Aug. 4, 2023
Is Social Justice Just
In this new book, Is Social Justice Just, twenty-one accomplished academics seek to answer this question. In a world of partisanship, hysteria, maliciousness, and good intentions attached to hellish outcomes, this landmark book enters the public...
In this new book, Is Social Justice Just, twenty-one accomplished academics seek to answer this question. In a world of partisanship, hysteria, maliciousness, and good intentions attached to hellish outcomes, this landmark book enters the public discourse at a critical time. Robert Whaples, The Senior Fellow at the Independent Institute, Co-Editor and Managing Editor of The Independent Review, and a Professor of Economics at Wake Forest University discusses.
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The Bill Martinez Show is broadcast live Monday - Friday at 1PM ET.
The Bill Martinez TV Show is viewed on Talk 4 TV (www.talk4tv.com).
The Bill Martinez Radio Show is broadcast on W4CY Radio (www.w4cy.com) part of Talk 4 Radio (www.talk4radio.com) on the Talk 4 Media Network (www.talk4media.com).
The Bill Martinez Podcast is also available on Talk 4 Podcasting (www.talk4podcasting.com), iHeartRadio, Amazon Music, Pandora, Spotify, Audible, and over 100 other podcast outlets.
Transcript
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The topics and opinions expressed in the
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W FORCY Radio. Well, welcome
to the Bill Martinez Show. Great to
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have you with us, and we're
gonna take on you know, rather controversial
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subject. It's one that comes up, especially at these days, is social
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justice. Just think about that,
right, probably you don't think very long,
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you know, you just put out
put that out there, and everybody
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has an idea. Well, our
next guest, who's going to be joining
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us in just a moment. Robert
Robert Wables has tackled, you know,
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that topic along with twenty one accomplished
academics that do their best to answer this
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question. I say do their best. I understand, you know, you
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know the fact that it's out there
is so that we can talk about it,
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but let's talk about it in an
enlightenment space, so to speak,
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that it's not just so emotional that
we're aggrieved and we're victims, but that
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we're able to really have a benefiting, uh flourishing conversation about the topic.
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Is social justice? Just in this
world of partisanship, hysteria, maliciousness,
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good intentions attached to hellish outcomes.
This incredible book that's becoming a landmark book
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enters the public discourse at a critical
time. Robert Waples he's a senior Fellow
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at the Independent Institute, co editor
managing editor of The Independent Review, and
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professor of economics at Wake Forest University. Robert, Welcome to shew. Good
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to have you with us. Thank
you for having me on. Well,
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thank you for tackling this topic.
When you first came up with this idea,
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did you have an argument with yourself? No. The idea is that,
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you know, there've been all these
discussions about social justice. It's it's
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a hot topic, but it's yes, there's so much disagreement, and I
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think our thought was that if we
could kind of get back to first principles
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what is justice and then go from
that to what is social justice? We
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could actually kind of restart the conversation
and maybe get a moving in the right
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direction. Right. Well, you
know when I say that you're arguing with
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yourself, I just this is such
a heavy lip. I mean, this
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is a you know that you may
you may doubt yourself. I know,
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sometimes you get these godlike ideas and
you think, oh, you know,
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God, you're having fun with me, aren't you, Because you're talking to
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the wrong guy. You know,
I'm not the ombre here that's going to
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build the art because I know nothing
about building arcs. You know what I'm
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saying. That's that was my starting
point on this is that I think people
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are by and large of goodwill,
right, And I open my introduction to
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the book. I open also the
chapter that I wrote, the final chapter
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in the book by saying that we
all hunger and thirst right for a just
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world, and we work constantly in
ways great and small to bring about justice.
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So let's have people with kind of
good faith, good intentions talking about
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it. Yeah. Yeah, I
think what you're saying, and I agree
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with you this. My believes the
same thing is that we're wired this way.
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You know, We're wired with a
conscience. We know when we do
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good, we know we do bad. You know, it's when we get
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confused that things get really squirrely.
And I understand that because right now things
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seem a little squirrely. So yeah, if you look at it, you
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know, you mentioned the word social
justice to a lot of people, you
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get so many different reactions. There's
some people sometimes called social justice warriors or
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something, who see social justice that
term is just a sincere attempt to right
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wrongs, to pull down oppressors,
to help the underdog, to do that
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kind of thing. But then people
will respond to them like, but how
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do the ideas you just came up
with actually help the underdog? And why
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do you see oppressors everywhere? Okay? And so there's a lot of people
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on the other side, or just
say, you know what, so much
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of this social justice talk is about
it's just line in your own pockets,
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right, rent seeking talking up a
problem and then you know, I can
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get some money, I can get
some prestigia. So there's so much baggage
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in it, and it's been used
as, like one of our authors says,
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as a cudgel, right, yes, people over the head. The
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problem with the term justice is that
implies it. If there's an injustice,
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you're pretty much obliged to do something
about it. And would that then involve
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the state, and bringing the state
into things so often ends up just blowing
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up, even sincere attempts to solve
this, you know, with the coercive
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power of government can so often make
things worse, exactly without a doubt.
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You know. I like what you
said about, you know, going to
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first principles, because we need to
agree on what the standard is. What
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is the standard? What is social
justice? We start with kind of the
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old fashioned definition of justice, which
goes back to Aristotle, goes to Thomas
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the Quintas. People like that.
It's the constant and perpetual will to render
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to each what is due to him. Right and our day to day going
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about life, making contracts with other
people, you know, talking about how
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to run our families. That's what
we have in mind, the constant,
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perpetual will to render each to each
person what's due to them. What do
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I owe you? You know,
if you go beyond that, that's like
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benevolence or you know, but just
as itself requires, did you give people
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at least what's what is due to
them. So then social justice to put
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that word in front, what does
that mean? We interpret it as being
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Okay, well, now let's think
about the rules of the game, our
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laws, social norms, those kinds
of things that will promote every person getting
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what is due to him. And
we take our model of a person as
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being one that the words I use
in the book, recognizes each person as
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unique, unrepeatable, worthy of dignity, endowed with the ability to direct his
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or her own life without harming other
people, and noble enough to care deeply
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about the well being of others.
That's our starting point, that's my starting
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point, right that. I mean, we're endowed with this ability. I
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think the endowment comes, you know, direct from above. I believe with
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you, and we're endowed with that. That's why we were creative, you
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know, to to yeah, and
so, but it's you know, we
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just don't think about, you know, how to run our own lives without
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harming other people. Were also,
as I said, they're noble enough to
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care about other people and want them
to flourish along with us. So how
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do you build a system based on
that? I think most of the authors
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in the book and I would agree
it's really a bottom up thing. It
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begins with just the way we treat
each other. Uh say, today will
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be that change that you want to
seeing others right exactly? Yeah, And
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weighs great. And you make such
a clear point here that we are in
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doubt. We're prewired with this because
what you're talking about, I'd say the
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majority of Americans get it. They
their lives are operating this way. Even
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though we may see things chaotically on
the rise, it's still in the minority.
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And this is what gives me faith, Robert, in the American people.
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I think the world at large,
as you said, for the most
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part, people think nobly. They
want to do right for themselves, especially
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people for faith. In faith,
people in faith want to do right by
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God and right to their neighbors.
That is a driven principle that you know
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gets us from one day to the
next. And sometimes we fail, we
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fall short, We get that,
but because this is a guiding principle,
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we come back to it. Like
you said, we constantly, We constantly
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return to first principles and measure our
behavior against first principles. And because when
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things are so disruptive and we feel
like wait minute, social justice isn't just
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okay, what why are we there? What what is telling us that it's
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unjust? Right? Exactly? And
so we need to have firm principles.
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And you know, for a Christian, I think that would go back to
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those ten commandments that we've heard about
and and all the things that then grow
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up out of that, and you
know, the things that Jesus preached in
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the Sermon on the Mountain that you
know, he talked about during his entire
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ministry and then suffered and died for
my sins, so that you know,
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we could uh, yeah, we
could overcome all the evil and the temptations
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of the world. And so to
me, that's where you really have to
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get started. Yeah. So so
we get started there. We have a
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defining point, a standard, our
north star that we we understanding, we
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agree on, and this is an
individual decision and revelation. Right. And
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then you go and you live life
in the marketplace, and then you run
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into people that aren't necessarily interested in
justice. They're just interested in having it
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their way. I was I was
on a radio talk show a couple of
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weeks ago talking about this, and
the host I believe he meant this in
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all seriousness. He said, all
I really care about is me, and
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I thought to myself, in fact, I think I bluted out. I
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doubt that's really true, you know, but we do run into people that
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all they care about is them,
and there are ways that when you deal
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with people like that, it can
it can, it can work out.
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Right. The marketplace is especially designed
to do that. You deal with often
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complete strangers. And what does standard
economics tell us, Right, there's a
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demand curve, there's this apply curve. There's a price that comes out,
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and you know what, it's a
win win situation. Students, this intro
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right off the bat, right,
there's consumer surplus, there's producers surplus.
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It's actually a win win situation both
actually when they're not coerced to do things,
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when there's not fraud or theft or
something like that, that's how it
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works out. And so this we've
harnessed that institution so well in our society.
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Of course, it doesn't solve every
problem. We've harnessed it so well
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to tap the energy the innovativeness,
right of these inventors and entrepreneurs, but
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you know, just not the famous
ones, all of us, which hardness
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that so well that we have created
genuine human prosperity. I wrote a study
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last year where I looked at where
do the poorest five percent of Americans fit
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into the overall income distribution? Okay, so by definition, of course,
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five percent of Americans are to be
at the fifth percentile amongst Americans. They're
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also at the sixty ninth percentile among
all people living in the world. But
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in the paper, I then went
back and looked at estimates from economic historians
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and demographers, like all the people
who've ever lived, where did the poorest
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five percent of Americans fit in that
income distribution? And discovered it's about it.
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The ninety fifth percentile, the ninety
percentile, our poorest because of the
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system that we have built, just
as us trading with each other, mostly
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self interested, has allowed the poorest
people to be among the richest all time.
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I am so grateful that I live
in that situation, you know,
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materially that I don't face the sheer
hunger and malnutrition and lack of good clothing
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and shelter and everything that most people
have struggled with throughout most of human history.
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We're pretty we've done a pretty good
job at Wibano's absolute poverty. Wow.
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Thank you God for that men,
and let's not thive that away and
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then not let's not also then worship
Mondment. Right, let's not think that
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that was the end of the whole
thing. But that's not It's all about
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and that's a stepping off point,
right, a springboard for us. And
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then too, you know, rise
to that nobility in which God made it
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right, help and help us hold
it in proper perspective to where it's advantageous
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for all concerned. Robert Wakeles is
whether it's a senior fellow at the Independent
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Institute, co editor managing editor of
The Independent Review, and a professor at
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economics at wake Forest University. We're
talking about his new book is Social Justice
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just uh he edited it. He
was blessed and we're blessed as a result
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to bring together twenty one accomplished academics. Robert, how did you do this?
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How did you get uh, you
know, these network of willing academics
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to participate in answering this heavy question. We were actually very lucky. The
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book is published by the Independent Institute
and the set of the papers in it
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were published in The Independent Review,
which I edit. But to encourage people
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to contribute an anonymous donor I do
not know who this person is put up
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ten thousand dollars for the best essay, and that's right, did some pretty
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good? Actually? Wow? Yeah, so Jim Oddison, who's chapters in
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the book, he's of professor,
a philosopher teaching in the business school over
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at Notre Dame. He won the
ten thousand bugs. Very very nice.
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But did you take you out to
dinner at least? Well, you know
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i've happened in a while. No, he didn't. He didn't take me
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out to dinner. Well, well
we'll dinner. Shame him here on the
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TV show. Okay, I'm not
actually the kind of guy that says,
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hey take me out. Of course, of course you're not. But no,
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I mean, hey, look at
it's uh, you know, so
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we we didn't get a lot of
people. And you can see there from
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actually from number of countries around the
world. There's economists, there's philosophers,
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there's historians, there's legal scholars,
there's people from like, you know,
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all sorts of different backgrounds, and
they you know, they're all coming from
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different starting points and they all have
kind of they've been thinking about these ideas
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for a long time, and so
we've kind of galvanized them to think about
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it, and I think we got
some excellent chapters, and Jim's chapter in
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particular, you know, I'll talk
about a little bit. He's a Smith
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scholar and Adam Smith's scholar, and
he basically argues, you know, we
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need to get back to Smithian principles
in doing this. And so what did
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Smith advocate in his book The Theory
of Moral Sentiments and then later in the
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Wealth of Nations. Basically that cooperation
is the key. We need to set
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up institutions that allow people to cooperate
with each other, and we need an
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authority collectively to make sure that people's
the three p's and people's persons, property
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and promises are protected. Right.
If you set that system up, you
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will see prosperity emerge. And it
was happening at the time Smith was writing,
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and you can see places around the
world where it's just happened, like
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within a generation. Think about Hong
Kong, think about Singapore. You know,
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people living there largely from China,
but now they're put in a new
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setting, not under the old Chinese
imperial system or communist system later, but
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in the kind of same kind of
system. Adam Smith was in actually the
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British teaple system and what happened They
started trading with each other and they just
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got more and more and more prosperous, and so it didn't make them perfect
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people, but it sure did solve
that fundamental human problem. Yeah, don't
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you love system I love systems,
you know, because they're they're easy to
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measure, you see results from it, you can adjust it. And what
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he addresses here to me, I
just in my latter years of life,
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I've just come to appreciate it because
it's like, you know, I'll talk
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about God's infrastructure at times, Robert, and God's infrastructure is so perfect.
