Robert Murphy, author of the blog Free Advice and ConsultingByRPM.com, as well as The Politically Incorrect Guide to Capitalism, discusses the financial crisis, Credit Default Swaps, the manipulation of modeling systems, the Austrian school economists’ predictions of the housing bubble’s burst, the myth of our ‘free-market,’ why artificial booms lead to busts, the danger of price controls and the case against monetarist economics.
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