0:32 - Famous contemporary astrophysicist Neil deGrasse Tyson claims that government is necessary for space exploration, because private investors need more knowledge of the benefits and risks before they'll be willing to embark on a new frontier. In his own words, "Private enterprise, in the history of civilization, has never led large, expensive, dangerous projects with unknown risks... because when you combine all these factors, you cannot create a capital market valuation of that activity." He goes on to cite various past explorations led by governments that were later followed by businessmen who merely capitalized on opportunities already discovered. I know that free market advocates need not have all the answers to how things would go in a free society, but where do you think his analysis about the necessity of government goes wrong? How might you suppose dangerous explorations would be carried out without government, when there is no observable economic incentive to do so? 13:20 - What is Stefan's opinion on the relation of protection of property rights and economic development/growth? According to many economists, a well-defined and strongly protected property rights are the key to economic development. 21:30 - In a stateless society, how do you see the reasonably probable incentive to monopolize the market, or in other words, incentive to secure access to maximum amount of target resources and market share available in order to protect future profits and accumulation of wealth, not to effect negatively on the overall freedom of individuals on a certain geographical territory with the passage of time? What is the discouragement for a certain group of individuals to privatize resources, from water, minerals to arable land, secure them with private security forces, and bully diminishing, financially weak and dispersed smaller actors in the market into disappearing. Is it reasonable to expect from consumers to punish such behavior, if the growing soon-to-be-monopolist is offering the best price for a certain product, has the best access to resources necessary to produce that specific product, and has the finances to pay for the best regulations-free market? Freedomain Radio is 100% funded by viewers like you. Please support the show by signing up for a monthly subscription or making a one time donation at: http://www.fdrurl.com/donate Bitcoin Address: 1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs Litecoin Address: LL76SbNek3dT8bv2APZNhWgNv3nHEzAgKT Get more from Stefan Molyneux and Freedomain Radio including books, podcasts and other info at: http://www.freedomainradio.com Amazon US Affiliate Link: www.fdrurl.com/AmazonUS Amazon Canada Affiliate Link: www.fdrurl.com/AmazonCanada Amazon UK Affiliate Link: www.fdrurl.com/AmazonUK Freedomain Radio Fac ... https://www.youtube.com/watch?v=UEGpuQIPVt8

7 February 2024 Wednesday Night Live! "You can't compare bosses and husbands, because at work you get paid for your work and you get work experience that helps you get another job if you get fired. With husbands youre working a full time job and getting no money for your own savings and no work experence in case your husband gets bored and leaves" Join the PREMIUM philosophy community on the web for free! Get my new series on the Truth About the French Revolution, access to the audiobook for my new book 'Peaceful Parenting,' StefBOT-AI, private livestreams, premium call in shows, the 22 Part History of Philosophers series and more! See you soon! https://freedomain.locals.com/support/promo/UPB2022