Read The Financial Crisis and the Free Market Cure
I have just finished reading John A. Allison's book, The Financial Crisis and the Free Market Cure: How Destructive Banking Reform Is Killing the Economy.
The author is the longest-serving CEO of a top-25 financial institution, having served as Chairman of BB&T for twenty years.
The basic theme of the book is an analysis of how government interference in business, especially banking, caused the financial crisis, and that removing government from economics is the only cure.
From the existence of the Fed, to FDIC insurance, to government housing subsides, the solution is the same; get government out of business!
It is shocking to learn of so many, concrete ways in which government has intervened in business in the name of solving economic problems; but in reality it actually causes them or makes them worse.
This book makes Ayn Rand's wisdom shine forth that every government intervention in economics always causes a violation to the Individual Rights to Life, Liberty, Property, and the Pursuit of Happiness.
Paul Wharton
Objectivist Capitalist Medicine Promoter
Special thanks to Eli Lilly & Co. (LLY) for being the fuel of my mind
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