{
 "rec_id": "media-economic-policy-how-does-intervention-cause-problems",
 "course": "economic-policy",
 "title": "How does intervention cause problems?",
 "speaker": "Murray N. Rothbard",
 "source_file": "media/Economic Policy/How does intervention cause problems_ Murray N Rothbard.mp3",
 "model": "medium",
 "language": "en",
 "language_probability": 1,
 "duration_s": 39.7,
 "generated": "2026-08-04T06:18:06Z",
 "generator": "scripts/transcribe_lectures.py (faster-whisper)",
 "machine_generated": true,
 "warnings": [],
 "text": "Interventionism tends to be cumulative, as we see all the time. In other words, interventionism, the government sets out to solve a problem. Somebody goes to the government and says it's a big problem. Too many people over 60 have hangnails. Let's say they have a big hangnail gap. So you need a multi-billion dollar hangnail solving federal funding. So the government then investigates hangnails towards billions of dollars, doesn't solve a hangnail problem. It creates other problems at the same time. Whatever. I mean, too many side effects and anti-hangnail drugs or whatever it is. So we wind up, so every time the government intervenes, it doesn't solve the original problem and creates two or three more problems, at which the government can say, well, we have to have more intervention to solve the two or three others, or they can just forget the whole thing.",
 "segments": [
  {
   "start": 0.0,
   "end": 6.0,
   "text": "Interventionism tends to be cumulative, as we see all the time. In other words, interventionism, the government sets out to solve a problem.",
   "logprob": -0.17
  },
  {
   "start": 6.0,
   "end": 12.0,
   "text": "Somebody goes to the government and says it's a big problem. Too many people over 60 have hangnails. Let's say they have a big hangnail gap.",
   "logprob": -0.17
  },
  {
   "start": 12.0,
   "end": 22.0,
   "text": "So you need a multi-billion dollar hangnail solving federal funding. So the government then investigates hangnails towards billions of dollars, doesn't solve a hangnail problem.",
   "logprob": -0.17
  },
  {
   "start": 22.0,
   "end": 28.0,
   "text": "It creates other problems at the same time. Whatever. I mean, too many side effects and anti-hangnail drugs or whatever it is.",
   "logprob": -0.17
  },
  {
   "start": 28.0,
   "end": 39.0,
   "text": "So we wind up, so every time the government intervenes, it doesn't solve the original problem and creates two or three more problems, at which the government can say, well, we have to have more intervention to solve the two or three others, or they can just forget the whole thing.",
   "logprob": -0.24
  }
 ]
}
