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“an excellent new book” — Paul Krugman, The New York Times History, not ideology, holds the key to growth. Brilliantly written and argued, Concrete Economics shows how government has repeatedly reshaped the American economy ever since Alexander Hamilton’s first, foundational redesign. This book does not rehash the sturdy and long-accepted arguments that to thrive, entrepreneurial economies need a broad range of freedoms. Instead, Steve Cohen and Brad DeLong remedy our national amnesia about how our economy has actually grown and the role government has played in redesigning and reinvigorating it throughout our history. The government not only sets the ground rules for entrepreneurial...
A surprising and revealing look at what Americans really believe about taxes Conventional wisdom holds that Americans hate taxes. But the conventional wisdom is wrong. Bringing together national survey data with in-depth interviews, Read My Lips presents a surprising picture of tax attitudes in the United States. Vanessa Williamson demonstrates that Americans view taxpaying as a civic responsibility and a moral obligation. But they worry that others are shirking their duties, in part because the experience of taxpaying misleads Americans about who pays taxes and how much. Perceived "loopholes" convince many income tax filers that a flat tax might actually raise taxes on the rich, and the rel...
For the past 150 years, Western intellectuals have trumpeted contempt for capitalism and capitalists. They have written novels, plays, and manifestos to demonstrate the evils of the economic system in which they live. Dislike and contempt for the bourgeoisie, the middle classes, industry, and commerce have been a prominent trait of leading Western writers and artists. Mind vs. Money is an analytical history of how and why so many intellectuals have opposed capitalism. It is also an argument for how this opposition can be tempered. Historically, intellectuals have expressed their rejection of capitalism through many different movements, including nationalism, anti-Semitism, socialism, fascism...
Over the past decades, economists have witnessed with growing uneasiness their failure to explain the ballooning of public debt in most countries. This book provides an alternative orientation that explains why concepts of public debt that are relevant for authoritarian regimes are not relevant for democratic regimes. Using methodological individualism and micro-economics, this book overcomes flaws inherent in the standard macro approach, according to which governments manipulate public debt to promote systemic stability. This unique analysis is grounded in the writings of Antonio de Viti de Marco, injecting current analytical contributions and formulations into the framework to offer a forthright insight into public debt and political economy.
If you are genuinely interested in what is wrong with modern economics, this is where you can find out. If you would like to understand the flaws in Keynesian macro, this is the book you must read. If you are interested in marginal analysis properly explained, you again need to read this book. Based on the classical principles of John Stuart Mill, it is what is missing today; a text based on explaining how an economy works from a supply-side perspective.
Begins a series analyzing the role of government in the economy from the perspective of the Austrian school of economics. Six essays trace the precarious state of US banking to rent-seeking, ideology, and the historical accretion of government regulations. They are revised versions of papers presented at an April 1991 conference at New York University. Annotation copyright by Book News, Inc., Portland, OR
Featuring new, never-before-released discussions with Ayn Rand...all about her politics! Most people have no idea what the United States represents. Ayn Rand did grasp America's political essence down to its roots. World-famous as the author of Atlas Shrugged, Rand emigrated from Russia to the United States in 1926 at the age of twenty-one. Upon her arrival, she discovered that the collectivist politics of Russia, and Europe in general, were taking hold in America. An early effort to fight this trend was Rand's Textbook of Americanism, which she began writing in 1946 but was left unfinished. Until now. Seventy-two years later, A New Textbook of Americanism: The Politics of Ayn Rand addresses the questions she did not answer then, building on her insights to illuminate Americanism and its present-day application. Featuring Rand's full 1946 work plus essays from the New Intellectuals, including Leonard Peikoff, and never-before-published discussions with Ayn Rand. Rand once called the United States "the only moral country in the history of the world." A New Textbook of Americanism explores the reasons for her judgment.
The first volume to offer a comprehensive scholarly treatment of Rand’s entire corpus (including her novels, her philosophical essays, and her analysis of the events of her times), this Companion provides vital orientation and context for scholars and educated readers grappling with a controversial and understudied thinker whose enduring influence on American (and world) culture is increasingly recognized. The first publication to provide an in-depth scholarly treatment ranging over the whole of Rand’s corpus Provides informed contextual analysis for scholars in a variety of disciplines Presents original research on unpublished material and drafts from the Rand archives in California Features insightful and fair-minded interpretations of Rand’s controversial positions
The intellectual tooks every business person needs in the boardroom. Includes two rare essays by Ayn Rand! With government and the media blaming big business for the world economic crisis, capitalism needs all the help it can get. It's the perfect time for this collection of essays presenting a philosophical defense of capitalism by Ayn Rand and other Objectivist intellectuals. Essential and practical, Why Businessmen Need Philosophy reveals the importance of maintaining philosophical principles in the corporate environment at all levels of business from daily operations to executive decisions, and provides the tactical and tactful rational thinking required to defend companies from ideological attacks.