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.
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Thank you!
He starts his speech at the 8:30 mark
Thank you very much! I was already wandering…
Good to know that libertarianism and the Austrian school is rapidly growing!
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
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…
@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
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!
Kinda funny you used the word “Sedate” considering how many sedatives Rush is on.
Imagine Rush without a heinous amount of opiates running through his veins, he would explode!
He’s like a more sedate, Libertarian Rush Limbaugh.
texas doing it BIG. lol
I like the comment, You cure a alcoholic with heroin. HUGE!!!
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.”