Wayne Goddard's $50 Knife Shop-Original Edition 
http://www.amazon.ca/Wayne-Goddards-50-Knife-Shop/dp/0873419936


Paperback: 160 pages 
Publisher: Krause Publications (Jan 1 2001) 
Language: English 
ISBN-10: 0873419936 
ISBN-13: 978-0873419932 
Product Dimensions: 10.7 x 8.3 x 0.4 inches 
Shipping Weight: 5.6 ounces 


Book Description:

Outfitting a knifemaking shop doesn’t have to cost a fortune and Wayne Goddard shows hobbyists how to do it on a budget. Following on the heels of Goddard’s hot-selling how-to book, The Wonder of Knifemaking, this new book expands on information from Goddard’s popular column in Blade magazine to show knifemakers of all skill levels how to create helpful gadgets and supply their shop on a shoestring. 
This book is well illustrated with great photos and detailed diagrams showing the design and construction of all the tools needed to make knives. Every knifemaker will want to learn how Goddard can create or acquire knifemaking supplies at almost no cost. 
Practical tips for low-cost supplies
Home-built heat-treating equipment
Creating a knifemaker’s anvil 


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Comments:

He has a good simple get 'er done approach to equipping a knife shop with scrounged and recycled materials to build workshop equipment.

He stresses forging, which is interesting, but simple stock removal is where most makers would start.

Although this book is extremely popular for the beginner,
(It has a great title)
I find that it causes a lot of confusion for the beginner on a few points.
 
1.   Cable damascus is certainly interesting, but not a beginners project.

2.   His use of scrap yard steels is a fun approach, but the unknown identity of the steel means that the proper heat treating method is not known.  A very experienced smith can use his skill and experience to make a judgement, but that is not for the beginner the book is aimed at. Forget about saw and lawnmower blades, good quality proper steel is cheap.

3.   His use of homemade solid quenchant made of bacon grease, wax and automotive oil is not suitable.  
Proper commercial quenchants are available with different quench speeds and should be matched to the steel type used. 

The books by Jim Hrisoulas have better information, but this book is inexpensive, widely sold in a lot of stores and popular for getting many started. 

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