• "Well written, well researched, and the thesis put forth is well argued.... Woods has opened up an area of historical analysis that should invite further study."
    -Journal of American History

  • "During these times that challenge our freedoms there is no one more qualified to make U.S. history relevant to the fight against big government than Thomas Woods."
    -Barry Goldwater Jr.
    Former Member of Congress

  • "I strongly recommend Woods's work."
    -The Honorable Ron Paul,
    U.S. House of Representatives

  • "Written with great clarity and fluency, making the complex philosophical and theological concepts approachable."
    -Journal of American Studies

  • "A must-read."
    -Barron's

  • "An excellent reading source for anyone interested in financial markets, and much more so for anyone interested in learning about capitalism without all the misinterpretations being thrown about in the financial media."
    -Asia Times

  • "Provocative, well-written, and deserves to be read."
    -Catholic Historical Review

  • "An engaging and important contribution to scholarship on the history of American Catholicism."
    -Journal of the Historical Society

  • "Woods and [co-author Kevin] Gutzman appeal to both left and right in this constitutionalist jeremiad…. The authors' exegeses of the Constitution and court decisions, heavy on original intent arguments, are lucid and telling."
    -Publishers Weekly

  • "A marvelous read. Every chapter taught me something new and unexpected."
    -Tom Bethell, senior editor,
    The American Spectator

  • "The hottest book today is Meltdown, by my friend Tom Woods."
    -Judge Andrew Napolitano, senior judicial analyst,
    FOX News Channel

  • "Should be required reading."
    -Economic Affairs (London)

  • "Woods, one of the best classical liberal [libertarian] scholars of his generation, has once more placed us in his debt with this lucid and tightly argued book."
    -David Gordon, The Mises Review

  • "Tom Woods is one of my dearest allies in the struggle against wrong-headed and dangerous economic policy."
    -Peter Schiff

Bummed You’re Missing Ron Paul (and Others) in Houston Tomorrow?

Watch the Mises Circle in Houston live at this link.

Unlearn the Propaganda!

  • Anon

    And Rand Paul is missing from this and other libertarian circle/conversations.

  • http://www.facebook.com/people/Adrian-Gabriel/100001626460249 Adrian Gabriel

    Anon good joke. Rand is only good to listen to if you think commiting mass murder is ok “only” when your party is in power. The Mises Circle is intended to be a discussion by Austrian Economists (of the correct Rothbardian ilk) on topics pertaining to economics. Rand Paul is not an Austrian Economist. It seems he has no idea of economics at all really.

  • http://www.facebook.com/people/Adrian-Gabriel/100001626460249 Adrian Gabriel

    Rand is not an Austrian Economist. He is a statist. Mises Circles are intended to be discussions on economics. taking a radical ancap point of view. It is pure Austrian Economics, with no mainstream dilutions. The best stuff around. A statist like Rand Paul is not worthy of this. He doesn’t know anything about economics at all.

  • Anon

    Yeah, it was sarcasm from my part and anger after I heard of his intentions of ‘mass murder’ in declaring Israel can do whatever it wants (which is fine by me), but then goes on to say that ‘an attack on Israel is an attack on the US’.

    And yet, he claims to be committed to decreasing debt but at the same time is open to WW III to decimate completely the US economy and killing at least millions.

    Too bad father and son can’t connect more.

  • martha

    Such a bummer!!! Right at the end of Bob Murphy’s talk, 1:06 EST, UStream went “off air” and I missed Ron Paul AND You.

  • http://www.TomWoods.com Tom Woods

    We are having lunch now. You haven’t missed us.

  • Adam

    God bless you Tom for putting your daughters first. I find that kind of stuff truly heroic, you are the kind of man I, and I’m sure many others, want to emulate when we become fathers. Truly inspiring.

  • Jeremy

    Sometimes your kids just won’t listen. He’ll never get a dime or vote from me that’s for sure.

  • Joe

    I am confused how during the QA pretty much everyone thought hyperinflation couldn’t/wouldn’t happen but yet everyone still thinks fiat currency is doomed. If not by hyperinflation, how will the us currency “die”?

  • anon

    It was a great event! thanks, tom!

  • http://twitter.com/KeimgMeg Hank

    Any idea when the Mises youtube channel will have the Ron Paul speech up? I caught yours, but only the last two minutes of Paul’s.

  • http://www.facebook.com/nikolaya.radchenkova Nikolaya Radchenkova

    Here’s a tube of Ron’s speech: http://youtu.be/6krFKAsD_1U

  • http://www.TomWoods.com Tom Woods

    The YouTubes for these events go up within a week.

  • guest

    The reason to hyperinflate is to pretend like you’re good for your debts, and to do so at the expense of purchasing power. What they were saying is that the government will default instead of hyperinflate (it has done this several times in the past).

    Because you don’t NEED to hyperinflate if you’re just going to refuse to repay your creditors.

    Default can be considered a kind of concentrated hyperinflation, though; Instead of hyperinflation destroying the purchasing power of everyone’s credit money, they simply, by defaulting, destroy the purchasing power of the money used to purchase the bonds – in effect, the bond buyers will have given away their money to the government.

    The same thing happens under hyperinflation, except the losses are distributed (for the benefit of the money printers and their cronies, by the way).

    As Ron Paul says, all inflation is default (paraphrase).

    But the currency will lose purchasing power in a default, as well, since people will realize that it’s backed by nothing but promises.

    And consider that the American economy is structured by the fake currency which it has tricked other countries into accepting. When other countries stop using it, that portion of the global division of labor that is based on it will be restructured such that we will no longer be able to pay for imports with funny money.

    And since the American economy relies on imports, this will be very bad for us.

    We need to switch to a commodity money system so that we can pay for imports with something of actual value.

  • Joe

    Thanks for the interesting answer!

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