Good news: this Sunday, Meltdown, my book that gives an Austrian perspective on the economic crisis, enters its second week on the New York Times bestseller list, up to #11. (The list is for March 8; it was published online on February 27.)
I have an article up today at ISI’s web journal First Principles called “Banana Republic, U.S.A.” that touches on some of these themes. Vox Day interviewed me over the phone (and then transcribed the interview) for WorldNetDaily (where he published an excerpt of the interview); here’s the full transcript, along with what I’m told is a lively discussion featuring some angry Keynesians.
Finally, here is Ron Paul’s foreword to the book.
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This book can be one of the greatest tools of liberty in getting people to recognize that paper money system and central economic planning are indeed the root of our country’s problems and the problem’s of other central economically planned countries.
All of the ancillary arguments proposed by party politics are merely distractions away from the truth. The truth being governments enslave their people with these fiat currencies. Wars are financed with these currencies. Debt and poverty are a result of these systems.
The State has a wide array of educational tools to counter the punch of liberty and sound money, but the message is being spread and the light of truth is lighting the way.
Once this message is fully realized then a path to true freedom and liberty can be realized by all. Freedom and abundance are upon us, but we need to reach to the souls of those that we love. We must open their eyes in order to protect the ones we love. From there the message will spread.
This book is a wonderfully able to pry open the eyes of those asleep.
Thank you for this powerful book.
Long live the R3volution.
I noticed Krugman babling on about Bernanke’s “Savings Glut” on that NYT link…
http://www.nytimes.com/2009/03/02/opinion/02krugman.html?em
here is Shostak on the issue:
http://mises.org/daily/1882
Congrats! Maybe make top ten?! We all hope and pray… people need to wake up!
I had a funny thought.
Meltdown reaches #1, just as the New York Times goes bankrupt.
How awesome would that be?
The horrible mouthpiece for bad policy and platform for people like Krugman goes under, and the very last New York Times best-seller list has Tom Wood’s Meltdown at #1.
I know, I know, nothing but a fantasy. But I can dream, can’t I?
I loved the Banana Republic, USA article. I’ve often wondered if people actually think about how these “stimulus” and bailouts really work. I mean, its like watching the Government picking the taxpayer pockets with one hand and then lending that same money with interest owed on it right back to the taxpayer with the other.
slightly off topic (again)
I had not heard from Richard Duncan (author of The Dollar Crisis) in ages – I just googled him and found this piece for the FT
“Bring back link between gold and dollar”
http://www.gata.org/node/6916
We finally sprung for the book this weekend; I’m going to read it to myself, then to my wife, then send it around to family members for them to read, then (maybe) donate it to the local library, if they haven’t got a copy by that time.
#44 on Amazon.com. Better yet, ahead of the latest Krugman published pack of lies.
Hello Mr. Woods,
I recently saw you speak at the Liberty Forum at CPAC and I really loved your speech. I haven’t gotten a chance to take a look at your book yet, but I definitely will get around to it soon. Best of luck and hopefully it can get to number one and generate even more buzz.
I just came across Dan Arnold’s article in the Private Investor (http://www.thegreatbustahead.com/pi_article_feb2004.pdf) and I was astounded. It certainly is food for thought about the impact today of the advent of contraception and later abortion 50 years ago.
I can tell that Austrian economics is starting to get some serious interest, based on the fact that I’m starting to see more and more lies told about it by the media cheerleaders and by posters to internet forums. If they’re going to the trouble to lie about it they must be getting worried about it.
This is a great book! I’ve learned a lot and have been spreading the message. Thanks!
I am looking forward to reading the book. The Banana Republic article was very good. I must bring up one point of contention, though. I believe that it is a misconception that the Feds will resort to printing money to address the problem of the unfunded liabilities. Consider the case of Medicare, which is the worst offender here: the liability is not due to a promise to pay a fixed some of money, as is the case when paying off debt. The obligation is to provide medical care. Printing money will in no way help. It will only drive up the cost of that care.
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