This text comprises excerpts from Tom Woods’s book, Deregulation Bogeyman, which challenges the conventional wisdom blaming the 2008 financial crisis on deregulation. Woods argues that government policies, particularly the Federal Reserve’s actions and government housing programs, were the primary culprits, not a lack of regulation. The excerpts include interviews with Peter Wallison and Edward Stringham, who further support this argument by refuting common misconceptions about the role of specific financial instruments and legislation like Glass-Steagall. The text also includes promotional material for Woods’s homeschooling curriculum and an adult education platform, Liberty Classroom.
Warning About these Books If it’s your opinion that the American Establishment has been doing a terrific job and has the American people’s best interests at heart, these books are not for you. The books on this page defy conventional opinion: on guns, on Ukraine, on “deregulation,” on education, on secession, on the Federal Reserve, and plenty more. Tom Woods was honored with the Hayek Lifetime Achievement Award in Vienna in 2019, and is the author of 13 print books, including the New York Times bestsellers The Politically Incorrect Guide to American History and Meltdown. He is rather a bright fellow despite holding a Ph.D. from Columbia University and an A.B. from Harvard. Grab one of the free books below and you’ll also receive the free Tom Woods Letter, which is sent to subscribers’ inboxes during the week. It’s notorious, and subscribers read like a who’s who of the liberty movement. (Even people who would never publicly admit they read it, read it.) This is the one email newsletter people say they look forward to. You can unsubscribe with one click. But unless you have brain damage, you won’t.
