The 5 Big Lies About American Business: Combating Smears Against the Free Market Economy

The 5 Big Lies About American Business: Combating Smears Against the Free Market Economy

4.0 7
by Michael Medved
     
 

View All Available Formats & Editions

Talk radio's Michael Medved, bestselling author of The 10 Big Lies About America, sets the record straight about the free-market system and the destructive distortions of its most determined detractors.

When successful people earn more money, it doesn't mean less of anything-and in fact means more growth, more investment, more jobs. Creating wealth doesn't cause

…  See more details below

Overview

Talk radio's Michael Medved, bestselling author of The 10 Big Lies About America, sets the record straight about the free-market system and the destructive distortions of its most determined detractors.

When successful people earn more money, it doesn't mean less of anything-and in fact means more growth, more investment, more jobs. Creating wealth doesn't cause poverty, it brings progress. There is no such thing as "obscene" profits-only obscene losses.

Official bureaucracies never make money, they only take money that's been earned in the private sector by giving people some product that they choose to buy. The free marketplace allows individual choices every day, but government permits only group decisions by big electorates every few years.

This isn't the first or worst downturn in the nation's history, and the economy will come roaring back, as always, with enhanced efficiency. Socialists have celebrated the imminent death of capitalism for nearly 200 years-while big government experiments everywhere faced collapse or reform. Present pain can't erase the growth that's given Americans privileges and possibilities our own grandparents couldn't imagine.

Read More

Product Details

ISBN-13:
9780307464941
Publisher:
Crown Publishing Group
Publication date:
12/01/2009
Pages:
272
Product dimensions:
6.00(w) x 9.20(h) x 1.20(d)

Meet the Author

MICHAEL MEDVED’s daily three-hour radio program, The Michael Medved Show, reaches more than four million listeners on more than two hundred stations coast to coast. He is the author of eleven other books, including the bestsellers The 10 Big Lies About America, Hollywood vs. America, Hospital, and What Really Happened to the Class of ’65?, and is a member of USA Today ’s board of contributors. For more than a decade he cohosted Sneak Previews, PBS’s weekly movie review show. An honors graduate of Yale, Medved lives with his family in the Seattle area.

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >

The 5 Big Lies About American Business: Combating Smears Against the Free-Market Economy 4 out of 5 based on 0 ratings. 7 reviews.
Anonymous More than 1 year ago
"the 5 big lies about american bussiness" is a very remarkable bestseller and very hard to put down.the arthur michael medved challenges the 5 biggest untruths about capitalism and presents some amazing facts and documentations and counter arguments to show that ccapitalism and big bussiness does work and not only that the athur challenges the critics with some fasinating facts in this easy to read book. great gift idea for friends and family.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago