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Ayn Rand wrote and lectured on economic concepts and topics. This volume addresses the economic and business aspects of her writings. The authors of this anthology are from a variety of fields and all of them are enthusiastic supporters of her ideas.
Economist Bryan Caplan makes a bold case for unrestricted immigration in this fact-filled graphic nonfiction. American policy-makers have long been locked in a heated battle over whether, how many, and what kind of immigrants to allow to live and work in the country. Those in favor of welcoming more immigrants often cite humanitarian reasons, while those in favor of more restrictive laws argue the need to protect native citizens. But economist Bryan Caplan adds a new, compelling perspective to the immigration debate: He argues that opening all borders could eliminate absolute poverty worldwide and usher in a booming worldwide economy--greatly benefiting humanity. With a clear and conversational tone, exhaustive research, and vibrant illustrations by Zach Weinersmith, Open Borders makes the case for unrestricted immigration easy to follow and hard to deny.
Why we need to stop wasting public funds on education Despite being immensely popular-and immensely lucrative-education is grossly overrated. Now with a new afterword by Bryan Caplan, this explosive book argues that the primary function of education is not to enhance students' skills but to signal the qualities of a good employee. Learn why students hunt for easy As only to forget most of what they learn after the final exam, why decades of growing access to education have not resulted in better jobs for average workers, how employers reward workers for costly schooling they rarely ever use, and why cutting education spending is the best remedy. Romantic notions about education being "good for the soul" must yield to careful research and common sense-The Case against Education points the way.
Why we need to stop wasting public funds on education Despite being immensely popular--and immensely lucrative-education is grossly overrated. In this explosive book, Bryan Caplan argues that the primary function of education is not to enhance students' skill but to certify their intelligence, work ethic, and conformity-in other words, to signal the qualities of a good employee. Learn why students hunt for easy As and casually forget most of what they learn after the final exam, why decades of growing access to education have not resulted in better jobs for the average worker but instead in runaway credential inflation, how employers reward workers for costly schooling they rarely if ever use, and why cutting education spending is the best remedy. Caplan draws on the latest social science to show how the labor market values grades over knowledge, and why the more education your rivals have, the more you need to impress employers. He explains why graduation is our society's top conformity signal, and why even the most useless degrees can certify employability. He advocates two major policy responses. The first is educational austerity. Government needs to sharply cut education funding to curb this wasteful rat race. The second is more vocational education, because practical skills are more socially valuable than teaching students how to outshine their peers. Romantic notions about education being "good for the soul" must yield to careful research and common sense-The Case against Education points the way.
"Caplan offers readers a delightful mixture of economics, political science, psychology, philosophy, and history to resolve a puzzle that, at one time or another, has intrigued every student of public policy."--N. Gregory Mankiw, Harvard University, former chairman of the President's Council of Economic Advisers "Why democracies so often make a hash out of economic policy is one of the great questions of political economy. Bryan Caplan suggests some provocative, and highly original, answers. This book may make you smile or it may make you scowl, but it will definitely not make you bored."--Alan S. Blinder, Princeton University "The Myth of the Rational Voter discredits the fashionable view that democratic politics necessarily prevents socially harmful policies. Voters lack incentives to become well informed about political controversies, Bryan Caplan shows, and their policy choices tend to be based on deeply, persistently, and systematically mistaken models of reality. Caplan's findings lead inexorably to the conclusion that democratic governance can be improved only through reforms based on realistic assumptions about human cognition. Anyone concerned about political efficiency should read this elegant book carefully."--Timur Kuran, author of "Islam and Mammon" "Bryan Caplan blends economics, political science, and psychology in an arresting and informative polemic that is witty, crisp, cogent, provocative, and timely. You may or may not agree with his assessment of our democracy, but you will be entertained, challenged, and perhaps angered, but also enlightened."--Scott Keeter, Pew Research Center "The argument Caplan offers is basically right and is extremely important. Isuspect this book will stir up a certain amount of controversy. The argument challenges conventional public choice in that it radically undermines the notion of substantively rational voting. At the same time, it is in the same skeptical tradition as public-choice orthodoxy, challenging the claims of democratic enthusiasts. It is a book that deserves to be taken very seriously."--Geoffrey Brennan, coauthor of "The Economy of Esteem" "Poorly informed voters are a big problem in democracy, and Caplan makes the interesting argument that this is not necessarily a problem that can be easily fixed--it may be fundamental to the system. Caplan thinks that voting itself is the problem."--Andrew Gelman, Columbia University
In Selfish Reasons to Have More Kids , contrarian economist Bryan Caplan argues that we've needlessly turned parenting into an unpleasant chore, and don't know the real plusses and minuses of having kids. Parents today spend more time investing in their kids than ever, but twin and adoption research shows that upbringing is much less important than we imagine, especially in the long-run. Kids aren't like clay that parents mould for life they're more like flexible plastic that pops back to its original shape once you relax your grip. These revelations are wonderful news for anyone with kids. Being a great parent is less work and more fun than you think,so instead of struggling to change your children, you can safely relax and enjoy your journey together. Raise your children in the way that feels right for you they'll still probably turn out just fine. Indeed, as Caplan strikingly argues, modern parents should have more kids. Parents who endure needless toil and sacrifice are overcharging themselves for every child. Once you escape the drudgery and worry that other parents take for granted, bringing another child into the world becomes a much better deal. You might want to stock up.
Ayn Rand wrote and lectured on economic concepts and topics. This volume addresses the economic and business aspects of her writings. The authors of this anthology are from a variety of fields and all of them are enthusiastic supporters of her ideas.
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