We're all fallible outside our areas of expertise, even famous heart-surgeons, and billionaires. The only way the government can give some people money is by first taking it from others. It does so by imposing confiscatory rates of taxation and by printing money. Why both activities leave you with less of your own money. Many intelligent and accomplished people who lack all wisdom have been predicting the end of work since 1801; tech advances will put millions out of work. Why they always have been wrong and always will be wrong.  
Learn more about your ad choices. Visit megaphone.fm/adchoices

We're all fallible outside our areas of expertise, even famous heart-surgeons, and billionaires. The only way the government can give some people money is by first taking it from others. It does so by imposing confiscatory rates of taxation and by printing money. Why both activities leave you with less of your own money. Many intelligent and accomplished people who lack all wisdom have been predicting the end of work since 1801; tech advances will put millions out of work. Why they always have been wrong and always will be wrong.  

Learn more about your ad choices. Visit megaphone.fm/adchoices