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Ep. 2351 Setting the Evil SOBs Straight on Energy, and More with Saifedean Ammous

The Tom Woods Show

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The Economics of Defense

Defense from aggression is just another market good. It has value because it has utility. There's an infinite amount of potential threats. And there's a finite amount of resources you can dedicate to your defense security. So what we have here is just another economic good.

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