Economics think-tank fellow and author to give Rembert lecture

April 27, 2010

Thomas E. Woods, Jr., senior fellow at the libertarian Ludwig von Mises Institute and bestselling author of nine books including most recently, “Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse,” will present the annual Rembert Enterprise Economics Lecture at 4 p.m. April 29 in Decker College Forum.

In this latest New York Times bestseller “Meltdown,” Woods prescribes that the government stop the bailouts, cut spending, allow businesses to fail, and the market to make its own adjustments. Woods argues that the only way to rebuild our economy is by returning to the fundamentals of capitalism and letting the free market work.

More recently, Woods has been featured in the national media advocating for states’ rights, a remedy against unconstitutional federal power. His new book entitled “Nullification,” is due out in late June.

Woods holds a bachelor's degree in history from Harvard and his master's, M.Phil., and Ph.D. from Columbia University. He was the recipient of the 2004 O.P. Alford III Prize for Libertarian Scholarship and of an Olive W. Garvey Fellowship from the Independent Institute in 2003. He has also been awarded two Humane Studies Fellowships and a Claude R. Lambe Fellowship from the Institute for Humane Studies at George Mason University and a Richard M. Weaver Fellowship from the Intercollegiate Studies Institute. He also won the $50,000 first prize in the 2006 Templeton Enterprise Awards for his book “The Church and the Market.”

The annual lecture was established in 2008 by Donald Rembert ’61 and Judith Ellis Rembert ’60. A member of the McDaniel Board of Trustees, Donald is a financial advisor and advocate for free-market economics and supports this lecture to give students an appreciation for entrepreneurship.

This event is organized by the Omicron Delta Epsilon honor society.