In this episode Tommy looks at the idea of collectivism from the perspective of the markets, and how libertarians may better discuss the ideas of free markets with both the left and right.
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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...