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The housing bubble: a property rights problem

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Reason.tv‘s Nick Gillespie interviews Nobel-laureate Vernon Smith. An insightful conversation on what experimental economics has to say about the collapse of the housing market and his belief that, unfortunately and unintentionally, America will seek its way out of debt through inflation.

If you enjoyed this video, we recommend that you read our interview with Peruvian economist Hernando de Soto, in which the role of property rights in finance is further explored.

 

 

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