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It's designed too. By the way, for some people this may be a
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little disturbing. Brain it does accommodate
and handle climate change. Okay, just
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I just want you to know,
because God Almighty is in charge, He's
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got that all figured out. And
that doesn't mean that we don't have a
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role to play. I'm not saying
that. But I'm just saying is that
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God's infrastructure is there. It's in
place, and it's quite evident and obvious,
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as obvious as is the law gravity
that when you divide his infrastructure.
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You're you're gonna have consequences and it
could be very painful, right, Yeah,
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So I genuinely believe in the idea
of divine providence. You know,
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God said this system up for us
so that we would well, I mean,
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he designed us so they will actually
get back home in the long run,
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back up. Well, he wants
he wants it, he wants it
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to go well with us. I
mean that's what he told Jane, right,
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if you do right, will it
not go well for you? And
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that that warning echo has been echoing
through the millennium since. Yeah, So,
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I mean he he, I don't
think made us to you know,
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be living a life like an animal
or living. He made us in his
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own image and life this and you
know, I think that includes us prospering,
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but of course then not worshiping our
very own prosperity, which is a
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problem that I see you know,
so often welling up. That's to me,
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the biggest challenge going forward for humanity
right in the old days was how
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to live with all that absolute poverty
and all that scarcity. We'll always have
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scarcity with us, but it's sure
is binding a lot less. And now
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it's like, how do we live
with this prosperity and actually lead flourishing lives.
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We've seen, you know, all
sorts of problems in American society,
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Western society, wealthy country society,
or you know, we just are still
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thinking in kind of not thinking about
the big picture and and just spinning our
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00:19:04.839 --> 00:19:08.799
wheels and not and not putting these
great games to good news. Right,
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00:19:10.279 --> 00:19:12.920
little sidebar here. I don't know
if you've seen this story that's going around
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about this guy that had a what
he spent twelve thousand dollars to make himself
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into a dog, a collie.
Have you seen this? No, I'm
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I am very glad I have none. O. It's it's a little bizarre.
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I mean, people are having fun
with this. Uh but you say,
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God designed this not to go live
like animals. But then you get
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some people that have their own ideas, and I mean it's amazing. You
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know, he's created this outfit and
he looks like a collie and they showed
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him the other day like he went
out for his first walk, and I
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mean, the human condition is quite
curious. We got to go to break.
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We've got more from Robert Waples.
His book is Social Justice. Just
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00:19:57.880 --> 00:20:15.440
stay with us, President Biden recently
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And guests, who pays the bill,
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they will be coming after you to
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Biden also hired thousands more IRS agents
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O five six five eight one.
Hey, welcome back. Bill Martinez.
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Here. Robert Waples is with us. We're talking about his book is social
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Justice just He had to take a
little walk and think about somebody being dressed
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up and paying twelve thousand dollars to
create an outfit for themselves to become a
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dog. Again, the human condition
being what it is. I'm going to
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read this. It's from the jacket
of the book. In the pages of
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the book, twenty one accomplished academics
seek to do justice to social justice.
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Inequality exists, and it obviously causes
riffs and societies, but it's not obvious
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how the government should address those rifts, or if they should do it at
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all, that you know, have
we forgotten that perhaps more efficient power of
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personal choice and the corollary obligation to
serve our neighbors, to make our society
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more humane? Uh? You know, Robert, you suggested as much as
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that, when we're allowed to be
free human beings, it's amazing how the
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economy, within the design that God
has established for us, it works itself
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out if it's allowed. But when
you get government that comes in and they
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00:24:23.920 --> 00:24:27.920
throw money at it, and they, you know, in a sense,
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they interrupt and disrupt what God has
established, the creating more problems than what
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we began with. You have shown
the cover of the book several times and
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00:24:41.960 --> 00:24:45.960
it's a striking picture. It's you
know, it's supposed to be justice being
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blind with the scales, but this
justice is speaking out from underneath that little
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00:24:49.440 --> 00:24:55.240
blindfold kind of built things into one
side or the other, and that's that's
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00:24:55.279 --> 00:24:59.200
what we can't have. And our
government does that in a number of ways.
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And so the book is i'll say, a sober warning that you know,
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even honest attempts to involve the state
and it's coerced redistribution can rapidly turn
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into just rent seeking, as economists
call it, trying to get your own
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cut. But the book also includes
a number of calls to stamp out unwarranted
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privileges that are currently in the system. So there is chrony capitalism. There
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are firms out there that have gotten
there. Much of their profits come from
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just having friends in the government.
There have been some big corporate bailouts and
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that kind of stuff. You had
bail one guy out, and then everybody
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else expects you to do it.
They take bigger risk, and the next
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00:25:38.559 --> 00:25:42.079
bailout's got to be even bigger.
We gotta nip this, We gotta prune
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this problem back, We gotta get
rid of it. We need to dismantle
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barriers to entry so that people can
take their talents and bring them to other
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people. Right, we restrain the
supply side in so many different ways.
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You know, Occupational licensing is one
of the things that's talked about several times
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00:26:00.799 --> 00:26:03.759
in the book. Here are people
that you know have these skills, but
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00:26:03.799 --> 00:26:07.440
they don't They haven't checked off the
right boxes, so they don't have whatever,
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you know, license they need from
the government. What does that do
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in simple economics, I would tell
my students that that shifts the supply curve
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in and drives the price up,
and so those special insiders get bigger profits
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than the other way, and the
customer gets ripped off in the process,
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and those outsiders who can't jump through
those hoops, they're left out in the
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cold. They can't even exactly saw
off the first rung on the ladder to
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success, as they say, right, yeah, well, of course we're
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seeing a lot of this right now
with you know, the Hunter Biden case.
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00:26:38.440 --> 00:26:45.559
What's being revealed. Devin Archer had
an interesting interview with Tucker Carlson the
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other night, and I think people
are waking up and realizing, I mean,
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at least I mean going, that's
right, those guys in the Beltway,
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what are they selling. It's not
like they got a widget, it's
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not that they're doing a hotdog stand
or something like that. They're they're just
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they're selling their connect their connections.
Yeah, right, exactly, And that's
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that is the kind of thing that
I think everybody agrees we need to stamp
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out, and so we've got to
figure out ways to do it. It's
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really hard to do it, right. I don't know if you've heard of
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the economist Manser Olsen. He wrote
this very influential book, The Logic of
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Collective Action. And so the whole
problem is this, think about it like
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a tariff. I always talk about
the sugar tariff in class. And there's
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this one family that owns a lot
of sugar businesses, and then there's a
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cooperative down in Florida of sugar growers, and together they're like half the market.
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And so if they lobby and they
get some tariff increased, boy do
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they profit from it. It's you
know, it's going to profit them to
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lobby, and they lobby both parties, they do all that kind of stuff.
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They ended up winning it. You
know, estimates like a billion and
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00:27:55.240 --> 00:27:59.079
a half extra knowledge for the profit
for the industry. We consumers have to
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pay more and we lose more than
they went. So we lose like about
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three billion dollars. But you divide
that by the population of the US and
359
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it's like less than ten dollars per
person. And so we don't get together
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with pitchforks and torture go down the
Capitol Hill and say get rid of this
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bad law. They're organized and we're
disorganized, right, and so what we
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need is actually more groups I think, like the one that you know that
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I edit the journal for the Independent
Institute that are fighting the good fight for
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for the consumer, that are fighting
the good fight for the people not in
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00:28:32.559 --> 00:28:36.799
the special interest out there explaining what
they're doing and how you know, they're
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00:28:36.839 --> 00:28:38.920
taking advantage of everybody else. And
we need to make it so that it's
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just embarrassing that you would take some
kind of you know, cut from some
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from a special interest. Well,
well the dealers are also, I mean
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00:28:49.759 --> 00:28:53.039
when you talk to them sometimes they
you say, well is that legal,
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and it's you know, and it's
it almost becomes an ethical issue. Well
371
00:29:00.359 --> 00:29:04.119
it's kind of legal, Well is
it ethical? Well, you know,
372
00:29:04.200 --> 00:29:08.319
you start getting into those gray areas. So again going back to what we
373
00:29:08.440 --> 00:29:12.839
first talked about first principles. See, we haven't defined first principles. If
374
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first principles are defined, then we
understand that insider trading is something that shouldn't
375
00:29:18.759 --> 00:29:22.079
be taking place. But the legislators
have been able to do an end around
376
00:29:22.359 --> 00:29:27.079
and still managed to do insider trading
though, I think what four or five
377
00:29:27.160 --> 00:29:32.039
years ago, after an investigation,
they said, okay, well we got
378
00:29:32.039 --> 00:29:33.839
found out, so we better back
off a little bit. And they backed
379
00:29:33.839 --> 00:29:37.960
off I think maybe for a couple
of years, and they came back with
380
00:29:37.000 --> 00:29:40.720
a vengeance because they had to make
up for the two years that they lost.
381
00:29:40.880 --> 00:29:47.160
Right. I think sunshine is,
as they say, a very powerful
382
00:29:47.200 --> 00:29:49.680
disinfectant. Right. And so yeah, we know, and there are organizations
383
00:29:49.680 --> 00:29:53.519
out there, but it's also our
job. We've got to pay attention.
384
00:29:55.200 --> 00:30:00.799
There's a concept in economics called rational
ignorance, and we, we voters are
385
00:30:00.839 --> 00:30:04.079
just rationally ignorant about those things because
you know, it's costly to get this
386
00:30:04.119 --> 00:30:07.759
information. Was the benefit of us
having it tiny, So we don't get
387
00:30:07.880 --> 00:30:11.160
much of the information, and you
know, we go off and read a
388
00:30:11.160 --> 00:30:15.839
book or watch a baseball game or
a batch of show or something like that
389
00:30:15.000 --> 00:30:18.839
instead of paying attention. And that's
how they're they're able to get to that
390
00:30:18.880 --> 00:30:22.440
equilibrium where they can get away with
with all of this stuff. So it's
391
00:30:22.480 --> 00:30:29.720
one of those almost intractable problems that
you just need to work relentlessly at stamping
392
00:30:29.759 --> 00:30:33.880
it out. And the first step
is to just get up and say it's
393
00:30:33.000 --> 00:30:38.279
wrong. It's exactly doing it.
Yeah, we don't have enough talking about
394
00:30:38.799 --> 00:30:41.880
you know, it's just wrong that
you're doing that. Well, now,
395
00:30:41.880 --> 00:30:48.279
We've got you know, politicians and
leaders and whatever all over the political spectrum
396
00:30:48.319 --> 00:30:52.440
who do outrageous things and it's just
getting you know, so that the standard
397
00:30:52.480 --> 00:30:56.160
of wrong, you know, standard
of what they're going to do next is
398
00:30:56.200 --> 00:31:00.400
just getting you know, more and
more out. Yeah, yeah, why
399
00:31:00.440 --> 00:31:03.079
are you picking on me? That
other guy's doing worse than I am.
400
00:31:03.480 --> 00:31:07.000
But you know, to your point, I like whatever Dickerson said, you
401
00:31:07.000 --> 00:31:11.079
know back in the days when it
was a million dollars that I think you
402
00:31:11.119 --> 00:31:12.279
may have said it's a billion here, a billion there before you know what,
403
00:31:12.319 --> 00:31:15.799
you're talking about a lot of money, and you know, this is
404
00:31:15.799 --> 00:31:18.720
where we're at. We're thirty two
and a half trillion dollars in debt and
405
00:31:19.000 --> 00:31:26.400
we're moving in the wrong direction,
and especially with interest prices or interests uh
406
00:31:26.559 --> 00:31:33.039
increasing. Uh, we're what do
we have about half half trillion? Uh?
407
00:31:33.640 --> 00:31:37.799
In terms of managing the debt service
right off the top, I mean
408
00:31:37.119 --> 00:31:42.359
we're going to be approxritingillar it a
lot of the debts kind of short terms.
409
00:31:42.359 --> 00:31:45.119
So once all the debt kind of
has to roll over at the new
410
00:31:45.240 --> 00:31:49.319
higher interest rates, think about it. Uh, let's say five percent interest
411
00:31:49.480 --> 00:31:55.599
on thirty plus trillion dollars. You
know, that's that's a trillion and a
412
00:31:55.720 --> 00:32:00.720
half dollars. That starts to crowd
out things that can be you know,
413
00:32:00.759 --> 00:32:02.880
the government has some roles in the
economy and that it should be doing and
414
00:32:02.880 --> 00:32:09.960
focusing on those things instead of us
just always being so shortsighted that you know,
415
00:32:10.480 --> 00:32:15.440
we keep kicking this can down the
road, as they say, and
416
00:32:15.480 --> 00:32:20.359
this never let's let the next generation
deal with it. And there's another problem,
417
00:32:20.400 --> 00:32:22.960
and it's not when we really address
in the book. I wrote an
418
00:32:22.960 --> 00:32:25.680
op ed piece not too long ago, it was actually published on on Father's
419
00:32:25.759 --> 00:32:30.480
Day and National Review online about how
we're running out of kids. You know,
420
00:32:31.240 --> 00:32:37.039
people just are not having children anymore
for whatever reason when they do that.
