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Book
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.
In short, it is the story of what makes us human.
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Tom Woods
The Politically Incorrect Guide to American History
Claiming that most textbooks and popular history books were written by biased left-wing writers and scholars, historian Thomas Woods offers this guide as an alternative to "the stale and predictable platitudes of mainstream
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Bob Murphy
Chaos Theory
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. This volume contains:Foreword Introduction (Jeremy Sapienza) I. Private Law II. Private Defens
Nassim Nicholas Taleb
Fooled By Randomness
If you are not reading Nassim Taleb, you are living under a rock. This book improves your thinking and includes unique insights on Austrian Economics, John Maynard Keynes, and Milton Friedman.
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