80 Years Later: Parallels Between 1929 and 2009 | Walter Block

Presented by Walter Block at "The Great Depression: What We Can Learn From It Today," the Mises Circle in Colorado; sponsored by Limited Government Forum of Colorado Springs and hosted by the Ludwig von Mises Institute. Recorded Saturday, 4 April 2009.

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  News & Politics

[Ian Ballard]

Walter is such a happy guy. Amazing how he can speak about such grim things, and still sound hopeful.

It gives ME hope that free-markets are the answer and are worth fighting for!

Go, Professor Block!!

[Stussy88776655]

Fannie, Freddie, the CRA and the Fed pumping out fiat money at almost zero cost and governments running record deficits were unregulated and unrestrained free market economics eh?

I think not

[adamkajones]

You must be joking.

[MrGrampaMike]

Hasnt big business already bought government? The housing bubble came about by the Democrat idea that everyone should own a home, which is false. Republicans went along with it because their bank masters made huge profits off the loans, with no risk to their capitol. perfect recipe for a fail.

[NicosMind]

Yeah like the Myth the war was great for the economy, or the Myth that Hoover was a do nothing president. Ive bought Hoover Memoirs Gread Depression years cause of Mises. And he more than confirms everything Mises followers have been saying. If you want a direct source with ample material i suggest you search it out. You can get a new print from AbeBooks :)

[FishboneMash]

Their job is to tell the truth, as opposed to most other professors. Imagine being a keynesian lecturer having to respond to questions from students who are starting to see beyond that flashy surface; defending such lies has to wear you down over time.

[jasonpp11]

Depressed Depression

[NicosMind]

Is it just me or do a lot of the Professors, Doctors etc at Mises seem really cool and great to hang out with? Like such positive people, and plenty of humor with them as well :)

[RNTcomeback]

What makes you think the state has your interests at heart? You want government far away from those big businesses. The big businesses can't really eff you over until they get the government backing. And any unrestrained market is one that has the government backing it up. Research how the housing bubble came about. Your statement shows your lack of clarity.

[samuils]

If Ron Paul would have won, Fed reserve would still be here, so please dont make a messiah out of him, he would still have to deal with fed reserve supporters. Same as Regan had to deal with liberals.

[chefshitpiece]

Whao! Somebody call the DISENGENOUS Task Force! We got a live one here!!

I get my shit off Stats-Can web site, bcuz I am Canadian.

Dont bite the apple, Uzzie!

[Uruz2012]

$329K? Where are you buying houses? My wife and I got a triplex in northern MN for $160K (in 2009).... Or you could build a Tumbleweed (google it) home for under $30K... Make sure to compare apples with apples. Look at the size of a home in 1972 vs the size of a home today. Also, look at the appliances, fixtures and finishes that people put into their homes now vs then. And please stop quoting prices from the peak of the artificially stimulated housing boom, it's very disingenuous.