Now that we’re living through the bust, on the other hand, many people are listening. That’s why it’s so important for economists of the Austrian School to redouble their efforts, whether in terms of writing, public speaking, media,…
July 15th, 2009 | Thomas E. Woods, Jr. | 0 comments | ContinuedArchive for Thomas E. Woods, Jr.
Thomas E. Woods, Jr., is a New York Times bestselling author of nine books, and a senior fellow at the Ludwig von Mises Institute. He holds a bachelor's degree from Harvard and his master's, M.Phil., and Ph.D. from Columbia University.
Obama Insists That Not Only Can We Detect Bubbles We Can Also Deflate Them
For instance, check out this headline from a piece from several days ago on Politico: “Obama Would Regulate New ‘Bubbles.’”
Yes, you read that right. “Bubbles” just occur spontaneously. They have no cause or explanation. We need government to identify and destroy them.
Government Intervention for Economy Makes Things Worse
In the wake of this change of heart on the part of our leaders, Americans found themselves bombarded with a predictable and relentless refrain: the free market economy has failed.
May 6th, 2009 | Thomas E. Woods, Jr. | 2 comments | Continued