Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and the Government Bailout

Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and the Government Bailout

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by Thomas E. Woods, Jr.
     
 

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If you are fed up with Washington boondoggles, and you like the small-government, politically-incorrect thinking of Ron Paul, then you'll love Tom Woods's Meltdown. In clear, no-nonsense terms, Woods explains what led up to this economic crisis, who's really to blame, and why government bailouts won't work. Woods will reveal:
* Which brave few economists predicted…  See more details below

Overview

If you are fed up with Washington boondoggles, and you like the small-government, politically-incorrect thinking of Ron Paul, then you'll love Tom Woods's Meltdown. In clear, no-nonsense terms, Woods explains what led up to this economic crisis, who's really to blame, and why government bailouts won't work. Woods will reveal:
* Which brave few economists predicted the economic fallout--and why nobody listened
* What really caused the collapse
* Why the Fed--not taxpayers--should have to answer for the current economic crisis
* Why bailouts are band-aids that will only provide temporary relief and ultimately make things worse
* What we should do instead, to put our economy on a healthy path to recovery

With a foreword from Ron Paul, Meltdown is the free-market answer to the Fed-created economic crisis. As the new Obama administration inevitably calls for more regulations, Woods argues that the only way to rebuild our economy is by returning to the fundamentals of capitalism and letting the free market work

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Product Details

ISBN-13:
9781596981065
Publisher:
Regnery Publishing, Inc., An Eagle Publishing Company
Publication date:
02/09/2009
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
194
Sales rank:
372,314
File size:
282 KB

Meet the Author

Thomas E. Woods Jr. is a senior fellow at the Ludwig von Mises Institute in Auburn, Alabama. He is the author of nine books, including Who Killed the Constitution?: The Fate of American Liberty from World War I to George W. Bush (with Kevin R. C. Gutzman) and the New York Time bestseller The Politically Incorrect Guide to American History. Woods won the $50,000 first prize in the 2006 Templeton Enterprise Awards for The Church and the Market: A Catholic Defense of the Free Economy. Woods edited and wrote the introduction to four additional books, including Murray N. Rothbard's The Betrayal of the American Right and We Who Dared to Say No to War: American Antiwar Writing from 1812 to Now (with Murray Polner). He is also the author of Beyond Distributism, part of the Acton Institute's Christian Social Thought Series. Woods lives in Auburn, Alabama, with his wife and three daughters, and maintains a website at ThomasEWoods.com.

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Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse 4.3 out of 5 based on 0 ratings. 38 reviews.
Bill-in-VA More than 1 year ago
Thomas Woods has reduced the function and misunderstanding of economics into a compelling read. This is a must read book for all regardless of your personal political philosophy. It is not written in economist language, but still with precision to enlighten the readers.
gdb More than 1 year ago
Anyone who cares about our country should read this book and then start a "thought" revolution in their neighborhood and with their friends and family. This country was started long, long ago by folks who wanted religious freedom. They paid the price, we've enjoyed it but have forgotten where we came from. In simple terms, The War for Independence was fought because of a despostic king. We now have three despotic, out-of-control branches...Congress, Executive and Judiciary. They run roughshod over the Constitution. We, the people, have the Constitutional right to change the government when it no longer serves our needs and tramples our rights. It's time for a REVOLUTION. It's time to FIRE THEM ALL AND START OVER. Get rid of the Federal Reserve. Re-establish credit, monetary value and interest rates that mean something. This book goes to the heart of that revolutionary idea.
suzTika More than 1 year ago
This book made me sick! But it's not because it was poorly written or because it was a horror book- I wanted to throw up because I'm finally learning what is going on with our economy and government! And it's sickening. Everyone needs to pick up a copy of this! From inflation to bailouts, the higher ups are ruining us and most of us don't even know it's going on- buy this book, then give it to a friend, then buy another- You'll thank me for it!
MTUCivil04 More than 1 year ago
This book is the first step to realizing what has and is going wrong with our economy. It helps to understand why government has always snagged the economy, and if we do not heed the warnings of this book, we are doomed to repeat history. Very sobering book, with good research and facts.
james79 More than 1 year ago
a good financial book that talk about the future of america.
victor_laszlow More than 1 year ago
A must read for those who share in the idea of life, liberty, and the pursuit of happiness.
Guppie More than 1 year ago
A MUST read. I enjoy an author who attacks BOTH political parties and the FED as well. VERY interesting perspective on the gold standard as well. There's nothing more interesting than normative economic statements from somebody who's actually done the research. Do I agree with everything? No, but that doesn't take away from this book.
Anonymous More than 1 year ago
Fantastic and to the point.It was esay reading and not too long.The author make it simple to understand a difficult concept.It was very relevant to the current crises in the country and how we got there.
3DogDad More than 1 year ago
For anyone who wants to learn more about why we are in the current economic mess, Meltdown provides some wonderful information. If you have not heard of the Austrian School of Economics, you will find it is very relevant to the current situation. Don't take the pablum from the mainstream press and politicians, read this book to really understand the situation.
Anonymous More than 1 year ago
I have not read the book but I will. My guess is that Mr. Woods Libertarian view of the world will bias the facts that he inserts into the book to support his view of the world. I typically like to read both narratives, right and left, and come to my own conclusions bases on all available information and opinions on the facts.
STUNTMAN_NY More than 1 year ago
"When FDR decided to cut back on federal spending, the economy actually WORSENED and did not improve until spending was again increased. That is just reality. Sorry." .....That's a typical response. but the REALITY is that when the economy worsens, that's the economy actual correcting itself. the boom is where the damage is done, the bust is where it is fixed. too bad you cant figure that one out.... and you insist on quick "fake fixes"
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Great overview and excellent launchpad for further study.
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