421
00:32:37.640 --> 00:32:39.839
So it's not just the Chinese,
right, yeah, it's not just
422
00:32:39.960 --> 00:32:46.119
them, it's us. The people
just seem to exaggerate the costs of having
423
00:32:46.240 --> 00:32:51.519
children, raising children, and especially
minimizing the benefits. This is like the
424
00:32:51.519 --> 00:32:54.279
greatest thing that happened to me in
my life, becoming you know, getting
425
00:32:54.319 --> 00:32:59.079
married to a beautiful woman, having
five beautiful children with them, right,
426
00:33:00.039 --> 00:33:05.519
it's a transformative experience. We've got
to explain that other people having children is
427
00:33:05.559 --> 00:33:09.400
the greatest thing. And if we
don't, not only will that make our
428
00:33:09.440 --> 00:33:15.720
lives worse, but it'll make those
people who do have children's lives worse and
429
00:33:16.160 --> 00:33:22.039
their own lives when they're older because
our population will shrink. World's population will
430
00:33:22.079 --> 00:33:27.599
probably start shrinking during my lifetime.
And when it starts shrinking and we're this
431
00:33:27.880 --> 00:33:30.200
deep in debt, who's going to
be able to pay off that debt?
432
00:33:30.240 --> 00:33:31.599
The tax levels are going to have
to go through the room, and you
433
00:33:31.640 --> 00:33:37.480
know we will will end up if
that all plays out, being like Argentina
434
00:33:37.599 --> 00:33:42.319
or something like that. Well,
what's so scarier about to me is the
435
00:33:42.319 --> 00:33:45.440
psychological impact that this has. I
mean, you're you're going to have a
436
00:33:45.440 --> 00:33:54.119
lot of unhappy campers. Yes,
I mean the joys of parenthood will will
437
00:33:54.160 --> 00:33:59.880
be lost. But then I have
a colleague who's from China and the northern
438
00:33:59.880 --> 00:34:04.440
part of China that has the lowest
fertility rates. And she's an only child,
439
00:34:04.839 --> 00:34:07.800
okay, and her parents were only
child and she's she's a girl and
440
00:34:07.880 --> 00:34:10.920
the only child, she's lucky to
survive. Well, she's a miracle.
441
00:34:10.920 --> 00:34:15.639
And so you know her parents were
only children too. Given China's policies,
442
00:34:15.679 --> 00:34:20.679
that means that not only does she
not have a brother or sister, she
443
00:34:20.719 --> 00:34:24.679
doesn't have uncle, aunts or cousins
as well. Imagine living in a world
444
00:34:24.800 --> 00:34:30.039
like that. And so she's actually
she just had a baby a few months
445
00:34:30.039 --> 00:34:34.480
ago. And so you know,
I visited her class one time. She's
446
00:34:34.519 --> 00:34:37.039
a junior colleague, and she was
talking. The example she was giving in
447
00:34:37.079 --> 00:34:40.960
class was some data she collected amongst
the students, like how many siblings you
448
00:34:42.000 --> 00:34:45.159
have and how happy you are.
And she found with the sample of students
449
00:34:45.199 --> 00:34:47.559
that the more siblings you had,
the happier, the happier you were.
450
00:34:47.840 --> 00:34:52.039
We are designed, I think,
to be very social people like that.
451
00:34:52.159 --> 00:34:54.079
Yeah, you think, I think
so. You know, that's when we
452
00:34:54.079 --> 00:34:58.239
go with the design. I think, well, that's great application here we've
453
00:34:58.280 --> 00:35:00.639
got to go to break Robert waples
Can continues with us. The senior fellow
454
00:35:00.840 --> 00:35:19.159
at the Independent Institute is social justice. Just stay with us. This radio
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commercial was made to convince you to
stop speeding. We can't use siren sound
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damage you cause will be beyond repair. See, we didn't have to use
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crash or siren sounds. After all, speeding catches up with you. Brought
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to you by NITSA. Hi.
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hundred six nine nine three five eight
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eight. Well, if you find
yourself asking is social justice just, it's
494
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a good reason to get your hands
on this book. Take advantage of the
495
00:38:24.639 --> 00:38:30.440
insight of twenty one academics who have
come to gather here to address this heavy
496
00:38:30.599 --> 00:38:37.519
topic because there's so much noise,
I believe misunderstanding about social justice, first
497
00:38:37.519 --> 00:38:42.039
of all justices. Robert Wapel started
out with, and then you bring in
498
00:38:42.079 --> 00:38:47.519
the idea of social justice and it
may color your perspective just a little bit,
499
00:38:47.559 --> 00:38:51.079
but that's okay, there's nothing wrong
with it. But we need to
500
00:38:51.119 --> 00:38:59.039
have this conversation in the light of
day, not in silos or in ideological
501
00:38:59.320 --> 00:39:02.920
fixed corner. You know, Robert, I think it's quite interesting. You
502
00:39:04.000 --> 00:39:07.480
have one of my favorite philosophers,
and Jordan Peterson, doing the forward of
503
00:39:07.519 --> 00:39:15.000
the book on the Narcissists of compassion. Explain that to our audience. Yeah,
504
00:39:15.039 --> 00:39:21.519
So he draws on Nietzsche the Philosopher
and talks about how there's this spider
505
00:39:22.000 --> 00:39:24.960
there that basically I kind of think
of the spider, you know, and
506
00:39:25.199 --> 00:39:29.719
learn of the rings she loves.
Right, they're gonna get you, but
507
00:39:29.840 --> 00:39:36.360
basically convinces you that what's right is
wrong and what's wrong is right. Here's
508
00:39:36.440 --> 00:39:42.840
here's a quote that I give in
the introduction that I think captures a bunch
509
00:39:42.840 --> 00:39:46.239
of what Jordan says in his preface
to the book Thomas Soul, you know,
510
00:39:46.280 --> 00:39:52.119
the economist Thomas. He says that
envy once used to be one of
511
00:39:52.119 --> 00:39:58.280
the seven deadly sins before it became
one of the most admired virtues under his
512
00:39:58.480 --> 00:40:04.239
new name, social Justice, that
what drives so much of the social justice
513
00:40:04.400 --> 00:40:07.880
agenda is sheer envy for other people's
success. And we were talking about the
514
00:40:07.960 --> 00:40:15.480
chapter by Jim Modison. What he
says we need to do is distinguish outcomes
515
00:40:15.719 --> 00:40:20.480
from three different sources. Right.
One source of outcomes is just luck,
516
00:40:20.880 --> 00:40:22.960
and we all like a certain amount
of luck. We don't want everything to
517
00:40:23.000 --> 00:40:28.840
be based on luck. But then
the second source is decisions that we've made
518
00:40:28.880 --> 00:40:32.559
that we're entitled to make. And
then the third source of outcomes is decisions
519
00:40:32.559 --> 00:40:37.199
we've made that we're not entitled to
make. We need to focus on the
520
00:40:37.239 --> 00:40:39.760
third thing we need to focus on, you know, getting rid of chrony
521
00:40:39.800 --> 00:40:44.079
capitalism, that kind of stuff.
Decisions people are making that they're not really
522
00:40:44.159 --> 00:40:46.719
entitled to make, allow a certain
amount of luck, and focus on,
523
00:40:47.440 --> 00:40:51.960
you know, just decisions that people
make that they're entitled to make, if
524
00:40:51.960 --> 00:40:55.559
they are entitled to make those decisions, and then we can't really second second
525
00:40:55.599 --> 00:41:00.440
judge it just because we don't like
the way it ended up happening. Didn't
526
00:41:00.440 --> 00:41:01.920
win, but you know, there
were the rules. We agreed that those
527
00:41:02.000 --> 00:41:07.480
rules were fair and and that's that's
the way the game ended up. He's
528
00:41:07.480 --> 00:41:09.840
got a really good example. He
uses it like this guy who's dating this
529
00:41:09.920 --> 00:41:14.960
girl, he's about to pop the
big question, and then she meets this
530
00:41:15.039 --> 00:41:17.639
other guy that she likes even more, and it's like, is he entitled
531
00:41:17.679 --> 00:41:22.199
to something? No, it was. It was darned unlucky that that happened
532
00:41:22.239 --> 00:41:25.719
to him. But made a contract
him, you know whatever, he's just
533
00:41:27.360 --> 00:41:30.639
and so the same thing like then
for a store, there's a store and
534
00:41:30.679 --> 00:41:32.440
you were going there all the time. You love the store. A coffee
535
00:41:32.480 --> 00:41:36.199
shop and then another one opens up
across the street. You go there,
536
00:41:36.239 --> 00:41:37.880
you like it better, and the
other poor store goes out of business.
537
00:41:38.440 --> 00:41:43.880
Are they entitled some kind of compensation? No, you were entitled. You
538
00:41:43.920 --> 00:41:47.239
know, we're made by God with
his ability to make our decisions like that.
539
00:41:47.280 --> 00:41:51.679
If that's what's you know, causing
the chips to fall, you know,
540
00:41:51.960 --> 00:41:55.239
then that's you know, we got
to accept differences that are gonna be
541
00:41:55.360 --> 00:41:59.519
based on that. But if the
rules are rigged, you know, that's
542
00:41:59.519 --> 00:42:02.000
where we got well that's a different
story exactly. Yeah, all together,
543
00:42:02.119 --> 00:42:07.039
But I think what's happened in this
culture particularly, it seems like in this
544
00:42:07.119 --> 00:42:13.360
last generation I've often said, Robert, is that parents are afraid, you
545
00:42:13.360 --> 00:42:16.239
know, for their children to get
booboos. I say, go out there,
546
00:42:16.320 --> 00:42:20.719
you know, go scrape up some
knees, go fall out of Remember
547
00:42:20.760 --> 00:42:22.800
when you were a kid and you
went to the park and it was a
548
00:42:22.840 --> 00:42:28.159
big old slide and it was metal, yes, and you first you went
549
00:42:28.199 --> 00:42:30.360
down the baby slide, and then
you conquered that. Now I'm gonna go
550
00:42:30.440 --> 00:42:35.760
down the big slide. Right now, I'm gonna go down head first.
551
00:42:35.960 --> 00:42:38.679
It took bigger and bigger risks until
you kind of like learn what you're you
552
00:42:38.719 --> 00:42:43.079
know, how far you could push
yourself exactly? Heard you for life,
553
00:42:43.119 --> 00:42:46.280
so much better than all of the
plastic slides and all the kids and the
554
00:42:46.280 --> 00:42:50.800
boo boos that we have today.
I am thoroughly convinced of that that we
555
00:42:51.079 --> 00:42:53.159
not take enough risks, say,
and we certainly saw that with the COVID
556
00:42:53.159 --> 00:42:59.199
shutdowns, the tiny, tiny risks
that we're going to be from children going
557
00:42:59.239 --> 00:43:02.159
to school and changing these germs with
each other. The risks were so small,
558
00:43:02.559 --> 00:43:06.719
and yet we shut down the schools
and they stopped learning, and we
559
00:43:06.920 --> 00:43:10.679
just there. I see this in
my own students. They're just not as
560
00:43:10.760 --> 00:43:15.639
good as the ones that who you
know, stayed with it and see it
561
00:43:15.639 --> 00:43:19.639
in the test scores. You see
it all over the place. So that'd
562
00:43:19.679 --> 00:43:22.679
be a kind of rules and social
norms, right, what is the social
563
00:43:22.719 --> 00:43:30.400
norm about taking risks and about there
are some redistributional con you know, conflicts
564
00:43:30.440 --> 00:43:32.760
that might arise from a law like
that. Some people could get armed,
565
00:43:32.760 --> 00:43:36.679
some more germs could be spread around, but other people, you know,
566
00:43:36.719 --> 00:43:39.480
you've got to think of the big
picture there. So right now, the
567
00:43:39.599 --> 00:43:45.320
last chapter in the book is one
where I talk about social justice, anti
568
00:43:45.440 --> 00:43:51.400
racism in public policy, and we
were looking for some of they to write
569
00:43:51.480 --> 00:43:55.199
this chapter the people at headquarters,
and you're telling you got you got.
570
00:43:57.239 --> 00:44:00.280
I'm like, I guess I have
to write it myself. Nobody else is
571
00:44:00.360 --> 00:44:05.719
volunteer because it's it's a very controversial
topic. Sure, what I do in
572
00:44:05.760 --> 00:44:10.039
the chapters largely have a dialogue with
Ibram Kendy, you know, the best
573
00:44:10.039 --> 00:44:15.000
selling book and Anti Racism, And
I say, let's take his ideas seriously.
574
00:44:15.760 --> 00:44:21.440
What policies will we put in place
to put people of all different racial,
575
00:44:21.519 --> 00:44:28.159
ethnic, whatever groups on an equal
footing. He says, scrap capitalism.
576
00:44:28.280 --> 00:44:35.119
Capitalism and racism are conjoined twins.
Not my reading of history. But
577
00:44:35.199 --> 00:44:38.000
if you scrap capitalism, what he
gets is socialism. And socialism, of
578
00:44:38.039 --> 00:44:43.480
course, just concentrates all the power
in a few people at the tops hands
579
00:44:43.679 --> 00:44:46.800
instead of diffusing it into the hands
of the power is in the hands of
580
00:44:46.800 --> 00:44:52.440
the consumers and capitalism right, So
socialism concentrates the power and it also leads
581
00:44:52.480 --> 00:44:57.960
to horrible outcomes. It leads to
construction of prosperity. Look at Venezuela.
582
00:44:58.320 --> 00:45:01.159
Remember when all the celebrities went there
and met Hugo Chavs and talked about how
583
00:45:01.199 --> 00:45:06.039
great that economy. Now it's gone
down the tubes. There are more people
584
00:45:06.079 --> 00:45:08.360
who are refugees from Venezuala. I
saw this in the paper the other day,
585
00:45:08.559 --> 00:45:14.599
and then there are from Syria.
