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What Has Government Done To Our Money
When this gem first appeared in 1963, it took the form of a small paperback designed for mass distribution. We've conjured up that spirit again with this special edition of Rothbard's primer on money and government. Innumerable economists, investors, commentators, and authors have learned from this book through the decades. After fifty years, it remains the best book in print on the topic, a real manifesto of sound money. Rothbard boils down the Austrian theory to its essentials. The book also made huge theoretical advances. Rothbard was the first to prove that the government, and only the government, can destroy money on a mass scale, and he showed exactly how they go about this dirty deed. But just as importantly, it is beautifully written. He tells a thrilling story because he loves the subject so much. The passion that Murray feels for the topic comes through in the prose and transfers to the reader. Readers become excited about the subject, and tell others. Students tell professors. Some, like the great Ron Paul of Texas, have even run for political office after having read it. Rothbard shows precisely how banks create money out of thin air and how the central bank, backed by government power, allows them to get away with it. He shows how exchange rates and interest rates would work in a true free market. When it comes to describing the end of the gold standard, he is not content to describe the big trends. He names names and ferrets out all the interest groups involved. Since Rothbard's death, scholars have worked to assess his legacy, and many of them agree that this little book is one of his most important. Though it has sometimes been inauspiciously packaged and is surprisingly short, its argument took huge strides toward explaining that it is impossible to understand public affairs in our time without understanding money and its destruction.
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suggested
Michael Malice
Dear Reader: The Unauthorized Autobiography of Kim Jong Il
No country is as misunderstood as North Korea, and no modern tyrant has remained more mysterious than the Dear Leader, Kim Jong Il. Now, celebrity ghostwriter Michael Malice pulls back the curtain to expose the life story of the "Incarnation of Love and Morality." Taken directly from books spirited out of Pyongyang, DEAR READER is a carefully reconstructed first-person account of the man behind the mythology.
Read moreFrom his miraculous rainbow-filled birth during the fiery conflict of World War II, Kim Jong Il watched as his beloved Korea finally earned its freedom from the cursed Japanese. Mere years later, the wicked US imperialists took their chance at conquering the liberated nation—with devastating results. But that's only the beginning of the Dear Leader's story.
Ayn Rand
The Virtue Of Selfishness
Ayn Rand here sets forth the moral principles of Objectivism, the philosophy that holds human life—the life proper to a rational being—as the standard of moral values and regards altruism as incompatible with man's nature, with the creative requirements of his survival, and with a free society.
Read more
H.L. Mencken
Notes on Democracy
Even if you think you have read it all, this book will rattle you to the very core, for it causes a rethinking of the whole structure of the political system. But Mencken also shows that he is more than a cynic, contrary to his reputation. What shines through this treatise is a deep attachment to liberty and a search for some way to protect it from the attack of the mob, which he regards as liberty's greatest enemy.
If there really were a banned book list in the annals of American statescraft, this would surely be on it. It is not for the faint of heart. Read it, and pass it around, as a revolutionary act.
Read moreIf there really were a banned book list in the annals of American statescraft, this would surely be on it. It is not for the faint of heart. Read it, and pass it around, as a revolutionary act.
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