Taylor discusses all the fundamental aspects of Austrian thought, from subjectivism and marginal utility to inflation and the business cycle. This new and revised edition is widely influential among economics students.For the newcomer, this work represents a concise introduction to both the historical setting of the Austrian School and to the ideas espoused by its members.This volume includes chapters on:Social Cooperation and Resource Allocation Economic Calculation The Subjective Theory of Value The Market and Market Prices Production in an Evenly Rotating Economy From an Evenly Rotating Economy to the Real World Inflation and the Business Trade Cycle96 pp. (pb)

    It is made up of both the long-term chronically poor and new working poor—the tens of millions of victims of a broken economy and an ever more dysfunctional political system. In many ways, for the majority of Americans, financial insecurity has become the new norm.The American Way of Poverty shines a light on this travesty. Sasha Abramsky brings the effects of economic inequality out of the shadows and, ultimately, suggests ways for moving toward a fairer and more equitable social contract. Exploring everything from housing policy to wage protections and affordable higher education, Abramsky lays out a panoramic blueprint for a reinvigorated political process that, in turn, will pave the way for a renewed War on Poverty.It is, Harrington believed, a moral outrage that in a country as wealthy as America, so many people could be so poor. Written in the wake of the 2008 financial collapse, in an era of grotesque economic extremes, The American Way of Poverty brings that same powerful indignation to the topic.

    - help is finally at hand. That help comes in the comfortingly accessible form of Stephen Trombley's Short History of Western Thought, which outlines the 2,500-year history of European ideas from the philosophers of Classical Antiquity to the thinkers of today, No major representative of any significant strand of Western thought escapes Trombley's attention: the Christian Scholastic theologians of the Middle Ages, the great philosophers of the Enlightenment, the German idealists from Kant to Hegel; the utilitarians Bentham and Mill; the transcendentalists Emerson and Thoreau; Kierkegaard and the existentialists; the analytic philosophers Russell, Moore, Whitehead and Wittgenstein; and - last but not least - the four shapers-in-chief of our modern world: the philosopher, historian and political theorist Karl Marx; the naturalist Charles Darwin, proposer of the theory of evolution; Sigmund Freud, the father of psychoanalysis; and the theoretical physicist Albert Einstein, begetter of the special and general theories of relativity and founder of post-Newtonian physics.

    Drawing on unprecedented access to Rand's private papers and the original, unedited versions of Rand's journals, Jennifer Burns offers a groundbreaking reassessment of this key cultural figure, examining her life, her ideas, and her impact on conservative political thought.Goddess of the Market follows Rand from her childhood in Russia through her meteoric rise from struggling Hollywood screenwriter to bestselling novelist, including the writing of her wildly successful The Fountainhead and Atlas Shrugged. Burns highlights the two facets of Rand's work that make her a perennial draw for those on the right: her promotion of capitalism, and her defense of limited government. Both sprang from her early, bitter experience of life under Communism, and became among the most deeply enduring of her messages, attracting a diverse audience of college students and intellectuals, business people and Republican Party activists, libertarians and conservatives. The book also traces the development of Rand's Objectivist philosophy and her relationship with Nathaniel Branden, her closest intellectual partner, with whom she had an explosive falling out in 1968.One of the Denver Post's Great Reads of 2009One of Bloomberg News's Top Nonfiction Books of 2009Excellent.--Time magazineA terrific book--a serious consideration of Rand's ideas, and her role in the conservative movement of the past three quarters of a century.--The American ThinkerA wonderful book: beautifully written, completely balanced, extensively researched. The match between author and subject is so perfect that one might believe that the author was chosen by the gods to write this book. She has sympathy and affection for her subject but treats her as a human being, with no attempt to cover up the foibles.--Mises Economics Blog

    The crisis seemed to expose the disaster of small-state, free-market liberalization and deregulation. Keynesian political economy, in contrast, could put the state back at the heart of the economy and arm it with the knowledge needed to rescue us. But what it was supposed to rescue us from was not so clear. Was it the end of capitalism or the end of the world? For Keynesianism, the answer is both. Keynesians are not and never have been out to save capitalism, but rather to save civilization from itself. It is political economy, they promise, for the world in which we actually live: a world in which prices are “sticky,” information is “asymmetrical,” and uncertainty inescapable. In this world, things will definitely not take care of themselves in the long run. Poverty is ineradicable, markets fail, and revolutions lead to tyranny. Keynesianism is thus modern liberalism’s most persuasive internal critique, meeting two centuries of crisis with a proposal for capital without capitalism and revolution without revolutionaries.If our current crises have renewed Keynesianism for so many, it is less because the present is worth saving, than because the future seems out of control. In that situation, Keynesianism is a perfect fit: a faith for the faithless.

    Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations.Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how--even from the oil industry's first years--wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions--first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC--succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations--including mistakes to avoid--as we confront the unwelcome return of boom and bust oil prices.

    With its wry portrayal of a shallow, materialistic 'leisure class' obsessed by clothes, cars, consumer goods and climbing the social ladder, this withering satire on modern capitalism is as pertinent today as it was when it was written over a century ago.

    But there is a better way—a middle way—where we might discover common ground for peace, both personally and universally. Lou Marinoff, professor of philosophy and author of Plato, not Prozac, reveals the ABCs of finding that spiritually rich path: Aristotle, Buddha, and Confucius. Each of these wise men knew that extremism destroys happiness, health and harmony, and shared the supremely important notion that the main purpose of our existence is to lead a good life, here and now. In three sections, Marinoff examines the contemporary world and shows how the “Middle Way” provides solutions to our most pressing problems. Part One looks at civilizational dynamics that drive both cooperation and conflict across borders, and introduces each of the ABCs. The second segment focuses on some notorious extremes—including political polarization, and simmering religious, tribal, gender, cultural, and economic divides—and how the ABCs can reconcile them. And the third, final section enlightens us on how we all can apply the ABCs to the betterment of our own lives and humanity as a whole. A short list of recommended readings accompanies each chapter, along with illustrations, maps, and eye-opening charts.

