The first actual example he gives is a governmental failure, not a failure of economic knowledge. The government actually places caps on how much companies who deal in natural resources can be sued for, and also provides them with licenses TO pollute. If the gulf of mexico were privately owned, BP would have been sued to oblivion even more than they were. Secondly, what is he basing the need for "more regulation" on exactly? We've had continuous regulatory growth for at least 50 years now.
>What if a company does something that kills a bunch of people, but it can pay them off?
Is this guy retarded? How much does he think people are going to sell their life, their literal existence for?
>They just print the goddamn dollar bills
Libertarians don't support fiat currency
Additionally reports have been done showing that even if the 1% were taxed at 100% it wouldn't pay for single government programs, such as medicare, for more than 3 years. So no, there is not "enough money to go around", though I would argue there would be enough to go around if the government didn't drive the cost of medication up.
>On education
Even ignoring the fact that public schools teach children to be inept, they especially don't help people in poorer areas and that they're government indoctrination camps, why is it so bad that education should be privatized? Private schooling is doing wonders in poorer countries, and schools that have poorer results would naturally receive less customers. Even assuming we have public schooling, people who are poor and could not afford private schooling would be better off running around in the street or playing video games. Schooling in ghetto areas is fucking abysmal.
>The greater good
>Sacrificing the minority for the good of the many