About this videoEconomic liberals that adhere to the Austrian School have long criticized government intervention. In this conference, Jerry L. Jordan analyzes the current economic crisis from a liberal point of view. He talks about the real estate bubble in the United States and explains that the current crisis is not the same as previous economic recessions due to the complexity of the many elements that influenced it. He also observes that artificial economic stimulus cannot resolve the situation. Finally, Jordan describes how the confluence of government ambition, corruption, and private sector irresponsibility turned a housing bubble into a global economic crisis. |
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CreditsExploring Austrian Economics and Monetary Theory
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