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Ep. 1990 The Dreadful State of Economics, and How to Fix It

The Tom Woods Show

00:00

Economists Can't Will What You Desire Into Existence

Economists are sceptics of what mere political will can accomplish, he says. He thinks economists to day view their role as kind of engineers in service of the state. Economics is about you now helping design interventions that correct market failures,. That's what a lot of young people, sad to say, understand economics to be - it's a problem.

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