First Bob explains his contest involving Adventures in Pacifism--winner gets 100 smackers. Then he explains the incredibly powerful, and surprisingly Austrian, result by which Kenneth Arrow showed it was impossible to coherently aggregate individual preferences into a social ranking.

Mentioned in the Episode and Other Links of Interest:

• The blog post explaining the rules for the contest, Adventures in Pacifism: Louie CK Edition.
• Bob's link for those interested in joining Liberty Classroom. (If you use this link, the site will remember who sent you if you end up joining.)
• Bob's mises.org's article explaining Arrow's Theorem in the context of the 2020 election.
• The Bob Murphy Show ep. 7, explaining Godel's Incompleteness Theorems.
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.