In the beginning, there was Menger. It was his Principles of Economics that reformulated — and really rescued — economic science from the theoretical errors of the old classical school.Menger set out to elucidate the precise nature of economic value, and to root economics firmly in the real-world actions of individual human beings. In Principles of Economics, he advances the theory that the marginal utility of goods is the source of their value, rather than the labor inputs that went into making them. The implication of this theory is that the individual mind is the source of economic value — a point that touched off the marginalist revolution and started a departure from the flawed classical view of economics.For this reason, Carl Menger (1840–1921) is considered to be the founder of the Austrian School of economics. Principles of Economics is the book that Ludwig von Mises said turned him into a real economist. What's striking is how, nearly a century and a half later, the book still retains the incredible power of both its prose and its relentless logic.The Mises Institute's new edition features a new foreword by Peter G. Klein, which summarizes Menger's contribution and places him in the history of ideas. Klein also explains Menger's continued relevance in present times. F.A. Hayek contributes the introduction.Economics students still say that it is the best introduction to economic logic ever written. The book also deserves the status of a seminal contribution to science in general. Truly, no one can claim to be well read in economics without having mastered Menger's argument.To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI
Bitcoin is one of the most transformative technologies in history, but at the same time it's dismissed as useless or only seen as a speculative vehicle. Why Cryptocurrencies? will dispel that myth by exploring real use-cases and show how cryptocurrencies are uniquely positioned to revolutionize the way we use money today. Can you afford to miss out? What makes this book special? * Gives you the important conceptual ideas. It's all too easy to get bogged down with technical details; the high-level concepts are what's truly important. * Easy to read. The book is beginner-friendly and doesn't require any prior knowledge. * Focused on utility. The focus is on concrete use-cases, instead of the more seductive speculative approach. * It's bigger than Bitcoin. There are many more cryptocurrencies other than Bitcoin. The focus is on the general cryptocurrency concept and it's potential, instead of on a single implementation. * Visits a wide variety of topics. This isn't only about cryptocurrencies. It's also about money, censorship, our financial system, and the dark secrets that Chelsea Manning and Edward Snowden revealed. * The order doesn't matter. Chapters are self-contained, so you can jump around and read the sections you're interested in.
There are shelves of memoirs about overcoming the death of a parent, childhood abuse, rape, drug addiction, miscarriage, alcoholism, hustling, gangbanging, near-death injuries, drug dealing, prostitution, or homelessness. Cupcake Brown survived all these things before she’d even turned twenty. And that’s when things got interesting…. You have in your hands the strange, heart-wrenching, and exhilarating tale of a woman named Cupcake. It begins as the story of a girl orphaned twice over, once by the death of her mother and then again by a child welfare system that separated her from her stepfather and put her into the hands of an epically sadistic foster parent. But there comes a point in her preteen years—maybe it’s the night she first tries to run away and is exposed to drugs, alcohol, and sex all at once—when Cupcake’s story shifts from a tear-jerking tragedy to a dark comic blues opera. As Cupcake’s troubles grow, so do her voice and spirit. Her gut-punch sense of humor and eye for the absurd, along with her outsized will, carry her through a fateful series of events that could easily have left her dead. Young Cupcake learned to survive by turning tricks, downing hard liquor, partying like a rock star, and ingesting every drug she could find while hitchhiking up and down the California coast. She stumbled into gangbanging, drug dealing, hustling, prostitution, theft, and, eventually, the best scam of all: a series of 9-to-5 jobs. But Cupcake’s unlikely tour through the cubicle world was paralleled by a quickening descent into the nightmare of crack cocaine use, till she eventually found herself living behind a Dumpster. Astonishingly, she turned it around. With the help of a cobbled together family of eccentric fellow addicts and “angels”—a series of friends and strangers who came to her aid at pivotalmoments—she slowly transformed her life from the inside out. A Piece of Cake is unlike any memoir you’ll ever read. Moving and almost transgressive in its frankness, it is a relentlessly gripping tale of a resilient spirit who took on the worst of contem-porary urban life and survived it with a furious wit and unyielding determination. Cupcake Brown is a dynamic and utterly original storyteller who will guide you on the most satisfying, startlingly funny, and genuinely affecting tour through hell you’ll ever take. When it came time for me to talk, I wasn’t sure which parts of my past to tell, which to keep secret, and which to pretend never happened. Uncle Jr. had already seen the welts on my back, so he wasn’t too surprised when I told them about some of the physical abuse I endured at Diane’s. Everyone else hit the roof, except Daddy. He got really quiet and started balling and unballing his fists. I continued my update. Experience had taught me that adults have trouble accepting the idea of children having sex. I decided that from then on, that part of my life never happened. I picked up the story by telling them about Fly, the Gangstas, and getting shot. I was dying for a cigarette. So it seemed a good time to announce that I smoked cigarettes—and weed. After a moment Sam looked at me, smiled, and handed me one of her Marlboros. I preferred menthols, but beggars can’t be choosers. I kicked back, took a long drag, and closed my eyes. Daddy and Jr. were silent. They seemed a bit shocked and unsure about how to respond. “Well, Cup,” Jr. said, “it’s a little too late to be trying to raise you now. But those cigarettes will kill you. And weed will only lead you to stronger drugs.” He didn’t know how right he was. But for me, it was too late to be worrying about stronger drugs—the only worrying I did was whether I could find a connection to get some. So I just smiled, nodded, and took another hit off my cigarette. The eerie quiet returned. —from A Piece of Cake Also available as a Random House AudioBook and eBook.
