After completing Trace Mayer’s excellent ebook, “The Great Credit Contraction“, I stopped reading and said aloud, “Wow”. I started reading it with the intention of reading a few pages. Much to the detriment of sleep I ended up reading half the book in the first sitting.
The dollar truly is an illusion and gold is real money. Mayer’s book hammers this home in a profound way. One of the great things about the book is that it covers the fundamentals and history of money as we know it. If you ever wondered how the idea of fractional reserve banking came about then you should read this book. If you want an answer to the question, “What is money?”, then this book is for you.
Mayer utilizes several quotes from economists past and present to reinforce his points. He invokes the likes of Ron Paul, Lew Rockwell, Ludwig Von Mises, Alan Greenspan, and many others.
I considered calling “Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse” by Tom Woods, your bible for the economic meltdown, but the Bible, although a very interesting read, is littered with ambiguity. There is zero ambiguity in this book. The book is more like a timely and perfect travel guide, full of facts and well-argued opinions covering all of the economy’s hot spots. What Ron Paul’s “The Revolution: A Manifesto” accomplished for political ideas in the wake of his Presidential campaign, this book accomplishes for economic thought in a time of financial turmoil
I would venture to say that the book is the modern day equivalent of “Economics in One Lesson” by Henry Hazlit. While some of “Meltdown” is devoted to our current situation it is also filled with lessons in Austrian economic theory. But it is not written for economists, it is written for you and me.
To understand why the bailouts and stimulus packages will not work, read it. To understand the real reason the Great Depression ended, read it. To understand economics without being an economist, read it.
This wasn’t intended to be a book review of Woods’ latest book. Look for that soon. Until then watch Tom Woods deliver another excellent speech at the Liberty Forum during CPAC 2009 below. It is in two parts. Yes, the lighting is horrid, but it is the words that count.
The book’s author David Post weaves the history of America as seen through Thomas Jefferson’s eyes tightly around the history, growth, and governance of the Internet. And what about this moose?
I’m glad I read this book earlier this year. How glorious it would be to be handing it out to all of the Obama revelers today in DC. Since there are 2 million of them though this is an impossible task.
Instead, why not buy it for your favorite Obama dreamer today.
Ron Paul’s excellent book “The Revolution: A Manifesto” was recognized by Amazon.com as the book with the most positive reviews of 2008. Once again we Ron Paulians are left to wonder what could have been had he somehow won the GOP nomination.
Of course, the critics will say that we spammed the reviews on Amazon. “Spam” may not be the correct word though. It is more the online “know how” that represented much of Ron Paul’s 2008 grassroots presidential campaign. The critics like most are merely envious.
I hope Ron Paul makes a single resolution to bring in the new year. I hope he resolves to run again in 2012 if the political climate suggests it. By then we may be begging for a President like Ron Paul.
That being said, I’ll likely be begging regardless of the political climate.
There is no mistaking those faithful activist followers of Ron Paul with the general drooling masses swayed into true belief in the boundless ability of the American presidency. It even filters down to presidential candidates. Myths become reality and contradictions are ignored. The Ron Paul zealots, even the conspiracists among them, deserve more credibility than those that believe in the magically deliciousness of Barack Obama. At least they pay attention beyond the main stream media soundbites. You don’t have to think very hard to realize that John McCain is just an old establishment hack politician. His claim of being a “maverick” is as credible as his claim of believing in the United States Constitution.
Yet the masses are moved into worshipping these men because they sought out the position of “leader of the free world.” The truth is the job of American President in this modern age is doomed no matter who sits on the Oval Office throne. One of the best books I’ve read in a long time, “The Cult of the Presidency: America’s Dangerous Devotion to Executive Power“, explores the slow development of the presidency from its humble beginnings to its godlike stature today.
The reality is that the more we expect from our President the less he is capable of delivering. This is especially true during economically calamitous times such as these. The book is a timeline of the American presidency put through the limited government microscope of author Gene Healy (CATO Institute). He celebrates the “boring” presidents like Harding and Coolidge. He hammers on the generally more popular and active presidents like Teddy Roosevelt, Woodrow Wilson, and FDR.
A brand new book about Ron Paul is set to be released on Tuesday, November 11th. “Ron Paul: A Life of Ideas” is the first biography of Ron Paul. It is not about the issues, but about the man and what molded him into the hero of liberty he has become. For fans of “the most honest man in Washington”, according to John McCain, this book promises to be a necessary addition to the liberty section on your bookshelf.