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The Politically Incorrect Guide To Capitalism
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.
* 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.
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Hey – seriously - congratulations on your new political post!
If you are reading this, it means that you have ascended to the highest levels of government, so it’s really, re-ally important that you don’t do or say anything stupid, and screw things up for the rest of us.
The first thing to remember is that you are a figurehead, about as relevant to the direction of the state as a hood ornament is to the direction of a car – but you are a very important distraction, the “smiling face” of the fist of power. So hold your nose, kiss the babies, and just think how good you would look on a stamp. A stamp, for mail… No, not email, mail. Never mind, we’ll explain later.
Now, before we go into your media responsibilities, you must understand the true history of political power, so you don’t accidentally act on the naïve idealism you are required to project to
Read moreIf you are reading this, it means that you have ascended to the highest levels of government, so it’s really, re-ally important that you don’t do or say anything stupid, and screw things up for the rest of us.
The first thing to remember is that you are a figurehead, about as relevant to the direction of the state as a hood ornament is to the direction of a car – but you are a very important distraction, the “smiling face” of the fist of power. So hold your nose, kiss the babies, and just think how good you would look on a stamp. A stamp, for mail… No, not email, mail. Never mind, we’ll explain later.
Now, before we go into your media responsibilities, you must understand the true history of political power, so you don’t accidentally act on the naïve idealism you are required to project to
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