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Understanding Foreign and Domestic Socialist Propaganda

Nov 15, 20221 hr 14 min
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Christopher J. Coyne is a Professor of Economics at George Mason University and the Associate Director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center.  His upcoming book "In Search of Monsters to Destroy: The Folly of American Empire and the Paths to Peace", will be published by Independent Institute in December 2022.  

Website: https://www.ccoyne.com/

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Transcript

Welcome to Keith's night. Don't tread on anyone in the libertarian Institute today. I am joined by Christopher J coin. He is a economics. Professor at George Mason University. He's the author of the upcoming book in search of monsters to destroy. He also co-authored manufacturing militarism US Government propaganda in the war on terror. We're going to be talking about the domestic costs of War today. Dr. Cohen thank you.

So much for your time. Thank you for having me back Keith. It's great to talk to you. One of the great propaganda methods is to discuss, something only with the potential benefits in mind. Should we Liberate the sand? So country, should we defend Taiwan, but the costs or the downsides, both in number of lives and the amount of money is rarely discussed. Can you walk us through how we can measure the domestic cost of

war? The cost of War to the Open people when the US military intervenes anywhere. Yeah. And so this is a great question and important one because as you point out correctly, rarely is it discussed? And, and so, let's step back for a moment, the notion of cost the way an economist think about it. The way, the way most people would think about the extent, they do is monetary outlays. So your expenditures we spend x amount and even there, the discussions related to war.

Typically terrible, very rarely do people even talk about the monetary outlays and if they do, they severely under State them. I mean, let's not forget that members of the Bush Administration and George w--. Bush himself were saying that o Iraq will pay for itself in the oil will pay for it and it will be greeted as liberators and it will be basically Costless to the American population trillions of dollars later. Not so much and so A good rule of thumb just on monetary

outlays. So explicit costs is whatever. Politicians say they are severely understating it. I don't know if multiple of 15 or 20 or 30 is a Rule of thumb, but they're understanding it, but the costs are even more significant, why? Because costs are not just monetary outlays, but also injuries and death to human beings. Both Americans. But also foreigners. Again, there's even to the extent. People count injuries and

deaths. It tends to be focused on Americans and other people don't count as Tommy Franks, a member of the US Military One, say we don't do body counts representing the US. Moment when people are talking about civilians being killed in Iraq and Afghanistan. So there's those costs but there's a whole nother set of cost, which is in order to operate the war Machinery. I don't mean the literal Machinery. I mean, the apparatus that carries out Warfare. It takes a lot of resources to do.

Some of those are physical resources. So steel has to be pulled from making buildings to making tanks. Then it also redirects human capital that is you need to redirect people's abilities, the alertness of entrepreneurs from satisfying, the wants of private consumers, which is what they do in markets to satisfying their political Masters. And so the cost of War are severely understated just in monetary terms as we mentioned

their enormous. But when you add in these other costs and there are enormous and you can't measure them completely Because there are certain aspects that you can't monetize, so think about think about this. You know, if you are born before, you know, like I was born in the late 70s. So airport security for me was walk through a metal detector. Put your bag down, it goes through the X-ray machine, that's it 9/11 happens.

Now it's you take off your shoes, you get your hands wipe for the explosives, you can get patted down for having a bead of sweat, on your forehead. Ed, which is some signal that you might be a terrorist and so on and so forth. You can be on watch lists, my kids who are young will never

know the pre 9/11 experience. So to them airport, security, what it is today to, what appears to me and others who experienced the prior is very different is obnoxious and what government does, they'll never know that and that cost those changes in freedoms and Liberties these Are not things that you can just monetize. Like you can monetize a piece of a piece of plastic or metal that you can purchase on a market. And so those costs are are Broad and significant.

When it comes to the Paul Krugman world view of the economy in his book arguing with zombies. He says look all right we got a lot of spending in these government sectors but the reality of the economy is my spending is your income and your spending is my income. So even if you can say look this or that sectors extremely bloated to stop having such a sector is to advocate for More or less an economic recession, because you're decreasing the amount of people in the labor force.

Decreasing the amount of spending decreasing the amount of monetary circulation. Therefore, when people like you, when people like Abigail Hall, advocate for decreasing government spending, you're more or less advocating for recession. What if anything is wrong with that logic? Well, for this, we need to turn to Frederic bastiat. The the famous French Economist

and he made a wonderful point. It's very straightforward when you realize it, but A lot of people fail to internalize it, including those that adopt the the type of logic that you just laid out for us and among other things. Bastiat pointed out that there's the seen and the Unseen. So this is oftentimes discussed in terms of the broken window fallacy that, you know, following a disaster or embossed Yachts example, window breaks ago, that's good.

So, it's bad. Of course for the person that has to pay but it's good because it stimulates economic activity. And you hear this after natural disasters? You oftentimes Is here with more. This is great, it will stimulate spending, it will give people income. Well what does that Overlook?

What bastia pointed out and then of course, Henry hazlitt in economics in one lesson took bastiat slesin on the seen and the Unseen. And that's the central point, which is another wonderful book is, well, wait a second, what would have happened if the window had been broken? What would have happened if we hadn't gone to War? What would have happened if there was an earthquake that destroyed things? Oh, we would have had stuff that

we had prior. For was destroyed and we would have had income to spend on other things. So it's not like you either fund war production or the resources magically disappear, they get used in other things and so no doubt. If you cut the military budget, no doubt. If you reduced war production, that people in those Industries, the owners of firms.

The employees of firms stockholders of those of those firms would suffer a loss because They would have less business and government is their main source of business. But what that neglects is that those resources would be used for other things. So, then it really comes down to. Where does your confidence lie with What entity has the best ability to make decisions about how to spend scarce resources? Do you think private decision makers in private competitive markets?

Are better placed to allocate scarce resources or do you think that government planners are I am of the position that the former that is private economic actors or in a superior position to determine how to best allocate scarce resources.

But as you pointed out in your motivating question, there are a lot of people that are quite confident in the ability of government to do so. So one more thing on this because this is Cass. Sunstein's response to the broken window fallacy he more or less Embraces the fallacy and attempts to flip it onto us. This is in a book titled Conformity he says look there's so much trash that the idiot masses waste their money on these BMWs.

When look if we had outlawed BMWs it's just a status symbol it's not like people. Couldn't drive that the coolest people in town would have liked Intrepid or whatever. You know, let some some other sort of cars. So this is really the stupid greed economy. That is wasting all these resources, imagine what we could do, if we limited the amount of money that could be spent privately and we combat it climate change and we combat it all these authoritarian dictators across the world.

