Friday Interview: The Economic Meltdown Explored

RALEIGH — People of all political persuasions have been asking why the American economy sank to such depths in 2008 and 2009. Some blame the deregulation of the Bush years. Thomas Woods, senior fellow at the Ludwig von Mises Institute, offers a different perspective. The author of the book Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse discussed the economy with Mitch Kokai for Carolina Journal Radio.