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140. Climate Alarmism with Professor Richard Lindzen

The Bitcoin Standard Podcast

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Did It Really Get Better When After Sputnik?

In a free market system, scientists have to earn their keep by proving their value. If you're constantly putting athletes up against each other in a competitive environment, they excel. Once the scientists and universities are no longer funded by voluntary contributions of students and industry, then you've removed the competition that forces them to become better. It's just central planning has happened everywhere. Think about it like what happens when the government handles the potato industry and the Soviet Union. Either you're going to get a shortage of potatoes or you'll get a flood and surplus of potatoes.

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