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David Stockman book lecture

SHARE Book Forum April 3,[masked]:00PM ADD TO CALENDAR Hayek Auditorium Featuring the author David A. Stockman, Former Budget Director, Reagan Administration; moderated by David Boaz, Executive Vice President, Cato Institute. Purchase book The Great Deformation is a searing look at Washington’s fiscal crisis. It counters conventional wisdom with an 80-year revisionist history of how the American state — especially the Federal Reserve — has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. David Stockman points a finger at Franklin Roosevelt, who fathered crony capitalism; Richard Nixon, who destroyed fiscal discipline and the gold-backed dollar; Fed chairmen Greenspan and Bernanke, who fostered bubble finance and addiction to debt and speculation; George W. Bush, who repudiated fiscal rectitude and ballooned the warfare state via senseless wars; and Barack Obama, who revived failed Keynesian “borrow and spend” policies that have driven the national debt to perilous heights. He doesn’t spare Ronald Reagan and Milton Friedman, either. He’s guaranteed to provoke liberals, conservatives, and libertarians. Stockman’s analysis skewers Keynesian spenders and GOP tax-cutters alike, showing how they converged to bloat the welfare state, perpetuate the military-industrial complex, and deplete the revenue base — even as the Fed’s massive money-printing binge allowed politicians to enjoy “deficits without tears.” But these policies have also fueled new financial bubbles and favored Wall Street with cheap money and rigged stock and bond markets, while crushing Main Street savers. The Great Deformation explains how we got here and why these crony capitalist policies are an epochal threat to free-market prosperity and American democracy. If you can’t make it to the Cato Institute, watch this event live online at and follow @CatoEvents on Twitter to get future event updates, live streams, and videos from the Cato Institute.

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  • A former member
    A former member

    Okay, I'm confused.

    This is called the "Washington Democratic Happy Hour" and bills itself as a progressive meet up group, but then I see meetings are at the Cato Institute!!! Events include conservative book launches and Fox News contributors.

    So is this somebody's idea of a joke?

    April 6, 2013

  • A former member
    A former member

    What's with all of the extreme right wing events????????

    April 3, 2013

  • A former member
    A former member

    DARN! Just realized this was at 4 in the afternoon......unable to get off work

    April 2, 2013

  • bruce

    Reception after

    April 2, 2013

1 went

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  • Bruce Majors Keller Williams Real Estate

    Good service

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