that is what friedrich hayek made the point* very well that it is a complex world of what is going onut is easy to say would have been worse if we had not don it. it is hard to prove that then it is a religion of both sides >> something i find offensive is we talk about austerity in the richest nations of the world and the largest governments the world has ever seen that when you talk about cutting 3 percent is austety. with the rest of the planet that means yourids and belly is crumbling because they are hungry a the culture of lling what we're doing austerity is propulsive when you think about it in the broader scope of the g global community and the people who reallyhave to figure ut what they will do next. jo: with the critics cl us as the austerity and it sounds like austrian economics which some of you know, about and i assume most don't know is there a connection? it is a play on words to make fun of the austrian economislike friedrich hayek that was skeptical of the keynesian prescrtion. it is a little jab. i wear it proudly. john: thank you. coming up, i will saul's our defic

that is what friedrich hayek made the point* very well that it is a complex world of what is going onsy to say would have been worse if we had not done it. it is hard to prove that then it is a religion of both sides. >> something i find offensive is we talk about austerity in the richest nations of the world and the largest governments the world has ever seen that when you talk about cutting 3 percent is austerity. with the rest of the planet that means your kids and belly is crumbling because they are hungry and the culture of calling what we're doing austerity is propulsive when you think about it in the broader scope of the global community and the people who really have to figure ut what they will do next. john: with the critics call us as the austerity and it sounds like austrian economics which some of you know, about and i assume most don't know is there a connection? it is a play on words to make fun of the austrian economist like friedrich hayek that was skeptical of the keynesian prescription. it is a little jab. i wear it proudly. john: thank you. coming up, i will saul's

at the same time i stumbled onto people like friedrich hayek and your honesty and george gilder and dozens and dozens of other anchors. i realized their explanations for how the economy works and how society works makes up our sense that sort of the velocity of the so-called progressive. it didn't work in the real world was proved to be unsatisfactory. so that is how i got started on it. not so much economics help me become a better business persons don't manage to say just give me a worldview that makes sense of a business is actually doing what i was doing as a business person. >> uganda, to exchange profit to create a businesses and help society from the beginning. what is conscious capitalism and how does it differ from plain old wonderful capitalist. first and understanding as we think business is good and creative good value, but it can be better, has greater potential than being realized. when you understand and look at the gallup poll, for example -- is big business in the united states has an approval rating of 19%. when you see him in congress is at 17%, which is about the same l