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Ep. 2221 Status Quo Bias Is Our Worst Enemy

The Tom Woods Show
The Tom Woods Show
Episode • Oct 20, 2022 • 26m

If things are ever going to improve, we need to overcome the very powerful status quo bias that exists among the American population. Most people assume that the way things are is the way they must be, and the best possible way they can be. So even if you live in neither Oregon nor Idaho, you will want to hear my guest, Matt McCaw, discuss the Greater Idaho movement. Here is a case in which one simple change would make virtually everybody involved better off, and the only thing standing in the way is status quo bias.

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Show notes for Ep. 2221