Extended Audio Sample

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

Extended Audio Sample 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 Click for printable size audiobook cover
4 out of 54 out of 54 out of 54 out of 54 out of 5 4.00 (897 ratings) (rate this audio book) Author: Thomas E. Woods Narrator: Alan Sklar Publisher: Tantor Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
Regular Price: $16.99 Add to Cart
— or —
FlexPass™ Price: $12.95$5.95$5.95 for new members!
Add to Cart learn more )

The media tells us that “deregulation” and “unfettered free markets” have wrecked our economy and will continue to make things worse without a heavy dose of federal regulation. But the real blame lies elsewhere. In Meltdown, bestselling author Thomas E. Woods Jr. unearths the real causes behind the collapse of housing values and the stock market—and it turns out the culprits reside more in Washington than on Wall Street.

And the trillions of dollars in federal bailouts? Our politicians’ ham-handed attempts to fix the problems they themselves created will only make things much worse.

Woods, a senior fellow at the Ludwig von Mises Institute and winner of the 2006 Templeton Enterprise Award, busts the media myths and government spin. He explains how government intervention in the economy—from the Democratic hobby horse called Fannie Mae to affirmative action programs like the Community Redevelopment Act—actually caused the housing bubble.

Most important, Woods, author of the New York Times bestseller The Politically Incorrect Guide to American History, traces this most recent boom-and-bust—and all such booms and busts of the past century—back to one of the most revered government institutions of all: the Federal Reserve System, which allows busybody bureaucrats and ambitious politicians to pull the strings of our financial sector and manipulate the value of the very money we use.

Meltdown, which features a foreword by Congressman Ron Paul, also provides a timely history lesson to counter the current clamor for a new New Deal. The Great Depression, Woods demonstrates, was only as deep and as long as it was because of the government interventions by Herbert Hoover (no free-market capitalist, despite what your high school history teacher may have taught you) and Franklin D. Roosevelt (no savior of the American economy, in spite of what the mainstream media says). If you want to understand what caused the financial meltdown—and why none of the big-government solutions being tried today will work—Meltdown explains it all.

Download and start listening now!

be7d

Listener Opinions

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Gary | 2/8/2014

    " Thomas Woods presents a classic Austrian case of the financial meltdown. I liked this book alot since it was very easy to digest and comprehend. You need'nt be an economist to follow Woods into the trail of trillon dollar losses. I hope he publishes more material soon. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Douglas | 12/7/2013

    " At only 150 pages, you would not expect much substance and yet that is exactly what you get: a clear, concise, substantive explanation of why planned economies always fail and why the free-market (while less predictable for the individual) work out better for the general welfare. I am greatly looking forward to reading some of the works he Woods referenced to get a deeper understanding of the principles that he has laid our here. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Libertylover501 | 12/3/2013

    " I'm re-reading this as a refresher. "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 by Erik | 11/21/2013

    " A nice alternative to the conventional wisdom on the current economic crisis. The oft ignored Austrian school of economics gets some play. "

  • > Show All
Write a Review
What is FlexPass?
  • Your first audiobook is just $5.95
  • Over 90% are at or below $12.95
  • "LOVE IT" guarantee
  • No time limits or expirations