Book picks similar to
The Essential Henry Hazlitt by The Foundation for Economic Education
economics
economics-austrian-school
libertarianism
politics
Sonic Boom: Globalization at Mach Speed
Gregg Easterbrook - 2009
So what comes next? Growth will resume. But economic uncertainty will worsen, making what comes next not just a boom but a nerve-shattering SONIC BOOM. Gregg Easterbrook - who "writes nothing that is not brilliant" ("Chicago Tribune") - is a fount of unconventional wisdom, and over time, he is almost always proven right. Throughout 2008 and 2009, as the global economy was contracting and the experts were panicking, Easterbrook worked on a book saying prosperity is about to make its next big leap. Will he be right again? SONIC BOOM: Globalization at Mach Speed presents three basic insights. First, if you don't like globalization, brace yourself, because globalization has barely started. Easterbrook contends the world is about to become "far "more globally linked. Second, the next wave of global change will be primarily positive: economic prosperity, knowledge and freedom will increase more in the next 50 years than in all of human history to this point. But before you celebrate, Easterbrook further warns that the next phase of global change is going to drive us crazy. Most things will be good for most people - but nothing will seem certain for anyone. Each SONIC BOOM chapter is based on examples of cities around the world - in the United States, Europe, Russia, China, South America - that represent a significant Sonic Boom trend. With a terrific sense of humor, pitch-perfect reporting and clear, elegant prose, Easterbrook explains why economic recovery is on the horizon but why the next phase of global change will also give everyone one hell of a headache. "Forbes" calls Easterbrook "the best writer on complex topics in the United States" and SONIC BOOM will show you why.
Liberal Fascism: The Secret History of the American Left from Mussolini to the Politics of Meaning
Jonah Goldberg - 2007
Calling someone a fascist is the fastest way to shut them up, defining their views as beyond the political pale. But who are the real fascists in our midst? Liberal Fascism offers a startling new perspective on the theories and practices that define fascist politics. Replacing conveniently manufactured myths with surprising and enlightening research, Jonah Goldberg reminds us that the original fascists were really on the left, and that liberals from Woodrow Wilson to FDR to Hillary Clinton have advocated policies and principles remarkably similar to those of Hitler's National Socialism and Mussolini's Fascism. Contrary to what most people think, the Nazis were ardent socialists (hence the term -National socialism-). They believed in free health care and guaranteed jobs. They confiscated inherited wealth and spent vast sums on public education. They purged the church from public policy, promoted a new form of pagan spirituality, and inserted the authority of the state into every nook and cranny of daily life. The Nazis declared war on smoking, supported abortion, euthanasia, and gun control. They loathed the free market, provided generous pensions for the elderly, and maintained a strict racial quota system in their universities--where campus speech codes were all the rage. The Nazis led the world in organic farming and alternative medicine. Hitler was a strict vegetarian, and Himmler was an animal rights activist. Do these striking parallels mean that today's liberals are genocidal maniacs, intent on conquering the world and imposing a new racial order? Not at all. Yet it is hard to deny that modern progressivism and classical fascism shared the same intellectual roots. We often forget, for example, that Mussolini and Hitler had many admirers in the United States. W.E.B. Du Bois was inspired by Hitler's Germany, and Irving Berlin praised Mussolini in song. Many fascist tenets were espoused by American progressives like John Dewey and Woodrow Wilson, and FDR incorporated fascist policies in the New Deal. Fascism was an international movement that appeared in different forms in different countries, depending on the vagaries of national culture and temperament. In Germany, fascism appeared as genocidal racist nationalism. In America, it took a -friendlier, - more liberal form. The modern heirs of this -friendly fascist- tradition include the New York Times, the Democratic Party, the Ivy League professoriate, and the liberals of Hollywood. The quintessential Liberal Fascist isn't an SS storm trooper; it is a female grade school teacher with an education degree from Brown or Swarthmore. These assertions may sound strange to modern ears, but that is because we have forgotten what fascism is. In this angry, funny, smart, contentious book, Jonah Goldberg turns our preconceptions inside out and shows us the true meaning of Liberal Fascism.
We Wanted Workers: Unraveling the Immigration Narrative
George J. Borjas - 2016
As early as 1645, the Massachusetts Bay Colony began to prohibit the entry of “paupers.” Today, however, the notion that immigration is universally beneficial has become pervasive. To many modern economists, immigrants are a trove of much-needed workers who can fill predetermined slots along the proverbial assembly line.But this view of immigration’s impact is overly simplified, explains George J. Borjas, a Cuban-American, Harvard labor economist. Immigrants are more than just workers—they’re people who have lives outside of the factory gates and who may or may not fit the ideal of the country to which they’ve come to live and work. Like the rest of us, they’re protected by social insurance programs, and the choices they make are affected by their social environments.In We Wanted Workers, Borjas pulls back the curtain of political bluster to show that, in the grand scheme, immigration has not affected the average American all that much. But it has created winners and losers. The losers tend to be nonmigrant workers who compete for the same jobs as immigrants. And somebody’s lower wage is somebody else’s higher profit, so those who employ immigrants benefit handsomely. In the end, immigration is mainly just another government redistribution program.“I am an immigrant,” writes Borjas, “and yet I do not buy into the notion that immigration is universally beneficial. . . . But I still feel that it is a good thing to give some of the poor and huddled masses, people who face so many hardships, a chance to experience the incredible opportunities that our exceptional country has to offer.” Whether you’re a Democrat, a Republican, or an Independent, We Wanted Workers is essential reading for anyone interested in the issue of immigration in America today.
Planet Ponzi
Mitch Feierstein - 2012
Mitch Feierstein reveals the true debts of Britain, the US government and the eurozone - the full picture, not the figures the politicians would have us believe.In Planet Ponzi, Feierstein explains clearly the background to the world's worst financial crisis for seventy years, predicts the next steps in this infinitely dangerous game and offers practical advice on measures which you personally can take to protect yourself and your family.
The Rise of the Meritocracy
Michael Young - 1958
It would appear that the formula: IQ+Effort=Merit may well constitute the basic belief of the ruling class in the twenty-first century. Projecting himself into the year 2034, the author of this sociological satire shows how present decisions and practices may remold our society.It is widespread knowledge that it is insufficient to be somebody's nephew to obtain a responsible post in business, government, teaching, or science. Experts in education and selection apply scientific principles to sift out the leaders of tomorrow. You need intelligence rating, qualification, experience, application, and a certain caliber to achieve status. In a word, one must show merit to advance in the new society of tomorrow.In a new opening essay, Young reflects on the reception of his work, and its production, in a candid and lively way. Many of the critical ambiguities surrounding its original publication are now clarified and resolved. What we have is what the Guardian of London called "A brilliant essay." and what Time and Tide described as "a fountain gush of new ideas. Its wit and style make it compulsively enjoyable reading from cover to cover."
The Revolution Betrayed
Leon Trotsky - 1937
Written in 1936 and published the following year, this brilliant and profound evaluation of Stalinism from the Marxist standpoint prophesied the collapse of the Soviet Union and subsequent related events.The effects of the October Revolution led to the establishment of a nationalized planned economy, demonstrating the practicality of socialism for the first time. By the 1930s, however, the Soviet workers' democracy had crumbled into a state of bureaucratic decay that ultimately gave rise to an infamous totalitarian regime. Trotsky employs facts, figures, and statistics to show how Stalinist policies rejected the enormous productive potential of the nationalized planned economy in favor of a wasteful and corrupt bureaucratic system.Six decades after the publication of this classic, the shattering of Stalinist regimes in Russia and Eastern Europe has confused and demoralized countless political activists. The Revolution Betrayed offers readers of every political persuasion an insider's view of what went wrong.