So sunstein says, yeah. I yeah, I agree with the broken window. We'll see. Every fallacy, every dollar that's spent in the greedy. Private sector could be spent in the public sector. So when it comes to the mindset of public is for everyone, private is for narrow few selected people. How do you respond to that mentality?

Yeah, well I think that the underlying assumptions that you just laid out quite nicely, you're doing a lot of work and heroic work, the idea that if you just transfer these resources that the government will do stuff for the people. It's unclear to me why you would think that would happen just to highlight a couple other challenges before returning to this. If people private people are too Goofy, too dumb to elitist. Too narrow focused to pick a car

or for the nudge. People to pick a apple over a Snickers bar, I don't know. In what world people think they're going to be able to select politicians or Regulators that can tell them the best way to live. So that's one thing. The second thing thing is to the extent, we take the status symbol logic. And we embrace it will let's be consistent, I can't think of a higher status position and telling other people how to live their life then telling other people what they should do for

their own good. That is the ultimate status position. Its power over other human beings and so I care much less about people driving a BMW because they think it looks nice. Driving down the street compared you granting a Member of the so-called Elite power to tell other people how to live their lives, because then we have to focus on selection mechanisms, which then leads us to things like fa Hayek's treatment of selection of planners in the road to serfdom in the chapter

titled. Why the worst get on top which is Hayek says, well what type of people are going to tend to rise to the top in situations where you get to boss. Other people around where you get to control them where you have to rely on instruments of force, A threat thereof, which is what the state is in order to back your mandates, people that feel comfortable doing those things. And Hayek says, look quite often.

Those are not going to be the nicest people in society because nice people don't like to boss other people around. Don't like to force them to do things and don't like to use Force to back up their mandates. But going back to your initial question. I don't understand why we would think that government has either the knowledge or the incentives to carry out these grandiose. Projects, they can do stuff, people in government can spend money, no doubt.

But that is different than doing things like ending, climate change, creating wealth, ending poverty, and so you always have to take into account two things. Number one, the the knowledge aspects. What knowledge is required to do? What the the do-gooder say, they want to do and then on top of that the incentives, what incentives do they face and oftentimes.

It's highly perverse incentives and then Course you know, as one writer worn long ago, be wary of the humanitarian with the guillotine and I think that's good advice because they might state that they want to be to do good, but if you're not careful they'll behead you and that's a good warning. I think in these kind of discussions and why is that? Is it because the average constraint of I'm doing this for myself. Can sometimes be checked by

other people doing things? Things in there, you know, explicit self-interest. We can say everything's in your self-interest but when the humanitarian is oh well I'm doing this on behalf of other people and so there's really no stopping me. The more you fight me. The more I want to allegedly helped these people. As a matter of fact, I want to help say blacks so much that I don't care that the vast majority of them prefer school choice compared to a districting system.

They don't even know what's good for them. I see that one all the time. Yeah. Is that why it is there? An actual reason? Because they've said that they no longer have the constraint of. I'm not selfish like these libertarian people. I'm doing this for others. Let's go baby. Yeah, I think that's certainly part of it and the other part of it is that genuine humanitarianism doesn't require force.

And so I'm always quite skeptical when people say, you know we're I'm here to help you and they're sticking a gun in your face. Something's amiss Or the or the, or the famous meme that went around, don't know if it's famous but it went around for a while back. This probably decade ago of member of the US, military kick in a door and Iraq and Afghanistan. Ends Afghanistan saying in the caption was, I'm here to bring you democracy. There's something funky about

this. In terms of the, the it doesn't pass the smell test. And whenever that's the case, I, you know, I makes me hesitant but then you take into account the kind of incentives you're talking about where you can shift costs on the other people, you're not incurring the full. Cost of your behavior, oftentimes other people are paying for it. So you're spending other people's money and when you take all these things into account again, it doesn't mean you can't do anything to help people.

But simply saying you want to help people and do good, doesn't make it. So, and so again, notice the consistency in this argument, which I like, which is we don't have to assume variation agent type and what I mean by that is we're not saying there's like good people and bad people, and only bad people are in government and only good people are In private, the private sector. That might be the case, by the way.

But we don't need to assume that that makes the argument easy because the bad people do bad stuff, the good people do, good stuff. We can assume that in both settings, there's good and bad people. But the institutional environment, the incentives,

they face are quite different. And so, the nice part in this goes back to Adam Smith and many others have pointed out in markets, is you can be the most self-interested arrogant, vainglorious person in the world, but in order to make money in the market you need to To satisfy the wants of other human beings in politics. You do not have to do that and that in the more power you give to political actors, the more space scale and scope you give them to exercise their power

over people. And so that's one of the the key differences to keep in mind, I think So what I have written down here, it seems like what you're saying, is the scam.

Sort of, you wrote a book on propaganda here, so I figured, you're probably the the best person to ask it almost seems like the propaganda the mechanism is they take something that exists in human society, greed and ignorance any society everywhere you could find some grade and some ignorance and then they pin it on the voluntary sector, never applying it to their own sector. Is that the heart of the propaganda that the sunstein's of the world are pushing?

Yeah. And I don't know if I, if you want to call propaganda. I think it's just a lack of analytical consistency. So I don't know if it's a, I don't know if it's an intentional misdirection or misinformation, it might be, but I just think people, I think people tend to associate the public sector with good. And you were put it before in the private sector as Cutthroat competition, dog-eat-dog competition and I'm looking out for number one at the expense of everything.

Everyone else. The public sector, it says positive. Some, we all benefit and that's just not true, you know. And, you know, as you pointed out greed, is a social constant is existed with us forever. I remember hearing I forget who said it but I like it. So I'm going to borrow it and I give credit to whoever came up with it but using greed as an explanatory variable for outcomes is the equivalent of using gravity to explain why a

plane crashes. If so, if a plane crashes, why the plane crashed gravity that doesn't explain? Lane it because, of course, lots of planes don't crash. And so, there has to be some other explanatory factor or factors that can help us explain it. I think it's the the same logic here. The modern monetary theorist, Advocates will say that. Look under our gold standard, we had this constraint, you can only print so much. The thing was backed by a commodity, that was really horrible.

The good thing. Now, is we don't even have to print the money that we call printing. We can increase the number of digits in your account simply by having the Federal Reserve enter them, this allows people to access things for free, we could have free college for Housing free healthcare. What is wrong with this mindset? If anything that there's a cost to something that has money, we give the people the money and now it's free.

