I just finished Rothbard’s, Education: Free and Compulsory, and I must say I loved it! Now, I’m off to Block’s book, Privitization of the Roads and Highways.
But anyway, would you learn anything new from Peter Schiff’s books? Or are they just more or less a recap of what we already know as a part of the Mises community?
Schiff’s Crash Proof is a book about the US economy for the layman. For someone who has never heard of Austrian Economics. I don’t think Schiff ever refers to Mises or Austrian Economics one time in his book. He lays out common sense economics in his book as to why the USA is in such a dire situation and why we are in the fast lane for a dollar crisis.
After reading Crash Proof I dug a little deeper and found that Austrian Economics was the root of his book. If you have read books by Rothbard, Mises, Hazlitt, Hayek, and/or others then Crash Proof will not be an economic lesson. It will tell you how to invest your savings to hopefully protect yourself from a dollar crisis. It is an easy and I guess somewhat entertaining book to read.
If you’re new to Austrian Econ. then I recommend first reading Thomas Wood’s book “Meltdown”. Then read Schiff’s “Crash Proof 2.0”
It is an investment and an economics book. I think the most interesting part is where he talks about trade deficits. I can’t remember specifically what he says, but he concludes that governments should not have trade deficits, but balanced trade.
He also has a lot of analogies in it, that I think are interesting. But most of it you will probably already know about.