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Now from freedom fest the annual libertarian Conference Held in las vegas. Booktv sits down with peter, ceo and chief global strategist at the Pacific Capital incorporated and argues that his book the crash that we replaced the housing bubble with a government inflated a bubble that will eventually top and caused another economic collapse. This is about 25 minutes. Now joining us on booktv is peter schiff, he is the author of the real crash, americas coming bankruptcy. How to save yourself and your country. Here is the cover of the book published by st. Martins press. What do you think when yo...

Discussion today by reviewing the works of Friedrich Hayek John Maynard Keynes and Milton Friedman whom i consider to be the three most influential economists of the 20th century and of the three, i really consider hayek to be the most influential. He addressed what i call the Knowledge Problem and this seems to me to be perhaps the most important contribution to economics since the time of adam smith. And this is what hayek had to say. About knowledge he said in economics, theres a problem of the division of knowledge. Which is quite analogous, too. And at least as important as the problem of...

Say. About knowledge he said in economics, theres a problem of the division of knowledge. Which is quite analogous, too. And at least as important as the problem of the division of labor put forward by adam smith. But while the latter has been one of the main subjects of investigation ever since the beginning of our science. The former has been as completely neglected. Although it seems to me to be the really central problem of economics. As a social science the problem we pretend to solve is how the spontaneous interaction of a number of people each only possessing bits of knowledge. Bring ab...

Its a Supreme Court hearing with fript to be released later. Because he is worried about it being too political. I dont know whether a camera makes something political that a pen and paper doesnt. I can see not wanting to be made a spectacle of. But i cant see how testifying behind closed doors as opposed to testifying publicly aches whether or not your words are interpreted in a political context. Well, what hes right about, historically, but im not sure it would work in this case is that when you turn the cameras on in congress, it is impossible not to get a certain amount of stunting. Right...

I can see not wanting to be made a spec. But i cant see how testifying behind closed doors as opposed to testifying publicly aches whether or not your words are interpreted in a political context. Well, what hes right about, historically, but im not sure it would work in this case is that when you turn the cameras on in congress, it is impossible not to get a certain amount of stunting. Right. Show boating. We know which side will be doing a lot of that. The republican side which basically has nothing in realize to throw at Robert Mueller, thats the side where the strangest things would come f...