The Great Deformation

What Hacker News says

1. pcvarmintMar 2020
   Meltdown by Thomas E. Woods

   The Great Deformation by David Stockman

   The Fed Flunks: My Speech at the New York Federal Reserve Bank by Robert Wenzel

   Economics in One Lesson by Henry Hazlitt

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2. StuntPopeJan 2019
   Make no mistake, the bailouts were a catastrophe and NOT fine. The author says as much:

   "Compared to what I see as the inevitable “dual death spirals of MMT”, letting all those banksters fry in 2008 looks a lot more palatable in retrospect. David Stockman’s Great Deformation shows how the economy would have fully recovered by 2010 or 2011 instead of being where we are now: trapped at the Zero bound and headed toward democratic socialism and MMT."

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3. balnaphoneJul 2016
   "The Art of Profitability" by Adrian Slywotzky

   "The Myth of the Rational Voter" by Bryan Caplan

   "Fanatical Prospecting" by Jeb Blount

   "Fooling Some of the People All of the Time" by David Einhorn

   "Confidence Game" by Christine Richard

   "Mouth Matters; How Your Mouth Ages Your Body and What YOU Can Do About It" by Carol Vander Stoep

   "Adventures in Stochastic Processes" by Sidney & Resnick

   "The Great Deformation" by David Stockman

   "Efficient Electrical Systems Design Handbook" by Thumann & Franz

   "The Goal" by Eliyahu Goldratt

   "Notes on Discrete Mathematics" by Miguel Lerma

   "Stochastic Calculus with Infinitesimals" by Frederik S. Herzberg

   "Information Theory, Inference, and Learning Algorithms" by David Mackay

   "Coming Apart" by Charles Murray

   "The Collapse of Complex Societies" by Joseph Tainter

   "In Other Words: The Science And Psychology Of Second-language Acquisition" by Ellen Bialystok and Kenji Hakuta

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4. bitcoin-trutherJan 2015
   This book [1] says the popular narrative is wrong, and that "mom & pop" businesses/households were never in danger. It wasn't a bank bailout to save accounts... that would have been covered by an existing program like the FDIC[2]. It was, rather a hedge-fund / gamblers bailout.

   [1] http://www.amazon.com/Great-Deformation-Corruption-Capitalis...

   [2] Technically the FDIC has a trivial amount of money, this link [3] shows how laughable it is in the casino of Wall St.

   [3] http://demonocracy.info/infographics/usa/fdic/fdic.html

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5. timtasDec 2014
   From a guy who wrote a 768 page book [1] about this:

   "The 'small profit', along with most of the so-called 'recovery' of Uncle Sam’s $426 billion initial investment, was ground out of the backs of America’s savers and depositors; or it was scalped from the massive financial bubbles the Fed has generated in the Wall Street casino." [2]

   [1] http://www.amazon.com/The-Great-Deformation-Corruption-Capit...

   [2] http://davidstockmanscontracorner.com/the-greater-abominatio...

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