Politically Incorrect Guide to Capitalism
Published on 9. April 2007
206 pages
978-1-59698-617-6 (ISBN)
Description
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.
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Robert P. Murphy
The Politically Incorrect Guide to Capitalism
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04/2007
Regnery Publishing Inc
€24.00
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Robert P.Murphy
Content
- Intro
- Title Page
- Dedication
- ARE YOU A CAPITALIST PIG? TAKE THE QUIZ AND FIND OUT!
- Chapter One - CAPITALISM, PROFITS, AND ENTREPRENEURS
- So what is capitalism, anyway?
- Laissez-faire versus regulation
- Free to starve?
- Mass production for the masses
- Central planning versus the "anarchy" of production
- We won the Cold War! Or did we?
- Chapter Two - THE PRICE IS RIGHT (BY DEFINITION)
- Prices are signals
- The big fuss over "Big Oil"
- Running out of gas . . .
- Rent control (or, How to destroy a neighborhood)
- Chapter Three - LABOR PAINS
- Baseball players make more than teachers! Where are our priorities?
- Even bad CEOs deserve the big bucks
- Child labor laws are unnecessary
- The minimum wage (or, How to create unemployment)
- Unions hurt the working man
- Give me a break!
- Chapter Four - THE CASE AGAINST ANTI-DISCRIMINATION LAWS
- The free market's "racist fee"
- Discrimination is bad for business
- The "discriminating" customer
- Private property and the freedom of association
- There's nothing "affirmative" about affirmative action
- So everything's hunky-dory?
- Chapter Five
- Government protects slavery
- Slavery was declining before state interference
- Slavery: Immoral, yes, but also inefficient!
- The rising price of slaves
- If slavery is so inefficient, then why did it exist at all?
- Chapter Six - HOW CAPITALISM WILL SAVE THE ENVIRONMENT
- Rhinos versus cows
- Conservation for whom?
- We'll cross that bridge when we get to it
- The ultimate bet: Ehrlich bombs
- Recycle? Or dump?
- The pollution of activist government
- Chapter Seven - ENSURING SAFETY: THE MARKET OR BIG BROTHER?
- There's always a trade-off . . .
- Market safety
- The regulators: Third-party guarantors
- Is there a doctor in the house?
- Safety: Taking it to the streets
- Good intentions with deadly consequences
- Chapter Eight - SETTLING DEBTS
- Deficits don't cause inflation
- Deficits crowd out private investment
- Raising taxes isn't "responsible"
- Burdening our grandchildren?
- Reagan's record
- Clinton's budget
- Chapter Nine - MONEY AND BANKING
- Barter is barbarous
- Nobody invented money
- We're from the government and we're here to help
- Printing more money makes prices rise
- Banking basics
- "Wildcat" banking
- Chapter Ten - GROWING PAINS
- The business cycle: Courtesy of the government
- The "progressive" Herbert Hoover
- The New Deal didn't fix the Depression
- Did World War II get us out of the Depression?
- The whole is not the sum of the parts
- A (government) penny spent is a penny earned
- Chapter Eleven - BREAD AND CIRCUSES: POPULAR GOVERNMENT PROGRAMS
- NASA: Needlessly dangerous
- Outer space: Too big for the private sector?
- Capitalists: Just out for a buck?
- LBJ's war on taxpayers
- Sacrosanct Social Security
- Chapter Twelve - RUNNING GOVERNMENT LIKE A BUSINESS
- Profits versus bureaucracy
- Amtrak
- Going postal over poor service
- Public utilities
- Government in a jam
- Chapter Thirteen - TRUSTING THE FEDS ON ANTITRUST
- The myth of the robber barons
- The infamous case of Standard Oil
- The case against antitrust
- The case for Microsoft
- Chapter Fourteen - TRADE WARS
- Tariffs are taxes on Americans
- Protecting jobs?
- Classical wisdom
- Debunking the deficit
- The trade deficit: Follow the money
- Chapter Fifteen - MAKING MONEY IN THE GLOBAL VILLAGE
- Manufacturing a crisis
- Outsourcing destroys jobs?
- Outsourcing makes America richer
- The high-tech sector: Another phony crisis
- Capital export is a capital idea
- We're from the world government and we're here to help
- Chapter Sixteen - THE INVESTOR CLASS: IN OTHER WORDS, YOU AND ME
- Interest: Sooner is better than later
- The importance of middlemen
- The farsighted speculator
- Futures and other derivatives: To each according to his ability...
- Raiders of the lost corporation
- A TWELVE-STEP PLAN FOR UNDERSTANDING THE FREE MARKET
- Acknowledgements
- NOTES
- INDEX
- Copyright Page
