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David Beito, Research Fellow at the Independent Institute, discusses an episode in the 1930s in which many Americans initiated a series of strikes and revolts against rising property taxes.
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Independent Institute Senior Fellow Robert Higgs debates James Galbraith (Professor of Economics, University of Texas; son of infamous, “liberal”, Keynesian economist John Kenneth Galbraith) on Antiwar Radio regarding the folly of government bailouts for insolvent banks, creation of the Glass-Steagall Act as a means to prevent FDIC insured banks from taking excessive risks, benefits and detriments of public and private regulation and oversight, problems of regulatory capture and revolving door politics, divergent opinions on the causes of the Great Depression and efficacy of the New Deal and the arguments for and against government spending on public infrastructure.
Originally aired on 10/2/09 on Fox News’ “Freedom Watch.” Robert Higgs, Senior Fellow at the Independent Institute and author of Crisis and Leviathan, discusses President Hoover’s role in the Great Depression.
