Will tell margaret or you have to go to your people and you have to tell them that it is in their interest that we will still have an internal market in one or 2 years time that the whole european edifice it wont be come crashing down through a huge economic crisis because then it will pull the netherlands down with it and its this short term thinking in some countries where the Prime Ministers are seem to be afraid to sort of go out with this message and say folks we cant just look at the moment we have to look to the new year next year the year after that and into the next 5 years and if we want to maintain our own wealth we have to sort of give something at the moment and so far that message doesnt really have to see being well received we heard from one dutch diplomat earlier in the day that they said positions are far apart and they no consensus can is to be had on the spaces so she will really have to move hearts and minds at this is really being seen as a turning point for the E
I can assure you that the authors that we are featuring today are serious accomplished economist who is decades who worked to form this publication. The subtitle of the book to economist drink their way through the unfree world gives us the unconventional approach for a couple of academics. That subtitle did not surprise me though. I tend to run in to ben powell and bob lawson at economic or academic conferences around the country and around the world and inevitably had drinks in their hands, probably because we chat at the hotel bars and the like. But the conversation is always interesting, informative and fun. And that is also true of the new book. This is a light book about a heavy topic. So it is fortunate that we are featuring today on the birthday of the late freedman, one of the greatest economist of the 20th century and the champion of economic and overall human freedom. We were lucky to have known him and for some of us who work with him to a limited degree. He too would agree
Stocks as well. At 4 00 oclock on wall Street Markets were downwith the dow industrials taking another step down near the close so we were down sharply in the morning, leveled off in the afternoon, went back at it at the close, down 592 points on dow industrials at 4 00 oclock yesterday. Earning season rolls on. Big names include cocacola, lockheed martin, Philip Morris and travelers this morning. After the bell attention turning to streaming giant netflix. We will anticipate what the numbers will be. President trump saying he will sign executive order temporarily suspending immigration as part of the war against the coronavirus pandemic. Getting america back to work, georgias governor announcing businesses can reopen this week. Other states including South Carolina and tennessee also starting to ease restrictions. Meanwhile battle over additional coronavirus aid continues on capitol hill this morning. Businesses are waiting for the muchneeded funds to become available. Senate likely t
Socialism sucks, is more irreverent than most Public Policy books we usually organize events around here at cato but i can assure you the authors we are featuring today are serious accomplished economists with decades of scholarly work. Inevitably, they have drinksn their hand, probably because we chat at receptions, hotel bars and the like. But the conversation is always interesting, informative, and fun. Thats also true of this new book. This is a light book about a heavy topic. So its fortunate, fortuitous rather, that we are featuring today on the birthday of the late milton friedman, one of the greatest economist of the 20th century and the champion of economic and overall human freedom. We were lucky to have known him, or some of us to have worked with him to a limited degree. Im sure he, too, would agree with the title of the book, though i i cant really recallm ever putting his opposition to socialism in quite those terms. Today, socialism has gained an appeal among some americ
[inaudible conversations] good afternoon and welcome to the Cato Institute. I direct the center for global liberty and prosperity here at cato the title and style of the book were featuring today, socialism sucks, is admittedly more irrev vanity than the typical more staid Public Policy books but i can assure you that the authors that we are featuring today are serious, accomplishments economyis whose decade of scholarly work inform the publication. Thesen title two economists drink the way through the unfree world gives a flavor nor unton generalizational approach. That subtitlele didnt surprise me. I tend to run into ben powell and bob lawson at economic or academic conferences around the country, and around the world, and inevitably they have drinks in their hands. Probably because we chat at receptions, hotel bars and the like. But the conversation is always interesting, informative and fun. And thats also true of this new book. This is a light book about a heavy topic so its fortu