In the last GOP debate, Rand Paul discussed the harm the Fed does to the ordinary person. As usual, the Left — you remember, the people who supposedly “question authority” — leaped to the defense of an longstanding institution. The prize for the most juvenile and uncomprehending analysis, though, goes to poor Timothy B. Lee of Vox. There is nothing left of Timothy by the end of this episode.
About the Guest
David Howden is chairman of the department of business and economics at the Madrid campus of St. Louis University. He is academic vice president of Mises Canada, editor of the journal Prices & Markets, and co-author of Deep Freeze: Iceland’s Economic Collapse.
Faculty Page
Article Discussed
“Rand Paul Says Low Interest Rates Have Harmed Poor People. They Haven’t,” by Timothy B. Lee
Books Mentioned
In Defense of Deflation, by Philipp Bagus
Meltdown, by Tom Woods
Related Episodes
Ep. 394 There Is Nothing to Fear About Deflation (Philipp Bagus)
Ep. 37 The Deflation “Threat”
Other Podcast
Enjoy the Tom Woods Show? You’ll love my once-a-week podcast with Bob Murphy, Contra Krugman!
Free Resources!
1) Free eBook on how to start your blog or website. Click here to get it. Plus, check out my step-by-step video taking you from no blog to a blog in about five minutes!
2) Free publicity for your blog. As a special thanks if you get your hosting through one of my affiliate links (this one for Bluehost, or this one for WP Engine), I’ll boost your blog. Click here for details.
3) Free audiobook. Get the audiobook version (with me reading it!) of my latest book, Real Dissent: A Libertarian Sets Fire to the Index Card of Allowable Opinion, or one of hundreds of thousands of other titles, through this special offer.
4) $140 in Free Bonuses. Free signed copy of my New York Times bestseller The Politically Incorrect Guide to American History, plus a free 10-lesson bonus course on the foundations of liberty, plus a free year’s subscription to LibertyClassroom.com, when you subscribe to the Ron Paul Curriculum site through RonPaulHomeschool.com.
