Booms and Busts

Indeed, deplorable conditions existed, but one must not blame the factory owners, who did all they could to eradicate them.

Shows how Austrian economics is basis of Skyscraper Index, which has correctly predicted most economic and housing crises of 20th century.

Looks at causes of the 1929 crash and ensuing depression, with lessons for today. Recorded at Mises University 2010.

Recorded at Mises University 2010. Includes an introduction by Llewellyn H. Rockwell, Jr. 

Combine loose money with flawed financial theories and the creation of byzantine financial products, and ultimately modern financial alchemy "has a distinctly statist and paternalist tone, and one which, taken to its logical conclusion, implies the establishment of nothing less than a world government with the power to redistribute most of our income at will," explain the authors.

Tom Kowitz and Michele Gaudin of WGSO 990AM, New Orleans, interview Professor Walter Block, 17 July 2010.

In a free market, an unemployed man has always chosen unemployment over working in a place, at a time, in a way, or for a wage that he dislikes, wr

"The necessary result of the adoption of this empiricist epistemological and methodological model was that social scientists would always be behind the curve of any emerging social phenomenon."

The job applications pour in by the buckets, all padded with degrees and made to look as impressive as possible. It’s all just paper.

Instead of addressing the Depression though the proven expedient of private-bank-issued scrip, the Roosevelt administration's plan involved suspension of the gold standard, followed by devaluation and the abrogation of the gold clause, cartelization of the banks of the country, the National Recovery Act, the Wagner Act, the alphabet-soup agencies, Social Security, and the beginning of an ever-expanding government.