Monetary Lessons from America's Past | Thomas E. Woods, Jr.
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Uploaded by misesmedia on Jan 28, 2009
Presented by Thomas E. Woods, Jr., at "Our Enemy, Inflation," the Mises Circle in Houston, sponsored by Jeremy S. Davis. Recorded Saturday, 24 January 2009.
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@hotman537 Well, I'm disatisfied with the way Woods has treated past economic downturns, simply attributing them to an any arbitrary government policy. Btw, he seems to base his opinion of modern economists on Krugman, who is a crank, but I agree it's not fair to tarnish them with the same brush.
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@TenTonHorse Well not only is this guy arrogant in his projection of his idea being better than all the others. He doesn't really KNOW, but goes off as his what he believes in is so SIMPLY FACT. watch aspect of the video, and question his rhetoric. At one point he claims that modern day economists know nothing of economics, whcih is pretty absurd and sensationalistic-ally manipulative
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@hotman537 I'm one of those free-marketeers who don't support a gold standard. Can I ask what you're reasons are?
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this has a lot of economic logic to it, but it's really manipulative. Also, going back to the gold standard is not the way to go, please take an actual economics class before listening to these speeches.
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Good old Austrian School "economists", proving time and again that they know nothing.
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Pdrumn:Free your mind from "common sense" stereotypes, black and white thinking promoted by our corporate owned media and bootlickers like the guy in this video and suddenly contradiction melt away.
You think I have dreads, piercings are ride a bike? You think I carry a joint in one hand and a flower in the other?
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Pdrum you are operating under invalid definitions. Monopoly and oligopoly are not "capitalism". Under said system, no market player can influence it's market, ideally. The further you stray from that ideal, the less efficient your economy. Governments, such as China's that are not afraid to level the playing field, enjoy the best growth. What you are calling capitalists are actually facists: business taking over governments which was the model under Hilter & Mussolini.
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You do realize that our government is bought, and paid for by those same CEO'S you don't trust. You do know this right? Do you eve know ten of the companies that received bailout money? Do you really know who is paying back that money? I can guarantee you it is not those companies who received said bailout money.
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@Pdrum2 Krugman still has a job, even with the NY Times' financial troubles. Arrogance pays well. :)
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@aaaabbbc4 There's a separate video called "Why you've never heard of the depression of 1920."
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"Hey, didn't you hear? I'm Paul Krugman--I don't need to read it!"
Hah. So funny.
MooseOfReason 2 years ago 23
History you're not going to ever get in a government school.
CurtHowland 3 years ago 20