Want to learn what really caused the financial crisis from the guys who explained how it would unfold years before the bottom fell out? Want to understand how the Federal Reserve system steals real wealth from Americans to fund excessive government spending while padding the pocketbooks of Washington's buddies on Wall Street? Think it might be important to know that there is a 0% probability that the US government will be able to honor its promises to make good on its debt and fund its entitlement programs? Below are links to websites, videos, books, and information about key topics we discuss each day on the show.
Websites That Tell The Truth
Voices for Reason – The blog of the Ayn Rand Institute. ARI’s mission is to foster a growing awareness, understanding and acceptance of Ayn Rand’s revolutionary philosophy, Objectivism, in order to create a culture whose guiding principles are reason, rational self-interest, and laissez-faire capitalism–a culture in which individuals are free to pursue their own happiness.
Cato Institute – Individual Liberty, Free Markets, Peace - The Cato Institute was founded in 1977 by Edward H. Crane. It is a non-profit public policy research foundation headquartered in Washington, D.C. The Institute is named for Cato's Letters, a series of libertarian pamphlets that helped lay the philosophical foundation for the American Revolution.
Shadow Stats – Shadow Government Statistics by John Williams - Government reporting of economic data is biased and frequently manipulated. Shadow Stats exposes and analyzes flaws in current U.S. government economic data and reporting.
Mises Institute – The most visited institutional economics website in the world. An educational center of classical liberalism, libertarian political theory, and the Austrian School of economics. This site offers many thousands of hours of audio and video and thousands of free books.
The Library of Economics and Liberty – Dedicated to advancing the study of economics, markets, and liberty. It offers a unique combination of resources for students, teachers, researchers, and aficionados of economic thought. Liberty Fund, Inc., a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.
Foundation for Economic Education – One of the oldest free-market organizations in the United States, founded in 1946 by Leonard E. Read to study and advance the freedom philosophy. FEE’s mission is to offer the most consistent case for the “first principles” of freedom: the sanctity of private property, individual liberty, the rule of law, the free market, and the moral superiority of individual choice and responsibility over coercion.
The Creature From Jekyll Island - G. Edward Griffin - A riveting historical account of the birth of Federal Reserve System. It reads like a detective novel. "The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels..."
Super Cycles - Arun Motianey (2010) - An assessment of what caused the global financial crash and a practical plan for investing accordingly. Motiney critiques macroeconomic policy practiced by the major central banks and advises how we can protect ourselves from the likeliest scenarios that occur when a supercycle enters its terminal phase.
Crash Proof 2.0 – Peter Schiff (2009) – This is a great read for investors or anyone looking to get a handle on the current economy. Written in 2006, Crash Proof predicted the coming collapse with precise accuracy. Schiff updated Crash Proof and released version 2.0 in 2009 which includes additional commentary along with the original text. Schiff discusses history, economic theory, and investment strategy in simple, easy to understand language.
Meltdown – Thomas E. Woods, Jr. (2009) - A Free Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse.” We have a congressional committee investigating the “causes” of the crisis. Woods outlines the exact cause in less than 200 pages. Woods does not hold back in placing the blame squarely where it belongs.
Rollback - Repealing Big Government Before the Coming Fiscal Collapse - Thomas E. Woods, Jr. (2011) - explains that the only chance to avert total economic disaster is to completely change our understanding of government. With bracing candor, he dissects just how the political class has nearly destroyed America.
Atlas Shrugged - Ayn Rand (1957) - arguably the greatest novel ever committed to paper. Well worth the 1200 page investment, this book changes lives. According to a 1991 survey by the Library of Congress and the Book of the Month Club, Atlas Shrugged was second only to the Bible as having the greatest influence on readers. In this magnum opus written fifty years ago, Rand brilliantly outlines her philosophy of Objectivism in a fictional setting that is strikingly similar to America today. I have yet to come across a better articulation of how the world works. This is a must read.
Economics in One Lesson – Henry Hazlitt (1946) - If I wasn't so against compulsory education, I would say everyone should be forced to read this book...especially anyone trying to get a job in Washington. Regardless of one's understanding of economics, everyone will be able to appreciate and enjoy this book. A MUST read.
Know Stealing - Shane Coley (2011) - "A people or nation that does not understand liberty cannot defend it." This book serves as a guide to help people to recognize and "Know Stealing", including legalized plunder, so that we can enforce a policy of "No Stealing". Know Stealing is an engaging analysis of the root cause of the problems facing America today.