. >> noted libertarian law professor and economics fundamentalist richard epstein, the other voice in story. >> if it turns out that rich people hire poor people and both of them are better off in the exchange, you can start to call this a trickle down if you want. i would call it an overall social irovement whereby two people are made better offer and nobody else will be made worse off. >> but 80%, 90% of this country isn't any better off than it was 30 years ago. >> this is not a function of market behavior. it is a function of the regulatory apparatus which makes it impossible to have these mutual gains. >> so your argument is that the reason incomes have stagnated in this country over the last 30, 40 years is largely due to increased regulation. >> yes. you have to worry about family leave, you have to worry about anti-discrimination, explicit employment tax, have to worry about obamacare, about osha, and then throw on top of that a recession. it turns out that the reduced demand and the higher barriers to entry creates the unemployment level that we had. >> but to epstein perhaps

the many members of the building committee who worked so hard under the chairmanship of joe epstein and richard on the shoulder of giants i especially want to thank bill who's one million dollars will pledge pushed the building he never hesitated when gloria and i came to you thank you, thank you so much and thank you, everyone for your support on finishing line chair john. >> thank you mary i'm john farmer i have the honor of being vice chair of the board of governors on the commonwealth club and also the chair of the finish line committee what do that mean the finish line committee is charged with the fundraising effort to complete that beautiful building we currently have 16 plus million dollars of money committed to the project the total cost is $25 million so we've got another 8 one half million to raise mary gave us a firm foundation to bring this foundation to completion so we're 2/3rd's of what you there. i would say to thank our expanding campaign counselor shawn richards who is where it is shawn he's back here you want to hold up your hand he's the president of greg by the fundraising

the many members of the building committee who worked so hard under the chairmanship of joe epstein and richard on the shoulder of giants i especially want to thank bill who's one million dollars will pledge pushed the building he never hesitated when gloria and i came to you thank you, thank you so much and thank you, everyone for your support on finishing line chair john. >> thank you mary i'm john farmer i have the honor of being