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October 24, 2009

Is capitalism the cause or the solution to the financial crisis?

Victor Joecks

A great video, featuring Thomas E. Woods, Jr. of the Ludwig von Mises Institute, and Steve Forbes, the President and CEO of Forbes Magazine.

A great defense of capitalism and a good reminder that contrary to popular opinion, government, not the free market, caused the housing bubble and the financial crisis.

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Victor Joecks

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