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The bestselling citizen’s guide to economics “Thomas Sowell is the nation’s greatest living economist.” —American Spectator Basic Economics is a citizen’s guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.
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Eine prägnante Einführung in Hugo Stinnes und sein mächtiges Industrie-Imperium, das Deutschland nach dem Krieg neu formte. Dieses Buch untersucht das Leben eines der prominentesten Industriellen Deutschlands und die Entstehung großer Konzernstrukturen im rheinisch-westfälischen Revier. Es beleuchtet, wie Stinnes’ Leadership, Familiendynamik und strategische Verknüpfungen über Kohle, Erz und Elektrizität hinweg eine neue Wirtschaftsordnung prägten – jenseits von Einzeltiteln und einzelnen Betrieben. Der Text verknüpft Biografie, Unternehmensführung und wirtschaftliche Entwicklungen zu einem umfassenden Bild der deutschen Trust-Bildung. Er vergleicht deutsche Strukturen mit amerikanischen Modellen und zeigt, wie Dezentralisierung und Integrated Business Modelle das Rohstoff- und Fertigungsnetz zusammenführten. Leser erhalten Einblicke in Motive, Machtverhältnisse und die gesellschaftliche Wirkung dieser Großkonzerne. * Wie Stinnes ein vielstufiges Konzernnetz aus Rohstoffgewinnung, Weiterverarbeitung und Vertrieb formte. * Wie deutsche Trusts sich von amerikanischen Vorbildern unterscheiden und warum Zentralisierung anders funktioniert. * Welche Rolle Familienführung, Mitarbeiterschaft und politische Einflüsse im Konzernspiel spielen. * Welche Auswirkungen die Konzentration großer Industrieunternehmen auf Wirtschaft und Gesellschaft hatte. Ideal für Leserinnen und Leser, die sich für Wirtschaftsgeschichte, Industriekonzern-Entwicklung und das deutsche Wirtschaftsleben der Zwischenkriegszeit interessieren.
In this instant New York Times bestseller, renowned economist Thomas Sowell demolishes the myths that underpin the social justice movement “Light on rhetoric, seriously heavy on data, and accessible in style, there is a reason why Sowell has been described as ‘among the most brilliant thinkers in the world today’ by Harvard University’s Steven Pinker and an ‘American sage’ by the Wall Street Journal.” – Washington Examiner The quest for social justice is a powerful crusade of our time, with an appeal to many different people, for many different reasons. But those who use the same words do not always present the same meanings. Clarifying those meanings is the first step toward finding out what we agree on and disagree on. From there, it is largely a question of what the facts are. Social Justice Fallacies reveals how many things that are thought to be true simply cannot stand up to documented facts, which are often the opposite of what is widely believed. However attractive the social justice vision, the crucial question is whether the social justice agenda will get us to the fulfillment of that vision. History shows that the social justice agenda has often led in the opposite direction, sometimes with catastrophic consequences. More things are involved besides simply mistakes. All human beings are fallible, and social justice advocates may not necessarily make any more mistakes than others. But crusaders with an utter certainty about their mission are often undeterred by obstacles, evidence or even fatal dangers. That is where much of the Western world is today. The question is whether we will continue on heedlessly, past the point of no return.
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Un mundo feliz es un clásico de la literatura del siglo XX, una sombría metáfora de un futuro posible. Los peores vaticinios del capitalismo se han cumplido: triunfan los dioses del consumo y la comodidad, y el orbe se divide en diez zonas en apariencia seguras y estables. Los humanos ya no procrean, el sexo se ha convertido solo en una diversión y las letras del alfabeto griego se han pervertido para clasificar a los seres humanos por castas. Todos aceptan su lugar en la nueva jerarquía social, perfectamente ordenada. Los valores humanos esenciales no tienen cabida en este mundo y los habitantes se crean in vitro con una técnica concebida a imagen y semejanza de una cadena de montaje. El soma, la droga por excelencia en este mundo distópico que propone Huxley, ayuda a los habitantes a escapar de la rutina. A cambio de este orden pulcro, la libertad de expresión y el pensamiento crítico han sido erradicados. Bernard Marx, el protagonista de la novela, inconformista e inteligente, deberá probar los límites de la sociedad que lo ha engendrado, iniciando un viaje más allá de las fronteras distópicas de su universo. La crítica ha dicho: «Según los ojos con que se mire, Un mundo feliz retrata una utopía perfecta o su horrendo opuesto, una distopía: sus hermosos habitantes viven seguros y libres de enfermedades y preocupaciones, pero lo hacen de un modo que, queremos creer, sería inaceptable para nosotros.» Margaret Atwood «Aldous Huxley fue un hombre extraordinariamente profético, no hay otro novelista en el siglo XX que haya escrito una guía más sagaz del futuro.» J.G. Ballard «Un mundo feliz también ha conservado su mordacidad satírica y una expresión de gran impacto aforístico, con un vívido sentido del poder del lenguaje y de las ideas en una sociedad humana cambiante.» Robert McCrum, The Guardian
No Treason: The Constitution of No Authority is a composition of three essays, all written in 1867: No. 1, No. 2: The Constitution", and No. 6: "The Constitution of no Authority". No essays between No. 2 and No. 6 were ever published under the authorship of Lysander Spooner.