

#2250
Mentioned in 12 episodes
Meltdown
A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse
Book • 2009
In this book, Thomas E. Woods, Jr. challenges the common narrative that deregulation and free markets led to the 2008 financial crisis.
Instead, he argues that government interventions, such as those through Fannie Mae and the Community Redevelopment Act, were the primary causes of the housing bubble and subsequent market collapse.
Woods also critiques government bailouts, suggesting they exacerbate the problems rather than solve them.
The book provides a detailed explanation of Austrian business cycle theory and its application to the crisis, as well as a historical context comparing the government's response to the Great Depression.
Instead, he argues that government interventions, such as those through Fannie Mae and the Community Redevelopment Act, were the primary causes of the housing bubble and subsequent market collapse.
Woods also critiques government bailouts, suggesting they exacerbate the problems rather than solve them.
The book provides a detailed explanation of Austrian business cycle theory and its application to the crisis, as well as a historical context comparing the government's response to the Great Depression.
Mentioned by






















Mentioned in 12 episodes
Mentioned by 

, reflecting on the best-selling investing books of 2009.


Morgan Housel

147 snips
This Was Never Easy: A Brief History of Nostalgia
Included in a list of books that helped research the episode.

88 snips
Fire at The Beverly Hills Supper Club (Update)
Mentioned by ARX-Han as an essay that powerfully describes Darwinian nihilism.

52 snips
Incels, Evo Psych, and Modern Literature with ARX-Han — #83
Erwähnt im Kontext von Flash Crash.

40 snips
025 – Entscheiden unter Unsicherheit
Mentioned by 

as a book where he discusses the business cycle.


Tom Woods

35 snips
Ep. 2589 Axis of Evil: America's Three Worst Presidents
Wird von 

als Autor von Meltdown genannt, das sich mit der Frage beschäftigt, wie es in unserer komplexen Welt zu Katastrophen kommen kann.


Alexander Schatten

33 snips
027 – Wicked Problems
Recommended by 

as a fantastic book for people who've never read it, about the 2008 crash and what caused it.


Scott Horton

18 snips
Ep. 2672 A Scott Horton Strategy Against the War Machine
Mentioned by ![undefined]()

as a book that warned about the 2009-2010 recession.

John "Jimmy" Duncan

15 snips
Ep. 2628 America First Means America First
Recommended by 

for further information on the episode's ideas.


Tim Harford

La La Land: Galileo’s Warning (Classic)
Mentioned by 

as a resource for the episode.


Tim Harford

Fire at The Beverly Hills Supper Club
Mentioned by ![undefined]()

while discussing the occult plans and the summoning of an outside force.

Isaac Weishaupt

Dark Enlightenment Pt 5: Network State 15-Minute Cities, Plato's Empire, New Atlantis and What We Can Do!
Mentioned as a book that 

wrote to challenge the conventional wisdom of Paul Krugman's version of events of the 2008 downturn.


Tom Woods

Ep. 2655 Everything You've Been Taught About the State Is a Lie
Mentioned by ![undefined]()

, focusing on the fallout of Credit Suisse.

Cole Smead

The Smead Book List - Spring 2025
Recommended by ![undefined]()

, who co-wrote it, as a book about complexity and how complex systems fail, and how to build resilient teams.

Chris Clearfield

Chris Clearfield: How To Solve Impossible Problems
Mentioned by ![undefined]()

, who recalls Clearfield previously discussing it on the podcast.

Jeffrey Fredrick

In Praise of Avoiding Conflict
Erwähnt von 

als Titel einer Publikation von Nick Land, die als Ursprungstext des Akzelerationismus gilt.


Bhanav Shohomazdi

Tech Bro Topia (4/6) - Sith-Lords auf Speed
Mentioned by 

as the latest book by ![undefined]()

, discussing the financial collapse of 2008.


Rory Bremner

Paul Mason

The Sunday Debate: Free Market Capitalism is so 20th Century
Mentioned by 

as the authors of the book discussing why systems fail and how to prevent catastrophes.


Brett McKay

#517: What Big-Time Catastrophes Can Teach Us About How to Improve the Systems of Our Lives