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174. Principles of Economics: Interviews with Tom Woods

The Bitcoin Standard Podcast

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The Threat to Security Is the Government

Security is just another economic good. Whether you buy your own gun or you hire private security guards, you are the one who can secure yourself. The US government spends trillions of dollars on security and they have military bases in Korea and in Qatar... And yet, children in Chicago can't walk to their local grocery store to buy groceries because Chicago is like a war zone. I mean, you could give every single person in Chicago a private bodyguard with the money that the state takes from them. Half of the population of Chicago would be employed as bodyguards for the other half of the population ... Everybody would be a lot more secure.

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