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The "Old Lady" Hasn't a Clue

  • Audio Mises Daily
April 27, 2011

Tags Global EconomyWorld HistoryFiscal Theory

A recorded mini lecture and video display purported to explain this mysterious phenomenon (mysterious to the Old Lady of Threadneedle Street, anyway). I knew that I was going to hear either a self-critical explanation or, more likely, some hogwash. Hogwash won, hands down, writes Patrick Barron.

This audio Mises Daily is narrated by Nathaniel Foote.

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