In this episode, Bob flies solo and fields another Contra Cruiser request. Specifically, he explains the standard Austrian approach to air pollution, and then talks about the risks of catastrophic climate change. Do libertarians just have to hope nothing really bad happens?
We get this question all the time: what did Krugman win it for, and can you explain it in an episode? It involves trade, and we're discussing it today.
It's one thing to find problems with the current monetary system. It's quite another to recommend an alternative. Switzerland has establishment commentators going berserk over its own proposal -- why, this would return us to the "Dark Ages," warns Business Insider. We're less interested in Switzerland than we are in figuring out what changes would move us in the right direction, and what changes would amount to the cure being worse than the disease.