About this videoThe United States real estate bubble has taken an enormous toll on different industries inside and outside the country. In this conference, Jerry L. Jordan explains some of the causes of the current global economic crisis from a different perspective. He describes how the mixture of government intervention and private banking irresponsibility brought about an economic disaster attributable to unintended failures and ambition. According to Jordan, the current crisis is unlike previous ones and much work will be needed to prevent the economy from being drowned once again. |
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CreditsHayekian Economic Infrastructure as a Foundation for Sustained Prosperity
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