Libertarian Band suddenly delighted us with a bonus New Year’s video, in which they examine the question mentioned in the title. Someone in the team is clearly a fan of Bazhenov, because the analysis is conducted from the perspective of economic mainstream. Thus, most of the video consists of discussions on how profitable holidays are for the state economy, which has a very indirect relation to ancap. However, in any case, such a video is clearly better than my dismal year-end review yesterday, and the conclusions drawn in the video are quite correct.

Happy New Year, if you so desire!