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The Tom Woods Show

Ep. 78 Keynesian predictions vs. American history

The Tom Woods Show

Tom Woods

Politics, Economics, Libertarian, Government, News

4.83.3K Ratings

🗓️ 20 January 2014

⏱️ 36 minutes

🧾️ Download transcript

Summary

Tom finds some problems for Keynesianism..

Transcript

Click on a timestamp to play from that location

0:00.0

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.

0:16.4

Daddy, what do taxes pay for?

0:18.2

Oh, why everything?

0:19.7

Policemen, trees, sunshine.

0:21.8

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'm going to unshackle your mind.

0:31.2

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

0:36.9

Your professor has arrived.

0:41.0

Tom Woods.

0:43.3

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

0:52.3

The Tom Woods Show. Welcome, everybody. It's Monday, January 20th,

0:59.7

2014. Tom Woods here back from Houston, where we had an incredible event on Saturday.

1:08.1

The Mises Circle in Houston held every January for, I don't know how many years it's been going now,

1:14.1

but I've had a chance to be involved in a whole bunch of them, and it's always a great time with a huge crowd,

1:19.6

and of course Ron Paul was there, and his son, Ronnie, was there, and so we were chit-chatting,

1:24.8

and in the middle of the conversation, all of a sudden, everybody in the room applauds.

1:29.4

This was between speakers.

1:31.0

So there wouldn't really be a reason for applause.

1:34.3

And then I looked up and realized, of course, Ron Paul is making his way through the building.

...

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