Thomas Woods's weblog
Young Americans for Liberty at the University of New Hampshire has been holding a week-long series of activities called Revolution Week. As part of the festivities, I'll be speaking tomorrow on the myths and truths of the economic crisis, in the Memorial Union Building at 5:30pm. Scott Horton of Antiwar Radio will open with remarks of his own.
On Saturday I'll be speaking in Concord, New Hampshire.
I thoroughly enjoy the chance to visit my native New England, and I hope to see a bunch of you there.
Categories: Economy Tags:
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On October 20 I'll be speaking in Hartford alongside an insurance company executive (who will take the opposing view) on the subject of "Too Big to Fail" and the economic crisis in general. Each of us will make a 40-minute presentation, followed by Q&A from the audience. I'd be thrilled to see a sizable contingent of the good guys (i.e., you all) there. Sorry you have to pay to get in; that's the University of Connecticut School of Business' decision. But it would be great to see you there. (See more upcoming events here.)
Categories: Economy Tags:
Showing comments 1—3 of 3
Posted 10/15/09
 Matt Holdridge Arlington, VA | Tom, I have a thought and question that you may be able to comment on.
I've noticed a trend while reading various books/articles on the evolution of the American monetary system. It appears, unless I'm reading wrong, that our history shows the "common people" such as farmers, rural residents, and laborers, have historically supported an inflationary system.
I think of states such as Maryland (among others) following the Revolution who wanted to preserve their paper money or the "silverites" in the late 19th century who wanted to inflate the currency.
It seems that they viewed inflation as a populist movement that favored the debtor (farmer, laborer, etc) over the creditor (banks, leaseholders, and landlords).
What seems odd, is that now appears to be one of the few times in history that a populist movement is springing-up around a gold standard/sound money. Do you find this strange and do you think if we returned to sound money that people would quickly clamor for an inflationary system again?
Is the Federal Government and the Federal Reserve simply giving people what they think they want, an inflationary system that favors debtors over creditors? Or is it possible that these "populist movements" of old didn't understand that the Federal Reserve actually benefits the creditor through the use of inflation?
Interested in your comments. |
Posted 10/15/09
 Thomas Woods Auburn, AL | Good question, Matt. I think it depends in part on where the new money is injected. The present system favors the banking system and the financial industry in general. Any alleged benefits it might confer on the average person are not immediately obvious, such that people would instantly know to thank the Fed.
Also, Rothbard shows in his 4-volume Conceived in Liberty that in colonial days it was men of prominence who really pushed for paper-money schemes. Moreover, it's not so clear who is a creditor and who a debtor when everyone has a 401K, holds bonds, etc.
But certainly in the 20th century we have not seen anything like the opposition to the Fed, central banking, and inflation that we are seeing now, in terms of people being knowledgeable, alert, and active. I think it will only intensify. |
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If you live in South Carolina or Georgia (or thereabouts) I can recommend a couple things. On Saturday, the Mises Institute is having a one-day event in Greenville, SC called "Depression, Monetary Destruction, and the Path to Sound Money." Speakers are Doug French, Thomas DiLorenzo, Robert P. Murphy, Jeff Tucker, and me.
Tomorrow night I'll be speaking on the free market and the economic crisis (a different talk from the one I'll give the next day at the Mises conference) at Furman University, Plyler Hall, Patrick Lecture Hall, at 5:30pm.
Categories: Economy Tags:
Showing comments 1—7 of 7
Posted 10/01/09
 AdamCabrera Upland, CA | Thanks for sharing Tom! Please come out to southern California! We appreciated you speaking at the Vegas conference! |
Posted 10/01/09
 SurveyinSC spartanburg, SC | I AM looking for something to do tomorrow night! I wouldn't miss it. |
Posted 10/01/09
 TruthSaga San Jose, CA | Tom,
What would it take to get you out to the Bay Area, CA? |
Posted 10/01/09
 Thomas Woods Auburn, AL | TruthSaga: Some organization would have to invite me. |
Posted 10/01/09
 Mike Roux Rock Hill, SC | ..and if you can't be there, be in Rock Hill, SC for a Freedom Rally. Speakers include:
* Jamin McCallum: Iraq War veteran, CPA, potential 5th district candidate
* Park Gillespie: ran for Congress in SC in 2006. Political advisor to people such as Rep. Ralph Norman (Dis 48) and Rep. Mick Mulvaney (Dis45)
* Rep Gary Simrill: State Senator for District 46. Ways and Means Committee
* Rep Larry Grooms: State Senator for District 37 since 1997. Running for SC Governor in 2010
* Patrick Henry, Founding Father who is considered as one of the most influential in bringing about the American Revolution. He was also the first post-colonial Governor of Virginia.
