The "Old Lady" Hasn't a Clue

The “Old Lady” Hasn’t a Clue

Tags: Fiscal Theory, Global Economy, World History

04/27/2011 Patrick Barron

A recorded mini lecture and video display purported to explain this mysterious phenomenon (mysterious to the Old Lady of Threadneedle Street, anyway). I knew that I was going to hear either a self-critical explanation or, more likely, some hogwash. Hogwash won, hands down, writes Patrick Barron.

This audio Mises Daily is narrated by Nathaniel Foote.

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