Meltdown

The Classic Free-Market Analysis of the 2008 Financial Crisis

By: Thomas E. Woods Jr.

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eBook | 9 February 2009 | Edition Number 1

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194 Pages

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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 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

Industry Reviews

“I strongly recommend Woods’s work.”
— THE HONORABLE RON PAUL, U.S. House of Representatives

“The smartest guy in the room.”
— JUDGE ANDREW P. NAPOLITANO, senior judicial analyst, Fox News

“ Tom Woods is one of my dearest allies in the struggle against wrongheaded and dangerous economic policy.”
—PETER SCHIFF, CEO, Euro Pacific Capital

“ Tom has written some great stuff over the years, and he’s contributed to the education of a lot of people, including myself.”
— DAVID STOCKMAN, director of Ronald Reagan’s Office of Management and Budget, 1981–1985