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174. Principles of Economics: Interviews with Tom Woods

The Bitcoin Standard Podcast

CHAPTER

The Economics of Defense From Aggression

Libertarianism is not pacifism. It doesn't mean you don't engage in violence. But that defense against aggression is just another market good. We can have security by letting a bunch of people have the ability to destroy our security whenever they want. And then once every four years we get to replace them with a new group of sociopaths who can violate our security Whenever they want.

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