This speech took place in 2009. Here, Walter Block defends greed, Laissez-faire Capitalism, speculation and attacks government spending, bailouts, regulations and the Keynesian explanations and theories as to why a recession hit. Block then tells the real reason as to why the recession has hit, The Austrian Business Cycle Theory. He goes over interest rates and how they are an extremely important indicator in the market. Listen in to listen to The Mises Adjunct Scholar explains in more detail below.
Government Bailouts: Picking Winners | Walter Block10:02 pm on April 17, 2014 Email Walter E. Block