https://youtu.be/Ro9s2mI1VNM... a land without a settled government, whether criminally anarchic or anarcho-capitalist, is almost impossible for an external power to occupy and govern. For there is no political infrastructure, no settled government to whom the occupying imperial power can transmit orders.

Murray N. RothbardIrrepressible Rothbard, p. 192

0:00 - Quote from Machinery of Freedom

1:01 - How would you define capitalism, and why is it morally superior to socialism?

5:26 - Why is it important to have an understanding of property?

9:10 - Why should the poor advocate capitalism/free markets?

22:45 - Does market failure justify a state?

35:24 - Does the “capitalist” exploit the consumer and worker via iPhone?

40:10 - Does freedom include positive rights? - Freedom vs. Power

47:46 - Inequality

48:23 - Define government

50:02 - Define anarchism

50:42 - Would anarchy lead to chaos? (spontaneous order) 

51:44 - Best examples of stateless societies?

55:14 - What about monopolies?

56:33 - Without government the poor would die from poverty

58:09 - Law’s Order - Most important message

59:08 - Biggest criticism of the Austrian school of economics?

1:01:37 - Most important thing you learned from…….

Adam Smith

David Ricardo

One Book for everyone to read

Milton Friedman, your father

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