As many of you know, david boaz, ive been here a long time. I want to remind you that well be taking question both from people here in the audience and from people watching online. And the online audience may the conversation and submit questions directly on the event page or on facebook or youtube web or on twitter using hashtag tag keto events and hopefully all of those questions will come directly to me on this ipad. And if you are asking question in here, please speak directly and clearly into the microphone so everybody can hear you here and online. A lot of my colleagues these days prefer to events in interview but im Old Fashioned and i think when an author has spent years becoming the worlds leading expert on a topic id rather give him a few minutes to tell us what he thinks is important about what hes discovered. So thats what going to do before we take questions and we two outstanding scholars to hear from. It would be presumptive of me to say much about a hike in the presenc
As many of you know, david boaz, ive been here a long time. I want to remind you that well be taking question both from people here in the audience and from people watching online. And the online audience may the conversation and submit questions directly on the event page or on facebook or youtube web or on twitter using hashtag tag keto events and hopefully all of those questions will come directly to me on this ipad. And if you are asking question in here, please speak directly and clearly into the microphone so everybody can hear you here and online. A lot of my colleagues these days prefer to events in interview but im Old Fashioned and i think when an author has spent years becoming the worlds leading expert on a topic id rather give him a few minutes to tell us what he thinks is important about what hes discovered. So thats what going to do before we take questions and we two outstanding scholars to hear from. It would be presumptive of me to say much about a hike in the presenc
To be a good economist you look at cause and effect. Many times people dont want to see cause and effect. And economists will always talk about cost, when people talk about a benefit to doing something, someone has to talk about cost. A lot of times people dont like to talk about costs. Host is an economist a coldblooded creatures . Guest i dont think so. I think i am a nice person. One of my issues, to help understand me, my initial premise is the each own ourselves. I am my private property and you are your private property. If you accept the idea of self ownership, certain ask check requests are more lancer nicks are immoral. Race is immoral because it violates private property, murder is immoral, it violates private property and so does that. I think you can get a fairly good vision of how the world should be from a moral point of view because you look at the initial premise. Host what about the concept of the common thing . Guest the common good doesnt make a lot of sense whatsoev
Including race, education, the environment, health care andd m. More. Host Walter Williams inter your most recent book american in contempt for liberty, you write its difficult to be a good economist and simultaneouslyved perceived as compassionate. Mp oo be asasion g od economist one has to deal with three out threey, t audi of the two appear topassionate often one has avoid unpleasant questions. Oid p that is absolutely right tor. Te a good economist, you have to look at the cause and effect and many times people dont want toa see cause and effect and so an economist will also talk about cost that is when people talk about the benefit that they are doing something, someone has to talk about cost and a lot of times people dont like to talk about cost. Host is a coldblooded creature . Guest i think one of my issues is my initial premise we each go to ourselves i and my private property and you are your property. If you accept the self ownership, then certain acts are moral and immoral.
So, given what you have heard today, several phone calls guest let me guest lets hear the question first. [laughter] guest i know where you are going. Amp said that when you have stagnant or contracting economy, what politics consists of is pitting one group against another, fighting over a sinking pie. That is what you are saying now. You are seeing wages flat or falling. And as a result, people are looking for somebody to blame for their own condition. And lots of people have fastened on the Illegal Immigrants as the cause of it all. That is not the cause of it all. The cause of it all is that our economy is not going. There is not opportunity. And what we have to do is create an opportunity society. You can do it by one of two ways. You can do it the Bernie Sanders way, by having the Government Spending and taxing, and that something doesnt work. Look at europe. The Unemployment Rates in europe are skyhigh. They have great social benefits, but they dont have jobs. We need to create