MP3 audio from "Meet the Press," June 22, 1975, courtesy of the Mises Institute via NewsAlert, with the Nobel laureate Friedrich Von Hayek talking about inflation.
Notice how Hobart Rowan (1:45) attacks Hayek's "theories" as "unrealistic," and pushes the Keynesian nostrum of a necessary tradeoff between inflation and unemployment -- despite the fact that the U.S. economy was then staggering into the morass of "stagflation," which rather emphatically invalidated the Keynesian theory.
Thanks to Joe Biden’s Title IX Proclamation Transgenderism is now the
official religion of the United States
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The political left inhabits an alternate universe, one where the most basic
scientific truths are looked at with disdain. Knowledge, facts, and logic
do n...
3 hours ago
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