The Case for Optimism
![The Mises Circle in Costa Mesa, 2014](https://cdn.mises.org/styles/responsive_4_3_650w/s3/static-page/img/MisesCirlce_CostaMesa_20141108_750x516.jpg.webp?itok=EHVGZ7yG 650w,https://cdn.mises.org/styles/responsive_4_3_870w/s3/static-page/img/MisesCirlce_CostaMesa_20141108_750x516.jpg.webp?itok=kSfXvnyQ 870w,/s3/files/styles/responsive_4_3_1090w/s3/static-page/img/MisesCirlce_CostaMesa_20141108_750x516.jpg.webp?itok=EoIjkpfi 1090w,/s3/files/styles/responsive_4_3_1310w/s3/static-page/img/MisesCirlce_CostaMesa_20141108_750x516.jpg.webp?itok=bDBs1UEN 1310w,/s3/files/styles/responsive_4_3_1530w/s3/static-page/img/MisesCirlce_CostaMesa_20141108_750x516.jpg.webp?itok=WR0SkR6g 1530w)
The state seems more powerful than ever, but the state is both economically and intellectually unsustainable. We’re already witnessing a breakdown in the state’s legitimacy and power, and we should be optimistic about seeing more of this in the future.
Recorded at the Mises Circle in Costa Mesa, California, 8 November 2014.