From ancient times to the present, politicians, bureaucrats, and interest groups have gained resources and control over the public by playing to peoples fears of various crises and by offering solutions that often only make problems worse.
Lecture presented by Robert Higgs at the Ludwig von Mises Institute's 25th Anniversary Celebration in New York City; 12-13 October 2007. This celebratory event discusses the legacy of Ludwig von Mises, his students such as Murray Rothbard, and the movement Mises inspired. http://mises.org
Americas most provocative humorist, P. J. ORourke, has read pioneering economist Adam Smiths The Wealth of Nations, first published in 1776, so we dont have toand the results are as entertaining as they are enlightening.