Books matching: free market
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'23 Things They Don't Tell You about Capitalism' by Ha-Joon Chang is a critical analysis of the myths and assumptions surrounding capitalism. Chang challenges the traditional views of economics, highlighting the intertwined nature of economics and politics. Through historical examples and economic theory, the author presents a thought-provoking exploration of how capitalism operates in the real world, debunking common misconceptions and advocating for a more rational approach to economic policies.
Markets need to be free. When the government interferes to dictate what market participants can or cannot do, resources cannot flow to their most efficient use. If people cannot do the things that the...- #2
Save:"Capitalism and Freedom" by Milton Friedman, first written in 1962, is a thought-provoking exploration of economic capitalism in a liberal society. Friedman discusses the importance of freedom, the individual's role in society, decentralized government, and voluntary cooperation in a business environment. He presents arguments on various topics such as government intervention, the control of money, international trade, licensing, social welfare, and poverty, highlighting the ineffectiveness of typical government measures. contains historical examples and observations, emphasizing the value of freedom for individuals to prosper and achieve better outcomes.
IN MY PREFACE TO THE 1982 edition of this book, I documented a dramatic shift in the climate of opinion, manifested in the difference between the way this book was treated when it was first published ... Milton Friedman's 'Free to Choose: A Personal Statement' presents a compelling argument for maximizing free choice within societal limits. The book delves into various topics such as the benefits of free markets, the role of government in regulating natural monopolies, and the importance of individual freedom in economic growth. Friedman's writing style is clear, rational, and thought-provoking, making complex economic theories accessible to non-economists. Drawing on historical examples and data, the book advocates for free trade, limited government intervention, and the promotion of individual liberties.
Every day each of us uses innumerable goods and services—to eat, to wear, to shelter us from the elements, or simply to enjoy. We take it for granted that they will be available when we want to buy th...- #4
Save:The Invisible Hand by Adam Smith offers a glimpse into the principles of free market economics. It discusses how individuals making choices in buying and selling can lead to beneficial outcomes for society. However, the book is somewhat narrow and can be misunderstood as promoting pure capitalism without acknowledging its complexities and limits.
Smith's writing style can be dense and challenging to read, but it contains valuable insights. The book focuses on the relationship between supply and demand, aiming to explain how market forces lead to efficiency. Despite being dated, it is regarded as essential reading for anyone interested in economics, even though modern interpretations and critiques often highlight the flaws in its assumptions.
The greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgement with which it is anywhere directed, or applied, seem to have been the effects o... 'Human Action: A Treatise on Economics' by Ludwig von Mises is a comprehensive and detailed study on free market economics. It is considered a weighty material that delves into the minute details of Austrian Economics, showcasing the viewpoints and teachings of one of the greatest economists in history. The writing style is described as readable yet dense, requiring careful attention to grasp the concepts presented. is recognized as a classic in the field of modern economics, providing a systematic analysis of various economic topics and serving as a strong critique of socialism and statism.
HUMAN action is purposeful behavior. Or we may say: Action is will put into operation and transformed into an agency, is aiming at ends and goals, is the ego's meaningful response to stimuli and to th...- #6
Save:'Debt: The First 5,000 Years' by David Graeber is a wide-ranging exploration of the historical, anthropological, moral, and economic aspects of human society and its relationship with debt, money, and economics. The book challenges popular myths about markets, debt, and politics while delving into the interplay between debt and society throughout history. Graeber's writing style is described as dense and thought-provoking, providing deep insights into the meaning of debt, its history, and its implications for the future. The author takes an anthropological approach to studying debt, offering a unique perspective on how human relationships, trust, and morality are intertwined with economic systems.
TWO YEARS AGO, by a series of strange coincidences, I found myself attending a garden party at Westminster Abbey. I was a bit uncomfortable. It’s not that other guests weren’t pleasant and amicable, a... - #7
Save:Economics in One Lesson by Henry Hazlitt is a book that serves as an introduction to Austrian economics, providing a coherent argument against government intervention in the economy. The book presents a primer on free market economics, discussing basic economic principles, fallacies, and the role of government in economic policies. Hazlitt's writing style is described as clear, lucid, and accessible, making complex economic ideas easy to understand for the ordinary person. The book covers various topics such as subsidies, social benefits, inflation, public works, tariffs, price fixing, and minimum wage laws, offering examples and explanations to refute prevalent economic fallacies.
ECONOMICS IS HAUNTED by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied a tho... - #8
Save:'Atlas Shrugged' by Ayn Rand is a lengthy novel that delves into the philosophy of objectivism through a fictional story. The plot revolves around a world where individuals of exceptional ability go on strike, leaving society to crumble under the weight of socialism and government control. The writing style is described as heavy-handed, filled with lengthy diatribes and philosophical arguments that can be overwhelming for some readers.
The light was ebbing, and Eddie Willers could not distinguish the bum’s face. The bum had said it simply, without expression. But from the sunset far at the end of the street, yellow glints caught his... Naomi Klein's 'The Shock Doctrine: The Rise of Disaster Capitalism' is a compelling and eye-opening exploration of how global economics and geopolitics intersect to create environments of exploitation, ruthlessness, and cruelty. Klein argues that disasters, whether natural, political, or economic, are seized upon by global corporations to further their agenda, leading to the privatization of public services and the perpetuation of wealth inequality. Through a series of well-researched examples, Klein reveals the insidious nature of disaster capitalism and its impact on societies around the world. The book is a thought-provoking examination of the modern capitalist state and the influence of multinational corporations on government functions.
Klein's writing style is described as daring, passionate, and journalistic. She presents a collection of facts in a compelling and informative manner, drawing readers in with her thought-provoking analysis of historical events and economic ideologies. The book challenges readers to rethink their understanding of global capitalism and the forces at play in shaping modern society, offering a critical perspective on the intersection of politics, economics, and power dynamics.
I went to the slaughterhouse to observe this so-called "electric slaughtering," and I saw that the hogs were clamped at the temples with big metallic tongs which were hooked up to an electric current ...The Fatal Conceit by F.A. Hayek explores the extended order of voluntary human interaction, also known as the free market, and how liberty and security lead to the creation of wealth. Hayek delves into the evolution of human wealth over thousands of years, from instinctive responses to learned traditions, and argues against the idea that central planners can effectively manage complex economic systems. The book provides a justification for classical liberalism and serves as a summary of Hayek's lifetime of studying the science of economics.
