Tuesday, November 04, 2008

Doug French; Bubbles made of money, then and now - free audio at Mises.org

Quotes and comments

1. This is a great commentary on current economic delusions in the U.S. (or should that be the u.s.)?
2. A lot of the lecture concerns John Law. (Father of fiat, paper money banking.)
- there's a great book on John Law; I read it but can't remember the title.
3. After getting a big inheritance, Law lived it up, got addicted to gambling... etc.
- killed a man in a duel
- spent 14 years gambling his way across Europe...
4. An entertaining, humorous lecture.


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