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How Bad Is It? | Jeff Deist

Crashes are fast, like that first hill on a coaster. Recoveries are not, for the simple reason that production is more difficult than destruction.

Original article: https://mises.org/wire/how-bad-it

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

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Jeff Deist
Jeff Deist is president of the Mises Institute, where he serves as a writer, public speaker, and advocate for property, markets, and civil society. He previously worked as a longtime advisor and chief of staff to Congressman Ron Paul, for whom he wrote hundreds of articles and speeches. In his years with Dr. Paul he worked with countless grassroots activists and organizations dedicated to reducing the size and scope of government.
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