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

ISBN-10:
1596985879
ISBN-13:
9781596985872
Pub. Date:
02/09/2009
Publisher:
Regnery Publishing
ISBN-10:
1596985879
ISBN-13:
9781596985872
Pub. Date:
02/09/2009
Publisher:
Regnery Publishing
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

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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


Product Details

ISBN-13: 9781596985872
Publisher: Regnery Publishing
Publication date: 02/09/2009
Pages: 194
Product dimensions: 6.20(w) x 9.10(h) x 0.90(d)

About the Author

Thomas E. Woods, Jr., is a senior fellow at the Ludwig von Mises Institute in Auburn, Alabama, and the author or coauthor of nine books, including the New York Time bestseller The Politically Incorrect Guide to American History.

Audie Award finalist Alan Sklar has narrated nearly two hundred audiobooks and has won several AudioFile Earphones Awards.

Table of Contents

Foreword Congressman Ron Paul ix

Chapter 1 The Elephant In The Living Room 1

Chapter 2 How Government Created The Housing Bubble 11

Chapter 3 The Great Wall Street Bailout 37

Chapter 4 How Government Causes The Boom-Bust Business Cycle 63

Chapter 5 Great Myths About The Great Depression 87

Chapter 6 Money 109

Chapter 7 What Now? 141

Acknowledgments 159

Appendix: Further Reading 161

Notes 165

Index 183

About The Author 93

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