What, yes, that missing. I mean, the fundamental issue is that you each when you, when you print money or create money out of thin air, as you nicely summarized it it devalues existing units of the money. And so it makes units that people are already holding worthless each and of Course the people that tend to suffer the most under this type of system

or those on a fixed income. So either relatively poor people on a fixed income or elderly people who are either retired or living off of some kind of nest egg that isn't growing, in terms of earning more income, they could be earning interest or other returns, of course. So, that's the problem. Now, the the mmt people, you know, look they say, Deficits. Don't matter increase in the money supply. Is it matter. It's not that inflation.

Can't happen, they say but we can tame it through regulations and taxes and so they attribute a lot of inflationary causation to greet to go back to our earlier conversation and specifically, the greed of Corporations and windfall supposed windfall profits. That's kind of language they use. And so what is the way you know? I think about this. Well we have the inflationary pressure in terms of Introducing existing value of money. You have relative price distortions.

So what I mean by that is as Government prints money, it's presumably going to spend it. And when it's spends it it will influence prices. But in doing that it's changing the structure of those prices that that which would emerge if markets were left up to their own devices. And so, you know, if Government injects a lot of money into, I don't know, pick something and it's gonna change the scarcity.

Chance of that resource or resources and that's going to have Ripple effects throughout the economic system in ways that you and I don't know, you know, the beauty of a market economy, is that it operates? So efficiently, that you and I don't need to know details as the, the Nobel prize-winning Economist. Fa Hayek said, like, look, if the price of 10 increases, you know, an economist would talk about that is, okay. Let's think about supply and

demand, right? And we could draw supply and demand curves on the breadboard and talk about it. Ordinary People just walk around and live their life.

If they see the price of tin, go up and they consume less 10 on the margin because it's more expensive, which captures the relative, scarcity of 10. When government starts intervening in the economy, it starts to stored in those relative prices, so it might make 10 more scarce even though that's not reflecting genuine, underlying Market valuations to reflecting the valuations of government planners. And this going back to where we started, by the way, is why the

war economy is so devastating. It is It's simply the monetary outlays. It's a lot, you know, the US government is what heading towards a trillion-dollar base budget. That's, that's the direction it's heading for the Department of Defense.

That's a lot of money in the Raw meaning in itself, but when it ends, when that money is both pulled out of the private sector or dead is issued, which means you got to pull it out later to repay the debt or when government intervenes and markets to redirect resources, from producing private computers to produce. And cute computers for f-35s that has real effects on physical items. In the economic system, it has effects on human capital and

laborers, it redirects. All these things and distorts, all these markets in ways that you can't see, you can't see it.

Because the market economy is so complex, you can't see it because it's not something you can just easily measure and add up, and that's what makes it so, Dangerous is the fact that it has these Ripple effects on the broader, dynamism of the market economy, which are often times neglected, just because they're so difficult for people to grasp and went come back to our comments earlier about the spending for spending sake, just to increase output. If you treat all of this stuff

is homogeneous. So the same you avoid this problem because a dollar spent on an iPhone for private consumer is the same as the dollar spent by the government on a drone in that. Framework. A dollar is a dollar. In fact, some people say well no, there's a multiplier. If we give a dollar to the Drone, then you get this multiplier effect, you get even more spending. Well, I think any ordinary person if you said to them as an iPhone, the same as a droid drone. They'd realize, no, it's not.

And once you realize that you realize that spending has real effects because that dollar spent on the Drone, has to come from somewhere else. It has to, you can print it but that has real economic effects as well.

So there's no way to avoid Cos it's just one of those costs go to look like and how good it, you are hiding them from Ordinary People because that's the shell game like can we move resources around enough, so people don't see what's happening and then they do see we just chalk it up. Either too greedy corporations or as in the case of the world wars we put out propaganda posters about sacrificing. So during WWII. What did you have Victory Gardens? Right?

Grow your own food talk about. Out demonstrating that war is destructive for development. Most people in wealthy societies have Gardens for a hobby, not because it's their source of food. We're in a wealthy Society, we rely on other fellow human beings to produce food and then we peacefully trade with them. What the Lord did was to impoverish people, such that Government tried to make it

patriotic. And as part of the sacrifice to grow your own food again, to literally return you to earlier

stages of development. That is the destructive nature of warfare and then you take that and you spread it across a whole host of different economic activities because the US military sector is entangled with so many private sector Industries. We tend to think of the main military contractors and those are key but you start looking at military contractors, are firms, that received, military contracts, Healthcare Providers technology companies because of

course, You need people to run the apparatus, it literally infects it being the military, infects, all aspects of domestic life, and we take it for granted, we don't, most people don't even know about and care about it and we've been so trained to think about it as well. This is a necessary thing. It is patriotic to support this that most people don't even question it. Yeah, I'm I'm not sure how how that lies started.

We're just because you don't think something should be like, totally dominant, doesn't mean you don't appreciate it. The, the analogy that I use is it's like I don't believe Farmers have a right to go around and boss, everyone around, and take their income with the threat of jailing them. That doesn't mean I'm not appreciative of farmers. Same thing in the security sector.

The the lack of questioning. Surely, surely is one one of the Great Hurdles, we face when it comes to trying to decrease the amount of spending. So so let's say we have a drastic decrease in the amount of people in the military. Well, first, I actually want to get to. Are you familiar with the term blowback? Oh yeah. Oh yeah. Can you explain what that means? And what evidence? If any there is for such a theory?

Yeah, well the idea of blowback, a lot of people think about it kind of as an unintended consequence or or a foreign entity. Te T doing something. Back to the United store. The intervening government. So it's often. It was, it was a term coined by the CIA and it what it, what it entails is when you intervene in another society, when you engage in foreign policy typically, or talking about either direct military operations are covert

operations. Blowback is when the recipients if you will or the targets of that action do things in response to The intervening country that's the in the broadest sensor. The way I described it in plain English is if you poked a hornet's nest, you're going to get stung. That's that's to me. Blowback, there's a wonderful political Scientist by the name of Chalmers Johnson, who wrote a book called blowback. So if people want to read more about this.

But that's the idea it's that when you when you it's related to foreign policy and foreign intervention. And again this isn't some conspiracy theory or libertarian concept. The CIA are the folks that coined the term. And again, it doesn't take a rocket scientist to realize. This there's examples throughout human history of one group of people or one government intervening abroad, and those people being targeted retaliating against the intervening government.