Think about right, So, we
586
00:45:14.639 --> 00:45:16.119
don't want people to be on an
equal footing down at the bottom of a
587
00:45:16.159 --> 00:45:21.679
pit like they are in a socialists. We'd like to have them beyond relatively
588
00:45:21.719 --> 00:45:23.840
equal footing near the top of the
hill or the top of the mountain.
589
00:45:24.320 --> 00:45:29.079
So I say in this chapter,
well, here's some policies I think that
590
00:45:29.159 --> 00:45:32.079
could do it for us. And
I think across if you think about it
591
00:45:34.079 --> 00:45:39.039
and we're like rooting for special interests, you would you, I hope book
592
00:45:39.039 --> 00:45:45.119
Greek education reform taking the power and
putting it into the parents' hands, because
593
00:45:45.119 --> 00:45:49.599
they're the ones who know their own
children about their children the most right.
594
00:45:49.679 --> 00:45:54.440
It's a healthcare reform that eliminates barriers
on the supply side, that allows it
595
00:45:54.519 --> 00:45:59.880
just to get easier for more people
to practice medicine and all of its various
596
00:46:00.079 --> 00:46:04.039
you know kinds, so that the
price of medicine could come down. One
597
00:46:04.079 --> 00:46:08.679
of the healthcare reforms that I mentioned
in the chapter is that about sixty three
598
00:46:08.719 --> 00:46:17.239
percent of all black lives and in
abortions. There is something you would seriously
599
00:46:17.239 --> 00:46:22.199
want to have a talk about.
I talked about occupational licensing, like we
600
00:46:22.239 --> 00:46:27.760
talked about earlier exclusionary zoning, which
makes it hard for people to move to
601
00:46:28.880 --> 00:46:31.719
the most productive areas of the economy
because it's so expensive. One hundred years
602
00:46:31.719 --> 00:46:36.519
ago, Detroit's the hot place,
it's booming. Everybody pulls up steake moves
603
00:46:36.559 --> 00:46:39.119
to Detroit. You know, nowadays
Silicon Valley wherever, you can't afford to
604
00:46:39.159 --> 00:46:45.119
move there because the insiders put in
some rules that would benefit them and not
605
00:46:45.199 --> 00:46:49.039
the outsiders, right. I also
talk about cheap energy. So now they're
606
00:46:49.039 --> 00:46:54.000
getting invaded by homeless people that are
defecating on your sidewalks. So somehow just
607
00:46:54.719 --> 00:46:58.519
for vails, I guess, I
don't know, it's just nuts yet.
608
00:46:59.599 --> 00:47:02.320
I talk about cheap energy. You
know, fracking. That's a dirty word
609
00:47:02.400 --> 00:47:07.840
in some areas. No, it's
not what fracking did. Especially, I
610
00:47:07.880 --> 00:47:10.079
think about natural gas, bringing the
price of natural gas down, which people
611
00:47:10.199 --> 00:47:14.559
use to heat their homes. I
cite some statistics in the chapter about how
612
00:47:14.559 --> 00:47:19.639
many lives have been saved, an
economic study that looked at this, how
613
00:47:19.679 --> 00:47:22.000
many lives have been saved due to
the cheaper energy, so that people,
614
00:47:22.199 --> 00:47:25.679
you know, don't catch as many
colds and fluid and whatever and then die
615
00:47:25.719 --> 00:47:30.639
in the middle of winder right,
and I think about ending they all out,
616
00:47:30.280 --> 00:47:34.960
because the thing is is that that's
when people die when it gets cold,
617
00:47:35.159 --> 00:47:38.639
exactly right. Even in the country
of India, there are more cold
618
00:47:38.760 --> 00:47:44.719
related deaths than heat related deaths.
Okay, so this is I read,
619
00:47:45.400 --> 00:47:50.960
you know Willi cather my Antonia,
classic work of literature set in the prairies
620
00:47:51.000 --> 00:47:53.719
of Nebraska back in the late eighteen
hundreds. She's got a chilling quote there
621
00:47:53.760 --> 00:48:00.239
about about how cold is our greatest
enemy. Yes, cold as much were
622
00:48:00.800 --> 00:48:02.719
We're designed to live in hot places. If you think of anything, you
623
00:48:02.760 --> 00:48:06.679
know, because when you look,
when you look at the history of the
624
00:48:06.719 --> 00:48:10.639
world, when the expansion took place, it took it expanded when heat was
625
00:48:10.679 --> 00:48:14.960
there, when it was evident,
right when there was a clear difference between
626
00:48:15.000 --> 00:48:17.760
heat and gold, when it when
it constricted, was during the cold periods.
627
00:48:19.199 --> 00:48:23.239
But I guess you have to ignore
were very bad for us. Yeah,
628
00:48:23.320 --> 00:48:27.400
yeah, I'm with you on that. So what I you know,
629
00:48:27.440 --> 00:48:30.480
I do in the chapter is trying
to bring together a lot of things have
630
00:48:30.559 --> 00:48:32.400
been published in the Independent Review,
the Journal that I added, and you
631
00:48:32.440 --> 00:48:37.199
know, other things I've read from
many economists. I think these are things
632
00:48:37.199 --> 00:48:42.360
that if you weren't worrying about the
special interest, you would say, yeah,
633
00:48:42.400 --> 00:48:44.840
we should do that policy this,
you know, this whole range of
634
00:48:44.880 --> 00:48:50.519
policies that will just make life especially
better off for the poorest people. The
635
00:48:50.559 --> 00:48:54.480
poorest people. Yeah, exactly,
what a huge difference. I mean,
636
00:48:54.519 --> 00:48:59.760
that's it, and that is an
excellent chapter, and and God bless you
637
00:48:59.840 --> 00:49:04.239
for taking that on. But I
thought in the which you know, the
638
00:49:04.239 --> 00:49:07.599
manner in which you you did,
uh, I thought you were pretty even
639
00:49:07.639 --> 00:49:12.519
handed about it. Because on the
title you might think, whoa, we're
640
00:49:12.559 --> 00:49:15.119
gonna, you know, really be
dealing with something here. There's going to
641
00:49:15.159 --> 00:49:21.199
be an imbalance. But I thought
that you did a great job in hitting
642
00:49:21.239 --> 00:49:23.719
these key points. That's gonna you
know, for those for those that will
643
00:49:23.760 --> 00:49:25.840
read this and get you, I
mean, you want to get your hand
644
00:49:25.880 --> 00:49:29.760
on this book. I mean,
this is going to go a long way
645
00:49:29.800 --> 00:49:35.119
because we firmly believe in this in
this show that you know, knowledge is
646
00:49:35.199 --> 00:49:40.679
power, and information the right information
should lead to the right action, and
647
00:49:42.000 --> 00:49:44.880
uh, you know, and this
helps us in that direction. Robert,
648
00:49:44.880 --> 00:49:47.480
I can't thank you enough for it. It's great. And I tried to
649
00:49:47.599 --> 00:49:51.599
in that chapter, and I know
that all of our authors trying to this
650
00:49:52.079 --> 00:49:55.480
to approach this question with humility.
Michael, you know I'm not on the
651
00:49:58.599 --> 00:50:02.679
exactly God, I'm certainly not.
So there are other people who know things
652
00:50:02.719 --> 00:50:07.639
that I don't know. And so
if we can have a dialogue with those
653
00:50:07.679 --> 00:50:13.599
people and have them make their best
case and not you know, dismantle their
654
00:50:13.639 --> 00:50:17.159
straw man case. There's a new
expression. Let make them their steel man
655
00:50:17.360 --> 00:50:21.639
case, right, the best case
that they can positive maybe even take their
656
00:50:21.679 --> 00:50:24.119
case and make it better in ways
that they hadn't thought of. And then
657
00:50:24.239 --> 00:50:28.280
deal with that best case, your
best case against their best case. I
658
00:50:28.280 --> 00:50:32.400
think will will you know, lead
to constructive outcomes. I always believe in
659
00:50:32.440 --> 00:50:40.880
the accumulated the accumulated mindset here and
coming together in debating an issue that you
660
00:50:40.920 --> 00:50:46.360
know, with many counselors of victory
is assured. And you know that with
661
00:50:46.400 --> 00:50:52.920
that shared ambition that we would reach
for the stars and expand our knowledge and
662
00:50:52.960 --> 00:50:57.880
awareness for the greater good of all
concerned. Robert rifles again, thank you
663
00:50:58.320 --> 00:51:05.239
and the twenty one academics who participated
in social justice. Just the book available
664
00:51:05.280 --> 00:51:07.519
at all the usual places, right, And how can people be in touch
665
00:51:07.559 --> 00:51:14.000
with you? Well, I encourage
everybody to go to the website of the
666
00:51:14.039 --> 00:51:19.800
Independent Institute and so it's just Independent
dot org and you'll see the journal that
667
00:51:19.960 --> 00:51:22.440
publish and see all the different publications. We've got all sorts of interesting pro
668
00:51:23.039 --> 00:51:29.920
projects and videos to see. And
if any of your watchers want to contact
669
00:51:29.920 --> 00:51:32.079
me, just I'm out there on
the web. Google my name and you'll
670
00:51:32.119 --> 00:51:36.639
find my email address at my website
and send me an email. I'd be
671
00:51:36.679 --> 00:51:39.239
happy to talk with you. Look
at if the irs can find him,
672
00:51:39.239 --> 00:51:42.559
you can find him. So it's
not that bad, okay when we know
673
00:51:42.679 --> 00:51:45.960
that, Robert, thank you so
much for being with us your blessing.
674
00:51:46.000 --> 00:51:49.840
Appreciate you. Take care. I
am very able to have me on.
675
00:51:50.000 --> 00:51:52.039
Thank you. You got it for
more information, it'd be a part of
676
00:51:52.039 --> 00:51:57.119
this mighty Martinez movement to return to
God and to save our country. Hey
677
00:51:57.199 --> 00:51:59.639
check it out Bill Martinez show dot
com. Hey, God bless you and
678
00:51:59.719 --> 00:52:02.639
keep you and make his face shine
upon you. Going be blessed beyond your
679
00:52:02.679 --> 00:52:05.639
Imagination. Thanks for being with US
Stakecare
1
00:00:12.000 --> 00:00:15.240
The topics and opinions expressed in the
following show are solely those of the hosts
2
00:00:15.279 --> 00:00:18.000
and their guests, and not those
of W FORCY Radio. It's employees are
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or products mentioned on air or on
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Radio. It's employees are affiliates. Any
6
00:00:29.440 --> 00:00:32.840
questions or comments should be directed to
those show hosts. Thank you for choosing
7
00:00:33.000 --> 00:00:52.799
W FORCY Radio. Well, welcome
to the Bill Martinez Show. Great to
8
00:00:52.880 --> 00:00:57.439
have you with us, and we're
gonna take on you know, rather controversial
9
00:00:57.479 --> 00:01:02.920
subject. It's one that comes up, especially at these days, is social
10
00:01:03.359 --> 00:01:07.400
justice. Just think about that,
right, probably you don't think very long,
11
00:01:07.879 --> 00:01:10.079
you know, you just put out
put that out there, and everybody
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00:01:10.120 --> 00:01:14.000
has an idea. Well, our
next guest, who's going to be joining
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00:01:14.040 --> 00:01:18.519
us in just a moment. Robert
Robert Wables has tackled, you know,
14
00:01:18.680 --> 00:01:26.680
that topic along with twenty one accomplished
academics that do their best to answer this
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00:01:26.799 --> 00:01:30.000
question. I say do their best. I understand, you know, you
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00:01:30.000 --> 00:01:34.040
know the fact that it's out there
is so that we can talk about it,
17
00:01:34.079 --> 00:01:38.159
but let's talk about it in an
enlightenment space, so to speak,
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00:01:38.400 --> 00:01:42.719
that it's not just so emotional that
we're aggrieved and we're victims, but that
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00:01:42.840 --> 00:01:51.400
we're able to really have a benefiting, uh flourishing conversation about the topic.
20
00:01:51.640 --> 00:01:59.280
Is social justice? Just in this
world of partisanship, hysteria, maliciousness,
21
00:01:59.439 --> 00:02:06.239
good intentions attached to hellish outcomes.
This incredible book that's becoming a landmark book
22
00:02:06.719 --> 00:02:10.159
enters the public discourse at a critical
time. Robert Waples he's a senior Fellow
23
00:02:10.159 --> 00:02:15.520
at the Independent Institute, co editor
managing editor of The Independent Review, and
24
00:02:15.639 --> 00:02:19.840
professor of economics at Wake Forest University. Robert, Welcome to shew. Good
25
00:02:19.840 --> 00:02:23.199
to have you with us. Thank
you for having me on. Well,
26
00:02:23.199 --> 00:02:29.280
thank you for tackling this topic.
