dr. larry white. [applause] >> thank you. when freedom works announced the schedule of this event on its face but page yesterday, fence made a number of comments and my favor of those red," how the fed has failed, really? in 10 minutes?" i don't have time to talk about every case where they have failed us. especially the fed staying within its statutory authority. those of us who think the fed has no business conducting fiscal policy to the tune of $1.50 trillion has no business bailing out the creditors of financial institutions and has no business deciding which sectors of the financial market. the documents that were released last week detailing the fed's action mannequins have only confirmed that the fed has failed those of us who believe in the rule of law rather than the rule of central bankers. i don't want to focus on recent events. i want to focus on the historical picture. this is based on a working paper i have co-authored. it is available at the cato institute website. the fed has failed on its own terms. it has f

dr. larry white. >> thanks, matt.hen freedom works announced the schedule of this event on its facebook page yesterday, fans made a number of comments and my favorite of those read, how the fed has failed. really? in 10 minutes? so i don't have time to talk about every case and every respect at which the fed has failed us. especially how it's failed those of us who think the fed at least as long as it exists should stay within the limits of its statutory authority. those of us who think the fed has no business conducting fiscal policy let alone to the tune of $1.25 trillion. has no business bailing out the creditors of failed financial institutions, has no business deciding which sectors of the financial market should be allocated how many hundreds of billions of dollars. the documents that were released last week detailing the fed shenanigans have only confirmed that the fed has failed those of us who believe in the rule of law rather than the rule of central bankers. but i don't want to focus on recent events. i wan

dr. larry white. he has taught at the university of st. louis. he has been a visiting lecturer. is the author of a number of books and articles. >> fence made a number of commons. my favorite was " [unintelligible] i do not had time to talk about every case in every respect at which the fed has failed us. are they should stay within the limits. they know this is deciding which sector should be allocated. the documents released have only confirmed that the fed has failed those of us who believe in the rule of law. i do not want to focus on recent events. they have failed on their own terms. the of not been frequent or shorter. defenders will say that we do not want to go to the system that existed before. it has not made them less frequent. it is in short order. those were worse. and led to the collapse and output. defenders no longer say that it has abolished financial panics. not a judge let's them on one mistake because the fed is learning. how many times a day have to say that? has the fed increased real growth? no. we should not expect them to do those things. it should focu

across america was the death rate for college educated white males, we would drop the national death rate by a huge proportion. >> larry: do you agree, drpta? >> yeah, that's a fascinating way to look at it. we just did a story specifically looking at the elderly, you would be interested to know. and what was interesting is that so many times hospitals, health care professionals, i think with best interests in mind oftentimes some of these therapies that dr. rackavack that they actually wanted a treatment that wasn't offered to them. making sure what we know works is made available to those who need it is a very important step. >> larry: would you read another little passage from your book? >> absolutely. here's a passage in which i talk about the idea that cancer, when we began to solve the cancer genome, several groups have done this in several different kinds of cancer, it turned out there was an enormous level of diversity. so some would say this problem is just too complicated. but even within that diversity it turns out there are unifying principles. the bedlam of the cancer genome is deceptionive. there are organizational princip

across america was the death rate for college educated white males, we'd drop the national death rate by a huge proportion. >> larry: do you agree, dr >> yeah, that's a fascinating way of looking at it. you know, it's interesting, we just did a story specifically looking at the elderly. and what was interesting is that so many times hospitals, health care professionals, i think with best interests in mind, oftentimes some of these therapies dr. raghavan was just talking about, they're thought too be too old. even if their bodies can be actually quite young. if you go back and ask those elderly patients, more than 3/4 of the time they actually wanted the treatment that wasn't offered to them. i think making sure what we know works is actually made available to those who need it is a very important step. >> larry: dr. mukherjee, would you read another little passage from your book? >> here's a passage in which i talk about the idea that cancer, when we began to solve the cancer genome, several groups have done this, it turned out there was an enormous level of diversity. one could become holistic and say this problem is just too compl