Russ Roberts argues that the true underlying cause of the mess was the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other people’s money. The author warns that despite the passage of Dodd-Frank, it is widely believed that we have done nothing to eliminate ‘Too Big to Fail.’ That perception allows the largest financial institutions to continue to gamble with taxpayer money.

    DiLorenzo, sets the record straight in this concise primer on an economic theory that’s gaining popularity. DiLorenzo reveals how socialism inevitably makes inequality worse, why socialism was behind the worst government-sponsored mass murders in history, the myth of “successful” Scandinavian socialism; how socialism is worse—far worse—for the environment than capitalism, and more.

     You surely have heard something about the Korean War. Or the Forgotten War as some call it. But do you really know all that happened? Have you heard the personal stories from the people who actually saw or did the fighting? If you haven't, you are in for a treat. While the war was among the shortest in history, it left an invisible mark - a divided Korea. And there's a lot that led to that. It wasn't just about the UN and South Korea fighting against North Korea, China, and the Soviet Union. You will: * Learn what UN soldiers did with Chinese corpses when it got cold. * Understand Japan's role in facilitating the war. * Know the real reason China got into the war despite being very scared of America. * Know why America got stung by underequipped and underskilled Chinese fighters * Learn why Truman was saved from impeachment for firing MacAurthor. * Know why America backed an undemocratic South Korean president There is a lot more you will learn in this book. Just click the download button to start reading.

    An evolution of libertarianism, Agorism embraces all non-coercive human action and opposes all force- or fraud-based attempts to stifle innovation, trade, thought, and wealth. If you have ever suspected that government, academia, and other entities are trying to pull the wool over your eyes in order to control your money, your morality, and your life, you'll find answers and remedies in AN AGORIST PRIMER. In one concise volume, Samuel Edward Konkin III explains the theory, principles, and -- most important of all -- the practice of Agorism. If you think that consistency between means and ends matters, this is the book for you! From the preface: "Agorism is a way of thinking about the world around you, a method of understanding why things work the way they do, how they do, and how they can be dealt with - how you can deal with them. "Agorism was meant to improve the lot of everyone, not a chosen elite or unwashed underclass. Hence an introductory work that presents ideas without going through the long intellectual history and conflict of competing ideas that produced them. "As the creator of agorism, it is most incumbent on me first to attempt to reduce it to basic intelligibility." Samuel Edward Konkin III is the author of the seminal work on libertarianism and Agorism, New Libertarian Manifesto. Over the course of thirty years, he wrote, edited, and published newsletters and magazines such as Laissez Faire, New Libertarian Notes, and 101 issues of the longest-running publication of its kind, New Libertarian Weekly. Known to his friends as SEK3, Mr. Konkin graduated cum laude from the University of Alberta, serving as head of the Young Social Credit League there. He received his Masters in Theoretical Chemistry at New York University, but left NYU without submitting his Ph.D. dissertation in Quantum Mechanics to pursue his lifelong efforts to promote Counter-Economics and Agorism. He founded the New Libertarian Alliance, the Movement of the Libertarian Left and the outreach organization The Agorist Institute. His body of work is available from KoPubCo. PRAISE FOR SAMUEL EDWARD KONKIN III "Konkin's writings are to be welcomed. Because we need a lot more polycentrism in the movement. Because he shakes up Partyarchs who tend to fall into unthinking complacency. And especially because he cares deeply about liberty and can read and write, qualities which seem to be going out of style in the libertarian movement." --Murray N. Rothbard, Ph.D.

    You may not be able to put your finger on it, but you sense it instinctively.How can you not sense it? For the first time ever, both the majority of the younger and the older generations of America now believe that future generations will not be as prosperous as their parents’ generation was. And that’s only the economic pessimism. On the social and cultural fronts, how many of us can truly say that we are proud are what our society has degenerated to?Make no mistake; the America we once knew has indeed been murdered. How did we arrive at this point of perpetual debt, perpetual inflation, massive taxation, chronically high unemployment, disintegrating families, massive dependency on the state, perpetual war, and ever-worsening moral degeneracy, mass psychological depression, and cultural degradation?Who did it? Why did they do it? How did they do it? How was the ‘murder’ concealed from the American people?Through the use of 40 clear, concise and very easy-to-digest illustrated ‘blurbs’ (The 40 Wounds), Killing America: The 100 Year Murder will answer those questions for you. This is a mass-distribution booklet designed for ‘crash-course’ simplicity. Please share it with others.

    On the heels of the most recent economic crisis, America is headed toward another: high inflation and dollar devaluation. Charles Goyette reveals the governmental errors that led to the current economic crisis and the bumpy road ahead. The signs are clear: Federal debt is compounding while growth has stalled, and America's foreign creditors are questioning the dollar's reserve currency status. Meanwhile, the "hidden" federal debt, much larger than the official debt, makes things even worse. So what can you do to safeguard your assets when the dollar heads south? This book is the essential guide for protecting yourself--and even profiting--in this time of financial turbulence. In clear detail, Goyette explains the alternative investments--from gold and silver to oil and agriculture-- that will remain strong in the face of mounting inflation. The Dollar Meltdown gives you the tools to maintain the value of your savings and captilize on the coming opportunities. Don't get left holding the bag after decades of government irresponsibility. The Dollar Meltdown shows you how to take the safety of your finances into your own hands.