And that's the risk again, the problem is this very rarely. Does anyone make that connection publicly Certainly not knowing in the in the public space that wants to keep their job. What they do is interventions are take undertaken. It generates a host of intended consequences and unintended consequences and then that necessitates subsequent interventions and those things are Justified based on the first

failure. So the need to intervene again is because oh look, they're attacking us, very rarely does anyone. Never asked. Well why, right? And and of course, kind of the, the famous moment in Contemporary American politics is the great debate where on the Republican platform, where Ron Paul and Rudy Giuliani famously got into it because Ron, Paul brought up this issue of blowback with that 9/11 attacks. And Giuliani said well how dare you blame America, how dare you

even say that, right? That the idea of even saying that Intervening in another Society could have unintended consequences is off-limits. And so different people analysts put different weight on blowback as an explanatory variable, for different outcomes but I certainly think it's an important one and you know, if you go read you know like Andrew base of itches book on the Middle East, on the history of US intervention in the Middle East, it's just a wonderful

example of this. There's a lot of other great history in there too but just A wonderful example and if you read it through this lens, you see, just one intervention leading to lead to another intervention, this kind of spiral effect. And then, as I mentioned, Chama Chama Johnson's book. Blowback has just wonderful

examples of this logic as well. There is a book, titled Jihad Bin Laden in his own words, interviews speeches and declarations and it's goes back to Bin Laden's, 1995 letter to King fahd of Saudi Arabia, all the way up until I think. 2002 it records all this and it's very clear that Bin Laden's. Biggest recruiting mechanism is the Americans occupy. The land of the two, holy sanctuaries in a conspiracy.

With the Saudi regime, which is now a legitimate and they use that to bomb people in Iraq, from after the first Gulf War and an axe sanctions which kill civilians, not to mention support for Israel, which which of course he also mentions. So the fact that 911, the big justification for a big military in my lifetime. People don't appreciate that. And one more example, which doesn't get nearly enough. Attention here is a quote from the transcript of Omar.

Matine's 911 call. This is the murderer from the Pulse Nightclub in Orlando. Florida. What Obama called the worst mass shooting in American history because he didn't want to admit. That Wounded Knee was a lot bigger. Omar Mateen says, you have to tell America to Bombing Syria and Iraq. They are killing a lot of innocent people. What am I to do here? When my people are getting killed over there, you have to tell the US government to stop bombing. They are killing too many

children. They are killing too many women. Okay, you need to know that they need to stop bombing Syria and Iraq. The u.s. is collaborating with Russia and they are killing innocent women and children, okay. The airstrikes need to stop and stop collaborating with Russia. Now you feel now you feel how it is Now, you feel how it is? That is an exact transcript from

the Pulse Nightclub murderer. So, of course, Donald Trump and Barack Obama lie and say, well, he was just an Islamic homophobe not I've read the transcript, 18 Pages, no homophobia. It's just that again, and again and again, anything else before we move on on, non monetary cost to a interventionist foreign policy. I think just to kind of close the circle on this. I think the main takeaway is that the first one which is straightforward, is that the costs of War are always understated?

Always, there always understated. Both, as I mentioned earlier on the explicit monetary side, but all these other costs, which are unseen, but have real effects on human life are, are, are there and they are real? And they are neglected and no one in the polity. So no one in the public space who wants to advance. Since their career has any interest in revealing those costs or protecting them. You know, the interesting thing about this blowback conversation is that where these things

happen? Like the perfect example, you just read understand as a government, even for Defenders of government doesn't matter what your ideological stripe is government is doing the opposite of what they purport to do. So you know, people on the left people on the right people in the middle. What do they say? Well most of them believe in government and they'll what they want government do varies but almost All of them will say, well, government has to protect, people has to protect their

freedoms. It has to protect their Liberties, their rights, their person and property. Okay, that's nice. But as you pointed out, past actions are actually undermining those things and that's one of the costs of war. The reason they're understated is because they're long and variable and they often times

take decades to emerge. So you get the Espionage Act in the early 1900's is another example of kind of the long and variable affects of Of foreign policy, that's what I think 1917, the presidential Administration that used the Espionage Act. Most was the Obama Administration and they leveraged it against journalists against leakers that was not the original intent of the act at all. And so you can see how you expand Government powers decades ago.

It sits idle. And then all of a sudden you have the precedent for government to expand in the future and so the weapons of War II Just literally the weapons, the the instrument of war and violence is something that should be wielded very carefully yet, it's just the opposite in America, it is there's Unity around it in certainly Washington DC. But you know, if you look at public opinion, polls, most Americans are highly supportive

of the US military. It's, I think it's the most trusted institution in the federal government, and that gives a blindness to how that instrument is used by policy makers and so So that's the kind of takeaways from this. I think my colleague at the libertarian Institute, Laura Calhoun put puts forth a very convincing thesis.

She says that when people, you know, are sort of looking for, you know, how to do things because politicians are always on the television, they sometimes, you know, work the politician into their personality and that sort of builds the culture. And when the politicians are constantly, Aang, we have an issue, let's use the police. Let's use the military. Well, all these people in the society are now much more likely to use violence in their everyday lives and you see it all the time.

Like any time, someone has like a, a friendly joke, and they're filming it on YouTube, get away, or I'm going to call the police, call the police. I mean, it's it's now in their mental chip and it's their go to and she says, it goes up to, and including things like, you know, They're called Mass Shooters Mass murderers. Who use guns do you think there's actually a cultural effect that going to war has to the domestic population? Oh I certainly do.

I certainly do that even, you know, you have to I don't even think you have to be a psychologist Jew to understand this. I mean, just look at the history. You don't go back that far. Just look back to certainly to the world wars. Every major war, the United States has fought, what has the government done. It takes. Goes back to the propaganda point. They take active steps to cultivate a culture of unity of

sacrifice of patriotism. All, in the name of the war effort, they work to disarm descent. Sometimes through persuasion, sometimes through covert operations. Like, when the CIA FBI NSA were surveilling, infiltrating and the anti-war movement during Vietnam War. And so So it certainly has a cultural effect on top of that. It certainly in America other countries to perhaps by no America the best.

From a very young age kids are indoctrinated into the idea that the state and the military are necessary to protect us. The whole idea about thanking members of the military for their service, irregardless of knowing anything about them. What they've done. You know, meaning that a lot of people in the military are not on the front lines of combat, they're sitting in an office and that might be fine and well for what they do. But it's weird to thank them for

their service. Like somehow they're doing something heroic, but we do that and and for a country that is built on skepticism of government on patriotism, not in terms of worshipping the state. But in terms of the ideas of individual, liberty and freedom, To my way of thinking, that's quite an odd practice. And so certainly, I think there is a cultural, a culture that is both necessary for government to operate its militaristic activities.

