Lawrence Reed: Voluntaryist, Author, and President of Foundation for Economic Education

Please enjoy my recent conversation with Lawrence Reed. Herein we discussed how he became a Voluntaryist, his book “Excuse Me, Professor”, WW II lifted us out of the Great Depression fallacy, “government” is a tick, myths of Upton Sinclair’s “The Jungle”, useless child labor laws, basic definition of terms, what is Capitalism, “government” causes most problems, truth about FDR’s New Deal, Great Depression history, Agricultural Adjustment Act, Wagner Act, FDR Executive Orders, Gold Nationalization, The Federal Reserve failures, natural vs. coercive currency, gold/silver, Green Bean Federal Committee, inflation is theft of purchasing power, one gold coin global currency, Creature from Jekyll Island, the law of diminishing marginal utility, Austrian Economics, Socialism, free markets increase wealth, robber barons myth, John D. Rockefeller and more!

 

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

Friedrich August von Hayek

 

 

 

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