4.8 • 3.3K Ratings
🗓️ 31 July 2017
⏱️ 47 minutes
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Whether it's "monopoly," child labor, the Depression of 1920-21, the New Deal, or World War II's impact on the economy, our views and interpretations run counter to the conventional wisdom. Here's a defense of our position. I delivered these remarks at the 2017 Mises University program.
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0:00.0 | The Tom Woods Show, episode 964. |
0:03.4 | Prepare to set fire to the index card of allowable opinion. |
0:08.2 | Your daily dose of liberty education starts here, the Tom Woods Show. |
0:14.4 | Folks, if you're like me, you were a victim of educational malpractice when you were in school. |
0:20.4 | Well, learn the history and economics they |
0:22.5 | didn't teach you at my Liberty Classroom.com. And save yourself some smackers by checking out my |
0:29.1 | coupon page, libertyclassroom.com slash coupons. Hey, everybody, Tom Woods here. I'm back from the Meesa's |
0:37.2 | university program, and I'm just trying to get myself situated and |
0:40.9 | back in a routine. |
0:42.3 | So for today's episode, I'm sharing with you another of the talks I delivered last week. |
0:47.9 | And this one I called Austrian Economics versus Conventional Wisdom, which left me open |
0:53.5 | to discuss a variety of topics, which |
0:55.4 | indeed I do with special emphasis on business cycle topics. And I think in particular on the |
1:03.3 | depression of 1920 to 21, where there are a few refinements to be made to the argument. |
1:08.9 | But a whole bunch of topics covered here, some of which |
1:11.2 | you've no doubt heard on the show before, maybe not discussed in precisely this way. But here you |
1:17.1 | have it, 45 minutes of fun and goodness coming your way, starting right now. This topic, of course, |
1:24.9 | could go on forever, of the Austrian school versus the conventional wisdom. |
1:28.4 | That's why I came up with it. |
1:29.9 | I thought I could repeat this every year with new material. |
1:33.0 | So I've chosen a number of topics to hit some briefly, some more in depth. |
1:40.1 | But so that I can get to the most material, I actually prepared a, I do this a lot. |
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