Forty Centuries of Wage and Price Controls: How Not to Fight Inflation (LvMI)
Robert Lindsay Schuettinger - 1979
This outstanding history illustrates the utter futility of fighting the market process through legislation, which always uses despotic measures to yield socially catastrophic results.The book covers the ancient world, the Roman Republic and Empire, Medieval Europe, the first centuries of the United States and Canada, the French Revolution, the 19th century, World Wars I and II, the Nazis, the Soviets, postwar rent control, and the 1970s. It also includes a very helpful conclusion spelling out the theory of wage and price controls.This book is a treasure, and super entertaining!To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI
Bourgeois Dignity: Why Economics Can't Explain the Modern World
Deirdre Nansen McCloskey - 2010
It is how China and India began to embrace neoliberal ideas of economics and attributed a sense of dignity and liberty to the bourgeoisie they had denied for so long. The result was an explosion in economic growth and proof that economic change depends less on foreign trade, investment, or material causes, and a whole lot more on ideas and what people believe.Or so says Deirdre N. McCloskey in Bourgeois Dignity, a fiercely contrarian history that wages a similar argument about economics in the West. Here she turns her attention to seventeenth- and eighteenth-century Europe to reconsider the birth of the industrial revolution and the rise of capitalism. According to McCloskey, our modern world was not the product of new markets and innovations, but rather the result of shifting opinions about them. During this time, talk of private property, commerce, and even the bourgeoisie itself radically altered, becoming far more approving and flying in the face of prejudices several millennia old. The wealth of nations, then, didn’t grow so dramatically because of economic factors: it grew because rhetoric about markets and free enterprise finally became enthusiastic and encouraging of their inherent dignity.An utterly fascinating sequel to her critically acclaimed book The Bourgeois Virtues, Bourgeois Dignity is a feast of intellectual riches from one of our most spirited and ambitious historians—a work that will forever change our understanding of how the power of persuasion shapes our economic lives.
Where Do We Go from Here: Chaos or Community?
Martin Luther King Jr. - 1966
Martin Luther King, Jr., isolated himself from the demands of the civil rights movement, rented a house in Jamaica with no telephone, and labored over his final manuscript. In this prophetic work, which has been unavailable for more than ten years, he lays out his thoughts, plans, and dreams for America's future, including the need for better jobs, higher wages, decent housing, and quality education. With a universal message of hope that continues to resonate, King demanded an end to global suffering, asserting that humankind-for the first time-has the resources and technology to eradicate poverty.
Imperialism: The Highest Stage of Capitalism
Vladimir Lenin - 1916
VI Lenin's Imperialism: The Highest Stage of Capitalism was one of the first attempts to account for the increasing importance of the world market in the twentieth century. Originally published in 1916, Imperialism explains how colonialism and the First World War were inherent features of the global development of the capitalist economy.In a new introduction, Norman Lewis and James Malone contrast Lenin's approach with that adopted by contemporary theories of globalisation. They argue that, while much has changed since Lenin wrote, his theoretical framework remains the best method for understanding recent global developments.
The Problem of Political Authority: An Examination of the Right to Coerce and the Duty to Obey
Michael Huemer - 2012
What entitles the state to behave in this manner? And why should citizens obey its commands? This book examines theories of political authority, from the social contract theory, to theories of democratic authorization, to fairness- and consequence-based theories. Ultimately, no theory of authority succeeds, and thus no government has the kind of authority often ascribed to governments.The author goes on to discuss how voluntary and competitive institutions could provide the central goods for the sake of which the state is often deemed necessary, including law, protection from private criminals, and national security. An orderly and livable society thus does not require acquiescence in the illusion of political authority.
Retief: Gambler's World
Keith Laumer - 1961
Terra has recently signed a treaty with the planet Petreac. But revolution threatens and the Terrans must save the Nenni cast or their mission will end in abject failure.
A Companion to Marx's Capital
David Harvey - 2008
For nearly forty years, David Harvey has written and lectured on Capital, becoming one of the world’s most foremost Marx scholars.Based on his recent lectures, this current volume aims to bring this depth of learning to a broader audience, guiding first-time readers through a fascinating and deeply rewarding text. A Companion to Marx’s Capital offers fresh, original and sometimes critical interpretations of a book that changed the course of history and, as Harvey intimates, may do so again.David Harvey’s video lecture course can be found here: davidharvey.org/reading-capital/
The Conquest of Bread
Pyotr Kropotkin - 1892
A combination of detailed historical analysis and far-reaching Utopian vision, this is a step-by-step guide to social revolution: the concrete means of achieving it, and the world that humanity’s “constructive genius” is capable of creating. Includes a new introduction that historically situates and discusses the contemporary relevance of Kropotkin’s ideas.