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This presentation, A Brief History of Economic Crisis in the United States, was part of the Free Enterprise Institute’s Founders’ Day Breakfast, November 2011.

Brian Domitrovic economic crisis

Brian Domitrovic

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2 replies to this post
  1. This is the most bizarre re-write of history I have ever seen. I am not talking about matters of interpretation, but of matters of simple fact. For example, he begins with the fantasy of stable prices in the 19th century. What?!?

    Here is what prices under the gold standard looked like: http://www.dshort.com/articles/2010/recessions-inflation-gold-standard.html

    In point of fact, the last 70 years have been the most stable and prosperous in our economic history. The truth is that capitalism is not something opposed to statism, but something dependent on it. Indeed, they are just two names for the same thing.

  2. "This is the most bizarre re-write of history I have ever seen." One would think Galileo would top Brian's assertion. Most assuredly, the rewriting of Spanish exploration, which in one text, does not even mention the altars of bloody horrible sacrifice the men encountered. Wow Brian. You topped them!

    Medailles first line reminds me of a rad-trad movement in the Catholic Church—where hyper-intensity and a twist of pharisee-like conceit is their modus operandi.

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