Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse

Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse
by Thomas E. Woods Jr.

Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse
List Price: $27.95
Category: Book
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Book Summary Information

Author: Thomas E. Woods Jr.
Foreword: Ron Paul
Edition: Hardcover
Audio: English (Original Language); English (Unknown); English (Published)
Published: 2009-02-09
ISBN: 1596985879
Number of pages: 194
Publisher: Regnery Press
Product features:

Book Reviews of Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse

Book Review: Accessible and to the point
Summary: 5 Stars

If you are like me, when you first encountered an explanation of how the Federal Reserve system works, you thought that you simply did not understand what was said. It sounds too crazy to actually work like that. If so, your initial instinct was correct, except that you actually did understand. It is crazy. It does not work, at least not for the bulk of us. It took years of reading dense tomes on economic theory for me to put it all together. Now we have a talented author in Thomas Woods who is able to boil that all down to its essentials in a language that is accessible to the casual reader. If you want to quickly get to the heart of the causes of recent economic events, and make sense of the incoherent blather in the mainstream media (left and right), read this book. Then loan it, or buy copies for your friends and family. Thanks Dr. Woods.

Summary of Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse

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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