OIL 101 is a straightforward guide to oil and an essential read for anyone coming to grips with where oil prices, the economy and society are headed.In OIL 101, Downey provides the facts one needs to understand oil, from its history and chemistry, to refining, finished products, storage, transportation, alternatives, and how prices are determined every day in global wholesale oil markets and how those markets are connected to prices at the pump.

    Unlike “mainstream” economists who are content to spin mathematical model after mathematical model which explain little or nothing about the real world, DiLorenzo’s focus has always been just the opposite—to use economic understanding to gain a better understanding of how the political-economic world works. Austrian economics is indispensable to succeed at this task. The book is divided into six sections: “Coercion and Regulation” analyzes various aspects of government regulation of business; “Politics and Thieves” is of course about the inherent nature of government; “Centralization versus Liberty” discusses the never-ending quest by statists to monopolize and centralize political power so as to isolate themselves as much as possible from public influence; “Money and the State” describes the myriad evils of central banking, which was always thought of by its original proponents in America as an engine of corruption; “Workers and Unions” discusses various labor union myths and superstitions that too often cloud the public’s thinking about the reality of labor markets; and “Truth and Lies about Markets” is a taxonomy of some of the main market-failure myths that have long been used to illegitimately advance the cause of economic interventionism, as well as some newer ones.In Organized Crime: The Unvarnished Truth About Government, Thomas J. DiLorenzo strips away the vast apparatus of establishment propaganda and exposes the government smokescreen. No statist lies are safe from his scrutiny. In his straightforward and methodical approach to uncovering truths of freedom, liberty has a champion.

     During a single historic weekend (September 12-14, 2008) the fate of Lehman Brothers was sealed, Merrill Lynch barely survived, and AIG became a ward of the federal government. Top CNBC anchor Maria Bartiromo spent the entire weekend taking frantic phone calls from the most powerful players on Wall Street and in Washington, as they toiled to keep the economy from complete collapse. Those CEOs and dozens of other sources gave Bartiromo behind-the-scenes details unavailable to other members of the media, of the crisis and its aftermath. Now she draws on her high-level network to provide an eyewitness account of the biggest events of the financial crisis including at length interviews with former treasury secretary Henry Paulson, former AIG chairman Hank Greenberg, former Merrill Lynch CEO John Thain, and JP Morgan CEO Jamie Dimon, among many others. Writing with both authority and dramatic flair, Bartiromo weaves a thrilling narrative that will make news. She also tackles the big questions: how did an unmatched period of market euphoria and growth turn sour, catapulting the economy into a dangerous slide? And in the long run, how will the near-catastrophe really change Wall Street?

    Baran-Paul M. Sweezy Memorial Award for an original monograph concerned with the political economy of imperialism, John Smith's Imperialism in the Twenty-First Century is a seminal examination of the relationship between the core capitalist countries and the rest of the world in the age of neoliberal globalization.Deploying a sophisticated Marxist methodology, Smith begins by tracing the production of certain iconic commodities-the T-shirt, the cup of coffee, and the iPhone-and demonstrates how these generate enormous outflows of money from the countries of the Global South to transnational corporations headquartered in the core capitalist nations of the Global North. From there, Smith draws on his empirical findings to powerfully theorize the current shape of imperialism. He argues that the core capitalist countries need no longer rely on military force and colonialism (although these still occur) but increasingly are able to extract profits from workers in the Global South through market mechanisms and, by aggressively favoring places with lower wages, the phenomenon of labor arbitrage. Meticulously researched and forcefully argued, Imperialism in the Twenty-First Century is a major contribution to the theorization and critique of global capitalism.

    He argued that there are only two possible archetypes in economic affairs: socialism and capitalism. All systems are combinations of those two types. The capitalist model he defines as pure protection of private property, free association, and exchange — no exceptions. All deviations from that ideal are species of socialism, with public ownership and interference with trade.Within the structure of socialism, he distinguishes between left and right versions. "Conservative" socialism favors high regulation, behavioral controls, protectionism, and nationalism. The "liberal" version tends more toward outright public ownership and redistribution.The consequences of socialism vary based on their degree and kind, but they have similarities: high costs, resource waste, low growth.This treatise has long been out of print, but is now available again for use in comparative-systems classes and for an orientation to the theory of economic systems. The theoretical apparatus is Rothbardian to the core, and its main contribution is to provide an organizing principle for understanding the structure of real-world economies as measured against pure types.A tour de force.To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI

    Applying economic analysis to the subjects of the political scientist, sociologist, and economist, Mancur Olson examines the extent to which the individuals that share a common interest find it in their individual interest to bear the costs of the organizational effort.The theory shows that most organizations produce what the economist calls "public goods"--goods or services that are available to every member, whether or not he has borne any of the costs of providing them. Economists have long understood that defense, law, and order were public goods that could not be marketed to individuals, and that taxation was necessary. They have not, however, taken account of the fact that private as well as governmental organizations produce public goods.The services the labor union provides for the worker it represents, or the benefits a lobby obtains for the group it represents, are public goods: they automatically go to every individual in the group, whether or not he helped bear the costs. It follows that, just as governments require compulsory taxation, many large private organizations require special (and sometimes coercive) devices to obtain the resources they need. This is not true of smaller organizations for, as this book shows, small and large organizations support themselves in entirely different ways. The theory indicates that, though small groups can act to further their interest much more easily than large ones, they will tend to devote too few resources to the satisfaction of their common interests, and that there is a surprising tendency for the "lesser" members of the small group to exploit the "greater" members by making them bear a disproportionate share of the burden of any group action.All of the theory in the book is in Chapter 1; the remaining chapters contain empirical and historical evidence of the theory's relevance to labor unions, pressure groups, corporations, and Marxian class action.

