The Politically Incorrect Guide to Capitalism - Softcover

Murphy, Ph.D. Robert P.

Softcover

ISBN 10: 1596985046 ISBN 13: 9781596985049

Publisher: Regnery, 2007

Synopsis

Most commonly accepted economic "facts" are wrong Here's the unvarnished, politically incorrect truth. The liberal media and propagandists masquerading as educators have filled the world--and deformed public policy--with politically correct errors about capitalism and economics in general. In The Politically Incorrect Guide(tm) to Capitalism, myth-busting professor Robert P. Murphy, a scholar and frequent speaker at the Ludwig von Mises Institute, cuts through all their nonsense, shattering liberal myths and fashionable socialist cliches to set the record straight. Murphy starts with a basic explanation of what capitalism really is, and then dives fearlessly into hot topics like:
* Outsourcing (why it's good for Americans) and zoning restrictions (why they're not)

* Why central planning has never worked and never will

* How prices operate in a free market (and why socialist schemes like rent control always backfire)

* How labor unions actually hurt workers more than they help them

* Why increasing the minimum wage is always a bad idea

* Why the free market is the best guard against racism

* How capitalism will save the environment--and why Communist countries were the most polluted on earth

* Raising taxes: why it is never "responsible"

* Why no genuine advocate for the downtrodden could endorse the dehumanizing Welfare State

* The single biggest myth underlying the public's support for government regulation of business

* Antitrust suits: usually filed by firms that lose in free competition

* How tariffs and other restrictions "protect" privileged workers but make other Americans poorer

* The IMF and World Bank: why they don't help poor countries

* Plus: Are you a capitalist pig? Take the quiz and find out! Breezy, witty, but always clear, precise, and elegantly reasoned, The Politically Incorrect Guide(tm) to Capitalism is a solid and entertaining guide to free market economics. With his twelve-step plan for understanding the free market, Murphy shows why conservatives should resist attempts to socialize America and fight spiritedly for the free market.

About this title

About the Author:

Robert P. Murphy earned his Ph.D. in economics from New York University . A former professor at Hillsdale College , he is now an adjunct scholar with the Ludwig von Mises Institute and an analyst at Laffer Associates. He has worked as both an economics scholar and lecturer, as an investment/business analyst, and as a writer of popular journalism on economic topics. He lives with his wife and son in Nashville , Tennessee .

From AudioFile:

Economist Robert Murphy is an unrepentant "capitalist pig"--his words--and, true to his book's title, he delights in taking positions that make Marie Antoinette look sympathetic to the plight of the underprivileged. Phrases like "the liberal media" are a dead giveaway where Murphy's politics lie, and, considering the economic times we live in, his whole "let them eat cake" posture is at times grating. With lofty restraint reader Perry Richards's mellifluous voice suits Murphy's smugness. A disciple of economic guru Martin Friedman, Murphy has never met a millionaire he didn't like and is happy to tell you so, using Richards as his silver-tongued messenger. J.S.H. © AudioFile 2008, Portland, Maine-- Copyright © AudioFile, Portland, Maine

About this edition

• Publisher: Regnery
• Publication date: 2007
• ISBN 10: 1596985046
• ISBN 13: 9781596985049
• Binding: Paperback
• Number of pages: 206