    In order to reverse this trend, New Delhi must seriously reflect on its policy choices across a wide range of issue areas.Getting India Back on Track broadly coincides with the 2014 Indian elections to spur a public debate about the program that the next government should pursue in order to return the country to a path of high growth. It convenes some of India's most accomplished analysts to recommend policies in every major sector of the Indian economy. Taken together, these seventeen focused and concise memoranda offer policymakers and the general public alike a clear blueprint for India's future.ContentsForewordRatan N. Tata (Chairman, Tata Trusts)IntroductionAshley J. Tellis and Reece Trevor (Carnegie Endowment for International Peace)1. Maintaining Macroeconomic StabilityIla Patnaik (National Institute of Public Finance and Policy)2. Dismantling the Welfare StateSurjit Bhalla (Oxus Investments)3. Revamping Agriculture and the Public Distribution SystemAshok Gulati (Commission for Agriculture Costs and Prices)4. Revisiting Manufacturing PolicyRajiv Kumar (Centre for Policy Research)5. Generating EmploymentOmkar Goswami (Corporate and Economic Research Group)6. Expanding Education and SkillsLaveesh Bhandari (Indicus Analytics)7. Confronting Health ChallengesA. K. Shiva Kumar (National Advisory Council)8. Accelerating Infrastructure ModernizationRajiv Lall and Ritu Anand (IDFC Limited)9. Managing UrbanizationSomik Lall and Tara Vishwanath (World Bank)10. Renovating Land ManagementBarun S. Mitra (Liberty Institute) and Madhumita D. Mitra (consultant)11. Addressing Water ManagementTushaar Shah (International Water Management Institute) and Shilp Verma (independent researcher)12. Reforming Energy Policy and PricingSunjoy Joshi (Observer Research Foundation)13. Managing the EnvironmentLigia Noronha (Energy and Resources Institute)14. Strengthening Rule of LawDevesh Kapur (University of Pennsylvania) and Milan Vaishnav (Carnegie Endowment for International Peace)15. Correcting the Administrative DeficitBibek Debroy (Centre for Policy Research)16. Building Advanced Technology Capacity for Competitive Arms AcquisitionRavinder Pal Singh (Stockholm International Peace Research Institute)17. Rejuvenating Foreign PolicyC. Raja Mohan (Observer Research Foundation and Carnegie Endowment for International Peace

    He argues that the service is better provided by free markets than government, while addressing a hundred counter-arguments. Here we have an important updating of an argument rarely made even in the libertarian tradition. [Description taken from Mises.org]

    The classic account of modern British journalism, now updated and re-issued.

    Walden, is an account of his stay in the woods and his experience. Shedding the trivial ties that he felt bound much of humanity, he pursued truth in the quiet of nature. Thoreau believes that such an experience enables one to gain true enlightenment. Even as Thoreau disentangled himself from worldly matters, his musings were often disturbed by his social conscience. On the Duty of Civil Disobedience, also included in this book, expresses his antislavery and antiwar sentiments, as well as his protest against the government’s interference with civil liberty. His writings have inspired many to embrace his philosophy of individualism, and has influenced non-violent resistance movements worldwide. As a bonus, this book contains the essay by Thoreau, “Walking”. Originally given as part of a lecture in 1851, "Walking" was later published posthumously as an essay. Now being a chief text in the environmental movement. Thoreau's essay describes the ever beckoning call that draws us to explore and find ourselves lost in the beauty of the forests, rivers, and fields.

    Every morning, Marcel Proust sipped his two cups of strong coffee with milk, ate a croissant from one boulangerie, dunking it in his coffee as he slowly read the day’s paper with great care—poring over each headline and section. Only Alain de Botton could have pulled so many useful insights from the oeuvre of one the world’s greatest literary masters. Fascinating and vital, How to Take Your Time will urge you to find the wisdom in defying “the self-satisfaction felt by ‘busy’ men—however idiotic their business—at ‘not having time’ to do what you are doing.” A Vintage Shorts Wellness selection. An ebook short.

    Totals about ninety pages of high-octane distillate.1. Arm Thy Neighbor2. The CW2 Cube: Mapping the Meta-Terrain of Civil War Two3. In Praise of Duplexed AR-15 Magazines4. Professor Raoul X (short fiction)5. Q&A with Matthew Bracken about Castigo Cay6. Just A Working Man With His Tools (covert rifle carrier)7. Review of Joseph P. Martino’s “Resistance to Tyranny”8. Gangster Government and Sakharov's Immunity9. Night Fighting 10110. When the music stops: How America's cities may explode in violence11. How Islam could be brought to an end12. What I Saw At The Coup (short fiction)13. I will not submit. I will never surrender.14. Trapping Feral Pigs and Other Parables of Modern Life15. Benghazi’s Smoking Gun? Only President Can Give ‘Cross-Border Authority’16. Dear Mr. Security Agent: An open letter to law enforcement on gun control

    This bestselling biography of one of the 20th century's most remarkable and controversial writers is now available in paperback.  Author Barbara Branden, who knew Rand for nineteen years, provides a matchless portrait of this fiercely private and complex woman.