The Tom Woods Show, episode 835.

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

Your daily dose of liberty education starts here, the Tom Woods Show.

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Hello, everybody. Tom Woods here. We're talking today to Bob Lutty, who is an entrepreneur, a benefactor of the Liberty Movement. In particular, he's been a great

benefactor of the Mises Institute over the years. And he is also a pioneer in education. And that's

what I want to talk to him about. He's been showing just what the private sector can do

when it comes to educating students. And I don't want to give away any more

than that, but he's been tremendously successful, and I wanted to get his story before you today.

Bob, welcome to the show. Well, I'm delighted to be here. I saw the video on Reason TV about what you

were doing. I already knew sort of what you were doing, but I didn't realize how

fantastic and incredible it was and what your hopes for growth were. So I thought, let's get you on

and talk about this a bit further. Let's begin with an item I read in The American Spectator

from some time ago when you were talking about how you, I don't like to

use the word converted because it sounds like a religious conversion, but how you became, let's say,

an Austrian economist and you're thinking about the economy. Where did that begin? Because I know

you've been a big supporter and benefactor of the Mises Institute over the years.

That's an easy one.

My mentor was Dr. William Peterson, who was a student and colleague of Mises.

And we became good friends.

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