Mises Daily
Author:
David Stockman
Online Publish Date:
[The 2011 Henry Hazlitt Memorial Lecture, given on March 12 at the Austrian Scholar’s Conference. An MP3 audio file of that lecture is available for download .] David Stockman The triumph of crony capitalism occurred on October 3rd, 2008. The event was the enactment of TARP — the single greatest economic-policy abomination since the 1930s, or