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Ep. 474: Freedom with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Political Mechanisms in a Society

No society can be stable unless there is a basic unthinking, unquestioning allegiance to certain common principles. So majority rule is an expedient which we have adopted in those cases where we need conformity. But every time you have to reach an agreement that requires conformity, when a majority votes and a minority must conform, you strain that social fabric," he says.

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