The Politically Incorrect Guide to Capitalism

The Politically Incorrect Guide to Capitalism

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by Robert P. Murphy
     
 

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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

Overview

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.

Product Details

ISBN-13:
9781596986176
Publisher:
Regnery Publishing
Publication date:
04/09/2007
Series:
Politically Incorrect Guides
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
206
Sales rank:
722,889
File size:
1 MB

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The Politically Incorrect Guide to Capitalism 4.4 out of 5 based on 0 ratings. 7 reviews.
Anonymous More than 1 year ago
Obama and Paul Ryan both need to read this book -it explains why both are disasters for the economy.
PICBT More than 1 year ago
Excellently written, easy to understand, and the content is right on!
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