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Race and Economics

Race and Economics

Walter E. Williams is one of the sharpest economic minds of his generation and this book is a must read for anyone interested in having an honest conversation about race.
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suggested
Leonard E. Read
I, Pencil
I, Pencil
The classic, short essay by Leonard E. Read remains one of the best introductions to the unseen complexity of the free market system.  Read it for FREE at econlib.org
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Bob Murphy
Contra Krugman
Contra Krugman
With a foreword by Ron Paul

This book is a relentless assault on the ideas of Krugman and on the Keynesian economics that would have the government direct the economy in order to maximize prosperity and prevent recessions.

In fact, the more they try to manage the economy the worse they make it - as during the housing bubble years when the Fed and the federal government colluded to gin up the housing market in order to keep the economy robust after 9/11. Oops.
Unfortunately for Krugman and his followers, Krugman is able to declare victory for Keynesianism only by citing highly selective data, by ignoring or misrepresenting his own predictions, or by misstating the views of his opponents. Krugman even claims to have predicted the housing bubble - after having called for the very policies that created it.
Economist Robert Murphy (PhD, NYU) has an uncanny ability to recall Krugman's columns and interviews and puts his command of this material to devastating use in this book. As Murphy shows, in no way can it be said that Keynesian analysis has won the day. To the contrary, the Austrian School - which has been critical of government intervention, particularly central banking - has been vindicated in episode after episode.
Topics include:
  • The Great Depression 
  • Obamacare
  • Krugman's predictions
  • Monetary policy
  • Climate change
  • Financial "reform"
  • Employment and wages
  • The minimum wage
  • Business cycles 
  • Stimulus
Listen to this book, and never lose a debate again.
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Robert Murphy
The Politically Incorrect Guide To The Great Depression And The New Deal
The Politically Incorrect Guide To The Great Depression And The New Deal
In this timely new P.I. Guide, Murphy reveals the stark truth: free market failure didn't cause the Great Depression and the New Deal didn't cure it. Shattering myths and politically correct lies, he tells why World War II didn't help the economy or get us out of the Great Depression; why it took FDR to make the Depression Great; and why Herbert Hoover was more like Obama and less like Bush than the liberal media would have you believe. Free-market believers and capitalists everywhere should have this on their bookshelf and in their briefcases.
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