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Ep. 679: Jeffrey Miron Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Constraints of Government

Jeffrey Toobin: Government faces constraints as it raises tax rates and tries to take more. He says the market will impose constraint if you try to borrow more than your economies can generate. All of these economic agents face trade-offs, And that's going to be crucial to what effects government policies might have," he says.Toobin: Advocates of current policy of prohibition are relying on two arguments - drug use is bad or not.

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