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 may not be amiss to see in my calculations of comparative productivity [measuring centrally planned communist economies against entrepreneurial market economies] verification of a prescient forecast [made by F. A. Hayek in 1935]. — Abram Bergson
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