The Wisdom of Tom Woods

“There are some corporations that would rather see the whole world burn to the ground, than have a free market.” ~ Thomas E. Woods Jr.

Tom Woods, one of the leading independent voices in the libertarian and Austrian Economics movement today, is both entertaining and uncanny in his ability to convey knowledge. Watch this fantastic talk Woods gave in 2009 that explains why you’ve never heard of the Great Depression of 1921, and how central bank and governmental intervention in the economy inevitably leads to bubbles and busts:

Tom Woods

“If the Tenth Amendment were still taken seriously, most of the federal government’s present activities would not exist. That’s why no one in Washington ever mentions it.” ~ Thomas E. Woods Jr.

Tom Woods

“No supporter of the free market can look at military procurement and the military-industrial complex in any detail… without recoiling in utter disgust.” ~ Thomas E. Woods Jr.


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