The Politically Incorrect Guide to Economics (The Politically Incorrect Guides) - Thomas J. DiLorenzo
Language: EnglishKeywords: 
Conservatism
 Economics
 Political
 Social Science
Shared by:reelzdeelz
Written by
Read by John McLain
Format: M4B
Bitrate: 64 Kbps
Unabridged
Another entry in the best-selling, irreverent, hard-hitting Politically Incorrect Guide series! Economics from a rational, conservative viewpoint—that is, a refreshing look at how money actually works from an author who knows the score, and how the law of economics are frequently broken and derailed by pernicious leftists and virtue signaling progressives.
Markets Rule. Socialism Sucks.
Time to wise up. Think economics is the Dismal Science? No more! Here is the lowdown on the biases, superstitions, and outright falsehoods that permeate and corrupt economics and economic policy. Here’s the skinny on the poisonous effects of socialism and crony capitalism. Even better, here is an irreverent but clear-eyed explanation of how markets and economies work and how government intervention so often doesn’t, routinely makes things worse, and how it’s usually the cause of economic crises in the first place.
Here’s how the power of the free market bursts forth and conquers, despite the worms, leeches, slings and arrows of socialism and anarchy trying to do in human creativity and ingenuity at every turn. How the myth of so-called “market failure” is total bunk. Why every attempt by government to stabilize the economy seems to put it in a tailspin instead. How corporations cozy up to big government and use regulation to create monopoly profits. Why “stimulus spending” makes us poor and hands the power-seeking goons of the governing class even more control over our lives. Plus, here’s a chance to supercharge your economic IQ with concentrated wisdom from masters of market scholarship Ludwig von Mises, F.A. Hayek, Milton Friedman, and more!
A no-nonsense, irreverent guide to economics from a legendary teacher, thinker, and Mises Institute scholar that may be the best book on economics since Adam Smith visited a pin factory, figured out how the division of labor works, and wrote it all down in one handy volume!
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| Creation Date: | Sat, 27 May 2023 22:07:42 +0200 |
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This post has 5 comments with rating of 5/5
May 28th, 2023
I clicked on the book because I like the “Politically Incorrect” series but then I read something dumb like “…are frequently broken and derailed by pernicious leftists and virtue signaling progressives” and now I don’t know who this book is for. Is it pandering to those who believe conservatism doesn’t mean keeping or reverting the status quo and thereby highlighting how great the world used to be for “everybody” or is it a treatise on both the pros and cons of a system that governs our everyday lives?
Why does it use “rational” and “conservative” in the same list like “conservative” just naturally follows “rational” and then describe “progressives” as virtue-signalling? Teddy Roosevelt was a Progressive and establish the USDA to safeguard food the market wouldn’t. No invisible hand told slumlords not to dilute the milk they sold to their employees with formaldehyde. In fact, market forces gave them the opposite indication since the embalming chemical would prolong the shelf-life of the milk and they’d have more to sell as well.
When the synopsis calls out “leftists”, is it in the international vein of socialist autocratic governments or the American vein where corporations rule and employees ought to just be happy they’re allowed to work until the machines take over and an attempt to organize and get more for themselves is an abomination and an affront to their betters?
Ultimately, does the author state the obvious conclusion right off the bat that both socialism and economics are great theories and the only thing that screws up both are the people involved? That’s a politically incorrect assertion if I’ve ever heard one. There are plenty of real-world examples to describe both the utter failures of economics and of socialism and it all boils down to the people, not the principles. The Invisible Hand had no idea in 1776 what it was getting into a hundred years later. In it’s pure form, economics doesn’t even have anything to do with money itself since what is used to obtain something in a market can be anything and is arbitrary. You know, like how money actually works, or “money” in this case.
All this in the first paragraph of the synopsis! Could be I’m reading too much into it….
May 30th, 2023
“How the myth of so-called “market failure” is total bunk.”
OK. So glad that, e.g., housing is in the safe (invisible) hand of the market.
“How corporations cozy up to big government and use regulation to create monopoly profits.”
Yes. Which is what you get when “rational, conservatives” make the rules. Yet, somehow, everything that goers wroing is the fault of “government intervention” and “socialists”.
Another load of bollocks to justify letting the 1% do whatever the f*** they want to and the magic of tricklee down will take care of the rest of us.
July 5th, 2023
Gweilo, you have to be one of the biggest tools ever to visit this site. Good God
October 2nd, 2023
So true Columbia21
March 7th, 2025
Seems like the ‘politically incorrect’ part of the book, really broke Malachie520 lmfaoo
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