The Bad News They Leave Out, and the Good News They Leave Out

Neither Donald Trump nor Hillary Clinton can or will explain precisely what the Fed has done to the economy since the turn of the century, but it’s crucial that we understand it. Meanwhile, although we hear nothing but warnings and gloom about employment in the age of automation, the true picture turns out to be much brighter. This are my remarks at the Mises Institute’s event at Harvard on October 1, 2016. Subscribe to the Tom Woods Show: