• "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

The Fed Appoints Three New Drones — Hooray

On Bloomberg, Jim Grant is asked how he feels about the three yes-men about to be appointed to the Fed.  Most guests would offer a few empty statements about the great qualifications of our new overlords.  Grant, on the other hand, gives a reply that only a few people in the world would give — namely, what the heck does it matter?  What will change with the addition of these people?  Absolutely nothing, as usual.  So why pretend to care, or that any of it makes any difference?  (Thanks to Bob Murphy.)

  • Chuck

    I like the look on the interviewer’s face when he says “our fundamental monetary dilemma which is that the US dollar is a faith-based currency with no intrinsic value that is manipulated by the fed.” (2:55) Hilarious!

  • Alan

    If only John Maynard Keynes was here. He really new how to get economies out of a recession. See New Deal.

  • http://www.divineeconomyconsulting.com/index.html Bruce Koerber

    http://moneyandethics.blogspot.com/
    Thursday, July 22, 2010

    Financial Analyst Jim Grant Discusses The Federal Reserve “YES” Men and Women.

    Did you notice the eyebrows rise in surprise on the interviewer’s face when Jim Grant said “the US dollar is a faith-based currency with no intrinsic value” at the 2:55 mark?

    Appointing YES men and women to the Federal Reserve Board is very symbolic of the type of audit of the Federal Reserve that the Congress agreed to. Congress is composed of YES men and women, that is except for Congressman Ron Paul, affectionately known as Dr. NO!

  • Bill

    I would love to watch the video. Unfortunately, I get the following message instead “This is a private video”.