Ep. 667 Mises and Hayek Caused the Financial Crisis, and the Rest of the World’s Problems, Too

Published: May 25, 2016, 3:06 a.m.

The left-wing George Monbiot of The Guardian says the financial crisis was caused by “neoliberalism,” a term Mises and Hayek never used, but a category into which Monbiot places them. He then says pretty much all our problems have been caused by “neoliberalism.” It’s a smorgasbord of stupidity, but (or should I say “so”?) it went viral.