Co-founder of ACC Hunter Lewis: “Keynesianism is crony capitalism, and crony capitalism is Keynesianism” (Video)
This video is from March of 2012 at the Mises Institute. In it Hunter explains why it is that the current economic regime is fundamentally corrupt and what to do about the situation.
He also explains in detail why it is that we use the term “crony capitalism” versus less precise alternatives.
I highly encourage you to listen to the entire speech if you have the time. It is a half hour well spent.
Source: http://www.againstcronycapitalism.org/2014/09/co-founder-of-acc-hunter-lewis-keynesianism-is-crony-capitalism-and-crony-capitalism-is-keynesianism-video/
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