Wednesday, March 4, 2009

An Introduction to Economic Reasoning

Given the hard economic times we are enduring, and the Obama's administrations plans that are most assuredly going to lead us from recession into depression, it's important that people have a clear understanding of the truth of the economic ideas that are being used to justify Obama's malfeasance and how and why we are where we are today.

Austrian Econmist and author, Tom Woods, just released a book entitled Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse

He began writing this book last year while Bush was still the President. He He, like all the other economists that study Austrian Economic Theories were predicting the current mess, quite accurately, years ago. He wanted his book to be completed and in print and circulation just as the shit hit the fan and the administration would start talking about economics to justify the expansion of government's scope and power.

The Austrian school of economics is also the primary source for Ron Paul's platform as a Congressmen and during his Presidential Candidacy.

So Woods has been doing the usual author of a brand new book thing, and been doing interviews, writing articles and such to get the word out on his book.

One of the sites he's been promoting his book is a place called Campaign For Liberty

At campaign for liberty, Woods offers three free, online links to books that go into further detail on the Austrian Economics School of thought on the current crisis, the solutions that would work, and the problems that are going to develop.

An Introduction to Economic Reasoning

These three books, all relatively short and available online or for purchase, are an excellent starting point for an education in sound economics.

Economics in One Lesson by Henry Hazlitt;
Essentials of Economics by Faustino Ballve;
An Introduction to Austrian Economics by Thomas C. Taylor

Obama and the Democrats who have the actual power to address the problems, are all most assuredly not going to follow the Austrian Economics Principles...because they are definitely more concerned with grabbing and consolidating more power in the leviathan of the Federal Government...and they are going to deliberately take this country into a Depression to do it.

1 comment:

Davout said...


Check out "Liberal Fascism" by Jonah Goldberg. It will explain why Obama et al want more power.