For those LRC readers who might not be aware of this, Michael Mussa* (the man that Peter is debating in this video) is with the Peterson Institute for International Economics.

“Peterson” as in Peter G. Peterson–a former chairman of the Council on Foreign Relations and a former chairman of the New York Federal Reserve Bank.

Here are a few of the folks on the Board of the Institute. Perhaps you might recognize some of their names:

David Rockefeller
Lynn Forester de Rothschild
Paul A. Volcker
Alan Greenspan (Honorary Director)

Not that there’s anything in this to be suspicious of in Mr. Mussa’s “expert” take on the current “free market”-caused economic crisis.
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*Wasn’t it “refreshing,” by the way, how Mr. Mussa thinks that one of the “great” things that Reagan did to “stimulate” the economy was increasing military spending?