Show Notes
April 27th 2022.Without government who would build the roads? Should prostitution, speculating and price gouging be outlawed? In this episode Saifedean discusses these questions with eminent Austrian School economist Dr Walter Block. They cover fundamental issues in economics such as whether there is such a thing as a “public good”, whether economics is an empirical science, and whether it is ethical to outlaw “victimless crimes”. Dr Block also shares the story of he became a libertarian and Austrian economist, including the roles played by Ayn Rand and Murray Rothbard in his intellectual journey.ResourcesAtlas Shrugged by Ayn RandEconomics in One Lesson by Henry HazlittDr Block’s paper “The Minimum Wage Once Again” debunking a well-known 1994 study by Card and Krueger.Mises Institute article “The Phillips Curve Myth” on the relationship between inflation and unemploymentDr Block’s book The Privatization of Roads and HighwaysDr Block’s book Defending the UndefendablePrinciple of non-aggression explained on Mises WikiList of Walter Block’s publications onlineDr Block’s book Water Capitalism (2015)Saifedean’s first book, The Bitcoin StandardSaifedean’s second book, The Fiat StandardShow moreActivity
