Economic Cycles Before the Fed by Thomas E Woods, Jr.Submitted by ACinMA on Sun, 08/28/2011 - 17:00
Archived from the live Mises.tv broadcast, this talk by Tom Woods was presented at the 2011 Mises University in Auburn, Alabama. Includes an introduction by Mark Thornton.
Via TomWoods.com: If you’re looking for my usual jokes and banter, this one doesn’t have them. I delivered it during the Mises Institute’s week-long Mises University summer program for students. But it replies to a common objection often raised against those of us who would abolish the Federal Reserve: weren’t there economic downturns before the creation of the Fed?