Santayana's Depression

Here's a great summary of lessons learned from the last Great Depression -- and how Bush and Obama are pretty much violating them all...

Go visit the web page of the Colorado Mises Circle for more videos. Tom Woods' talk on the Depression of 1920 that you've never heard of will blow your socks off also. In fact, I'm embedding it just below so you have no excuse to miss it:

As Santayana said: "Those who cannot remember the past are condemned to repeat it."