Welcome to The Libertarian.

I'm Charles C.W. Cook, and I'm here, as always, with the Libertarian himself, Richard

Epstein. Richard, welcome to your own show.

It's always a pleasure to be with you, Charlie.

Likewise, this is a production

of the Civitas Institute at the University of Texas at Austin. All right, Richard, so I have been

away for three days, and although I kept mostly away from the newspapers, I did see some headlines, one of which suggested,

along with a massive jump in the stock market and slightly decreased gas prices, that the

war in Iran was in a new phase. I've seen the word ceasefire thrown around. I know that you are open to the idea that we

should have taken action in Iran, but that is a different matter from how we did it. So tell me

what you think of President Trump's strategy in executing our policy in Iran and where we are currently.

It seems somewhat confusing to me.

Well, you're not alone about that.

He's certainly not getting an A.

He's probably getting a B-minus if he's lucky at that.

And the way I rate that is, what are the number

of unforced errors that the man makes in trying to solve this problem? And the first of the

unforced errors is how do you set the expectations at the beginning of one of these explanations?

If you take a look at the way things are on the straight of Mbaz, on the Iranian side, it turns out they have a couple

of very powerful purchase. They have some high land on the one side, and beneath it, they have

some caves and coves and nooks underneath, and it turns out that trying to get all that stuff

out by air power is going to be a very difficult thing. And early on, I quoted my uncle Albert,

...