Mance was pleased to have Keith Knight of the “Don’t Tread on Anyone” Show on to talk about a few of his recent interviews. After that they just riffed on a bunch of topics and had some good old libertarian talk!
Mass Production Equals Mass Consumption
[R]elative shares in national income have remained substantially constant over the last hundred years. This, however, is true only if we measure them in money. Measured in real terms, relative shares have substantially changed in favor of the lower income groups. This...