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Money Mania

Money Mania

Money Mania is a sweeping account of financial speculation and its consequences, from ancient Rome to the Meltdown of 2008. Acclaimed journalist and investor Bob Swarup tracks the history of speculative fevers caused by the appearance of new profitable investment opportunities; the new assets created and the increasing self-congratulatory euphoria that drives them to unsustainable highs, all fed by an illusion of insight and newly minted experts; the unexpected catalysts that eventually lead to panic; the inevitable crash as investors scramble to withdraw their funds from the original market and any other that might resemble it; and finally, the brevity of financial memory that allows us to repeat the cycle without ever critically evaluating the drivers of this endless cycle.

In short, it is the story of what makes us human.
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Liberty Portal is a gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important lessons from economics, philosophy, history and more.
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Tom Woods
33 Questions About American History You’re Not Supposed to Ask
33 Questions About American History You’re Not Supposed to Ask
News flash: The Indians didn’t save the Pilgrims from starvation by teaching them to grow corn. The “Wild West” was more peaceful and a lot safer than most modern cities. And the biggest scandal of the Clinton years didn’t involve an intern in a blue dress. 

Surprised? Don’t be. In America, where history is riddled with misrepresentations, misunderstandings, and flat-out lies about the people and events that have shaped the nation, there’s the history you know and then there’s the truth. In 33 Questions About American History You’re Not Supposed to Ask, New York Times bestselling author Thomas E. Woods Jr. reveals the tough questions about our nation’s history that have long been buried because they’re too politically incorrect to discuss, including:
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Hans Herman Hoppe
The Economics and Ethics of Private Property
The Economics and Ethics of Private Property
"Do not steal" is an excellent principle of ethics; it is also the first principle of sound economic systems. In our time, no one has done more than Hans-Hermann Hoppe to elaborate on the sociological implications of this truth. And this is his great work on the topic.
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FA Hayek
The Road To Serfdom
The Road To Serfdom
An unimpeachable classic work in political philosophy, intellectual and cultural history, and economics, The Road to Serfdom has inspired and infuriated politicians, scholars, and general readers for half a century. Originally published in 1944—when Eleanor Roosevelt supported the efforts of Stalin, and Albert Einstein subscribed lock, stock, and barrel to the socialist program—The Road to Serfdom was seen as heretical for its passionate warning against the dangers of state control over the means of production. For F. A. Hayek, the collectivist idea of empowering government with increasing economic control would lead not to a utopia but to the horrors of Nazi Germany and Fascist Italy.

First published by the University of Chicago Press on September 18, 1944, The Road to Serfdom garnered immediate, widespread attention. The first printing of 2,000 copies was exhausted instantly, and within six months more than 30,000 books were sold. In April 1945,Reader’s Digest published a condensed version of the book, and soon thereafter the Book-of-the-Month Club distributed this edition to more than 600,000 readers. A perennial best seller, the book has sold 400,000 copies in the United States alone and has been translated into more than twenty languages, along the way becoming one of the most important and influential books of the century.
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