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Ep. 2252 The Military Can't Win the War on Drugs, and Other Lessons from U.S. Foreign Policy

The Tom Woods Show

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Introduction

Chris Coyn, professor of economics at George Mason University, talks about state capitalism. He says the military sector represents what he calls "peak state capitalism" The government becomes entangled with a variety of different aspects of market activity,. They might block people from making exchanges they otherwise would have made and subsidize certain producers.

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