But it also cultivates those very things and it cultivates them through education, formal education, it cultivates them through media and Partnerships with the media. Again, if you think this is some kind of conspiracy theory just look up Ation Mockingbird which was a major government operation to partner with journalists and through Hollywood.

And so a lot of people and Abby. And I talked about this in manufacturing militarism, you know, a lot of people don't realize that many Hollywood films partner with the Department of Defense that has a department that is focused on entertainment. The government subsidizes them, by providing them resources and access to military facilities, but they get to review the script and make suggestions for

changes. One of the most justified unquestionable Wars that America has been involved in, in my lifetime was Afghanistan. What are the major lessons we could learn from us intervention in Afghanistan? Yeah. Well, the main one, I don't mean to sound flippant, but don't do it. I mean, you know, I, I'm, I was amazed 5, not really, that's too strong. But when the Afghanistan papers came out. So the Afghanistan Papers are

there. Most of them are publicly available already or at least the the reports by the Inspector General for the Afghanistan reconstruction where but the Afghanistan papers are a series of Lessons Learned reports from cigar. That's the special Inspector General for the Afghan reconstruction and a bunch of

what are called snowflake memos. They're short memo still like one page or call paragraph memos from Donald Rumsfeld or to Rumsfeld and Craig Whitlock. I believe is a journalist named who foiled these and got these and they released them there on the watch. Post website and then he wrote a book called Afghanistan papers that weaves them together into a

narrative. Go read that book for those interested and Page after page, what do you see, exactly what any skeptic of government would expect? Perhaps even worse perverse incentives. So you have corruption not just in Afghanistan, but domestically because you have money flying around with no checks and people are just trying to grab it as quickly as they can. What else do you have dysfunction?

From top to bottom both in the US government in foreign operations and foreign relations with other governments, just massive dysfunction. It's not like, there's a couple mistakes made. So a lot of people like to say, well, what did we learn? And then, they'll say things like, well, we need to do this better. We need to plan better. We need more resources.

Well, not really my reading of the Afghanistan papers is that there are systemic features of the Military apparatus both domestically and internationally, which prevents it from doing those things that proponents of that apparatus claim, it can do. And so when that's the case, it's not a, it's not a matter of just, well, if we had better people planning, we had lots of people planning.

We had bipartisan, we had multiple administration's planning in Afghanistan. It's not a matter of resources. We had lots of resources. It's a pure matter of State. Pathologies of a set of dysfunctions inherent in a large-scale government operation and those things cannot be

fixed. That means that at a minimum someone who advocates for these things I would hope would be extremely skeptical going forward for those of us who are skeptical going into Afghanistan that My way of thinking provides a series of data points to illustrate the various concerns that we have with the operation of that state apparatus and it doesn't require cherry-picking. It's not like you're just picking out the bad stuff that happened.

I mean, the entire thing was a disaster, and you can even see this in the points of success people race. Like, what are the points of success? They race? Well, they typically cherry-picked themselves and say well women in this area got access to education. Well, number one, The argument for invading Afghanistan, was not, let's give some women access to education. That only became the goal when

it became the goal. Second of all, they, it's Cherry Picked because those instances where they increased access, they exclude the rest of the country, where there was things got worse for women. Oftentimes driven by the occupiers, by the way and of course the minute the u.s. left which itself was a disaster while they're still there, but formally left. It all collapsed. So none of it was sustainable. None of it was legitimate nation-building or Society building.

It was all just a dysfunctional shell game. And when I read this, I remember thinking like, okay, this is a chance like people if they read this, they're really going to see. It's kind of pulled back the curtain on the operations of the security State and then, of course, Russia and Ukraine happened not long after. Now everyone again is like, well, now we need to double down. We need a bigger military because of Russia. Because of China.

And so the, the the very small opening in the window for a critical discussion and critique of not just Afghanistan but of the security state in the military sector itself. Slammed shut pretty quickly and that's disheartening.

But also I think cause for dumb people like myself doubling down because now, We need more than ever to make clear to people how this thing operates, especially because of the risks that are posed by places like interactions with Russia and China where nuclear Wars on the table. And and so it's the stakes for humankind now or even greater. If we go back to where we started talking about the cost

of War, Of course, yes. So nato in its entire history, declares war declares Article 5 for the first time and then spends 20 years of an operation in Afghanistan and then the Taliban Takeover in 11 days and we have murder rates increasing in places, like, Seattle, Chicago, all across America, a lot of crime going up. And this is what Joe Biden actually says, on 60 Minutes. What? Chinese president XI know about your commitment to Taiwan.

We agree with what we signed on do a long time ago and there's one China policy and Taiwan makes their own judgments about their independence. We are not moving, we're not encouraging, their being independent, we're not to let that's their decision but would US forces defend the island.

Yes, if in fact, there was an unprecedented attack after our interview of White House, official told us US policy has not changed officially the US will not say whether American forces would defend Taiwan, but the commander-in-chief had a view of his own. So unlike Ukraine to be clear, sir US forces us. Men and women would defend Taiwan in the event of a Chinese Invasion. Yes. What would be the potential?

Downsides of the US intervening in a conflict between China and Taiwan. Clothespins, the biggest downside would be a war of massive proportions that would kill Millions. Upon Millions upon millions of people nuclear war. Of course, would talk about costs not just lead to immediate Devastation of a significant number of human lives. But have long-term effects due

to things like nuclear. Which, of course, the idea that it affects the atmosphere which then will affect the ability for things like crops to grow for other areas of life to function because of the effects on the atmosphere. And so, you know that clip is you kind of chuckle when you hear, because it's like no one China and then two seconds later, it's like no, we're going to, we're going to defend them if we need to. And so it's somewhat funny, but it's also scary. It's scary.

Of course, the consequences, but it's also scary. Because who's running this apparatus. So the president you know, is runs part of it. And but it also an enormous apparatus, you know, people refer to as the Deep state but that's outside the president's

control. Again, people like to think there's one person, but it's representative, I think of the dysfunction of it. And so, again, the issue is people like to think of someone being in control, they'll say things like we need government because someone needs to create Order someone needs to create stability absent. This we'd have chaos, we can't have chaos. We'll just listen to that clip. That's chaos.

Its orderly. In terms of, there's a sentence being said, in a certain structure, that's the order, but it's chaos. In terms of simultaneously, you have the head of the most powerful military in the world saying No One China, we're not getting Ravine and then we're going to intervene to defend. And so you know, one of my big concerns and something. I've Tried to push in my own writing is, you know, a lot of people frame international relations like, no, we have to be tough.

