THE GREAT BANK HEIST OF 2008 — DAVID STOCKMAN EXPLAINS IT ALL FOR YOU

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Highly recommended.

Russ Roberts — Punching Back Twice as Hard

Russ Robert pushes back against Barack Obama and the leftist attack on market theory in an outstanding podcast explaining the foundations of the 2000-2010 boom & bust cycle.  Roberts identifies government sponsored creditor bailouts as the central ultimate cause of the current boom and bust cycle, including within this cause the famed Greenspan Put — . . . → Read More: Russ Roberts — Punching Back Twice as Hard

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It is not so well known that it [Keynes's and my own Hayek-inspired move from thinking in terms of price-levels and the rate of interest to thinking in terms of inputs and outputs] is matched by a movement from Hayek to Harrod. I once asked Harrod what had put him on to the construction of his so-call ‘dynamic’ theory; he said, to my surprise, that it was thinking about Hayek. — John Hicks

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