When you first came up with this idea,
27
00:02:29.800 --> 00:02:36.960
did you have an argument with yourself? No. The idea is that,
28
00:02:37.319 --> 00:02:39.120
you know, there've been all these
discussions about social justice. It's it's
29
00:02:39.120 --> 00:02:44.639
a hot topic, but it's yes, there's so much disagreement, and I
30
00:02:45.159 --> 00:02:49.080
think our thought was that if we
could kind of get back to first principles
31
00:02:50.120 --> 00:02:53.840
what is justice and then go from
that to what is social justice? We
32
00:02:53.879 --> 00:02:58.120
could actually kind of restart the conversation
and maybe get a moving in the right
33
00:02:58.159 --> 00:03:00.599
direction. Right. Well, you
know when I say that you're arguing with
34
00:03:00.639 --> 00:03:05.080
yourself, I just this is such
a heavy lip. I mean, this
35
00:03:05.120 --> 00:03:07.319
is a you know that you may
you may doubt yourself. I know,
36
00:03:07.400 --> 00:03:10.319
sometimes you get these godlike ideas and
you think, oh, you know,
37
00:03:10.400 --> 00:03:15.000
God, you're having fun with me, aren't you, Because you're talking to
38
00:03:15.120 --> 00:03:17.800
the wrong guy. You know,
I'm not the ombre here that's going to
39
00:03:17.879 --> 00:03:21.800
build the art because I know nothing
about building arcs. You know what I'm
40
00:03:21.840 --> 00:03:29.039
saying. That's that was my starting
point on this is that I think people
41
00:03:29.639 --> 00:03:34.400
are by and large of goodwill,
right, And I open my introduction to
42
00:03:34.400 --> 00:03:37.479
the book. I open also the
chapter that I wrote, the final chapter
43
00:03:37.520 --> 00:03:44.000
in the book by saying that we
all hunger and thirst right for a just
44
00:03:44.319 --> 00:03:50.400
world, and we work constantly in
ways great and small to bring about justice.
45
00:03:50.919 --> 00:03:54.599
So let's have people with kind of
good faith, good intentions talking about
46
00:03:54.599 --> 00:03:58.840
it. Yeah. Yeah, I
think what you're saying, and I agree
47
00:03:58.879 --> 00:04:01.800
with you this. My believes the
same thing is that we're wired this way.
48
00:04:02.520 --> 00:04:04.759
You know, We're wired with a
conscience. We know when we do
49
00:04:04.800 --> 00:04:08.479
good, we know we do bad. You know, it's when we get
50
00:04:08.520 --> 00:04:12.719
confused that things get really squirrely.
And I understand that because right now things
51
00:04:12.759 --> 00:04:16.439
seem a little squirrely. So yeah, if you look at it, you
52
00:04:16.480 --> 00:04:19.800
know, you mentioned the word social
justice to a lot of people, you
53
00:04:19.920 --> 00:04:25.879
get so many different reactions. There's
some people sometimes called social justice warriors or
54
00:04:25.879 --> 00:04:31.160
something, who see social justice that
term is just a sincere attempt to right
55
00:04:31.319 --> 00:04:35.720
wrongs, to pull down oppressors,
to help the underdog, to do that
56
00:04:35.800 --> 00:04:40.040
kind of thing. But then people
will respond to them like, but how
57
00:04:40.040 --> 00:04:43.360
do the ideas you just came up
with actually help the underdog? And why
58
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do you see oppressors everywhere? Okay? And so there's a lot of people
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on the other side, or just
say, you know what, so much
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00:04:48.680 --> 00:04:53.480
of this social justice talk is about
it's just line in your own pockets,
61
00:04:53.519 --> 00:04:58.199
right, rent seeking talking up a
problem and then you know, I can
62
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get some money, I can get
some prestigia. So there's so much baggage
63
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in it, and it's been used
as, like one of our authors says,
64
00:05:04.759 --> 00:05:08.800
as a cudgel, right, yes, people over the head. The
65
00:05:08.879 --> 00:05:13.000
problem with the term justice is that
implies it. If there's an injustice,
66
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you're pretty much obliged to do something
about it. And would that then involve
67
00:05:17.279 --> 00:05:24.199
the state, and bringing the state
into things so often ends up just blowing
68
00:05:24.279 --> 00:05:30.040
up, even sincere attempts to solve
this, you know, with the coercive
69
00:05:30.040 --> 00:05:34.160
power of government can so often make
things worse, exactly without a doubt.
70
00:05:34.360 --> 00:05:38.639
You know. I like what you
said about, you know, going to
71
00:05:38.680 --> 00:05:43.079
first principles, because we need to
agree on what the standard is. What
72
00:05:43.480 --> 00:05:48.639
is the standard? What is social
justice? We start with kind of the
73
00:05:48.639 --> 00:05:53.879
old fashioned definition of justice, which
goes back to Aristotle, goes to Thomas
74
00:05:53.920 --> 00:05:58.519
the Quintas. People like that.
It's the constant and perpetual will to render
75
00:05:58.600 --> 00:06:02.600
to each what is due to him. Right and our day to day going
76
00:06:02.639 --> 00:06:08.519
about life, making contracts with other
people, you know, talking about how
77
00:06:08.600 --> 00:06:11.639
to run our families. That's what
we have in mind, the constant,
78
00:06:11.720 --> 00:06:15.319
perpetual will to render each to each
person what's due to them. What do
79
00:06:15.399 --> 00:06:19.079
I owe you? You know,
if you go beyond that, that's like
80
00:06:19.800 --> 00:06:25.040
benevolence or you know, but just
as itself requires, did you give people
81
00:06:25.040 --> 00:06:28.560
at least what's what is due to
them. So then social justice to put
82
00:06:28.560 --> 00:06:32.680
that word in front, what does
that mean? We interpret it as being
83
00:06:32.920 --> 00:06:36.240
Okay, well, now let's think
about the rules of the game, our
84
00:06:36.360 --> 00:06:44.079
laws, social norms, those kinds
of things that will promote every person getting
85
00:06:44.199 --> 00:06:47.560
what is due to him. And
we take our model of a person as
86
00:06:47.680 --> 00:06:55.720
being one that the words I use
in the book, recognizes each person as
87
00:06:55.920 --> 00:07:01.839
unique, unrepeatable, worthy of dignity, endowed with the ability to direct his
88
00:07:02.079 --> 00:07:08.240
or her own life without harming other
people, and noble enough to care deeply
89
00:07:08.279 --> 00:07:11.639
about the well being of others.
That's our starting point, that's my starting
90
00:07:11.639 --> 00:07:15.000
point, right that. I mean, we're endowed with this ability. I
91
00:07:15.040 --> 00:07:18.879
think the endowment comes, you know, direct from above. I believe with
92
00:07:18.959 --> 00:07:24.160
you, and we're endowed with that. That's why we were creative, you
93
00:07:24.240 --> 00:07:30.439
know, to to yeah, and
so, but it's you know, we
94
00:07:30.560 --> 00:07:33.639
just don't think about, you know, how to run our own lives without
95
00:07:33.639 --> 00:07:36.480
harming other people. Were also,
as I said, they're noble enough to
96
00:07:36.519 --> 00:07:41.560
care about other people and want them
to flourish along with us. So how
97
00:07:41.560 --> 00:07:44.720
do you build a system based on
that? I think most of the authors
98
00:07:44.720 --> 00:07:47.319
in the book and I would agree
it's really a bottom up thing. It
99
00:07:47.399 --> 00:07:53.800
begins with just the way we treat
each other. Uh say, today will
100
00:07:53.800 --> 00:07:57.720
be that change that you want to
seeing others right exactly? Yeah, And
101
00:07:57.839 --> 00:08:03.680
weighs great. And you make such
a clear point here that we are in
102
00:08:03.759 --> 00:08:09.360
doubt. We're prewired with this because
what you're talking about, I'd say the
103
00:08:09.399 --> 00:08:13.920
majority of Americans get it. They
their lives are operating this way. Even
104
00:08:13.920 --> 00:08:18.879
though we may see things chaotically on
the rise, it's still in the minority.
105
00:08:20.439 --> 00:08:22.399
And this is what gives me faith, Robert, in the American people.
106
00:08:22.439 --> 00:08:26.879
I think the world at large,
as you said, for the most
107
00:08:26.920 --> 00:08:31.399
part, people think nobly. They
want to do right for themselves, especially
108
00:08:31.480 --> 00:08:35.840
people for faith. In faith,
people in faith want to do right by
109
00:08:35.879 --> 00:08:43.240
God and right to their neighbors.
That is a driven principle that you know
110
00:08:43.320 --> 00:08:46.919
gets us from one day to the
next. And sometimes we fail, we
111
00:08:46.960 --> 00:08:50.919
fall short, We get that,
but because this is a guiding principle,
112
00:08:52.600 --> 00:08:56.919
we come back to it. Like
you said, we constantly, We constantly
113
00:08:56.960 --> 00:09:05.000
return to first principles and measure our
behavior against first principles. And because when
114
00:09:05.000 --> 00:09:09.480
things are so disruptive and we feel
like wait minute, social justice isn't just
115
00:09:11.120 --> 00:09:15.480
okay, what why are we there? What what is telling us that it's
116
00:09:15.600 --> 00:09:22.039
unjust? Right? Exactly? And
so we need to have firm principles.
117
00:09:22.480 --> 00:09:26.120
And you know, for a Christian, I think that would go back to
118
00:09:26.159 --> 00:09:30.600
those ten commandments that we've heard about
and and all the things that then grow
119
00:09:30.720 --> 00:09:35.120
up out of that, and you
know, the things that Jesus preached in
120
00:09:35.159 --> 00:09:37.360
the Sermon on the Mountain that you
know, he talked about during his entire
121
00:09:37.399 --> 00:09:41.960
ministry and then suffered and died for
my sins, so that you know,
122
00:09:43.039 --> 00:09:48.120
we could uh, yeah, we
could overcome all the evil and the temptations
123
00:09:48.159 --> 00:09:50.679
of the world. And so to
me, that's where you really have to
124
00:09:50.720 --> 00:09:56.000
get started. Yeah. So so
we get started there. We have a
125
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defining point, a standard, our
north star that we we understanding, we
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agree on, and this is an
individual decision and revelation. Right. And
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then you go and you live life
in the marketplace, and then you run
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into people that aren't necessarily interested in
justice. They're just interested in having it
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their way. I was I was
on a radio talk show a couple of
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weeks ago talking about this, and
the host I believe he meant this in
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all seriousness. He said, all
I really care about is me, and
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I thought to myself, in fact, I think I bluted out. I
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doubt that's really true, you know, but we do run into people that
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all they care about is them,
and there are ways that when you deal
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with people like that, it can
it can, it can work out.
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Right. The marketplace is especially designed
to do that. You deal with often
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complete strangers. And what does standard
economics tell us, Right, there's a
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demand curve, there's this apply curve. There's a price that comes out,
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and you know what, it's a
win win situation. Students, this intro
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right off the bat, right,
there's consumer surplus, there's producers surplus.
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It's actually a win win situation both
actually when they're not coerced to do things,
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when there's not fraud or theft or
something like that, that's how it
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works out. And so this we've
harnessed that institution so well in our society.
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Of course, it doesn't solve every
problem. We've harnessed it so well
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to tap the energy the innovativeness,
right of these inventors and entrepreneurs, but
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you know, just not the famous
ones, all of us, which hardness
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that so well that we have created
genuine human prosperity. I wrote a study
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last year where I looked at where
do the poorest five percent of Americans fit
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into the overall income distribution? Okay, so by definition, of course,
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five percent of Americans are to be
at the fifth percentile amongst Americans. They're
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also at the sixty ninth percentile among
all people living in the world. But
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in the paper, I then went
back and looked at estimates from economic historians
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and demographers, like all the people
who've ever lived, where did the poorest
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five percent of Americans fit in that
income distribution? And discovered it's about it.
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The ninety fifth percentile, the ninety
percentile, our poorest because of the
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system that we have built, just
as us trading with each other, mostly
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self interested, has allowed the poorest
people to be among the richest all time.
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I am so grateful that I live
in that situation, you know,
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materially that I don't face the sheer
hunger and malnutrition and lack of good clothing
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and shelter and everything that most people
have struggled with throughout most of human history.
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We're pretty we've done a pretty good
job at Wibano's absolute poverty. Wow.
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Thank you God for that men,
and let's not thive that away and
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then not let's not also then worship
Mondment. Right, let's not think that
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that was the end of the whole
thing. But that's not It's all about
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and that's a stepping off point,
right, a springboard for us. And
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then too, you know, rise
to that nobility in which God made it
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right, help and help us hold
it in proper perspective to where it's advantageous
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for all concerned. Robert Wakeles is
whether it's a senior fellow at the Independent
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Institute, co editor managing editor of
The Independent Review, and a professor at
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economics at wake Forest University. We're
talking about his new book is Social Justice
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just uh he edited it. He
was blessed and we're blessed as a result
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to bring together twenty one accomplished academics. Robert, how did you do this?
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How did you get uh, you
know, these network of willing academics
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to participate in answering this heavy question. We were actually very lucky. The
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book is published by the Independent Institute
and the set of the papers in it
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were published in The Independent Review,
which I edit. But to encourage people
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to contribute an anonymous donor I do
not know who this person is put up
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ten thousand dollars for the best essay, and that's right, did some pretty
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good? Actually? Wow? Yeah, so Jim Oddison, who's chapters in
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the book, he's of professor,
a philosopher teaching in the business school over
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at Notre Dame. He won the
ten thousand bugs. Very very nice.