    But, in the great texts of that discourse, these writers downplayed a crucial requirement for capitalism’s creation: For it to succeed, peasants would have to abandon their self-sufficient lifestyle and go to work for wages in a factory. Why would they willingly do this? Clearly, they did not go willingly. As Michael Perelman shows, they were forced into the factories with the active support of the same economists who were making theoretical claims for capitalism as a self-correcting mechanism that thrived without needing government intervention. Directly contradicting the laissez-faire principles they claimed to espouse, these men advocated government policies that deprived the peasantry of the means for self-provision in order to coerce these small farmers into wage labor. To show how Adam Smith and the other classical economists appear to have deliberately obscured the nature of the control of labor and how policies attacking the economic independence of the rural peasantry were essentially conceived to foster primitive accumulation, Perelman examines diaries, letters, and the more practical writings of the classical economists. He argues that these private and practical writings reveal the real intentions and goals of classical political economy—to separate a rural peasantry from their access to land. This rereading of the history of classical political economy sheds important light on the rise of capitalism to its present state of world dominance. Historians of political economy and Marxist thought will find that this book broadens their understanding of how capitalism took hold in the industrial age.

    Shiva shows that a world beyond dependence on fossil fuels and globalization is both possible and necessary.Condemning industrial agriculture as a recipe for ecological and economic disaster, Shiva’s champion is the small, independent farm: their greater productivity, their greater potential for social justice as they put more resources into the hands of the poor, and the biodiversity that is inherent to the traditional farming practiced in small-scale agriculture. What we need most in a time of changing climates and millions hungry, she argues, is sustainable, biologically diverse farms that are more resistant to disease, drought, and flood. In her trademark style, she draws solutions to our world’s most pressing problems on the head of a pin: “The solution to climate change,” she observes, “and the solution to poverty are the same.”Using Shiva’s organization Navdanya—praised by Barbara Kingsolver as “a small, green Eden framed against the startling blue backdrop of the Himalayas”—as a model, Soil Not Oil lays out principles for feeding the planet that are socially just and environmentally sound. Shiva then expands her analysis to broader issues of globalization and climate change, arguing that a healthy environment and a just world go hand in hand. Unwavering and truly visionary, Soil Not Oil proposes a solution based on self-organization, sustainability, and community rather than corporate power and profits.A world-renowned environmental leader and thinker, Vandana Shiva is the author of many books, including Earth Democracy, Water Wars, and Staying Alive. She is the editor of Manifestos on the Future of Food and Seed.

    This is the book which, when first published in 1965, caused such an uproar in the US State Department that a sharp note of protest was sent to Kwame Nkrumah and the $25million of American "aid" to Ghana was promptly cancelled.

    Kevin Passmore opens his book with a series of scenes from fascist life--a secret meeting of the Romanian Iron Guard; Mussolini meeting the king of Italy; a rally of Hungarian doctors calling for restrictions on the number of Jews entering the profession. He then looks at the paradoxes of fascism through its origins in the political and social crisis of the late nineteenth century, the history of fascist movements and regimes in Italy and Germany, and the fortunes of failed fascist movements in Romania, Hungary and Spain. He shows how fascism employs propaganda and popular culture to propagate itself and how it exported its ideas outside Europe, through Nazi and Spanish post-war escape routes to Latin America. The book concludes with a discussion of the recent revival of the extreme right in Austria, Italy, France, and Russia.

    Since World War II we have been conditioned to believe that America's motives in 'exporting' democracy are honorable, even noble. In this startling and provocative book, William Blum, a leading dissident chronicler of US foreign policy and the author of controversial bestseller Rogue State, argues that nothing could be further from the truth. Moreover, unless this fallacy is unlearned, and until people understand fully the worldwide suffering American policy has caused, we will never be able to stop the monster.

    His masterly analysis portrays the public's growing concern over this unequal distribution of wealth and the Republican policies that enhanced the imbalance. A national bestseller in hardcover.

    A scientific study of the political and economic factors influencing democratic decision making

    With The Poorer Nations, Prashad takes up the story where he left off.Since the ’70s, the countries of the Global South have struggled to build political movements. Prashad analyzes the failures of neoliberalism, as well as the rise of the BRICS countries, the World Social Forum, issuebased movements like Via Campesina, the Latin American revolutionary revival—in short, efforts to create alternatives to the neoliberal project advanced militarily by the US and its allies and economically by the IMF, the World Bank, the WTO, and other instruments of the powerful. Just as The Darker Nations asserted that the Third World was a project, not a place, The Poorer Nations sees the Global South as a term that properly refers not to geographical space but to a concatenation of protests against neoliberalism.In his foreword to the book, former Secretary-General of the United Nations Boutros Boutros-Ghali writes that Prashad “has helped open the vista on complex events that preceded today’s global situation and standoff.” The Poorer Nations looks to the future while revising our sense of the past.

    Each item is accompanied by relevant notes about China’s social system, history and culture for readers’ reference. It also includes 45 photos taken at different stages of Xi’s life, providing readers with more information about his work and life.The publication of this book in various languages is of great significance. It will contribute to interpreting the concepts and principles of governance of the CPC leadership, and help the international community to learn more about and better understand China’s ideas, path of development, domestic and foreign policies, and response to international concerns about China.