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"New & Improved" with Johan Norberg || EP 590

Good Morning Liberty

00:00

What Is Not Seen, Isn't Seen?

The difference is that on the market we make mistakes constantly, and it's trial and error. And since the government has access to lows regulations in other people's money, they can make mistakes as well,. But much la mistakes, and nobody's going to stop them. The question is, how do you build a system of institutions to make sure that as much capital and labor move from the mistakes to the potentially much more hopeful places? i think, to emo, that's the first key message, i think, looking at, where is the knowledge and where are the good, healthy institutions to to deal with it?

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