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Episode 65: Which Is More Important, Political Freedom or Economic Freedom?

Words & Numbers

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The Importance of Economists

When you see humans coming together, you see them in a very different way because when your humans come together, they form a body politic. That's right. And the thing to remember here, and I'm going to try to situate this in terms of what you've already said, but the one huge difference is that every political thing involves the exertion of authority. People will ultimately be told what they're going to do. We can seek to minimize or maximize that. But that's what it is at its heart and soul. Even a democracy is authoritarian.

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