We have to deter if we don't talk strong than other people take over, maybe. But there's something to be said about when you talk tough, it also incentivizes other people to be tough as well. And so, often times the threat of violence is endogenous, meaning internal to the interactions between people. It's a response. You how you are behaving in the threat, they perceive.

And so, one of the things I think is really hard is to try to think about from the perspective of other people, non-americans how they might perceive statements, like the one we just heard and if they feel threatened, they're going to respond accordingly. And how are they going to respond? Presumably by making military moves. But then that creates again is we're going back to what we talked about earlier that

requires. Now the need for more military response because we need to be tough and it's just Is a spiral and so emphasizing things like diplomacy emphasizing things like, well, look, just like in your normal life. You don't have to like everyone you interact with but we tend to say like look, you know, you live and Let Live I don't have to like everyone I interact with or everyone, I, whose path I cross with but I need to find a way to live with them.

And why don't we apply that logic to the to the International Space? You know, people will say, well that's naive. That's that, that's a, that's a, that's the road to No, the road to Rune is pushing the most powerful military in the world into conflict. That is a guaranteed road to ruin.

And so, you know, I it's we're in a precarious time right now because of this stuff and, you know, I think the message and the topics were talking about here are of utmost importance precisely for that reason, I love Brian. Kaplan's example, I, if I remember it correctly, it's so you You start a new job and you walk into the office and you go up to everyone. No, just pull out a gun.

Just keep it at your side. And say anyone who screws with me, you're going to be in a world of pain, just go around and say that to everyone. Surely that's going to keep you really safe, you know? And everyone's going to like you and respect you because you're really, you know, showing them how aggressive you can get or could maybe the exact opposite happened and everyone would hate. You see you as a threat and want you either gone or dead?

It's like that is exactly. What happens when you put missiles in Turkey, to try to provoke the Soviets, or you start sending javelins to the government in, in Ukraine and you expand NATO against James Baker's, promise to explicitly, not expand NATO, and encircle Russia. After they just lost a ton of people in a world war so that that is so important and I did want to ask what are some examples of Industries in America.

Gotta Wear a large percentage of people worked in the past and today we don't have as many because this could sort of service and example, of just because we have a lot of people working in this military industrial sector. Now means we can still have economic growth in the future without such a sector. What is an example in American history? If there are any? Yeah, yeah, there's plenty. I mean, one of them steel

manufacturing. So at one point in time, there is a significant portion of certain regions. So like the Rust Belt and For example, were involved in steel production and that went away Through Time, both due to Innovations in Technologies, globalization so international trade and so on. And, you know, there was a cost

of transition. So if you look at a city like Pittsburgh the Steel City, there's a reason it's called the Steel City. There's a reason the football teams called the Steelers. It's because steel dominated that area. And so, when When the steel industry was in Decline, Pittsburgh took a big hit and for a while the city was in Decline but now Pittsburgh is a vibrant and Lively City. It focuses on technology, it focuses on health care and health Innovations.

And so, that's one example manufacturing, you know, often times you hear people say like, well America doesn't make things any more America's they should manufacture more stuff. The number we still do Extra stuff by the way. It's not as much as in the past and so that's okay too. Why don't we manufacturers much again, globalization and trade which is to my way of thinking a good thing and productivity.

So due to increases in Machinery, we don't need as many people involved in manufacturing and from an economic standpoint, that is a good thing. I mean just do a simple thought experiment, right? Like we have backhoes to dig ditches. So their backhoes dig ditches. Has and you need one person to drive the backhoe.

You could say, like I want to create jobs, I'm going to ban backhoes and all ditches must be Doug using teaspoons from now on and then you could have 500 people digging a ditch with teaspoons that would create 500 jobs but it wouldn't create wealth wealth creation is using scarce resources to produce things, people value that then frees up additional resources to do other things. So By having the back code that

only requires one driver. I can still get the ditch and it frees up. All the other laborers that would have been required to use shovels and they can do other things. And so given that we live in a world of scarcity, and we have unlimited wants, meaning human beings. There's always new jobs to be had. There's always new things to be done. And so, that's the way I think about the nature of economic activity and really the nature

of wealth creation. One of the economic issues we face when dealing with politicians or hate to use the term. Bureaucratic Feels Like Straw Manning, but members of the military industrial economy is the assumption that look, I work in a totally different sector. They work in this sector so they probably know what they're

talking about. So when Marco Rubio and Lindsey Graham, I mean two sources are telling me that Russia and China are people we need to, you know, start Dealing with and getting heavy handed with. I should trust them and it's not like, you know, we found that there, you know, heavily invested in, right? The honor Northrop Grumman so therefore they don't have a real interest. However, the economist appreciates the concept of psychic profit meaning that all of these people are still

benefiting the second. They get in front of a microphone and they get another election and they have all these people cheering their name, what is psychic profit? And what are some lessons we can appreciate. You ain't about it when trying to understand the potential ulterior motives for mode, for politicians trying to get us into war. Yeah, so the concept of psychic profit the best, kind of exposition if listeners are interested in reading more as Murray rothbard man, economy and

state. He talks about this idea of psychic profit but really what it is. I mean other people have talked about it too but I think it's a very nice Exposition. He offers really what it is. Is you know, a lot of people again think of profit like early return our call Cost. We said monetary outlays. They think of profit is like money in the bank and that is certainly one manifestation of profit.

If your, if your revenues exceed your costs but psychic profit is the idea that you and I are economic actors in general can benefit, we can gain satisfaction from doing things, which don't necessarily show up in monetary outlays. They don't necessarily show up in a balance sheet. So, for a politician, that might be something like, Effects, right? If you have a, you want to have a legacy for being, a good leader, in a strong leader.

That's, that's, that's a reputation effect, it's not a concrete thing that it shows up in the bank account per se. So why does that matter? Well, again, I think it comes, that's part of it, but I think it's a lot of this going back to your question about about politicians talking about foreign threats, goes back to just the logic of politics and get an electoral politics and keeping people in check.

Check. And one of the best ways to keep the citizenry citizenry in. Check is to instill fear in them. There's, there's hobgoblins around every corner and we are the only people that can protect you from them. And again, we don't need to go back that far. We could go back far in history but just go back to 9/11, all right? And there's a political Scientist by the name of John Mueller and he did wonderful work on the nature of the war on terror, from a variety of perspectives.

