Method", and check out his whole archive..

Transcript

Click on a timestamp to play from that location

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.

0:16.5

Daddy, what do taxes pay for?

0:18.3

Oh, why everything?

0:19.7

Policemen, trees, sunshine.

0:21.9

And 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'll be afraid of you, dad.

0:28.3

Prepare to unshackle your mind.

0:31.3

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

0:36.9

Your professor has arrived tom woods

0:42.3

well his mind is not for rent to any government know citizen you are now departing from the world of allowable opinion the the Tom Woods Show. Welcome, everybody. It's Friday, November 22nd, 2013.

1:02.0

About two months have gone by since we started this program. I can't believe where the time has gone,

1:07.3

and I am so grateful to all you folks who have been listening in regularly, who've

1:11.2

been subscribing on iTunes and Stitcher. That is a great source of consolation and delight to me.

1:17.3

So thank you very much. We'll keep trying to bring interesting people and topics your way

1:21.6

as the month's roll on. A very quick travel note. It looks like probably that trip to Idaho that I was planning is not going to work out after all. I needed to go to two places to sort of make it worth my while, and the logistics were just too difficult, and the flight is just so early. And this really takes a toll on me after a while, so I really don't want to keep doing that to myself. I can possibly avoid it.

1:44.4

But maybe some other time we'll get back over there. When I spoke at Boise State University a few

1:49.3

years ago, it was just huge, right? It was like a 450-person auditorium, and there wasn't a single

1:54.3

seat remaining. It was wonderful, and I hope to have a chance to get up there some other time.

1:59.5

We are putting together the finishing touches of a

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