I haven't listened to this episode yet, but it's worth noting that Milton Friedman was advocating for this very position in the 1960s. Here's the relevant clip from Free to Choose:

https://youtu.be/82SG_EpCsVs?t=1524

And a 1968 clip from an interview with William Buckley Jr.:

https://www.youtube.com/watch?v=xtpgkX588nM