any article that cites the Austrians and Ludwig Von Mises gets my attention. Author presents a very understandable explanation of the past and how we are repeating the mistakes of the 30’s.
Those who do not understand the past are destined to repeat it. Sadly, we seem to have the most historically ignorant POTUS in my lifetime inhabiting the White House right now.
Good piece. Massive government intervention in the economy is always and everywhere a disaster.
The current depression may outlast the depth and length of old one—because our leaders insist on being “dumb and dumber”—and believing their own lies.
I wouldn’t even start thinking about the word “recovery” a day before 2020—and then it will be have to be a new round of major technological breakthroughs to overwhelm the brain-dead government policies.