If you would like a quick, concise, yet intellectually rich explanation of the nature and consequences of financial bailouts, the Ludwig von Mises Institute has a webinar for you. Next Wednesday July 25th from noon to 1:30pm eastern time, Guido Hulsmann will be presenting "Bailouts 101." He will be talking about the rationale of bailouts, recapitalization, artificial markets, fictional accounting, and currency reforms. I have set in on several lectures by Hulsmann and they are always worth it. To gain access to the webinar, you must register at the Ludwig von Mises Institute website. The cost is $5.