Big business has become a villain not just to the progressive left but also to the populist right and even to many libertarians, who think they see cronyism everywhere. Lost amid this climate of condemnation is a sober assessment of the true record of big business in improving our lives. Tyler Cowen gives us precisely that assessment: he is frank about the moral faults of big business, but he overwhelms us with arguments in its favor that most people have never heard. Result: an excellent book and episode. Sponsor: Skillshare Show notes for Ep. 1398
Thomas E. Woods, Jr., is the 2019 winner of the Hayek Lifetime Achievement Award from the Austrian Economics Center in Vienna. He is a senior fellow of the Mises Institute and host of The Tom Woods Show, which releases a new episode every weekday. Visit https://tomwoods.com