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Book
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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Nassim Nicholas Taleb
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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Stefan Molyneux
Practical Anarchy: The Freedom of the Future
Imagine a world without government – this thought exercise seems impossible for many, because the power and reach of state monopolies is so omnipresent in our lives. However, there is no rational, economic or moral reason to assume that governments are necessary for the provision of roads, healthcare, charity, dispute resolution, courts, policing, national defense, jails – or any of the other services currently monopolized by the state.
Governments are extremely dangerous, responsible for over 250 million deaths in the 20th century alone – if it is possible to run a society without a government, surely this is something that we must strive towards as a species.
Practical Anarchy makes strong case for the private – that is to say voluntary – provision for public services. It reveals the idea of government as a dangerous and unnecessary anachronism, and points the way towards a peaceful and voluntary future for mankind.
Read moreGovernments are extremely dangerous, responsible for over 250 million deaths in the 20th century alone – if it is possible to run a society without a government, surely this is something that we must strive towards as a species.
Practical Anarchy makes strong case for the private – that is to say voluntary – provision for public services. It reveals the idea of government as a dangerous and unnecessary anachronism, and points the way towards a peaceful and voluntary future for mankind.
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