Description
If you are bored to death with Washington boondoggles, and you like the small-government, politically-fallacious thinking of Ron Paul, then you can love Tom Woods’s Meltdown. In clear, no-nonsense terms, Woods explains what led up to this economic crisis, who’s in point of fact to blame, and why government bailouts would possibly not work. Woods will reveal:
* Which brave few economists predicted the economic fallout–and why nobody listened
* What in point of fact caused the collapse
* Why the Fed–not taxpayers–must have to reply to for the current economic crisis
* Why bailouts are band-aids a good way to only provide temporary relief and in the end make things worse
* What we must do as a substitute, 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
* Which brave few economists predicted the economic fallout–and why nobody listened
* What in point of fact caused the collapse
* Why the Fed–not taxpayers–must have to reply to for the current economic crisis
* Why bailouts are band-aids a good way to only provide temporary relief and in the end make things worse
* What we must do as a substitute, 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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