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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There is little reason why the government should not also play some role, or even take the initiative, in such as areas as social insurance and education, and temporarily subsidize certain experimental developments. — F. A. Hayek

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