Woods knocks it out of the park

Economics Political Theory
1

This speech by Woods is fantastic. Recommend it very much. Definitely worth the 1 hour. There are a bunch of great spots which I will highlight:

  1. 6:15 - 9:05 - great and emotional explanation of iPencil - a video that could easily be shown in a classroom.

  2. 11:11 - 11:46 - why the poor were poor historically

  3. If we impose the entire Federal regulations Register on Bangladesh, would they all suddenly work in high-paid, safe, air-conditioned offices? Of course not. They’d be unemployed because no one could afford it.

  4. 15:14 - 15:33 - rich get richer and the poor get poorer

  5. 26:11 - 27:00 - private regulations impossible absurdity

  6. 27:00 - 27:36 - joke about private vs. govt regulation

  7. 33:40 - 34:03 - Regulations would have saved us absurdity

  8. 34:43 - 37:22 - Greenspan worship plus joke (joke comes 35:35 - 36:15, but the context is nice)

  9. 46:54 - 47:23 - Feel good joke

Definitely DO WATCH.

2

And I want to bump this because I made a lot of new threads :stuck_out_tongue:

3

The point about Native Americans was a real eye-opener.