The Tom Woods Show, episode 826.

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Hey everybody. Tom Woods here.

And I'm here with Murray Sabre.

And I'm actually here at a resort with him.

He's in Kissimmee, which is not far from where I live. So we're doing this in person. How about that? I think I've had about three interviews I've done in person in 826 of these. I wanted to talk to him as long as he was in town about what's going on, what we can expect with Donald Trump being inaugurated in several days

several days from now. What can libertarians maybe hope for under Trump? What should they be

watching out for? And maybe say a little something about New Jersey politics where Murray is

something of an expert and indeed a participant himself. Murray has been a professor of finance at

Ramapo College for 32 years. He's

currently on sabbatical working on a very important project that I know you're going to be

interested in, so we'll talk about that. But for now, I'd like to welcome Murray back to the show.

Murray, thanks for being here. Thank you. Tom's great being with you today. All right. Let's get talking about I'll

hand you the mic. It's very low tech when I've got an extra, I'm so not used to having an extra

person. I have one mic and I just hand it to the person. Anyway, we got Donald Trump being

inaugurated. He is a wild card in a lot of ways. My friend Scott Horton has this rule. He calls it Horton's law that when a

politician makes promises, you can be sure he'll keep all the bad ones and abandon all the good

ones. But leaving aside Horton's law, let's think about the rosiest possible scenario.

...