Trend Following With Michael Covel

My guests today are Alex Tabarrok and David Nott. Tabarrok is the co-author of the Marginal Revolution website. He's an economist at Covel's alma mater, George Mason University.  Nott is the president of The Reason Foundation–an organization that is all about free minds and free markets.  The topic is libertarianism. In this episode of Trend Following Radio we discuss: Covel and Tabarrok discuss China and the importance of teaching Chinese to American children; the greatest anti-poverty program in the world; the difficulty of improving the infrastructure of the United States; regulation and innovation; interest groups; benevolent dictators; the need for a democracy in an information age; innovation in the current American education system; why the American education system is focused on getting you to work for the man; women in the American education system; innovation, intellectual property and patents; the cumulative properties of innovation; grounds for optimism in the United States when it comes to innov