"With regard to the doctrine that God is wholly other than man and that his essence and nature cannot be grasped by mortal man, the natural sciences and a philosophy derived from them have nothing to say."
By flooding the market with cheap credit, Alan Greenspan pushed interest rates (including mortgage rates) down to artificially low levels. This caused the bubble in house prices and misallocated too many real resources to the housing sector.
The Mises Institute exists to set the record straight. Economics shouldn’t be left to “experts” with Ivy League degrees serving in government agencies. It exposes the schemes of ambitious politicians and would-be tyrants everywhere.