@moffintosh @moffintosh Hmm. Seems like there are a lot of leaps of faith. Like, where did the Billy Bob real estate monopoly come from?
Also, concerning Billy Bob's monopolistic lust for power, see pics related (from Machinery of Freedom by David Friedman, linked in this thread).
I think both MoF (from what I've read so far) and the video you linked have the same problem. They both use thought experiments rather than empirical evidence. Cc: @lain