Wednesday, 26 November 2008

Real Estate Downfall

Downfall of a man who followed all the 'experts.'

Watch it here. [Hat tip Whale Oil]


  1. Sorry if this is off topic but I'd like to thank you for your support for my Churchill comment on It really does make a difference.

  2. Oh, you're very welcome Patrick. Raico's once-over-lightly respsonse was surely telling to any rational reader.

    You're dead right in your conclusion: Churchill's reputation deserves to be taken down a peg or two but Raico's inconsistent scattergun approach riddled with inconsistencies is not the way to do it.

    It doesn't do the job it purports to do, and it demeans the scholarship of the genuine Mises Institute scholars.

  3. Regarding the video clip on Youtube.

    Scenario is that he did what all the experts told him to do and ended up doomed. I liked his last comment regarding following instructions. That was too good. How many people in reality did likewise?



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