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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

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.

User Ratings and Reviews

5 Stars Economic Clarity to Understanding the complex
Extremely well written. Clear and concise makes what has happened to our economy understandable.

5 Stars Meltdown Delivers Solid Useful Economics
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 roll over and listen to the nonsense from the mainstream press and politicians; read this book to really understand the the causes of the current crisis.

5 Stars Meltdown tells the truth about the4 economy
Meltdown tells it like it is. You see exactly who is responsible for the economic mess this country is in. The usual suspects, our government and it’s meddling in the free market caused this and it’s continued meddling will only worsen and extend the problem. If you want to know who, why and how, this is the book.

3 Stars a little disappointed
I looked forward to reading this book because I had heard great reviews on a few radio programs. The subject matter is very interesting, and the book is indeed informative and increased my understanding of the Fed. However, I felt the level of information just barely went below surface level. I wanted more in-depth explanations.

An author’s writing style greatly affects my enjoyment of any book, and Woods’ sentences were sometimes awkwardly constructed, and he used sentence fragments now and then. What really bothered me, though, is that throughout the book Woods kept bringing up subjects and then saying he would explain them later on in other chapters. Consequently, by the end of the book, I didn’t feel that anything was fully explained. I do recommend this book though, because Americans need to understand economics. Most Americans, including politicians, know nothing about economics or know only Keynesian theory.

5 Stars Understanding these contents is critical
“economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics” -Mises

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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

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April 12, 2009 | Read the story »

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