Every time I'm randomly in conversation with an economics major, I ask if they've ever heard of the Austrian school, Murray Rothbard or anarcho-capitalism and am stupefied to still have never gotten a "yes". There's a reason these schools of thought don't receive proper discussion in major educational institutions, and it's the same reason a truly honest politician could never make it in today's political landscape...

@fountaincap

7 жыл бұрын

I didn't major in econ but took a few courses in it and was lucky to have a conservative/libertarian professor who had us read Rothbard and Hayek among others and even described anarcho-capitalism to us as an interesting idea we might want to check out. But this guy sure made a lot of enemies among the Marxist student body and you're right that having a formal education featuring Austrian economics is exceedingly rare.

@benjammin6228

5 жыл бұрын

fountainhead Keynesian economics seems to be more common I think. I don't know for sure because I'm not a econ major.

@traceybaldwin6509

5 жыл бұрын

I had Econ I & II in college in the 80s, and all I ever heard was Keynesian theory. Never heard of Austrian economics until Ron Paul.

@wyattjd1157

2 жыл бұрын

@@fountaincap That guy sounds like a walking baseball bat, where do I go to take his classes?

@jasonbracewell6345

10 ай бұрын

​@@wyattjd1157I had an Austrain professor my first econ class in college. He name dropped Austrian economics explicitly.

I had the privilege of attending this meeting and had the honor of meeting Dr. Ron Paul in person at that time.

@ProlificThreadworm

5 жыл бұрын

Nice bro. Like this comment to pass on to me 🤜

@juanfelipe8484

3 жыл бұрын

Amazing

Wow, having known of him only from his radio show, Tom Woods is so much more animated that I imagined him to be. What an excellent speech.

@Harrichael

8 жыл бұрын

you should check out his talk on depression of 1921

@joeyservo

Жыл бұрын

The guy really has standup comic-esque timing. I would have murdered to have a professor like him back in college, in any subject really.

This might actually be one of the best speeches I have ever heard. From the delivery, to the incredible words of wisdom and truth in it, this was fantastic.

I received a degree in Economics from Penn State. In 4 years, not a word on the Austrian views. Not until I heard Tom woods, started to read Rothbard, Hayek and Mises did I realized, what a bunch of garbage I was taught college. Thank you Tom Woods and the Mises institute.

I LOVE Toms point about "we" at 12:00 I always have to point this out when debating

I love what Woods says about the state and "we" . . . this really has been pummeled into our heads and hearts from our earliest education/indoctrination! The moment I heard this simple truth (that there is no "we" regarding the people and the state) it made perfect sense! Beautiful!

This is consciousness rising !!! Amazing speach Mr. Woods

Your story about talking in front of the Desert Storm Veterans inspired me to keep studying and blogging about them. I will read Anatomy of the State next! thanks!

@benjammin6228

5 жыл бұрын

Carlos Guerra I listened to the audiobook brought to you by the mises institute.

Unquestionably one of Tom's greatest talks!

I salute you Sir. So great to listen to this!

Great talk to come back to after a day of reading Rothbard. You the man Woods!

Tom Woods in fantastic, though he keeps saying he is not. I cried after this lecture. It is wonderful!

Nothing has changed for thousands of years and nothing will change.

thanks Tom! very inspiring

Man, I love Dr. Woods. He has that rare ability to teach extremely well and entertain all at the same time. I laugh my ass off and learn great stuff from him. What's great about this lecture is how he has the integrity to call himself out for being wrong on previous views. How many great academics do that? Someday, some brilliant whipper snapper will give a great speech saying how wrong he/she was until he/she found this crazy Tom Woods guy who made him/her question the conventional wisdom.

Amazing , everyone around the word needs to listen to this

Thank you Tom Woods. You, Ron Paul, and Judge Napolitano are my greatest inspiration

"It takes nothing to join the crowd, it takes everything to stand alone", but..... you're not alone !!! Thank you.

