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Ep. 513: Ayn Rand Returns with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Power of Production

All monopolies are created by a special privilege for government. It's only by an act of government that you can keep competitors out of your field. Therefore you couldn't become that kind of monopoly. The power you hold as an industrialist is not the power to use force. It's the power of producing something of value. And it's the people who literally can't control you because every purchase is a vote in the favor of some businessmen and against others.

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