3:00 at the amphitheatre downtown.
The weather should be perfect.
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Posted 10/05/09
 Linda APO AP, Japan | Couldn't resist posting this, Tom.
http://media.photobucket.com/image/ferengi/renesigma/dollarlatinumesp.jp g?o=184 |
Posted 10/25/09
 ButterflyBabiesMoma melbourne, FL | That was a great event. I really enjoyed listening to you speak Tom. |
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This week left-liberal and socialist opponents of globalization will protest the G-20 meeting in Pittsburgh. But you don't have to be a left-liberal or a socialist to oppose the G-20's agenda. Campaign for Liberty is co-sponsoring an event tomorrow night at Pittsburgh's Soldiers and Sailors Hall at which G. Edward Griffin and I will be speaking. Hope to see you there.
Categories: Globalism, Economy Tags:
Showing comments 1—8 of 8
Posted 09/21/09
 Son Of Liberty Erie, PA | Hope all the Pittsburgh Ron Paul and C4L supporters show up! Hit downtown with flyers! |
Posted 09/21/09
 BruceKoerber Cedar Rapids, IA | I am from Pittsburgh but I now live in Iowa. Thick politics is what set up Pittsburgh for the wasteful G-20. |
Posted 09/22/09
 stritzm APO AP, AP | Give em a slice of liberty Mr. Woods |
Posted 09/22/09
 Son Of Liberty Erie, PA | Get the Tea Partiers and 9.12ers there too! And the local GOP! |
Posted 09/22/09
 js3405 mtn grove, MO | This week left-liberal and socialist opponents of globalization will protest the G-20 meeting in Pittsburgh.?????? The campaign for liberty is not about left or right mr right wing posing as a friend of liberty. Maybe you should reread the mission statement and stop using the power of the campaign for liberty to further your agenda and come together as one voice for freedom |
Posted 09/22/09
 BrendonDeMeo North Chelmsford, MA | js3405 you need to get your facts straight before you go on the attack.
#1: The G20 summit protestors are generally left-liberal. Left-liberal means they favor bigger government, this is a far cry from Classical liberal. There's also tons of socialists at G-Insert Number summits, members of Rage Against the Machine as well as communists attend en masse.
#2: The socialists and bigger government folks are completely incompatable with our cause which YOU would know if you read the mission statement. We can't come together with them as "one voice for freedom" when their philosophy is fundamentaly anti-liberty. They don't trust freedom, which is why they're there protesting economic freedom (capatalism) as if the G20 is somehow captalist. I also think there's a lot of globalist astroturf NGO's there which promote a progressive, anti-human, anti-liberty agenda as discussed in the John Birch Society movie on the United Nations. http://masslpa.org/content/video-un-deception . According to a correct political paradigm we are a rightwing group as we favor less government and People's Law (or even anarcho-capatalism as some do).
#3: Tom Woods is an extremely important part of C4L, he attends nearly every Conference and holds other C4L related events - I doubt you could do as much for the liberty movement as he does or has, especially since you're the one coming here trying ruin our "one voice for freedom" by making stupid statements and criticizing someone. |
Posted 09/27/09
 js3405 mtn grove, MO | I stand by what I posted why don't you go on youtube and type in g-20 protestors and you can see for yourself who was protesting A very small group were anarchist the rest were just normal americans who are concerned about the new world economic order. You guys really need to quit believing everything you see spun on TV or hear from Rush. |
Posted 09/27/09
 js3405 mtn grove, MO | Most that you think are against "Capitalism" are really against corporationism and have no problem with free market capitalism which is why ron paul has the support that he does from the people you are calling socialists and leftist. I actually talk to people on the left everyday because I know we need to educate them on the difference. I also have our mission statement posted on all my sites on the internet so I think I have a pretty good idea what we stand for. This movement was started by people like me who think like ron paul who said "freedom is popular" Divisive statements and name calling will get us no where so that is why i posted what I did. |
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On Thursday morning, in the hours just before the Philadelphia Regional Conference begins, I'll be speaking in Boca Raton at an economic forum put on by a private firm called The Commonwealth Group. Details here. Then I'll make my way to the C4L regional conference!
Categories: Education, Economy Tags:
Showing comments 1—1 of 1
Posted 09/15/09
 Champion Of Liberty Pembroke Pines, FL | Any discounts for the unemployed from the financial industry? :P |
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