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The Virginia School of Political Economy with Don Boudreaux and Jayme Lemke

Hayek Program Podcast

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Why Is It Dangerous to Compare the Real World Version of an Antitrust System With the Real One?

Public choice scholar: It's dangerous to compare the real world version of one system with the fictionalized or idealized version of a different type of system. What are some examples in your mind, historical or contemporary of some issue that an economist might get wrong if they fail to take some of these public choice questions into account?

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