The Tom Woods Show, episode 435.

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Enter for free at tomwoods.com slash gold.

Prepare to set fire to the index card of allowable opinion.

Your daily dose of liberty education starts here, the Tom Woods show.

Welcome everybody, it's Tom Woods, and today we are talking about the Great Recession

and why the recovery has been so sluggish.

And our guest today is Wolf von Laar, who is a political economy PhD student at King's College London,

although currently residing in Stockholm.

He is the chairman for European Students for Liberty. He's the author of a book in German

on the problems of central banking and free banking as an alternative. You can, I'm pretty sure,

check that out at his website, which is wolf von lair.com, W-O-L-F-V-O-N-L-A-E-R.com. We will link to that on today's show notes page,

tomwoods.com slash 435. Wolf, welcome to the show. Thank you so much for having me, Tom.

I've been checking up on what people have been up to, people I got to know at the Mises

Institute through the Summer Fellows Program,

and you're one of those people, and I see you on Facebook, and so I thought, let's check in,

see what old Wolf is up to, and I saw that you had co-authored a paper that we're hoping

is on the verge of publication on the subject of regime uncertainty and the most

recent economic downturns. I thought perfect, absolutely perfect for the show. So I've been

going back. I've had David Houdin on. I've had Philip Bagas on. I've had Carmen Dorobot.

...