i agree they are irrational but the population of chile was way up, his popularity but then they say they are run by communists. they are preflgtd it. they get confused. people in chile and rioting over some unrational set of beliefs. they introduced school choice and developed the best educational system. john: and they haven t gotten rid of it. as ceo of overstock you are a rich guy but you could argue you have helped the poor. we tried. we have saved people five to ten billion over the course of the history. it s a nice step. john: thank you patrick burn. coming up the inequality that people should be angry about, people like me steal from little kids. excuse me, i have to take some of these. no, i m the old person. i need this.
i agree they are irrational but the population of chile was way up, his popularity but then they say they are run by communists. they are preflgtd it. they get confused. people in chile and rioting over some unrational set of beliefs. they introduced school choice and developed the best educational system. john: and they haven t gotten rid of it. as ceo of overstock you are a rich guy but you could argue you have helped the poor. we tried. we have saved people five to ten billion over the course of the history. it s a nice step. john: thank you patrick burn. coming up the inequality that people should be angry about, people like me steal from little kids. excuse me, i have to take some of these. no, i m the old person. i need this.
they say they are run by communists. they are preflgtd it. they get confused. people in chile and rioting over some unrational set of beliefs. they introduced school choice and developed the best educational system. john: and they haven t gotten rid of it. as ceo of overstock you are a rich guy but you could argue you have helped the poor. we tried. we have saved people five to ten billion over the course of the history. it s a nice step. john: thank you patrick burn. coming up the inequality that people should be angry about, people like me steal from little kids. excuse me, i have to take some of these. no, i m the old person. i need this. no i won t give it back. i need this.
choice. we ll certainly take it as start. we think that within a few years they ll be a enough data there will be a great demonstration of fact and we ll see it spread. john: so we all get vouchers and schools compete and all get better, but there is really rich schools where rich people go and add their voucher to the extra tuition. there will be some inequity. i look at chile that has better schools but people riot because it was inequality a separation between rich people and poor people. all these young people hate that. there are irrational preferences in the world. i agree they are irrational but the population of chile was way up, his popularity but then
middle-class person and even bill gates. john: appointee poor people have access to cars, cellphones and flush toilets even kings didn t have years ago. given that there is disparity that feels unfair. americans have always been, i think this is a good deal, have been willing to accept even large amounts of inequality throngs three things are present. one, that those at the top didn t cheat. either you are crazy person or the vast majority have cheated to get their money. it s the exception not the rule when it happens. we should go after it. number two is growth, those in inequality where it leads to more prosperity. over the last 30 years there is new evidence it led to more prosperity to everyone. history the book is closed on this. it does lead to more prosperity.