"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
No More New Deals, No More World Wars
Scott Horton interviews Bob Higgs for Antiwar Radio. They discuss ?regime uncertainty,? the 1921 depression, the 20's Fed bubble, regime certainty in the 1940s, the Cold-War buildup, the empire's winners and losers, international trade, the financial crisis, bogus economic models, cartelized ratings, inflation and war, our current prospects, the empire's prospects, the threats of nationalization and price inflation, and the folly of government regulation.
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