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Hoover Dam: Worst Investment in History

Adamon2 Wrote: Sep 03, 2012 8:34 PM
"government interventions inevitably lead to unintended consequences, leading government to constantly intervene further" which makes it possible for the bureaucrats to perpetuate and expand their parasitic apparatus of exploitation.

Economics professor Bernard Malamud not once but twice invited the crowd in Las Vegas to visit nearby Hoover Dam to see for themselves an example of the productive assets that were created by Franklin Delano Roosevelt's (FDR) New Deal. Professor Malamud was recruited to plead the Keynesian side of the argument in an "FDR's Depression Policies: Good Deal or Raw Deal?" debate with the Foundation for Economic Education's (FEE) Lawrence Reed during FreedomFest.

I finished my masters degree from UNLV under the tutelage of Murray Rothbard but I started my coursework with a class or two from professor Malamud, who, while...

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