Government's Response to the Crisis: A Fantastic Success, for Government | Robert Higgs

Presented by Bob Higgs at the 2010 Mises Institute Supporters Summit: "The Economic Recovery: Washington's Big Lie." Recorded in Auburn, Alabama; 9 October 2010.

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[kmg501]

Wow!, fantastic points. Specifically how the government is getting EXACTLY what it wants.

I'm very impressed with Bob Higgs.

[croemar]

thank you for the great work you do at the Mises Institute, and for sharing with us

[Hivento]

@Dragdamar mercantilism 

[Dragdamar]

@WNDC I condensation in your present.

[Dragdamar]

@buzongtang Regulation is part of the market. If a company produced shoddy good, the consumer doesn't buy said good. As it stands right now only the Government sanctioned producers get to market their goods and those good s are protected from public sanction because there is no other choice of said goods. Monopolies are evil, especially when they are enforced by the Government.

To much kool-aid.

[saildo]

@buzongtang

What? what "Chilean example" ??? Wealth in Chile is following Adam Smith's pie very nicely, thank you.

Have you seen the changes in Santiago cityscape in the last 20 years years? In the last 5?. Every time I visit, I stunned by the explosive growth. In the valley, the city has gone up and up, then the suburbs with their pretty homes and lawns have spilled over the walls of the hills and continue to extend. The infrastructure continues to evolve throughout the nation. awesome!

[buzongtang]

@buzongtang

I might also add that, while people are being so paranoid about government intervention in the economic and social lives of Americans, perhaps we should be more paranoid about the idea of a government that can't regulate, that doesn't regulate, and doesn't enforce regulatory standards. One need only look at the Chilean example to see that such libertarian pipe dreams benefit a few wealthy interests but that's about it.

And for the record, GMC is going private again. Too paranoid.

[buzongtang]

I mean, the essence of politics is in the decision of who gets what. And of course there is merit to the notion that government programs are successful only insofar as they meet the needs of some but not others, but that statement shouldn't be taken as discounting the value of robust government programs and spending.

As much as I hate those wolves on Wall Street who started the most recent crisis, for instance, the finance sector was on the verge of collapse and needed a big government rescue.

[WNDC]

@JEnnieWalsh - I smell therapy in your future. Don't forget to leave Santa Clause some cookies.

[hetube09]

now what you gona do with this infos?

power has the same pattern as gravity does...

you need to take back, what governs you. first to the state then to the local and into your community, in your home, in yourself. you are the boss and they are your servant...police, politicans, all are servants at your service, get it? do it and not demad it as a begger but as a boss which you are...inteligence is needed to drive the chose in action guided with faith.

[JennieWalsh]

Jesus said, “Ye have sold yourselves for naught; ye will be redeemed without money and without price". Pray that the victory of the children of God will be swift. Call forth the judgment of Almighty God that all the destructive creations and destructive actions of the Satanists, the international bankster gangsters, will be returned back upon them as quickly as possible to their own destruction. Please forward this message, this plea, for the judgment of the wicked on earth.

God is Victory!

[Paetaor]

@maskedphrogg That's the one. I have most of the .mp3s from Econtalk on my player.

My favorites are with Mike Munger,