Dr. Block, could you please expound a bit on the effects of government interference in the labor market, and how it makes it more difficult for poor Americans today to work their way out of poverty, than it was for every wave of immigrants from Europe in the 1800s and early 1900s?

Hey Matt,

Could you ask him what the Austrian approach is to outsourcing and sweat shop labor in the third world. Outsourcing and sweatshop labor I have always found the austrian school to say little to nothing on and the articles I do read are far from satisfactory. 

In the short term large companies can afford to lose a quality worker more than the quality worker can afford to lose his job.  This creates an imbalance and so the surplus wealth created by the employment tends to go more to the employer than the employee.

This is further exacerbated by the fact that most people work for managers rather than directly for owners.  The manager doesn't have as much to lose in the long term by losing a good worker (he can move to another company before the long term damage of letting the good worker go is apparent) and this also depresses wages.

Thus eventually wages will fall to very low levels.  This is ok though because wage earners are presumably also capital owners, and so they are getting rich from the other side of the equation.

However it is clear that the majority of people are unable to retain capital.  This could be because of foolish spending habits, divorce, medical emergencies, etc...

What is the solution?  Is there a way to cause people to retain capital?

Suppose an airline company wanted to ensure that each flight contained the maximum number of passengers. One way that the airline company could do this is by slightly overbooking each flight, knowing that a few customers would miss their flight, change their flight plans at the last minute, etc. I wouldn't see a problem with this practice, as long as the customers were aware of the overbooking policy. Would you have a problem with this practice? Would you still have a problem with this practice, even if the customers knew about the overbooking policy? Isn't this scenario very similar to the practice of fractional reserve banking, which you consider fraudulent?

How do current government regulations affect the media, and how would the media be different without government (or small government).

Matt, I posted a link to this page on Reddit, and there are a couple people who asked their questions there, as opposed to here.  (One or two of them) may be interesting.

http://www.reddit.com/r/Libertarian/comments/bilck/submit_a_question_to_prolific_austrian_economist/

If the US dollar breaks down, for whatever the reason may be (hyperinflation or defaulting on debts), what implications do you foresee domestically and globally? 

Dr. Block, in one of your audio lecutres on Mises.org, I recall you saying you taught in Canada.  That no longer appears to be the case, but I'm curious about your experience there.  What did you love about Canada, as a Libertarian, and what did you hate?

Thank you.

Walter Block is coming to Indiana!!!  Anyone who is willing to help Indiana University Kokomo, Indiana University Bloomington, and Purdue host Walter Block please contact me.  geoedwar@gmail.com  

Matt, when's this interview coming out? I'm anxious now.