Bank Failures in a Keynesian World

Presented by Douglas E. French during “The Failure of the Keynesian State,” the Mises Circle in Houston, sponsored by Jeremy S. Davis. Recorded Saturday, twenty-three Jan 2010. Includes the acquire as well as rudimentary remarks.

13 Comments Post a Comment
  1. TrueEmergence says:

    Thank you!

  2. Powdermonkey99 says:

    He starts his speech at the 8:30 mark

  3. fearnoevilexceptbush says:

    Thank you very much! I was already wandering…

  4. karkelkhan says:

    Good to know that libertarianism and the Austrian school is rapidly growing!

  5. JimGraham1973 says:

    Thanks for posting these Mises events for those of us that are not able to attend. Austrian economics will be the central mindset for my children! Keynesian economics is finished

  6. Individualism101 says:

    It’d be a pretty poor reflection if at the brink of complete destruction there weren’t a few humans that looked back over their shoulders…

    If you think about it, the need to abolish governments is increasingly dire. Yeah ok they had nukes last century, which were perpetually mismanaged, and little harm done. But this century they’ve got nano technology and biological weapons.

    A bioweapons program run like a public school is going to result in a series of genetically engineered plagues…

  7. robertcgage says:

    @Powdermonkey99 – Thanks, I don’t have a fast connection and downloading 8 1/2 min. of inductions isn’t productive in my case. O^O

  8. Xasew says:

    The last speech by Doug was “Bank Failures: Then and Now” and this one is “Failure in a Keynesian World”. So they mixed the two together and now the name is all wrong.

    Not that it matters. Great stuff!

  9. Hashishin13 says:

    Kinda funny you used the word “Sedate” considering how many sedatives Rush is on. :P

    Imagine Rush without a heinous amount of opiates running through his veins, he would explode!

  10. Wormtail81 says:

    He’s like a more sedate, Libertarian Rush Limbaugh.

  11. seestuff09 says:

    texas doing it BIG. lol

  12. Koolnumber9 says:

    I like the comment, You cure a alcoholic with heroin. HUGE!!!

  13. Panpiper says:

    Wonderful summation:

    “Keynesians see depressions as a lack of aggregate demand, whereas Austrians know it is the required cleansing of the mal-investments that were created by the preceding boom of the government’s making.”

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