And one of the Things he pointed out just looking at statistics was the likelihood of an American being killed in a terrorist attack is miniscule. So you have a much higher likelihood of being killed, you know driving a car, getting a deer running across the street. While you're driving a car. Getting hit by lightning drowning in a bathtub things that we take for granted on daily basis.

We don't think twice about so he was trying to get us to realize the threat was minimal but he also has other books where he talks About and one books called overblown. He talks about to terrorism industry and he says the terrorism in distress, the politicians, that's members of the media. That's the private sector, Consultants. They all have an incentive to overstate the threat. Why do they overstate the

threat? Because the industry thrives on there, being a threat if there's no terrorist threat, there's no terrorist industry because who's going to pay for a non threat just like most people don't pay for, you know, a consulting firm when they worry about deer running across the street. Happens. It's terrible when it happens and people are harmed by it, but it's a part of life.

And so that's why I think most politicians do it because by doing it, they can secure more resources, more control, and people fall in line. And then, once you anyone, who tries to push back in politics, and this is one of the great challenges you then get pigeonholed as being soft and not caring about security and Liberties. Like, I am concerned for the people safety, and my opponent is wish She washe and week and they are okay with the

terrorists taking over. It's like, what are you talking about? You know, this just isn't a threat to worry about. So you came and have those conversations which is really troubling. I had once asked, what one of my Jewish friends, I had said. So you and I went to Temple for 13 years. We were raised Jewish. And we're always told about the horrors of anti-Semitism and in 20-something years have neither of us have faced, you know, any terrible anti-Semitism that

we're always. Told us lurking around the corner, I asked him, what do you think? This is he goes now Zionism thrives on Jewish and security and in that moment I go well you know what that is so interesting that there is a power, grab to be had the more insecure. This organization is the more organizations, like the ADL are

going to get attention. And you see that in every single aspect of society, where the leaders have become now, a terrible exploiters, I've really enjoyed this conversation. You have time for three more questions. Sure. Yeah. Now America was in a Great Depression then there was a second world war and then there was no longer a depression therefore WWII got America out of the Great Depression. What if anything is wrong with that? Yeah, so so the this is a story that is widely accepted.

It's taught in schools. Many people believe it. The idea that that World War Two was the driving force. Behind getting the United States economy out of the the the downturn it was stuck in the wake of the Great Depression and the the best work on this from from, from my perspective, is by an economic historian by the name of Robert Hicks and Robert Higgs wrote a series of papers and I'll highlight 14.

Now, in the what I'm talking, I forget the exact name but it came out in the early 90s and what Higgs did is he reexamined the data. On the war and some of the common claims. So what are the common claims it increased employment? The war being, it increased employment it led to more output and it increased consumer spending. So Higgs is great on this, he takes the data is given and he says, well let's unpack this using economics. So let's start with output.

So output went up, of course, it went up. Why did it go up? Because the government made more stuff, that's the logical outcome. If you spend more money on making tanks, you're gonna get more output. But wait, a second Pig, says, something's amiss. When we talk about output for human well-being, we think we talked about things that people value, not just production for Productions sake. So then this goes back to what you and I are timeout. Earlier a dollar is not a dollar making.

Drone is not the same as making an iPad, that allows someone to be more efficient in the private sector. It's true that both of those things are output and the problem with aggregate output measures gross national product. For instance, is that it doesn't differentiate between

value-added output and output. That's produced for output sake, the same mistake that economists made with the Soviet Union that what was the mistake they made a few look like Paul samuelson's textbook, he is GDP gross, domestic product figures. He's like Soviet Yoon's could have got a pet surpass. The capitalist systems, what was the mistake? Well, there's a small number of economists warn Nutter. Paul Craig Roberts Murray rothbard, it said wait a second,

something's not right here. How can it be that you're claiming that the Soviet Union is going gangbusters with growth but people are waiting in line for basic items like bread and meat things that we take for granted in developed and Wealthy societies. Well, because what we're aggregate figures at counting in addition, Some of them being made up whole things like military, expenditures infrastructure, and so on those things don't improve human

well-being. They don't improve the true genuine wealth of the private citizenry. So that's number one. Big says look when you pull out military spending which is what he does of those aggregate figures, it didn't go up, it actually went down. Okay, so that's myth. Number one, the idea that somehow the war increased output it didn't it increased output. Sure. But it increased output in areas that didn't improve the well-being of people.

Number two is labor. So it increased or excuse me, increased employment or or decrease unemployment. That's the second kind of common claim. Hague says, look what was going on during the war conscription and redirection of private people into war production.

So if government says, you know, we're going to hire people to make typewriters and then it starts spending a lot of money, hiring people making typewriters and then more people Both start working on typewriters, it would be weird to call that some glue, some major success. It's like government has distort spent money on distorting things, of course you're gonna get more outcome. Somewhat is Higgs.

Do he looks at Labor Statistics and he pulls out all the military people involved in. What do you see during an actual private employment decreases? Then you get consumer spending and so what is Higgs do? He says well you need to adjust for inflation because a dollar is not a dollar when the government is running the printing. Press he had He controls for What's called the inflation deflator. So basically you're turning nominal money into real income by controlling for inflation.

The purchasing power of a dollar in the face of inflation and consumer purchasing power didn't increase. So there you have it. He's using the data itself combined with the economic way of thinking that we've been discussing to demonstrate that, it wasn't the case that it increased consumer well-being, the the well-being of concern of private consumers in I could hug says look, you had a centrally planned economy you had rationing. You had basic items that people previously were able to get

nylon rubber. They couldn't get, they weren't coffee coffee grounds, lots of things they were and they were encouraged. As we were talking about earlier to impoverish themselves. Don't take trips, don't buy stuff. You don't need. Eat all the food on your plate. Grow your own food. These are all examples. Bowls of not wealth. It is an example of the destruction of wealth of making people poorer, and it's quite a powerful narrative that he tells

and I find it quite convincing. One of the arguments against a lot of what you're advocating is, what this does. Is it leads to hoarding hoarding materials. Hoarding money is really bad for an economy. This is another word. This is the slander word for savings. What are the potential benefits of saving money or postponing consumption of resources in an economy? Yeah. Well the first of it appear, Lee Private level is its people's resources. So if they If they want to, if

they want to forego consumption. Now in order to have money for consumption in the future, that's that's living in a society where people are free and and they control resources. That's number one. But on top of that, you know, people view savings, as you put a quite correctly often times is like I don't know if they think it's like buried under someone's mattress or whatever. What happens with with savings? Well, it gets invested that those resources get Invested.