Thank you Tom, you have helped changed my life and view of the world. Thank you, thank you, thank you.

That was an intellectually beautiful speech! Bravo good sir, Bravo!

nice public speaking very entertaining and educational thank you

I enjoyed his book “Meltdown". Didn't know he was so funny. I'm guilty as well for cheering on the wars.

@imonlyamanandiwilldiesomed4406

5 жыл бұрын

Yup, Tom is funny. This is the funniest thing i've seen from him: kzread.info/dash/bejne/hqaXr5eeqKfek8Y.html Blooper reel: kzread.info/dash/bejne/nZd20Md-h9O1qs4.html

In my opinion Mr. Woods is one of the liberty movements most valuable assets. Keep it up good sir.

Here we are 10 years into the future and it look worse then when they had the talk

Good talk!

Ain't gonna lie, I really did, and that was before seeing your comment....haha, Tom is an amazing speaker, and it's an amazing message. Very encouraging, we need to get the message out!

Awesome speech Mr Woods, once again! Keep fighting the GOOD fight brother!

Years between them, and yet comments on this video tend to be unusually well written, wouldn't You agree?

Same to you. Live long.

Nice ending. Mr. Woods is maturing into a powerful speaker.

I'm aware of all of this. I was drafted, I didn't volunteer. and when I returned home, I actively protested against the war.

Wow he's a good speaker, would love to see him run for office some day.

this guy is always on point!! very sharp

Tom Woods is a national treasure.

Powerful speech. Great work!

Sometimes I feel like Tom Woods is hypnotizing me.

He is just brilliant.

How ever I am sympathetic towards Rothbard. It is just that his revolution has not happened in any country or area yet. I feel that whether we are talking about natural science, behavioral science or political science this reality is our testing lab, and that given enough time, those theories that are to happen will happen at some point. The Rothbardian model should come into being if it is a realistic one. I'd be happy to see it and live there if it does.

Excellent! I too was once a supporter of Obama (though I couldn't say "ardently"). I saw Obama as the lesser of two evils, but was unaware that there was a politician, and party, and ideology that so closely matched my views and beliefs. Ron Paul is a true American treasure, and Tom Woods and the rest at the Mises Institute are brilliant! They brought be back from political death!

I always like to hear Tom speak.

Great speech!

Outstandingly intelligent and funny.Great post.

What got us into WWII was getting involved in WWI, and it was really a continuation of the same war. WWI was a European war, and it made no difference to the U.S. who won that war. But the treaty of Versailles placed the blame of the war on Germany and that led to the rise of Hitler. But because of our involvement we had into WWII. If we stayed out of WWI we could have avoided most of the wars of the 20th century. Its entangling alliances that lead to world wars.

@kensurrency2564

2 жыл бұрын

You can thank the elites who run the world. They carried Wilson into office, and he did everything they wanted. Lied us into WWI, engineered the Treaty, guaranteed another war. The elites just needed a demagogue, it could have been Ludendorff just as easily as Hitler. The 20th Century was all planned, tied up in a neat bow by the time the Y2K ‘crisis’ ended. The 21st Century has also been planned, don’t you think? PNAC was setting up the problem-reaction-solution to the first ‘crisis’ of the new century. It’s all planned, and it’s waaaaaaaay above our heads.

Great job, Tom !!

Outstanding!

I see, have it your way, TJ. My questions are now answered.

It's gonna be alllll right, Sovereign.

you're a wise man Tommy.

Damn... Almost teared up there at the end.

I'm an American expat in thailand. I am a US veteran, served in Vietnam, I lost my older brother in the same war, my father was a decorated vet in the Army Air corp in WW2. I had a small engineering business in the US for over 30 years, paid huge personal and business taxes, provided capital that supported families, etc. Now the IRS wants to collect income taxes on money I make here on my retirement farm. Just consider that for a moment. I collect no social security, and don't plan to ever.

Fantastic as usual!

God DAMN! Tom Woods is on FIRE lately! I don't know what happened, but something made him REALLY angry recently and it comes out in his presentations.

I was not talking about destruction nor wars in specific, destruction has many names. But your words are good example of why there is tremonodus lack of understanding on american libertarian part what foreign policy is, and how unique US situation in that regard is. Becuase of natural geopolitical position of US it is one of the rare examples in history, where isolationism could make sense for the time being till circumstances would not change.

Love this guy!

I used to be a one of the sheeple and didn't think ( I think that was the problem) anything much of the Iraq war and all the innocent civilians who were killed. It's encouraging to know people can wake up and see that they were wrong, dead wrong, about something so important as war. Being ignorant like that is bad enough , but what is worse is continuing to hold those beliefs when people are trying to wake you up.

Thanks!

Great talk, I'v always said that the things won't get better until libertarians and anarchists will stop saying 'we' when they talk about themselves and their coercers.

Woods is great

If he doesn't have a clue, then a clue is not something I desire.

Bitcoin brought me here. Have been binge watching and reading about Bitcoin, hard money, Rothbard, Mises etc. You can't change Bitcoin but Bitcoin changes k!

There have been repressive regimes since before and after of the founding of this country and the founders understood that the people would be inclined to want to intervene. But the reason Washington, Jefferson, and Madison supported a non-interventionist foreign policy is because they believed that we should only be concerned with our own security, and that the people under repression would have to establish their own governments like we did, and that we should be an example.

What is hard to understand is how people with so much twisted and irrational thought make it through life.

I always kinda disliked Tom Woods because I thought there was this Neo Con element in him, but now I realize how disgraceful that was of me. The guy is a legend.

I approve this message.

F*** I love Tom Woods.

I used to watch Rush when I was in college but I never fell for the war BS. As a Canadian I can confirm that we are war-fatigued from Afghanistan, I can only imagine how most Americans feel. Not seeing our brave men and women coming home in boxes anymore has lifted a great weight from our colective shoulders. I hope America can shed this burden sooner than later.

I love how uni didn't teach him this. And that was back then. Think how bad university must be now.

What is with the ominous music? I expect Jimmy Carter to sit there, smile and tell us we're all going to die.

It's we as in everyone that you are including with your idiocy. Even though three days ago you were telling me that I was obligated to your whims. Look at that you are learning finally.

I think the phrase describing our ruling elite would be that they are "...a little more equal than the rest of us." If that makes any sense.

Come to think of it, I don't remember my own sudden leap to reading Rothbard lol. I'm sure Woods's incremental shift to Rothbard, et al can be pieced together by studying enough of his material. In a few of his other vids, he refers to various periods of intellectual maneuvering as he honed his craft/perspective, which I'm sure we've all experienced a time or two, or three..

brilliant

Right on!!

Mandate from whom? If you see a crime happening do you ask whether you have a mandate to stop it?

Precious metals being wasted without any foresight, that's what's wrong. I wasn't implying anything to be wrong with the materials themselves. Secondly, I was referring to consumer electronic products, 85 percent of them end up on landfills. Their waste is toxic and is capable of releasing into the air. Furthermore, recycling them is a health hazard for those who do it. And no, recycling plants are not run by the government.

I agree. I don't think we need to continue our streak of imperialistic world-policing, but I don't think we can apply the private market model to everything-- one of which is the US armed forces.

I used to have a very aggressive neo-con foreign policy too. The reason why was because I knew for a fact I wasnt a socialist liberal. I just knew in my heart that their philosophy was totally wrong, both morally and mathematically. Thus since I wasn't a socialist Democrat, I must therefore be a neo-con republican! Turns out I was wrong. Dead wrong. A real conservative is not a pro-war pro-interventionist. He is a pro-American non-interventionist. Interventionism is a liberal ideal.

