Lew Rockwell, founder and president of the Ludwig von Mises Institute, discusses the corruption of the modern conservative movement, the detrimental effects the Federal Reserve System has on the economy, and how it perpetuates the warfare/welfare state.

MP3 here. (40:34)

More here.

Lew Rockwell is the founder and President of the Ludwig von Mises Institute in Auburn, Alabama, Vice President of the Center for Libertarian Studies in Burlingame, California, and publisher of the political Web site LewRockwell.com. He served as Ron Paul’s congressional chief of staff between 1978 and 1982.