    He labels as the "fatal conceit" the idea that "man is able to shape the world around him according to his wishes.""The achievement of The Fatal Conceit is that it freshly shows why socialism must be refuted rather than merely dismissed—then refutes it again."—David R. Henderson, Fortune."Fascinating. . . . The energy and precision with which Mr. Hayek sweeps away his opposition is impressive."—Edward H. Crane, Wall Street JournalF. A. Hayek is considered a pioneer in monetary theory, the preeminent proponent of the libertarian philosophy, and the ideological mentor of the Reagan and Thatcher "revolutions."

    As they see matters, wealth in the form of means of production and wealth in the form of consumers’ goods are essentially indistinguishable. For all practical purposes, they have no awareness of the existence of capital and of its importance. Thus, capitalists are generally depicted as fat men, whose girth allegedly signifies an excessive consumption of food and of wealth in general, while their alleged victims, the wage earners, are typically depicted as substantially underweight, allegedly signifying their inability to consume, thanks to the allegedly starvation wages paid by the capitalists.The truth is that in a capitalist economic system, the wealth of the capitalists is not only overwhelmingly in the form of means of production, such as factory buildings, machinery, farms, mines, stores, warehouses, and means of transportation and communication, but all of this wealth is employed in producing for the market, where its benefit is made available to everyone in the economic system who is able to afford to buy its products.Consider. Whoever can afford to buy an automobile benefits from the existence of the automobile factory and its equipment where that car was made. He also benefits from the existence of all the other automobile factories, whose existence and competition served to reduce the price he had to pay for his automobile. He benefits from the existence of the steel mill that provided the steel for his car, and from the iron mine that provided the iron ore needed for the production of that steel, and, of course, from the existence of all the other steel mills and iron mines whose existence and competition served to hold down the prices of the steel and iron ore that contributed to the production of his car.And, thanks to the great magnitude of wealth employed as capital, the demand for labor, of which capital is the foundation, is great enough and thus wages are high enough that virtually everyone is able to afford to a substantial degree most of the products of the economic system. For the capital of the capitalists is the foundation both of the supply of products that everyone buys and of the demand for the labor that all wage earners sell. More capital—a greater amount of wealth in the possession of the capitalists—means a both a larger and better supply of products for wage earners to buy and a greater demand for the labor that wage earners sell. Everyone, wage earners and capitalists alike, benefits from the wealth of the capitalists, because, as I say, that wealth is the foundation of the supply of the products that everyone buys and of the demand for the labor that all wage earners sell. More capital in the hands of the capitalists always means a more abundant, better quality of goods and services offered for sale and a larger demand for labor. The further effect is lower prices and higher wages, and thus a higher standard of living for wage earners.Furthermore, the combination of the profit motive and competition operates continually to improve the products offered in the market and the efficiency with which they are produced, thus steadily further improving the standard of living of everyone.In the alleged conflict between the so-called 99 percent and the so-called 1 percent, the program of the 99 percent is to seize as far as possible the wealth of the 1 percent and consume it. To the extent that it is enacted, the effect of this program can only be to impoverish everyone, and the 99 percent to a far greater extent than the 1 percent. To the extent that the 1 percent loses its mansions, luxury cars, and champagne and caviar, 99 times as many people lose their houses, run-of-the mill cars, and steak and hamburger.

    Written over 150 years ago in 1848, a period of history with great upheaval, it continues to be an important work on political economy, especially as we enter the dawn of the global economy. Politicians, business leaders, acamdemics and students of very different persuasions find the manifesto a basic and essential treatise to be understood. It has had a tremendous effect throughout history and will continue to influence the future of mankind. A Collector's Edition.

    Perhaps the best brief primer on economics ever penned, Ballve's little classic explains such basics as what economics is -- and is not -- all about, the role of the entrepreneur, the factors of production, money and credit, international trade, monopoly and unemployment, socialism and interventionism -- all from an "Austrian School" perspective, and all in 100 pages!

    This essay unscrambles gross misconceptions that have made rational debates about tax policies virtually impossible for decades.

    Just turn on cable news. Philosophy is for people who want to understand the deep questions. The goal of political philosophy is to determine the standards by which we judge different institutions good or bad, just or unjust.Some people might think they don’t have much need of political philosophy: “Who cares about wishy-washy obtuse notions of justice? I’m a pragmatist. I just want to know what works.” But this isn’t a way of avoiding political philosophy; it’s a way of being dogmatic about it. Before we can just do “what works,” we have to know what counts as working.This book serves as an introduction to some of the major theories of justice, to the arguments philosophers have made for and against these theories, and, ultimately, to how to be more thoughtful and rigorous in your own thinking.

    Professor Drezner takes you behind the headlines and into the debates to dispel common myths about prosperity and get at deeper truths. By taking a broad view of economics that includes psychology, sociology, political science, and history, his lectures lead you to fundamental insights about how the modern world works and a deeper understanding of the functioning of the U.S., European, Chinese, and other major economies, as well as an appreciation for the special problems faced by underdeveloped nations. You'll examine dozens of case histories that illustrate what works and doesn't work in the drive to increase economic growth. You'll also learn about intriguing examples of prosperity won or lost, including the Dutch tulip mania in 1637, the era of globalization that started in the 1850s and lasting through World War I, and Ukraine's economic missteps after the breakup of the Soviet Union. As a start on your own road to greater prosperity, take this step to invest in an unparalleled explanation of the prerequisites to achieve it.

    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.)