Finally, Tom Keene, who runs a great show, includes an Austrian view on “Bloomberg on the Economy.” May he host many more such guests.
Gerald O’Driscoll, a senior fellow at the Cato Institute and former vice president of the Dallas Federal Reserve, talks to Bloomberg’s Tom Keene about fiscal discipline and the U.S. government’s response to the financial crisis, the gold standard, Austrian economics and economist Friedrich Hayek, and President-elect Barack Obama’s economic team.
Steve Hanke, professor of applied economics at Johns Hopkins University, talks with Bloomberg’s Tom Keene about “panic mode.” Get ready for the “jump.”
Dr. Robert Murphy addresses the cause of the financial meltdown with a focus on the Austrian theory of the business cycle and its critics, via mises.org
Via Bloomberg 4 Aug ‘08: David Kotok, chief investment officer at Cumberland Advisors Inc., talks with Bloomberg’s Tom Keene about the U.S. economy and financial markets, Federal Reserve monetary policy and the U.S. budget deficit:
“We are going through one of the most dramatic historic changes that we’ve seen. There will be textbooks written about it for the next 30 years… We have nationalized the federal housing agencies in a de facto way; we might as well ought to make it de jure… We are socializing financial markets. Major change. New construction. Something we all went to school and talked about as not acceptable in this bastion of capitalism, and it is now underway; we are watching it unfold every day. The problem is most of the country doesn’t even know it’s going on…”
Damn! Damn! Damn! Listen to the whole segment, and subscribe to the podcast here.
The Alan Parsons Project “Games People Play”
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