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But did you take you out to
dinner at least? Well, you know
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i've happened in a while. No, he didn't. He didn't take me
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out to dinner. Well, well
we'll dinner. Shame him here on the
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TV show. Okay, I'm not
actually the kind of guy that says,
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hey take me out. Of course, of course you're not. But no,
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I mean, hey, look at
it's uh, you know, so
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we we didn't get a lot of
people. And you can see there from
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actually from number of countries around the
world. There's economists, there's philosophers,
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there's historians, there's legal scholars,
there's people from like, you know,
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all sorts of different backgrounds, and
they you know, they're all coming from
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different starting points and they all have
kind of they've been thinking about these ideas
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for a long time, and so
we've kind of galvanized them to think about
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it, and I think we got
some excellent chapters, and Jim's chapter in
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particular, you know, I'll talk
about a little bit. He's a Smith
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scholar and Adam Smith's scholar, and
he basically argues, you know, we
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need to get back to Smithian principles
in doing this. And so what did
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Smith advocate in his book The Theory
of Moral Sentiments and then later in the
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Wealth of Nations. Basically that cooperation
is the key. We need to set
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up institutions that allow people to cooperate
with each other, and we need an
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authority collectively to make sure that people's
the three p's and people's persons, property
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and promises are protected. Right.
If you set that system up, you
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will see prosperity emerge. And it
was happening at the time Smith was writing,
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and you can see places around the
world where it's just happened, like
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within a generation. Think about Hong
Kong, think about Singapore. You know,
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people living there largely from China,
but now they're put in a new
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setting, not under the old Chinese
imperial system or communist system later, but
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in the kind of same kind of
system. Adam Smith was in actually the
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00:16:29.840 --> 00:16:36.200
British teaple system and what happened They
started trading with each other and they just
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got more and more and more prosperous, and so it didn't make them perfect
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people, but it sure did solve
that fundamental human problem. Yeah, don't
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you love system I love systems,
you know, because they're they're easy to
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measure, you see results from it, you can adjust it. And what
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he addresses here to me, I
just in my latter years of life,
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I've just come to appreciate it because
it's like, you know, I'll talk
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about God's infrastructure at times, Robert, and God's infrastructure is so perfect.
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It's designed too. By the way, for some people this may be a
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little disturbing. Brain it does accommodate
and handle climate change. Okay, just
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I just want you to know,
because God Almighty is in charge, He's
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got that all figured out. And
that doesn't mean that we don't have a
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role to play. I'm not saying
that. But I'm just saying is that
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God's infrastructure is there. It's in
place, and it's quite evident and obvious,
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as obvious as is the law gravity
that when you divide his infrastructure.
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You're you're gonna have consequences and it
could be very painful, right, Yeah,
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So I genuinely believe in the idea
of divine providence. You know,
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God said this system up for us
so that we would well, I mean,
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he designed us so they will actually
get back home in the long run,
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back up. Well, he wants
he wants it, he wants it
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to go well with us. I
mean that's what he told Jane, right,
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if you do right, will it
not go well for you? And
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that that warning echo has been echoing
through the millennium since. Yeah, So,
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I mean he he, I don't
think made us to you know,
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be living a life like an animal
or living. He made us in his
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own image and life this and you
know, I think that includes us prospering,
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but of course then not worshiping our
very own prosperity, which is a
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problem that I see you know,
so often welling up. That's to me,
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the biggest challenge going forward for humanity
right in the old days was how
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to live with all that absolute poverty
and all that scarcity. We'll always have
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scarcity with us, but it's sure
is binding a lot less. And now
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it's like, how do we live
with this prosperity and actually lead flourishing lives.
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We've seen, you know, all
sorts of problems in American society,
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Western society, wealthy country society,
or you know, we just are still
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thinking in kind of not thinking about
the big picture and and just spinning our
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00:19:04.839 --> 00:19:08.799
wheels and not and not putting these
great games to good news. Right,
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00:19:10.279 --> 00:19:12.920
little sidebar here. I don't know
if you've seen this story that's going around
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00:19:12.960 --> 00:19:19.920
about this guy that had a what
he spent twelve thousand dollars to make himself
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into a dog, a collie.
Have you seen this? No, I'm
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I am very glad I have none. O. It's it's a little bizarre.
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I mean, people are having fun
with this. Uh but you say,
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God designed this not to go live
like animals. But then you get
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some people that have their own ideas, and I mean it's amazing. You
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know, he's created this outfit and
he looks like a collie and they showed
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him the other day like he went
out for his first walk, and I
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mean, the human condition is quite
curious. We got to go to break.
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We've got more from Robert Waples.
His book is Social Justice. Just
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00:19:57.880 --> 00:20:15.440
stay with us, President Biden recently
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Hey, welcome back. Bill Martinez.
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Here. Robert Waples is with us. We're talking about his book is social
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Justice just He had to take a
little walk and think about somebody being dressed
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up and paying twelve thousand dollars to
create an outfit for themselves to become a
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dog. Again, the human condition
being what it is. I'm going to
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read this. It's from the jacket
of the book. In the pages of
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the book, twenty one accomplished academics
seek to do justice to social justice.
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Inequality exists, and it obviously causes
riffs and societies, but it's not obvious
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how the government should address those rifts, or if they should do it at
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all, that you know, have
we forgotten that perhaps more efficient power of
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personal choice and the corollary obligation to
serve our neighbors, to make our society
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more humane? Uh? You know, Robert, you suggested as much as
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that, when we're allowed to be
free human beings, it's amazing how the
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economy, within the design that God
has established for us, it works itself
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out if it's allowed. But when
you get government that comes in and they
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throw money at it, and they, you know, in a sense,
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they interrupt and disrupt what God has
established, the creating more problems than what
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we began with. You have shown
the cover of the book several times and
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00:24:41.960 --> 00:24:45.960
it's a striking picture. It's you
know, it's supposed to be justice being
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blind with the scales, but this
justice is speaking out from underneath that little
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00:24:49.440 --> 00:24:55.240
blindfold kind of built things into one
side or the other, and that's that's
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what we can't have. And our
government does that in a number of ways.
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And so the book is i'll say, a sober warning that you know,
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even honest attempts to involve the state
and it's coerced redistribution can rapidly turn
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into just rent seeking, as economists
call it, trying to get your own
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cut. But the book also includes
a number of calls to stamp out unwarranted
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privileges that are currently in the system. So there is chrony capitalism. There
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00:25:23.200 --> 00:25:29.839
are firms out there that have gotten
there. Much of their profits come from
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00:25:29.880 --> 00:25:33.519
just having friends in the government.
There have been some big corporate bailouts and
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that kind of stuff. You had
bail one guy out, and then everybody
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00:25:36.960 --> 00:25:38.559
else expects you to do it.
They take bigger risk, and the next
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00:25:38.559 --> 00:25:42.079
bailout's got to be even bigger.
We gotta nip this, We gotta prune
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00:25:42.079 --> 00:25:45.359
this problem back, We gotta get
rid of it. We need to dismantle
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barriers to entry so that people can
take their talents and bring them to other
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people. Right, we restrain the
supply side in so many different ways.
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You know, Occupational licensing is one
of the things that's talked about several times
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00:26:00.799 --> 00:26:03.759
in the book. Here are people
that you know have these skills, but
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they don't They haven't checked off the
right boxes, so they don't have whatever,
330
00:26:07.640 --> 00:26:11.000
you know, license they need from
the government. What does that do
331
00:26:11.559 --> 00:26:15.480
in simple economics, I would tell
my students that that shifts the supply curve
332
00:26:15.599 --> 00:26:18.880
in and drives the price up,
and so those special insiders get bigger profits
333
00:26:18.880 --> 00:26:22.839
than the other way, and the
customer gets ripped off in the process,
334
00:26:22.880 --> 00:26:26.480
and those outsiders who can't jump through
those hoops, they're left out in the
335
00:26:26.519 --> 00:26:30.599
cold. They can't even exactly saw
off the first rung on the ladder to
336
00:26:30.720 --> 00:26:33.240
success, as they say, right, yeah, well, of course we're
337
00:26:33.240 --> 00:26:37.920
seeing a lot of this right now
with you know, the Hunter Biden case.
338
00:26:38.440 --> 00:26:45.559
What's being revealed. Devin Archer had
an interesting interview with Tucker Carlson the
339
00:26:45.559 --> 00:26:49.079
other night, and I think people
are waking up and realizing, I mean,
340
00:26:49.319 --> 00:26:52.799
at least I mean going, that's
right, those guys in the Beltway,
341
00:26:53.200 --> 00:26:56.160
what are they selling. It's not
like they got a widget, it's
342
00:26:56.160 --> 00:27:00.000
not that they're doing a hotdog stand
or something like that. They're they're just
343
00:27:00.039 --> 00:27:06.440
they're selling their connect their connections.
Yeah, right, exactly, And that's
344
00:27:06.240 --> 00:27:10.799
that is the kind of thing that
I think everybody agrees we need to stamp
345
00:27:10.839 --> 00:27:15.319
out, and so we've got to
figure out ways to do it. It's
346
00:27:15.400 --> 00:27:17.960
really hard to do it, right. I don't know if you've heard of
347
00:27:17.960 --> 00:27:22.480
the economist Manser Olsen. He wrote
this very influential book, The Logic of
348
00:27:22.559 --> 00:27:27.279
Collective Action. And so the whole
problem is this, think about it like
349
00:27:27.319 --> 00:27:32.720
a tariff. I always talk about
the sugar tariff in class. And there's
350
00:27:32.759 --> 00:27:36.799
this one family that owns a lot
of sugar businesses, and then there's a
351
00:27:36.839 --> 00:27:40.680
cooperative down in Florida of sugar growers, and together they're like half the market.
352
00:27:41.039 --> 00:27:45.000
And so if they lobby and they
get some tariff increased, boy do
353
00:27:45.079 --> 00:27:48.720
they profit from it. It's you
know, it's going to profit them to
354
00:27:48.799 --> 00:27:51.880
lobby, and they lobby both parties, they do all that kind of stuff.
355
00:27:52.440 --> 00:27:55.240
They ended up winning it. You
know, estimates like a billion and
356
00:27:55.240 --> 00:27:59.079
a half extra knowledge for the profit
for the industry. We consumers have to
357
00:27:59.119 --> 00:28:00.839
pay more and we lose more than
they went. So we lose like about
358
00:28:00.839 --> 00:28:04.400
three billion dollars. But you divide
that by the population of the US and
359
00:28:04.440 --> 00:28:07.559
it's like less than ten dollars per
person. And so we don't get together
360
00:28:07.599 --> 00:28:11.839
with pitchforks and torture go down the
Capitol Hill and say get rid of this
361
00:28:11.880 --> 00:28:18.319
bad law. They're organized and we're
disorganized, right, and so what we
362
00:28:18.359 --> 00:28:21.839
need is actually more groups I think, like the one that you know that
363
00:28:22.240 --> 00:28:29.039
I edit the journal for the Independent
Institute that are fighting the good fight for
364
00:28:29.039 --> 00:28:32.519
for the consumer, that are fighting
the good fight for the people not in
365
00:28:32.559 --> 00:28:36.799
the special interest out there explaining what
they're doing and how you know, they're
366
00:28:36.839 --> 00:28:38.920
taking advantage of everybody else. And
we need to make it so that it's
367
00:28:40.000 --> 00:28:45.519
just embarrassing that you would take some
kind of you know, cut from some
368
00:28:45.839 --> 00:28:49.559
from a special interest. Well,
well the dealers are also, I mean
369
00:28:49.759 --> 00:28:53.039
when you talk to them sometimes they
you say, well is that legal,
370
00:28:53.720 --> 00:29:00.240
and it's you know, and it's
it almost becomes an ethical issue. Well
371
00:29:00.359 --> 00:29:04.119
it's kind of legal, Well is
it ethical? Well, you know,
372
00:29:04.200 --> 00:29:08.319
you start getting into those gray areas. So again going back to what we
373
00:29:08.440 --> 00:29:12.839
first talked about first principles. See, we haven't defined first principles. If
374
00:29:12.839 --> 00:29:18.759
first principles are defined, then we
understand that insider trading is something that shouldn't
375
00:29:18.759 --> 00:29:22.079
be taking place. But the legislators
have been able to do an end around
376
00:29:22.359 --> 00:29:27.079
and still managed to do insider trading
though, I think what four or five
377
00:29:27.160 --> 00:29:32.039
years ago, after an investigation,
they said, okay, well we got
378
00:29:32.039 --> 00:29:33.839
found out, so we better back
off a little bit. And they backed
379
00:29:33.839 --> 00:29:37.960
off I think maybe for a couple
of years, and they came back with
380
00:29:37.000 --> 00:29:40.720
a vengeance because they had to make
up for the two years that they lost.
381
00:29:40.880 --> 00:29:47.160
Right. I think sunshine is,
as they say, a very powerful
382
00:29:47.200 --> 00:29:49.680
disinfectant. Right. And so yeah, we know, and there are organizations
383
00:29:49.680 --> 00:29:53.519
out there, but it's also our
job. We've got to pay attention.
384
00:29:55.200 --> 00:30:00.799
There's a concept in economics called rational
ignorance, and we, we voters are
385
00:30:00.839 --> 00:30:04.079
just rationally ignorant about those things because
you know, it's costly to get this
386
00:30:04.119 --> 00:30:07.759
information. Was the benefit of us
having it tiny, So we don't get
387
00:30:07.880 --> 00:30:11.160
much of the information, and you
know, we go off and read a
388
00:30:11.160 --> 00:30:15.839
book or watch a baseball game or
a batch of show or something like that
389
00:30:15.000 --> 00:30:18.839
instead of paying attention. And that's
how they're they're able to get to that
390
00:30:18.880 --> 00:30:22.440
equilibrium where they can get away with
with all of this stuff. So it's
391
00:30:22.480 --> 00:30:29.720
one of those almost intractable problems that
you just need to work relentlessly at stamping
392
00:30:29.759 --> 00:30:33.880
it out. And the first step
is to just get up and say it's
393
00:30:33.000 --> 00:30:38.279
wrong. It's exactly doing it.
