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Human Action - a treatise on laissez-faire capitalism by Ludwig von
Mises is a historically important and classic publication on
economics, and yet it can be an intimidating work due to its length
and formal style. Choice: Cooperation, Enterprise, and Human
Action, however, skillfully relays the main insights from Human
Action in a style that will resonate with modern readers. The book
assumes no prior knowledge in economics or other fields, and, when
necessary, it provides the historical and scholarly context
necessary to explain the contribution Mises makes on a particular
issue. To faithfully reproduce the material in Human Action, this
work mirrors its basic structure, providing readers with an
enjoyable and educational introduction to the lifes work of one of
history's most important economists.
Most commonly accepted economic "facts" are wrong Here's the
unvarnished, politically incorrect truth. The liberal media and
propagandists masquerading as educators have filled the world--and
deformed public policy--with politically correct errors about
capitalism and economics in general. In The Politically Incorrect
Guide(tm) to Capitalism, myth-busting professor Robert P. Murphy, a
scholar and frequent speaker at the Ludwig von Mises Institute,
cuts through all their nonsense, shattering liberal myths and
fashionable socialist cliches to set the record straight. Murphy
starts with a basic explanation of what capitalism really is, and
then dives fearlessly into hot topics like:
* Outsourcing (why it's good for Americans) and zoning restrictions
(why they're not)
* Why central planning has never worked and never will
* How prices operate in a free market (and why socialist schemes
like rent control always backfire)
* How labor unions actually hurt workers more than they help them
* Why increasing the minimum wage is always a bad idea
* Why the free market is the best guard against racism
* How capitalism will save the environment--and why Communist
countries were the most polluted on earth
* Raising taxes: why it is never "responsible"
* Why no genuine advocate for the downtrodden could endorse the
dehumanizing Welfare State
* The single biggest myth underlying the public's support for
government regulation of business
* Antitrust suits: usually filed by firms that lose in free
competition
* How tariffs and other restrictions "protect" privileged workers
but make other Americans poorer
* The IMF and World Bank: why they don't help poor countries
* Plus: Are you a capitalist pig? Take the quiz and find out
Breezy, witty, but always clear, precise, and elegantly reasoned,
The Politically Incorrect Guide(tm) to Capitalism is a solid and
entertaining guide to free market economics. With his twelve-step
plan for understanding the free market, Murphy shows why
conservatives should resist attempts to socialize America and fight
spiritedly for the free market.
LARGE PRINT EDITION More at LargePrintLiberty.com
Among the most advanced topics in the literature in the
Austro-libertarian milieu is that which deals with the workings of
the fully free society, that is, the society with no state, or
anarcho-capitalism. Robert Murphy deals with this head on, and
makes the first full contribution to this literature in the new
century. Working within a Rothbardian framework, he takes up the
challenge of Hans Hoppe regarding the role of market insurance in
property security to extend the analysis to the security of person.
His applications are part empirical and part speculative, but
unfailingly provocative, rigorous, and thoughtful. The title itself
refers to the supposed chaos that results from eliminating the
state but Murphy shows that out of chaos grows an ordered liberty.
Anyone interested in exploring the farthest reaches of anarchist
theory must come to terms with Murphy's account.
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