The Ponzi Factor: The Simple Truth About Investment Profits


Tan Liu - 2018
    First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as self-evident." --Arthur SchopenhauerThe Ponzi Factor is the most comprehensive research ever compiled on the negative-sum nature of capital gains (non-dividend stocks). The book shows why, as a whole, ALL investors will lose money from buying and selling stocks.Most people don’t realize that profits from buying and selling stocks come from other investors who are also buying and selling stocks. When one investor buys low and sells high, another investor is also buying high and needs to sell for even higher. Companies like Google, Telsa, Facebook never pay their investors. Their investors’ profits are dependent on the inflow of money from new investors, which by definition, is how a Ponzi scheme works.This book is not for everyone. If you are a finance junkie who wants to rationalize why companies don’t have to pay their investors and believe a system that shuffles money between investor can magically create more money than people contribute, then this book is not for you. On the other hand, if you understand why we can’t create money by shuffling it with imaginary paper, and that investors invest because they want money, not value, then you will learn something you will never forget: The mechanics of how the stock market works and what really makes a stock price move.A stock without dividends is a Ponzi asset. It’s not how equity instruments were designed to work historically and not how ownership instruments are supposed to work logically. The Ponzi Factor is not a perspective or an opinion. It is a proof that is based on definition, logic, and it is supported by observable facts and history. This is not a story that will disappear after another market crash. It is an idea that will remain relevant for as long as the stock market exists.Lastly, to critics, the naysayer, and the finance junkies who think the imaginary value = cash. The author will award $20,000 to anyone who can show why non-dividend stocks DO NOT meet the definition of a Ponzi scheme. That’s $20,000 in cash, not value. (Details on this book's website. The Ponzi Factor. Proof by Definition.)

Churchill's Trial: Winston Churchill and the Salvation of Free Government


Larry P. Arnn - 2014
    To know the full Churchill is to understand the combination of boldness and caution, of assertiveness and humility, that defines statesmanship at its best. With fresh perspective and insights based on decades of studying and teaching Churchill, Larry P. Arnn explores the greatest challenges faced by Churchill over the course of his extraordinary career, both in war and peace—and always in the context of Churchill’s abiding dedication to constitutionalism.Churchill’s Trial is organized around the three great challenges to liberty that Churchill faced: Nazism, Soviet communism, and his own nation’s slide toward socialism. Churchill knew that stable free government, long enduring, is rare, and hangs upon the balance of many factors ever at risk. Combining meticulous scholarship with an engrossing narrative arc, this book holds timely lessons for today. Arnn says, “Churchill’s trial is also our trial. We have a better chance to meet it because we had in him a true statesman.”In a scholarly, timely, and highly erudite way, Larry Arnn puts the case for Winston Churchill continuing to be seen as statesman from whom the modern world can learn important lessons. In an age when social and political morality seems all too often to be in a state of flux, Churchill’s Trial reminds us of the enduring power of the concepts of courage, duty, and honor.--Andrew Roberts, New York Times bestselling author of Napoleon: A Life and The Storm of War Larry Arnn has spent a lifetime studying the life and accomplishments of Winston Churchill. In his lively Churchill’s Trial, Arnn artfully reminds us that Churchill was not just the greatest statesman and war leader of the twentieth century, but also a pragmatic and circumspect thinker whose wisdom resonates on every issue of our times.--Victor Davis Hanson, senior fellow, The Hoover Institution, Stanford University In absorbing, gracefully written historical and biographical narration, Larry Arnn shows that Churchill, often perceived as inconsistent and opportunistic, was in fact philosophically rigorous and consistent at levels of organization higher and deeper than his detractors are capable of imagining. In Churchill’s Trial Arnn has rendered great service not only to an incomparable statesman but to us, for the magnificent currents that carried Churchill through his trials are as admirable, useful, and powerful in our times as they were in his.--Mark Helprin, New York Times bestselling author of Winter’s Tale and In Sunlight and in Shadow Churchill’s Trial, a masterpiece of political philosophy and practical statesmanship, is the one book on Winston Churchill that every undergraduate, every graduate student, every professional historian, and every member of the literate general public should read on this greatest statesman of the twentieth century. The book is beautifully written, divided into three parts–war, empire, peace–and thus covers the extraordinary life of Winston Churchill and the topics which define the era of his statesmanship. --Lewis E. Lehrman, cofounder of the Lincoln and Soldiers Institute at Gettysburg College and distinguished director of the Abraham Lincoln Association

Thomas Paine's Rights of Man: A Biography


Christopher Hitchens - 2006
    Inspired by his outrage at Edmund Burke’s attack on the French Revolution, Paine’s text is a passionate defense of man’s inalienable rights. Since its publication, Rights of Man has been celebrated, criticized, maligned, suppressed, and co-opted. But in Thomas Paine’s Rights of Man, the polemicist and commentator Christopher Hitchens, “at his characteristically incisive best,” marvels at its forethought and revels in its contentiousness (The Times, London). Hitchens is a political descendant of the great pamphleteer, “a Tom Paine for our troubled times.” (The Independent, London) In this “engaging account of Paine’s life and times [that is] well worth reading” he demonstrates how Paine’s book forms the philosophical cornerstone of the United States, and how, “in a time when both rights and reason are under attack,” Thomas Paine’s life and writing “will always be part of the arsenal on which we shall need to depend.” (New Statesman)

Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage


Harry S. Dent - 2017
    Dent Jr., bestselling author of The Demographic Cliff and The Sale of a Lifetime, predicted the populist wave that has driven the Brexit vote, the election of Donald Trump, and other recent shocks around the world. Now he returns with the definitive guide to protect your investments and prosper in the age of the anti-globalist backlash.The turn of the 2020s will mark an extremely rare convergence of low points for multiple political, economic, and demographic cycles. The result will be a major financial crash and global upheaval that will dwarf the Great Recession of the 2000s—and maybe even the Great Depression of the 1930s. We’re facing the onset of what Dent calls “Economic Winter.”   In Zero Hour, he and Andrew Pancholi (author of The Market Timing Report newsletter) explain all of these cycles, which influence everything from currency valuations to election returns, from economic growth rates in Asia to birthrates in Europe. You’ll learn, for instance:   • Why the most-hyped technologies of recent years (self-driving cars, artificial intelligence, virtual reality, blockchain) won’t pay off until the 2030s.    • Why China may be the biggest bubble in the global economy (and you’d be a fool to invest there).    • Why you should invest in the healthcare and pharmaceutical industries, and pull out of real estate and automotive.    • Why putting your faith in gold is a bad idea.   Fortunately, Zero Hour includes a range of practical strategies to help you turn the upheaval ahead to your advantage, so your family can be prepared and protected.

A Spontaneous Order: The Capitalist Case For A Stateless Society


Christopher Chase Rachels - 2015
    It covers a wide range of topics including: Money and Banking, Monopolies and Cartels, Insurance, Health Care, Law, Security, Poverty, Education, Environmentalism, and more! To enjoy this compelling read requires no previous political, philosophical, or economic knowledge as all uncommon concepts are defined and explained in a simple yet uncompromising manner. Take heed, this work is liable to cause radical paradigm shifts in your understanding of both the State and Free Market.

How Soon Is Now: A Futurists Guide to Surviving Our Global Megacrisis


Daniel Pinchbeck - 2017
    The central thesis is that humanity has self-willed the ecological crisis in order to bring about the necessary conditions for transcendence of our current state of being, by undergoing an initiatory ordeal on a planetary scale. This collective ordeal is necessary for us to evolve from one state of being - our current level of consciousness - to the next. By passing through this initiation we realize ourselves as one unified being, a planetary super-organism in a symbiotic relationship with the Earth's ecology and the entire web of life. Covering everything from energy and agriculture, to culture, politics, media and ideology, Pinchbeck's book is ultimately about the nature of the human soul and the future of our current world. He calls for an intentional and consciously designed metamorphosis of our current systems. which transform capitalist and exclusive structures into participatory, democratic, and inclusive ones, based on an integration of Eastern metaphysics, social ecology, and radical political thought.

Who Controls America


Mark Mullen - 2017
    All of the mentioned are just puppets on an invisible string doing the biddings of a few unseen puppeteers. Yes, that’s right. A few elite and undisclosed organizations send our children off to war, restrict the growth of the middle class, and limit educational opportunities for American citizens. The sad truth is this is nothing new. Thomas Jefferson and Benjamin Franklin warned of the dangers and destructive power of these elites if left unchecked. These few unchosen were able, and continue, to use the Federal Reserve Banking System, universities, and war to create economic recessions and depressions that provide unnoticed benefits to a select group of social manipulators. In this stunning new book, Mark Mullen takes us on an intellectual journey through the world of secret partnerships created by unfamiliar ideologues designed to acquire most of the nation’s wealth and power. In Who Controls America, Mullen shines a light on those few elites who place greed, power, and profits above the interests of the American citizen and the pursuit of the American Dream.

Anarkisme dan Sosialisme


Georgi Plekhanov - 1981
    You may find it for free on the web. Purchase of the Kindle edition includes wireless delivery.

Liberalism at Large: The World According to the Economist


Alexander Zevin - 2015
    Since 1843, the Economist has been the single most devoted and influential champion of liberalism anywhere in the world. But what exactly is liberalism, and how has the liberal message evolved? Liberalism at Large presents a history of liberalism on the move, confronting the challenges that classical doctrine left unresolved: the rise of democracy, the expansion of empire, the ascendancy of finance. Today, neither economic crisis at home, nor permanent warfare abroad, has dimmed the Economist's belief in unfettered markets, limited government and a free hand for the West. Confidante to the powerful, emissary for the financial sector, portal onto international affairs, the bestselling news weekly shapes the world its readers--and the rest of us--inhabit. This is the first critical biography of one of the architects of a liberal world order now under increasing strain.

Liberalism: A Counter-History


Domenico Losurdo - 2005
    Among the dominant strains of liberalism, he discerns the counter-currents of more radical positions, lost in the constitution of the modern world order.

Night Fighter: From the Rise of Special Ops to the Age of Terrorism


William H. Hamilton Jr. - 2016
    Hamilton Jr., and the veteran military history writer and bestselling author of One Shot One Kill,, Hill 488, and Crosshairs on the Kill Zone, Charles W. Sasser, detailing how Hamilton brought together a combination of Navy, Army, and CIA training methods to shape the United States’ unconventional military force, culminating in the Navy Seals, the world's most effective warriors in combating terrorists and international criminals, whose Team Six carried out the assassination of Osama bin Laden.

An Inquiry into the Nature and Causes of the Wealth of Nations


Adam Smith - 1776
    Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's Introduction both clarifies Smith's analyses and illuminates his overall relevance to the world in which we live. As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century--jobs, wages, politics, government, trade, education, business, and ethics."Introduction by Robert Reich - Commentary by R. H. Campbell and A. S. Skinner - Includes a Modern Library Reading Group Guide

The Culture of Contentment


John Kenneth Galbraith - 1992
    Galbraith focuses on the results of this stasis, including short-term thinking and investment, government as a burden, and corporate sclerosis. The author also explores international issues, such as the parallels between the denial of trouble in Eastern Europe and problems unrecognized in America. This book is a groundbreaking assessment of the future of America.

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.

Economics in the Age of COVID-19


Joshua Gans - 2020