Yeah, we don't have enough talking about
394
00:30:38.799 --> 00:30:41.880
you know, it's just wrong that
you're doing that. Well, now,
395
00:30:41.880 --> 00:30:48.279
We've got you know, politicians and
leaders and whatever all over the political spectrum
396
00:30:48.319 --> 00:30:52.440
who do outrageous things and it's just
getting you know, so that the standard
397
00:30:52.480 --> 00:30:56.160
of wrong, you know, standard
of what they're going to do next is
398
00:30:56.200 --> 00:31:00.400
just getting you know, more and
more out. Yeah, yeah, why
399
00:31:00.440 --> 00:31:03.079
are you picking on me? That
other guy's doing worse than I am.
400
00:31:03.480 --> 00:31:07.000
But you know, to your point, I like whatever Dickerson said, you
401
00:31:07.000 --> 00:31:11.079
know back in the days when it
was a million dollars that I think you
402
00:31:11.119 --> 00:31:12.279
may have said it's a billion here, a billion there before you know what,
403
00:31:12.319 --> 00:31:15.799
you're talking about a lot of money, and you know, this is
404
00:31:15.799 --> 00:31:18.720
where we're at. We're thirty two
and a half trillion dollars in debt and
405
00:31:19.000 --> 00:31:26.400
we're moving in the wrong direction,
and especially with interest prices or interests uh
406
00:31:26.559 --> 00:31:33.039
increasing. Uh, we're what do
we have about half half trillion? Uh?
407
00:31:33.640 --> 00:31:37.799
In terms of managing the debt service
right off the top, I mean
408
00:31:37.119 --> 00:31:42.359
we're going to be approxritingillar it a
lot of the debts kind of short terms.
409
00:31:42.359 --> 00:31:45.119
So once all the debt kind of
has to roll over at the new
410
00:31:45.240 --> 00:31:49.319
higher interest rates, think about it. Uh, let's say five percent interest
411
00:31:49.480 --> 00:31:55.599
on thirty plus trillion dollars. You
know, that's that's a trillion and a
412
00:31:55.720 --> 00:32:00.720
half dollars. That starts to crowd
out things that can be you know,
413
00:32:00.759 --> 00:32:02.880
the government has some roles in the
economy and that it should be doing and
414
00:32:02.880 --> 00:32:09.960
focusing on those things instead of us
just always being so shortsighted that you know,
415
00:32:10.480 --> 00:32:15.440
we keep kicking this can down the
road, as they say, and
416
00:32:15.480 --> 00:32:20.359
this never let's let the next generation
deal with it. And there's another problem,
417
00:32:20.400 --> 00:32:22.960
and it's not when we really address
in the book. I wrote an
418
00:32:22.960 --> 00:32:25.680
op ed piece not too long ago, it was actually published on on Father's
419
00:32:25.759 --> 00:32:30.480
Day and National Review online about how
we're running out of kids. You know,
420
00:32:31.240 --> 00:32:37.039
people just are not having children anymore
for whatever reason when they do that.
421
00:32:37.640 --> 00:32:39.839
So it's not just the Chinese,
right, yeah, it's not just
422
00:32:39.960 --> 00:32:46.119
them, it's us. The people
just seem to exaggerate the costs of having
423
00:32:46.240 --> 00:32:51.519
children, raising children, and especially
minimizing the benefits. This is like the
424
00:32:51.519 --> 00:32:54.279
greatest thing that happened to me in
my life, becoming you know, getting
425
00:32:54.319 --> 00:32:59.079
married to a beautiful woman, having
five beautiful children with them, right,
426
00:33:00.039 --> 00:33:05.519
it's a transformative experience. We've got
to explain that other people having children is
427
00:33:05.559 --> 00:33:09.400
the greatest thing. And if we
don't, not only will that make our
428
00:33:09.440 --> 00:33:15.720
lives worse, but it'll make those
people who do have children's lives worse and
429
00:33:16.160 --> 00:33:22.039
their own lives when they're older because
our population will shrink. World's population will
430
00:33:22.079 --> 00:33:27.599
probably start shrinking during my lifetime.
And when it starts shrinking and we're this
431
00:33:27.880 --> 00:33:30.200
deep in debt, who's going to
be able to pay off that debt?
432
00:33:30.240 --> 00:33:31.599
The tax levels are going to have
to go through the room, and you
433
00:33:31.640 --> 00:33:37.480
know we will will end up if
that all plays out, being like Argentina
434
00:33:37.599 --> 00:33:42.319
or something like that. Well,
what's so scarier about to me is the
435
00:33:42.319 --> 00:33:45.440
psychological impact that this has. I
mean, you're you're going to have a
436
00:33:45.440 --> 00:33:54.119
lot of unhappy campers. Yes,
I mean the joys of parenthood will will
437
00:33:54.160 --> 00:33:59.880
be lost. But then I have
a colleague who's from China and the northern
438
00:33:59.880 --> 00:34:04.440
part of China that has the lowest
fertility rates. And she's an only child,
439
00:34:04.839 --> 00:34:07.800
okay, and her parents were only
child and she's she's a girl and
440
00:34:07.880 --> 00:34:10.920
the only child, she's lucky to
survive. Well, she's a miracle.
441
00:34:10.920 --> 00:34:15.639
And so you know her parents were
only children too. Given China's policies,
442
00:34:15.679 --> 00:34:20.679
that means that not only does she
not have a brother or sister, she
443
00:34:20.719 --> 00:34:24.679
doesn't have uncle, aunts or cousins
as well. Imagine living in a world
444
00:34:24.800 --> 00:34:30.039
like that. And so she's actually
she just had a baby a few months
445
00:34:30.039 --> 00:34:34.480
ago. And so you know,
I visited her class one time. She's
446
00:34:34.519 --> 00:34:37.039
a junior colleague, and she was
talking. The example she was giving in
447
00:34:37.079 --> 00:34:40.960
class was some data she collected amongst
the students, like how many siblings you
448
00:34:42.000 --> 00:34:45.159
have and how happy you are.
And she found with the sample of students
449
00:34:45.199 --> 00:34:47.559
that the more siblings you had,
the happier, the happier you were.
450
00:34:47.840 --> 00:34:52.039
We are designed, I think,
to be very social people like that.
451
00:34:52.159 --> 00:34:54.079
Yeah, you think, I think
so. You know, that's when we
452
00:34:54.079 --> 00:34:58.239
go with the design. I think, well, that's great application here we've
453
00:34:58.280 --> 00:35:00.639
got to go to break Robert waples
Can continues with us. The senior fellow
454
00:35:00.840 --> 00:35:19.159
at the Independent Institute is social justice. Just stay with us. This radio
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commercial was made to convince you to
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damage you cause will be beyond repair. See, we didn't have to use
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hundred six nine nine three five eight
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eight. Well, if you find
yourself asking is social justice just, it's
494
00:38:22.320 --> 00:38:24.559
a good reason to get your hands
on this book. Take advantage of the
495
00:38:24.639 --> 00:38:30.440
insight of twenty one academics who have
come to gather here to address this heavy
496
00:38:30.599 --> 00:38:37.519
topic because there's so much noise,
I believe misunderstanding about social justice, first
497
00:38:37.519 --> 00:38:42.039
of all justices. Robert Wapel started
out with, and then you bring in
498
00:38:42.079 --> 00:38:47.519
the idea of social justice and it
may color your perspective just a little bit,
499
00:38:47.559 --> 00:38:51.079
but that's okay, there's nothing wrong
with it. But we need to
500
00:38:51.119 --> 00:38:59.039
have this conversation in the light of
day, not in silos or in ideological
501
00:38:59.320 --> 00:39:02.920
fixed corner. You know, Robert, I think it's quite interesting. You
502
00:39:04.000 --> 00:39:07.480
have one of my favorite philosophers,
and Jordan Peterson, doing the forward of
503
00:39:07.519 --> 00:39:15.000
the book on the Narcissists of compassion. Explain that to our audience. Yeah,
504
00:39:15.039 --> 00:39:21.519
So he draws on Nietzsche the Philosopher
and talks about how there's this spider
505
00:39:22.000 --> 00:39:24.960
there that basically I kind of think
of the spider, you know, and
506
00:39:25.199 --> 00:39:29.719
learn of the rings she loves.
Right, they're gonna get you, but
507
00:39:29.840 --> 00:39:36.360
basically convinces you that what's right is
wrong and what's wrong is right. Here's
508
00:39:36.440 --> 00:39:42.840
here's a quote that I give in
the introduction that I think captures a bunch
509
00:39:42.840 --> 00:39:46.239
of what Jordan says in his preface
to the book Thomas Soul, you know,
510
00:39:46.280 --> 00:39:52.119
the economist Thomas. He says that
envy once used to be one of
511
00:39:52.119 --> 00:39:58.280
the seven deadly sins before it became
one of the most admired virtues under his
512
00:39:58.480 --> 00:40:04.239
new name, social Justice, that
what drives so much of the social justice
513
00:40:04.400 --> 00:40:07.880
agenda is sheer envy for other people's
success. And we were talking about the
514
00:40:07.960 --> 00:40:15.480
chapter by Jim Modison. What he
says we need to do is distinguish outcomes
515
00:40:15.719 --> 00:40:20.480
from three different sources. Right.
One source of outcomes is just luck,
516
00:40:20.880 --> 00:40:22.960
and we all like a certain amount
of luck. We don't want everything to
517
00:40:23.000 --> 00:40:28.840
be based on luck. But then
the second source is decisions that we've made
518
00:40:28.880 --> 00:40:32.559
that we're entitled to make. And
then the third source of outcomes is decisions
519
00:40:32.559 --> 00:40:37.199
we've made that we're not entitled to
make. We need to focus on the
520
00:40:37.239 --> 00:40:39.760
third thing we need to focus on, you know, getting rid of chrony
521
00:40:39.800 --> 00:40:44.079
capitalism, that kind of stuff.
Decisions people are making that they're not really
522
00:40:44.159 --> 00:40:46.719
entitled to make, allow a certain
amount of luck, and focus on,
523
00:40:47.440 --> 00:40:51.960
you know, just decisions that people
make that they're entitled to make, if
524
00:40:51.960 --> 00:40:55.559
they are entitled to make those decisions, and then we can't really second second
525
00:40:55.599 --> 00:41:00.440
judge it just because we don't like
the way it ended up happening. Didn't
526
00:41:00.440 --> 00:41:01.920
win, but you know, there
were the rules. We agreed that those
527
00:41:02.000 --> 00:41:07.480
rules were fair and and that's that's
the way the game ended up. He's
528
00:41:07.480 --> 00:41:09.840
got a really good example. He
uses it like this guy who's dating this
529
00:41:09.920 --> 00:41:14.960
girl, he's about to pop the
big question, and then she meets this
530
00:41:15.039 --> 00:41:17.639
other guy that she likes even more, and it's like, is he entitled
531
00:41:17.679 --> 00:41:22.199
to something? No, it was. It was darned unlucky that that happened
532
00:41:22.239 --> 00:41:25.719
to him. But made a contract
him, you know whatever, he's just
533
00:41:27.360 --> 00:41:30.639
and so the same thing like then
for a store, there's a store and
534
00:41:30.679 --> 00:41:32.440
you were going there all the time. You love the store. A coffee
535
00:41:32.480 --> 00:41:36.199
shop and then another one opens up
across the street. You go there,
536
00:41:36.239 --> 00:41:37.880
you like it better, and the
other poor store goes out of business.
537
00:41:38.440 --> 00:41:43.880
Are they entitled some kind of compensation? No, you were entitled. You
538
00:41:43.920 --> 00:41:47.239
know, we're made by God with
his ability to make our decisions like that.
539
00:41:47.280 --> 00:41:51.679
If that's what's you know, causing
the chips to fall, you know,
540
00:41:51.960 --> 00:41:55.239
then that's you know, we got
to accept differences that are gonna be
541
00:41:55.360 --> 00:41:59.519
based on that. But if the
rules are rigged, you know, that's
542
00:41:59.519 --> 00:42:02.000
where we got well that's a different
story exactly. Yeah, all together,
543
00:42:02.119 --> 00:42:07.039
But I think what's happened in this
culture particularly, it seems like in this
544
00:42:07.119 --> 00:42:13.360
last generation I've often said, Robert, is that parents are afraid, you
545
00:42:13.360 --> 00:42:16.239
know, for their children to get
booboos. I say, go out there,
546
00:42:16.320 --> 00:42:20.719
you know, go scrape up some
knees, go fall out of Remember
547
00:42:20.760 --> 00:42:22.800
when you were a kid and you
went to the park and it was a
548
00:42:22.840 --> 00:42:28.159
big old slide and it was metal, yes, and you first you went
549
00:42:28.199 --> 00:42:30.360
down the baby slide, and then
you conquered that. Now I'm gonna go
550
00:42:30.440 --> 00:42:35.760
down the big slide. Right now, I'm gonna go down head first.
551
00:42:35.960 --> 00:42:38.679
It took bigger and bigger risks until
you kind of like learn what you're you
552
00:42:38.719 --> 00:42:43.079
know, how far you could push
yourself exactly? Heard you for life,
553
00:42:43.119 --> 00:42:46.280
so much better than all of the
plastic slides and all the kids and the
554
00:42:46.280 --> 00:42:50.800
boo boos that we have today.
