The Tom Woods Show
Ep. 418 The Truth About One of Those Pre-Fed Depressions
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:28:34
- More information
Informações:
Synopsis
Patrick Newman discusses the depression of the 1870s, which is often cited as evidence of the economic instability of laissez-faire capitalism. It was nothing of the sort, says Newman, who uses Austrian business cycle theory to understand what really happened.