Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse
We can probably expect an avalanche of books in the coming months that purport to tell us what happened to the economy and what we should do about it. They'll be dead wrong, and most of the advice they provide will be dreadful. You can count on that.
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In Meltdown, the free-market answer to the Fed-created economic crisis, New York Times bestselling author Thomas E. Woods, Jr., explains what led up to the current economic crisis, who's really to blame, and why government bailouts won't work. Dale Farris - Library Journal Here, Woods (www.thomasewoods.com) offers a decidedly free-market, conservative approach to the worldwide financial collapse of 2008 09. He explains his take on what led up to the current economic crisis, who's really to blame (namely, the Federal Reserve System), and why government bailouts won't work. Woods's views will appeal to listeners concerned about how the financial crisis impacts them as well as to business leaders and investors wishing to be more enlightened about the crisis. Two-time Audie Award nominee Alan Sklar's (see Behind the Mike, LJ3/1/09) solid, steady reading helps sustain interest. [Audio clip available through www.tantor.com; the Regnery hc, published in February, spent ten weeks on the New York Times best sellers list. Ed.] Dale Farris, Groves, TX
Foreword Ron Paul Paul, RonCh. 1 The Elephant in the Living Room 1Ch. 2 How Government Created the Housing Bubble 11Ch. 3 The Great Wall Street Bailout 37Ch. 4 How Government Causes the Boom-Bust Business Cycle 63Ch. 5 Great Myths About the Great Depression 87Ch. 6 Money 109Ch. 7 What Now? 141Acknowledgments 159App Further Reading 161Notes 165Index 183
\ Library JournalHere, Woods (www.thomasewoods.com) offers a decidedly free-market, conservative approach to the worldwide financial collapse of 2008–09. He explains his take on what led up to the current economic crisis, who's really to blame (namely, the Federal Reserve System), and why government bailouts won't work. Woods's views will appeal to listeners concerned about how the financial crisis impacts them as well as to business leaders and investors wishing to be more enlightened about the crisis. Two-time Audie Award nominee Alan Sklar's (see Behind the Mike, LJ3/1/09) solid, steady reading helps sustain interest. [Audio clip available through www.tantor.com; the Regnery hc, published in February, spent ten weeks on the New York Times best sellers list.—Ed.]—Dale Farris, Groves, TX —Dale Farris\ \
