Thomas E. Woods, Jr., is the New York Times bestselling author of 11 books, including The Politically Incorrect Guide to American History and Meltdown (on the financial crisis.) A senior fellow of the Ludwig von Mises Institute, Woods has appeared on MSNBC, CNBC, FOX News, FOX Business, C-SPAN, Bloomberg Television, and hundreds of radio programs... (Read More)
A reader writes:
I am a senior at the University of [X]. I am studying political science, and I am enrolled in a class titled “Money and Politics.” One of our assignments is to write a 3-5 page paper on a subject related to the class. The caveat: our professor tells us to stop worshiping at the “altar of the market,” calls Bernanke and Krugman smart and accurate economists, and is a statist plain and simple. I want to write about how the Fed perpetuated the housing bubble in the 2000′s with damning evidence that Krugman and Bernanke are both part of the problem. Do you think I should potentially sacrifice my grade by staying true to my convictions in this paper, or should I suck up my pride and try to please my professor by writing a paper that would agree with his ideas?