The Politically Incorrect Guide to American History

This weekly course was presented by Thomas E. Woods, Jr., in 2006-2007.Download the complete audio of this event (ZIP) here.

The Politically Incorrect Guide to American History is a general podcast hosted by Mises Institute, with 14 episodes on record and a Required Pod Score of 80. PitchCentric scores this show on Booking Probability, Listen Score, and live audience signals refreshed every 24 hours.

Mises Institute hosts The Politically Incorrect Guide to American History, a general show with 14 episodes published.

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• The Politically Incorrect Guide to American History

  14. Herbert Hoover and the Great Depression

  May 4, 2007—S0

  <p>Boom-busts were a feature of markets. Under consumption caused the depression. WWII ended the Great Depression. All three Keynesian beliefs were inaccurate. Only the Austrian Business Cycle Theory got it right.</p><p>Artificially lowered interest rates mislead investors. The Federal Reserve’s policy of cheap money creates mal-investments. The cause of boom-busts is this commercial credit expansion that is not backed by real pools of private savings.</p><p>Herbert Hoover’s policies prolonged the Great Depression. His agricultural policy was a disaster. Raising tariffs an average of 59% on more than 25,000 items hurt. Lots of tax increases crippled busi...

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• The Politically Incorrect Guide to American History

  13. Welfare Programs and the Great Society

  Mar 14, 2007—S0

  <p>From 1950 to 1980, Americans were indeed Losing Ground. Charles Murray’s book on social policy debunks welfare programs. The programs are the problem. It is not possible to design a wealth transfer program that will not produce net harm.</p><p>Within Lyndon Johnson’s legacy of failure were the kids who were never educated, the health care system that was already working, and the jobs that weren’t created. ‘60s liberalism discouraged all the right things and encouraged all the wrong ones. Criminals went free. A good portion of Americans began to see welfare as a right.</p><p>Lecture...

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  12. Civil Rights and the Supreme Court

  Mar 9, 2007—S0

  <p>The doctrine was separate but equal according to the Constitution. Segregation was not unconstitutional. Brown v. Board of Education consolidated several cases about separation, and stated that if schools were separate they were, ipso facto, not equal.</p><p>Instead of law, sociology ruled. This influenced Roe v. Wade. By the early 70s, it was thought that you must force busing of white and black races, even for several hours daily. Affirmative action always meant huge advantages given to those under the quota program. A 1983 survey by the Department of Education could not turn up a single study that...

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• The Politically Incorrect Guide to American History

  11. The History of Foreign Aid Programs

  Feb 28, 2007—S0

  <p>The Marshall Plan didn’t help get Europe back on its feet: free markets did. The Plan was another failed giveaway program. The Plan’s disastrous legacy was the wrongheaded approach it inspired in foreign aid programs for the rest of the century.</p><p>Just throwing money at countries was not beneficial. Aid dependency made people political, not productive. The message that should have been sent was that prosperity follows from rule of law, respect for private property, and other institutional mechanisms on which the market order rests.</p><p>A study of ninety -seven countries, including Egypt and...

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• The Politically Incorrect Guide to American History

  10. The Economics of the New Deal and World War II

  Feb 21, 2007—S0

  <p>While many Americans were hungry and destitute, FDR ordered the slaughter of six million pigs and the destruction of ten million acres of cotton. Public-sector jobs created by the New Deal displaced or destroyed private-sector jobs. World War II didn’t end the Great Depression; a return to free-market activity after the war did.</p><p>Lecture 10 of 14 from Tom Woods' The Politically Incorrect Guide to American History lecture series.</p>

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