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Book
The Black Swan
A black swan is an event, positive or negative, that is deemed improbable yet causes massive consequences. In this groundbreaking and prophetic book, Taleb shows in a playful way that Black Swan events explain almost everything about our world, and yet we—especially the experts—are blind to them. In this second edition, Taleb has added a new essay, On Robustness and Fragility, which offers tools to navigate and exploit a Black Swan world.
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suggested
Thomas Sowell
Discrimination and Disparities
Discrimination and Disparities clearly explains why disparate outcomes are not always explained by discrimination. This book should be required reading for voters and politicians.
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Bob Murphy
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.
Connor Boyack
The Tuttle Twins Learn About The Law
Children are often taught that government protects our life, liberty, and property, but could it be true that some laws actually allow people to hurt us and take are things? Join Ethan and Emily Tuttle as they learn about property, pirates, and plunder. With the help of their neighbor Fred, the twins will need to figure out what they can do to stop the bad guys in the government. Frédéric Bastiat (1801-1850) was a French political economist and classical liberal who wrote The Law, upon which this book is based. Through fun illustrations and in engaging dialogue, young readers will be led to understand the principles of liberty and the proper role of government.
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