
The Implications of Digital Revolution with Salim Ismail (WiM278)
The "What is Money?" Show
00:00
The Dirty Little Secret About the State
If you're a libertarian, there's a dirty little secret about the state. If I have an LLC, the state is shielding my limiting my downside. It gives me freedom to try things out in an interesting way. The aggregate effect will be better than if they didn't. But if you wanted to be truly libertarian, get rid of a lot of seasons and see how fast capitalism collapses.
Transcript
Play full episode