@Si_Mondo

2 жыл бұрын

The thing is, US Conservatives *ARE* Classical Liberals. Who you call "liberals" I think should be referred to as managerialists. There's Marxist and Syndicalist elements to what they advocate for, all while dressing it up in what sounds like Liberal rhetoric. Managerialists love control; war brings with it at least the illusion of control, hence managerialists love war.

democracy is organic ❤

Interesting thought but who knows? Don't want to call it wrong track but...the more I study about the free market and authentic capitalism, the less possible the scenario you illustrate seems. Specific sources I'd suggest are Lew Rockwell, Butler Shaffer, and of course Tom Woods. But Shaffer has some great writings on what you've mentioned above...

I was stupid as well Dr. Woods regarding war. Don't be down.

@benjammin6228

5 жыл бұрын

efrem1 same.

Thumbnail to this video: "Watch out, we've got a badass over here."

Israel is by far the dominant state in the region, thanks to the US' continuing support. The Muslim Brotherhood in Egypt, while it appeared as though they were pursuing relations with Hamas (they've actually experienced a sharp rift recently), is now occupied with domestic affairs. Not even Iran at this point can be said to be much of an aggressive military threat.

Thank god.

Too good. Cant get enough of the libertarian dose

from 16:50 to 18:50 awesome

The only examples I can think of right away are predatory lenders, but their actual success is debatable. and tobacco co.'s, but what exactly are they wasting? Generally what business is successful despite its wastefulness and damaging tendencies? Damaging to what, the environment, people? And wasteful in what regard? Are they wasting time, money, resources, equipment? Yet somehow 'success' pops out of the equation. I guess some biz practices backfire (ie house-flipping), but that's speculation.

The consumer electronics industry is remarkably efficient. Look at the prices of TVs, laptops, and cell phones today as compared to 10, 15, 20 years ago. They've plummeted for several fundamental economic reasons, one being improved efficiency. This is the whole point of a pure capitalist economy--to service a legitimate demand at the least possible cost. People on welfare can afford a 60-inch plasma. What's immoral about silver, gold, and copper?

OIL stands for what again?

I could be on the wrong track here, but isn't it likely that if you remove intervention, if you deregulate the free market and you leave the system in place that allows for the accumulation of power (capital) by any and all individuals able in that arena, you will fairly soon end up with the same thing you have now, maybe just dressed differently? I mean, you may end up with insane individuals holding tremendous power in the form of capital and then they may enforce their will anew.

Perhaps, but I don't quite see the unambiguously positive side. Influence is exerted when there are regulations in place preventing certain actions on the part of a corporate structure. Some of these regulations are there to protect you. Also, do we achieve actual or merely market efficiency? One can efficiently produce junk and successfully 'push it' onto consumers through marketing or produce variants of a product in rapid succession, each prompting the target to buy anew. Not quite efficient

Viva Rothbard!

States operate in environment of anarchy. There is no one who enforces rules of behaviour. Therefore the only rule there is is your power translated to infuence in name of security. Becuase security means potentially everything all states in order to preserve their freedom and ability to develop have to spread their control/influence over other parts of the world. War is just one of the means to achieve that goal. Security does not necesarily translate to economic gain.

I'd suggest, that he and his fellow liberterians would study the field of military strategy and what it means having psycho dictators with WMDs, and only then consider deriding the meanings of and for war..

Would be fun to see Tom Woods debate Barack Teleprompterobama.

No, I'm asking honest questions, backed by honest curiosity. I'm not really concerned with being called 'dumb,' (you've done this before, but it's all good) or trading asinine remarks on a silly internet chat-thread. But if you do indeed have ample, substantiated refutations to any of Woods' work, I'd be happy to read. I've read half of his books, and many of his recommended books. Perhaps you have books of your own that address Woods' historical shortcomings?

Type in Nullify Now Los Angeles Woods.

Destruction is inherently illogical. If it was logical then theft, rape, and murder would be voluntary for both parties involved.

Cypress Hill brought me here?!

Those doubts didn't sound minor