Bob Murphy

Diving deep into the true causes of the Great Recession, the financial crisis of the 2010s, renowned economists, investors and business leaders explain what America is facing if we don't learn from our past mistakes. Is the economy really improving or are we just blowing up another Bubble?

This is a story of the violence and coercion that underlies our modern societies. Most of the time, our interactions are peaceful and consensual, but there is a large notable exception. The state maintains its power and ability to create law by the constant threat of force. It prohibits competition to its authority, and in this sense, represents a monopoly.