I am thoroughly convinced of that that we
555
00:42:51.079 --> 00:42:53.159
not take enough risks, say,
and we certainly saw that with the COVID
556
00:42:53.159 --> 00:42:59.199
shutdowns, the tiny, tiny risks
that we're going to be from children going
557
00:42:59.239 --> 00:43:02.159
to school and changing these germs with
each other. The risks were so small,
558
00:43:02.559 --> 00:43:06.719
and yet we shut down the schools
and they stopped learning, and we
559
00:43:06.920 --> 00:43:10.679
just there. I see this in
my own students. They're just not as
560
00:43:10.760 --> 00:43:15.639
good as the ones that who you
know, stayed with it and see it
561
00:43:15.639 --> 00:43:19.639
in the test scores. You see
it all over the place. So that'd
562
00:43:19.679 --> 00:43:22.679
be a kind of rules and social
norms, right, what is the social
563
00:43:22.719 --> 00:43:30.400
norm about taking risks and about there
are some redistributional con you know, conflicts
564
00:43:30.440 --> 00:43:32.760
that might arise from a law like
that. Some people could get armed,
565
00:43:32.760 --> 00:43:36.679
some more germs could be spread around, but other people, you know,
566
00:43:36.719 --> 00:43:39.480
you've got to think of the big
picture there. So right now, the
567
00:43:39.599 --> 00:43:45.320
last chapter in the book is one
where I talk about social justice, anti
568
00:43:45.440 --> 00:43:51.400
racism in public policy, and we
were looking for some of they to write
569
00:43:51.480 --> 00:43:55.199
this chapter the people at headquarters,
and you're telling you got you got.
570
00:43:57.239 --> 00:44:00.280
I'm like, I guess I have
to write it myself. Nobody else is
571
00:44:00.360 --> 00:44:05.719
volunteer because it's it's a very controversial
topic. Sure, what I do in
572
00:44:05.760 --> 00:44:10.039
the chapters largely have a dialogue with
Ibram Kendy, you know, the best
573
00:44:10.039 --> 00:44:15.000
selling book and Anti Racism, And
I say, let's take his ideas seriously.
574
00:44:15.760 --> 00:44:21.440
What policies will we put in place
to put people of all different racial,
575
00:44:21.519 --> 00:44:28.159
ethnic, whatever groups on an equal
footing. He says, scrap capitalism.
576
00:44:28.280 --> 00:44:35.119
Capitalism and racism are conjoined twins.
Not my reading of history. But
577
00:44:35.199 --> 00:44:38.000
if you scrap capitalism, what he
gets is socialism. And socialism, of
578
00:44:38.039 --> 00:44:43.480
course, just concentrates all the power
in a few people at the tops hands
579
00:44:43.679 --> 00:44:46.800
instead of diffusing it into the hands
of the power is in the hands of
580
00:44:46.800 --> 00:44:52.440
the consumers and capitalism right, So
socialism concentrates the power and it also leads
581
00:44:52.480 --> 00:44:57.960
to horrible outcomes. It leads to
construction of prosperity. Look at Venezuela.
582
00:44:58.320 --> 00:45:01.159
Remember when all the celebrities went there
and met Hugo Chavs and talked about how
583
00:45:01.199 --> 00:45:06.039
great that economy. Now it's gone
down the tubes. There are more people
584
00:45:06.079 --> 00:45:08.360
who are refugees from Venezuala. I
saw this in the paper the other day,
585
00:45:08.559 --> 00:45:14.599
and then there are from Syria.
Think about right, So, we
586
00:45:14.639 --> 00:45:16.119
don't want people to be on an
equal footing down at the bottom of a
587
00:45:16.159 --> 00:45:21.679
pit like they are in a socialists. We'd like to have them beyond relatively
588
00:45:21.719 --> 00:45:23.840
equal footing near the top of the
hill or the top of the mountain.
589
00:45:24.320 --> 00:45:29.079
So I say in this chapter,
well, here's some policies I think that
590
00:45:29.159 --> 00:45:32.079
could do it for us. And
I think across if you think about it
591
00:45:34.079 --> 00:45:39.039
and we're like rooting for special interests, you would you, I hope book
592
00:45:39.039 --> 00:45:45.119
Greek education reform taking the power and
putting it into the parents' hands, because
593
00:45:45.119 --> 00:45:49.599
they're the ones who know their own
children about their children the most right.
594
00:45:49.679 --> 00:45:54.440
It's a healthcare reform that eliminates barriers
on the supply side, that allows it
595
00:45:54.519 --> 00:45:59.880
just to get easier for more people
to practice medicine and all of its various
596
00:46:00.079 --> 00:46:04.039
you know kinds, so that the
price of medicine could come down. One
597
00:46:04.079 --> 00:46:08.679
of the healthcare reforms that I mentioned
in the chapter is that about sixty three
598
00:46:08.719 --> 00:46:17.239
percent of all black lives and in
abortions. There is something you would seriously
599
00:46:17.239 --> 00:46:22.199
want to have a talk about.
I talked about occupational licensing, like we
600
00:46:22.239 --> 00:46:27.760
talked about earlier exclusionary zoning, which
makes it hard for people to move to
601
00:46:28.880 --> 00:46:31.719
the most productive areas of the economy
because it's so expensive. One hundred years
602
00:46:31.719 --> 00:46:36.519
ago, Detroit's the hot place,
it's booming. Everybody pulls up steake moves
603
00:46:36.559 --> 00:46:39.119
to Detroit. You know, nowadays
Silicon Valley wherever, you can't afford to
604
00:46:39.159 --> 00:46:45.119
move there because the insiders put in
some rules that would benefit them and not
605
00:46:45.199 --> 00:46:49.039
the outsiders, right. I also
talk about cheap energy. So now they're
606
00:46:49.039 --> 00:46:54.000
getting invaded by homeless people that are
defecating on your sidewalks. So somehow just
607
00:46:54.719 --> 00:46:58.519
for vails, I guess, I
don't know, it's just nuts yet.
608
00:46:59.599 --> 00:47:02.320
I talk about cheap energy. You
know, fracking. That's a dirty word
609
00:47:02.400 --> 00:47:07.840
in some areas. No, it's
not what fracking did. Especially, I
610
00:47:07.880 --> 00:47:10.079
think about natural gas, bringing the
price of natural gas down, which people
611
00:47:10.199 --> 00:47:14.559
use to heat their homes. I
cite some statistics in the chapter about how
612
00:47:14.559 --> 00:47:19.639
many lives have been saved, an
economic study that looked at this, how
613
00:47:19.679 --> 00:47:22.000
many lives have been saved due to
the cheaper energy, so that people,
614
00:47:22.199 --> 00:47:25.679
you know, don't catch as many
colds and fluid and whatever and then die
615
00:47:25.719 --> 00:47:30.639
in the middle of winder right,
and I think about ending they all out,
616
00:47:30.280 --> 00:47:34.960
because the thing is is that that's
when people die when it gets cold,
617
00:47:35.159 --> 00:47:38.639
exactly right. Even in the country
of India, there are more cold
618
00:47:38.760 --> 00:47:44.719
related deaths than heat related deaths.
Okay, so this is I read,
619
00:47:45.400 --> 00:47:50.960
you know Willi cather my Antonia,
classic work of literature set in the prairies
620
00:47:51.000 --> 00:47:53.719
of Nebraska back in the late eighteen
hundreds. She's got a chilling quote there
621
00:47:53.760 --> 00:48:00.239
about about how cold is our greatest
enemy. Yes, cold as much were
622
00:48:00.800 --> 00:48:02.719
We're designed to live in hot places. If you think of anything, you
623
00:48:02.760 --> 00:48:06.679
know, because when you look,
when you look at the history of the
624
00:48:06.719 --> 00:48:10.639
world, when the expansion took place, it took it expanded when heat was
625
00:48:10.679 --> 00:48:14.960
there, when it was evident,
right when there was a clear difference between
626
00:48:15.000 --> 00:48:17.760
heat and gold, when it when
it constricted, was during the cold periods.
627
00:48:19.199 --> 00:48:23.239
But I guess you have to ignore
were very bad for us. Yeah,
628
00:48:23.320 --> 00:48:27.400
yeah, I'm with you on that. So what I you know,
629
00:48:27.440 --> 00:48:30.480
I do in the chapter is trying
to bring together a lot of things have
630
00:48:30.559 --> 00:48:32.400
been published in the Independent Review,
the Journal that I added, and you
631
00:48:32.440 --> 00:48:37.199
know, other things I've read from
many economists. I think these are things
632
00:48:37.199 --> 00:48:42.360
that if you weren't worrying about the
special interest, you would say, yeah,
633
00:48:42.400 --> 00:48:44.840
we should do that policy this,
you know, this whole range of
634
00:48:44.880 --> 00:48:50.519
policies that will just make life especially
better off for the poorest people. The
635
00:48:50.559 --> 00:48:54.480
poorest people. Yeah, exactly,
what a huge difference. I mean,
636
00:48:54.519 --> 00:48:59.760
that's it, and that is an
excellent chapter, and and God bless you
637
00:48:59.840 --> 00:49:04.239
for taking that on. But I
thought in the which you know, the
638
00:49:04.239 --> 00:49:07.599
manner in which you you did,
uh, I thought you were pretty even
639
00:49:07.639 --> 00:49:12.519
handed about it. Because on the
title you might think, whoa, we're
640
00:49:12.559 --> 00:49:15.119
gonna, you know, really be
dealing with something here. There's going to
641
00:49:15.159 --> 00:49:21.199
be an imbalance. But I thought
that you did a great job in hitting
642
00:49:21.239 --> 00:49:23.719
these key points. That's gonna you
know, for those for those that will
643
00:49:23.760 --> 00:49:25.840
read this and get you, I
mean, you want to get your hand
644
00:49:25.880 --> 00:49:29.760
on this book. I mean,
this is going to go a long way
645
00:49:29.800 --> 00:49:35.119
because we firmly believe in this in
this show that you know, knowledge is
646
00:49:35.199 --> 00:49:40.679
power, and information the right information
should lead to the right action, and
647
00:49:42.000 --> 00:49:44.880
uh, you know, and this
helps us in that direction. Robert,
648
00:49:44.880 --> 00:49:47.480
I can't thank you enough for it. It's great. And I tried to
649
00:49:47.599 --> 00:49:51.599
in that chapter, and I know
that all of our authors trying to this
650
00:49:52.079 --> 00:49:55.480
to approach this question with humility.
Michael, you know I'm not on the
651
00:49:58.599 --> 00:50:02.679
exactly God, I'm certainly not.
So there are other people who know things
652
00:50:02.719 --> 00:50:07.639
that I don't know. And so
if we can have a dialogue with those
653
00:50:07.679 --> 00:50:13.599
people and have them make their best
case and not you know, dismantle their
654
00:50:13.639 --> 00:50:17.159
straw man case. There's a new
expression. Let make them their steel man
655
00:50:17.360 --> 00:50:21.639
case, right, the best case
that they can positive maybe even take their
656
00:50:21.679 --> 00:50:24.119
case and make it better in ways
that they hadn't thought of. And then
657
00:50:24.239 --> 00:50:28.280
deal with that best case, your
best case against their best case. I
658
00:50:28.280 --> 00:50:32.400
think will will you know, lead
to constructive outcomes. I always believe in
659
00:50:32.440 --> 00:50:40.880
the accumulated the accumulated mindset here and
coming together in debating an issue that you
660
00:50:40.920 --> 00:50:46.360
know, with many counselors of victory
is assured. And you know that with
661
00:50:46.400 --> 00:50:52.920
that shared ambition that we would reach
for the stars and expand our knowledge and
662
00:50:52.960 --> 00:50:57.880
awareness for the greater good of all
concerned. Robert rifles again, thank you
663
00:50:58.320 --> 00:51:05.239
and the twenty one academics who participated
in social justice. Just the book available
664
00:51:05.280 --> 00:51:07.519
at all the usual places, right, And how can people be in touch
665
00:51:07.559 --> 00:51:14.000
with you? Well, I encourage
everybody to go to the website of the
666
00:51:14.039 --> 00:51:19.800
Independent Institute and so it's just Independent
dot org and you'll see the journal that
667
00:51:19.960 --> 00:51:22.440
publish and see all the different publications. We've got all sorts of interesting pro
668
00:51:23.039 --> 00:51:29.920
projects and videos to see. And
if any of your watchers want to contact
669
00:51:29.920 --> 00:51:32.079
me, just I'm out there on
the web. Google my name and you'll
670
00:51:32.119 --> 00:51:36.639
find my email address at my website
and send me an email. I'd be
671
00:51:36.679 --> 00:51:39.239
happy to talk with you. Look
at if the irs can find him,
672
00:51:39.239 --> 00:51:42.559
you can find him. So it's
not that bad, okay when we know
673
00:51:42.679 --> 00:51:45.960
that, Robert, thank you so
much for being with us your blessing.
674
00:51:46.000 --> 00:51:49.840
Appreciate you. Take care. I
am very able to have me on.
675
00:51:50.000 --> 00:51:52.039
Thank you. You got it for
more information, it'd be a part of
676
00:51:52.039 --> 00:51:57.119
this mighty Martinez movement to return to
God and to save our country. Hey
677
00:51:57.199 --> 00:51:59.639
check it out Bill Martinez show dot
com. Hey, God bless you and
678
00:51:59.719 --> 00:52:02.639
keep you and make his face shine
upon you. Going be blessed beyond your
679
00:52:02.679 --> 00:52:05.639
Imagination. Thanks for being with US
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