Mises Daily
Author:
Mark Thornton
Online Publish Date:
Unhinged 2.0 This article originally ran on Tuesday, February 17, 2009. It was near the low of the last stock-market cycle and the economy had endured a year of unprecedented government interventions. The Federal Reserve had made a series of bailouts, Detroit had been bailed out, and we had the various stimulus programs. These measures were sure