And in order to grow an economy in order to become wealthy, you have to forego consumption. You have to invest in What's called the structure of production, lengthening the structure of production. In other words, you know, go back to like a very rudimentary thought experiment, you're on an island by yourself. You could fish with your hands and let's say you could catch five fish during the day because fish are difficult to catch with your hands or you could forego

consumption for a day. So you could not The fish, but you could work instead on spending your time on investing in capital. What could you do? You're sewing a net, right? It take you a day to so Annette and then tomorrow you can catch 10 fish with the net. So you for you for went consuming today, you invested those resources and lengthening the structure production and you become more productive in the future.

That is what drives development tied up in that, of course, if things like entrepreneurship, so, entrepreneurship is the alertness to profit opportunities, but, You need resources to leverage that alertness. So I have an idea that I think will generate some new innovation but I need resources. Where do those resources come from people saving. And so the idea that somehow saving is a bad or it harms, the economy is a very peculiar view

of what's happening. And certainly, I think neglects the fact that in order to extend the structure of production and to become wealthier Through Time, Foregoing consumption is necessary. Final question. Thank you so much for your time. By the way, joined by Professor Chris, coin of George Mason University author of in search of monsters to destroy as well as manufacturing. Militarism US Government propaganda in the war on terror.

A lot of people, even people who don't agree with us, economically are familiar with the concept of Adam Smith's invisible hand. Can you please explain what the Implications are of the Invisible Hand and why it's important. Sure. So the Invisible Hand interestingly Smith uses the term invisible hand once in The Wealth of Nations and then once in the theory of moral sentiments.

So he's become known for this and it's a term that gets used a lot, but it's not like Central to the his enormous books. They're quite thick and dense and filled with insights. But in any case, you know, people typically, when they use the term, invisible hand, what they mean are these? Self ordering processes of markets.

And so what they'll often times say is markets look like, or or act as if they're Guided by an invisible hand, that something that they're being controlled to generate an orderly outcome.

So that's fine. I think it's problematic from the standpoint that no we just need to be careful not to fall prey to the idea that someone controls the economy because no one controls it. And that's why The economy market economies are desirable and so just to say a little bit more briefly markets number one or interactions between human

beings. There's buyers and their Cellars. So the idea that markets do anything is a misnomer to start with markets, don't do anything, because markets don't exist absent individuals, interacting with each other. Any time you mess with the market, you're messing with human beings peacefully interacting with other human beings. That's the first thing. So then, why do we have

confidence in markets? Well, because there's Is in place, private property rights, I have ownership over my person and over some resources and so do you without that, of course, you can't have the exchange, because you can't trade, something you don't own, and so exchange requires either some kind of property, right, recognition. That's a norm that is a Norms, a set of traditions or beliefs.

It doesn't have to be formally enforced, although it can be, you can have government enforced, property rights in All and empirically, they do that in some cases but they don't have to be. And so you need those property rights. Then what happens then price is emerge through exchange with a monetary unit, those prices reflect scarcities that allows us to judge how to best.

Use, scarce resources, should I use a scarce resource to make a phone or an iPad or computer or to leave the mitel that's an option as well? Well, I have to gauge what the expected value of them and so I purchased resources Combining together. And then how do you judge? Whether you have made the correct forecast, profit loss in a market, that's what profit and loss does a profit indicates

that you have produced things. That consumers value a loss indicates that you have not and it's a incentive to stop doing that. So what people refer to how often times is the Invisible, Hand is this process because what happens in this process is order, emerges, order emerges,

not through anyone's centrally. Planning it not through anyone, centrally controlling it, but through human beings pursuing, their own diverse ends peacefully, interacting with other people and coordinating with them. And it's a beautiful thing. Because when we step back and appreciate it, which we often don't, we typically take it for

granted. We say like we point out the bad stuff or things that we think are bad things and we take for granted the fact that, you know, we're able to get goods and services that People in the past could only dream of and were able to get them relatively quickly and we are able to Outsource almost all aspects of Our Lives. We're able to have chefs, we're able to have access to medical

professionals. We're able to consume artwork from around the world, and music from around the world, and entertainment from around the world, sitting at home. And those are all wonderful and beautiful things and they are the source of human, creativity and Ingenuity. And it is ultimately, the power of markets is they enable human beings to unleash, their creativity. They enabled human beings to truly develop, you know, there's a tendency to view development to some outcome.

Like GDP measures our per capita income, this goes back to your good question before about psychic income. Let's take a broader view of development development is doing what you want to do. Maybe your goal isn't to earn as much monetary income as you can. Perhaps, you have a Offer for a hundred thousand dollars, but you except the one for 75,000 dollars and I say, well, that's crazy. I can't believe you gave the money. You say no, actually, I can because I made the choice.

Why? Because of psychic income because the seventy five thousand dollar job brought you additional satisfaction. Maybe it was geographic location. Maybe it was the pride in the work that you valued the work you'd be doing even though your monetary salaries lower could be a whole host of different things, maybe you like the people more? You like the the the mission of the organization, it can be a whole host of things. And that is the beauty and power

of markets. In terms of allowing people to flex their muscles of creativity, and true diversity. Because to the extent, each of us is different. And each of us views the world differently, markets and power people to both nourish that diversity, but to act upon it, as well. And that's just a few of the reasons that I find markets so attractive as a way of Organizing social interactions between people.

I really appreciate that answer, just because I had always seen it. I'd previously seen the world as well. When you do something, you could either do it for yourself or you could do it for the greater good. What Smith does is? He shows that no such dichotomy. What will exist? So long as you're engaged in voluntary exchanges with, with other people. So I really appreciate you bringing some research and background into that. Check out the links in the description will take you to dr.

Coins. Website CC o YN e.com again the book is manufacturing militarism. U.s. propaganda in the war on terror. I know you have another book on tyranny in the police state, but I don't see it on your website. What is that one called? Yeah, that's called tyranny, comes home. It's under its on under another tab on their tyranny comes home. The the domestic fate of u.s. militarism and that, that is

about how intervening abroad. You know, a lot of people act, like intervening abroad, protects Liberties and freedoms at home. They become integrated into American life. This goes back to your wonderful question before about the culture, the domestic culture and you see things like the militarization of police, the surveillance State, all of those things started abroad, and slowly integrate it into domestic life.

And in the process eroded Liberties and freedoms and continue to do. So, thanks to everyone for watching Keith and I don't write on anyone and the libertarian Institute dr. Coin thanks so much for your time. Thank you again. Keith

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