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Is the attraction then why do we have so many millennial zz and so many people attracted to this idea that so many of them have no historical knowledge of whatsoever go ahead thomas in baltimore was mostly because people like David Henderson and myself have been snuffed out of the academic world there are still hundreds of classical liberals in american academe but were outnumbered by hundreds of thousands of others and the young people are taught what economists call the nirvana fallacy they pose socialism as some sort of utopian ideal and compare that to the real world and of course the real...

Capitalism is the status quo is exactly what we have right now and you know the occupy wall street protesters back during the financial crisis they were protesting capitalism they thought they were they were actually protesting the nexus of sort of big business and Big Government together and sort of power that that yields the 2nd fallacy is that if we want to do something as a society to help someone or to organize ourselves in some way that that is either you know this nation state this government thats going to do it or its not going to be done at all and you know my colleague ed string is ...

That and its evolving in innovative and all that yet ok david a month ago you want a job and i had some facts about the u. S. Economy the middle class is disappearing. Were is disappearing upward we have 3 times as many households with 100000. 00 or more in Family Income and this is adjusted for inflation than we had 50 years ago thats you credible improvement so lets not forget that things are Getting Better ok well i think will be there isnt the Income Distribution issue thomas let me go to you there i think this also is giving people cause to quote unquote support socialism because while th...

Let me go to you 1st in baltimore i dont i dont really think on this program we need to speak about the failings of socialism i think were all on the same page on that here my point in this program is here no i dont want to waste time on that because i its obvious ok historically it obvious on its face here but thomas what is the attraction then why do we have so many millennial zz and so many people attracted to this idea that so many of them have no historical knowledge of whatsoever go ahead thomas in baltimore. It was mostly because people like David Henderson and myself have been snuffed ...

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