Ep. 1561 Bogus History Makes for Disastrous Policy: 2008 Edition

Hayek said that if we misunderstand history and draw the wrong lessons from it, we will make the wrong decisions in the present. This is why even now, over a decade later, it is still essential that we understand and communicate the true causes of the crisis of 2008. In this episode I talk to Jimmy Morrison, with whom I share a writing credit on the new documentary The Housing Bubble. The story behind it is almost as interesting as the crisis itself.