2min chapter

GoodFellows: Conversations from the Hoover Institution cover image

Economists Rule?

GoodFellows: Conversations from the Hoover Institution

CHAPTER

The Cornerstone of Freedom Is Freedom to Transact

In china, you don't have that freedom. The government watches everything you buy and sell, electronically. Once you make it cheap, people who want to cheat on their taxes, ransom ware, can also do bad stuff cheaply. But if the government controls and watches every single transit and leaks every single transaction we make, we've just lost all sorts of liberties. That is the hard question, which i think we must answer optimistically.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode