Ep. 1561 Bogus History Makes for Disastrous Policy: 2008 Edition

The Tom Woods Show

Tom Woods

Politics, Government, News

4.8 • 3.4K Ratings

🗓️ 31 December 2019

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hayek said that if we misunderstand history and draw the wrong lessons from it, we will make the wrong decisions in the present. This is why even now, over a decade later, it is still essential that we understand and communicate the true causes of the crisis of 2008. In this episode I talk to Jimmy Morrison, with whom I share a writing credit on the new documentary The Housing Bubble. The story behind it is almost as interesting as the crisis itself.

Transcript

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0:00.0	The Tom Woods Show, Episode 1561.
0:03.5	Prepare to set fire to the index card of allowable opinion.
0:08.0	Your daily dose of liberty education starts here.
0:11.6	The Tom Woods Show.
0:14.6	Get ready for Contra Crews 2020.
0:17.1	This is the fifth crew's economist Bob Murphy and I
0:20.0	have hosted together and it is always a blast.
0:23.3	And this year will be no different.
0:25.4	Scott Horton and Dave Smith are joining us as special guests.
0:29.4	Can you imagine spending a week having a blast with these guys on board
0:33.6	a beautiful ship with a bunch of like-minded folks?
0:36.3	It's going to be fantastic.
0:37.7	Check it out at ContraCruise.com.
0:41.0	Everybody Tom Woods here delighted to welcome you to the second to last
0:44.3	episode of 2019.
0:46.1	We are going to squeeze one more out before the year comes to an official end.
0:51.5	And then we'll resume as usual on Monday, January 6th of 2020.
0:57.2	And I am trying to line up another one of these weeks where I feature
1:00.9	one particular person for the entire week, all five episodes.
1:04.4	I have a couple people in mind.
1:06.0	The question is, can I rope them into doing it during this week when
1:10.1	basically nobody's at work?
	...

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