Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history. Rothbard opens with a theoretical treatment of business cycle theory, showing how an expansive monetary policy generates imbalances between investment and consumption. He proceeds to examine the Fed's policies of the 1920s, demonstrating that it was quite inflationary even if the effects did not show up in the price of goods and services. The stock-market correction was merely one symptom of the investment boom that led inevitably to a bust. The Great Depression was not a crisis for capitalism but merely an example of the downturn part of the business cycle, which in turn was generated by government intervention in the economy. Had this book appeared in the 1940s, it might have spared the world much grief. Even so, its appearance in 1963 meant that free-market advocates had their first full-scale treatment of this crucial subject. The damage to the intellectual world inflicted by Keynesian- and socialist-style treatments would be limited from that day forward. Since the book's first edition, it has been the definitive treatment of the causes of the depression. It remains canonical today because the debate is still very alive.
Unlike what usually passes for economics in many classrooms, government, the media and elsewhere, Choice is an engaging and intriguing book that provides something quite unique: a genuine treatise on economics that instructs and entertains both economists and general readers. Drawing on the seminal volume by the “Austrian School” economist Ludwig von Mises, Human Action, and comparing classical and neoclassical approaches, Choice is a creative, comprehensive, and unusually lucid book on economic science and market processes. The book illuminates free economies as underpinning civilization, the folly of government central planning, the primacy of entrepreneurship and innovation, the nature of money and banking, the causes of the business cycle, the failures of government intervention, and more. As a result, Choice teaches economic principles and exposes economic fallacies, and any reader will learn both the important truths about economics and the crucial value of individual choice, entrepreneurship, and free markets.
The collapse of the Zimbabwe dollar in 2009 after years of rampant money printing is a frightening example of what lies in store for countries that resort to printing money to pay national debts, bail out banks and oligarchs, and enrich political elites. When Money Destroys Nations tells the gripping story of the disintegration of the once thriving Zimbabwean economy and the inspiring and tragic accounts of how ordinary people survived in turbulent circumstances. Philip Haslam and Russell Lamberti give a straightforward and revealing account of the causes and consequences of Zimbabwe's hyperinflation. Countries around the world are resorting to money printing with their stimulus packages and quantitative easing. Zimbabwe's economic collapse is not an isolated tragedy. It holds lessons for all countries and for all political leaders tempted to take illusory and perilous shortcuts to prosperity. Zimbabwe's lessons must not be ignored. This is the story of When Money Destroys Nations. "Haslam and Lamberti have produced a fascinating, accessible account of how Zimbabweans actually lived (and died) during the world's second-highest hyperinflation..." - Professor Steve H. Hanke, Johns Hopkins University
In responding to the financial crash of 2008, both the Bush Administration and the Obama Administration have relied on prescriptions developed by John Maynard Keynes, the most important economist since Marx. But should we be relying on Keynes? What did Keynes actually say? Did he make his case? Hunter Lewis concludes that he did not. If Keynes was wrong then so are the economic policies of virtually all world governments today.
Social media is changing the community. Several may speak up, but under such apparent freedom of expression, an undercurrent of conformity, obedience, self-censorship, and fear dominates. This is how tolerance turns into intolerance and political freedom into totalitarianism. Distinctive attitudes and individuality are replaced by group affiliation, where those who think differently are ostracized. We sense something disturbing: A community moving toward greater control. And a growing risk of politics with totalitarian features that, instead of fighting for freedom, wants to curtail it.
Høsten 2008 holdt deler av det internasjonale finansmarkedet på å kollapse etter en enorm gjeldsboble forårsaket av det tradisjonelle bank- og finanssystemet. Omtrent på samme tidspunkt som det tradisjonelle systemet brukte skattebetalernes penger på å kjøpe finansforetakene fri fra deres egen hensynsløshet – holder en mystisk skikkelse under pseudonymet Satoshi Nakamoto på å utvikle et pengesystem som skal revolusjonere måten penger fungerer på. Den 3. januar, 2009 skrus Bitcoin-nettverket på – og over ti år senere fortsetter nettverket å operere sømløst tross gjentatte erklæringer om at Bitcoin-boblen har sprukket. På tross av alle medieoppslag, er det stadig flere som fatter interesse for Bitcoin som fenomen - og nettverket er sterkere enn noen gang før. Hvorfor eksisterer Bitcoin fremdeles? Og hvorfor kommer Bitcoin tilbake hver gang «boblen» sprekker? Et nødvendig utgangspunkt for å forstå Bitcoin - er å forstå det som penger, og skal vi forstå Bitcoin som penger - må vi forstå hva penger er for noe. I denne boken gir forfatteren en grunnleggende introduksjon til hva penger er, hvilke funksjoner penger har, og et kort innblikk i pengenes evolusjon. Ved å kategorisere Bitcoin som penger vil mange av diskusjonene rundt Bitcoin også bli tydeligere for deg som leser. Du vil få et innblikk i hva Bitcoin er - og hvilke problemer det kan bidra til å løse. «Bitcoin er harde penger» er en introduksjonsbok til deg som har fattet interesse for Bitcoin, og som er klar for en videre reise ned i kaninhullet. Utover å forklare hva Bitcoin er, vil du som leser få et innblikk i de ideologiske idéene som Bitcoin bygger på. I en verden som preges av rekordhøy inflasjon og innskrenking av personlig frihet – har behovet for et frivillig alternativ aldri vært tydeligere. Vi ønsker deg en god reise.
“The landmark book that argued that psychiatry consistently expands its definition of mental illness to impose its authority over moral and cultural conflict.” — New York Times The 50th anniversary edition of the most influential critique of psychiatry every written, with a new preface on the age of Prozac and Ritalin and the rise of designer drugs, plus two bonus essays. Thomas Szasz's classic book revolutionized thinking about the nature of the psychiatric profession and the moral implications of its practices. By diagnosing unwanted behavior as mental illness, psychiatrists, Szasz argues, absolve individuals of responsibility for their actions and instead blame their alleged illness. He also critiques Freudian psychology as a pseudoscience and warns against the dangerous overreach of psychiatry into all aspects of modern life.
'it is only the cultivation of individuality which produces, or can produce, well developed human beings' Mill's four essays, 'On Liberty', 'Utilitarianism', 'Considerations on Representative Government', and 'The Subjection of Women' examine the most central issues that face liberal democratic regimes - whether in the nineteenth century or the twenty-first. They have formed the basis for many of the political institutions of the West since the late nineteenth century, tackling as they do the appropriate grounds for protecting individual liberty, the basic principles of ethics, the benefits and the costs of representative institutions, and the central importance of gender equality in society. These essays are central to the liberal tradition, but their interpretation and how we should understand their connection with each other are both contentious. In their introduction Mark Philp and Frederick Rosen set the essays in the context of Mill's other works, and argue that his conviction in the importance of the development of human character in its full diversity provides the core to his liberalism and to any defensible account of the value of liberalism to the modern world. ABOUT THE SERIES: For over 100 years Oxford World's Classics has made available the widest range of literature from around the globe. Each affordable volume reflects Oxford's commitment to scholarship, providing the most accurate text plus a wealth of other valuable features, including expert introductions by leading authorities, helpful notes to clarify the text, up-to-date bibliographies for further study, and much more.
A bold and eye-opening exposé on how power and propaganda distort the news, now more relevant than ever • With an updated introduction “[A] compelling indictment of the news media’s role in covering up errors and deceptions in American foreign policy.”—The New York Times Book Review Renowned scholars Edward S. Herman and Noam Chomsky reveal how U.S. news media, far from being independent watchdogs, often function as tools of elite influence. With probing analysis, they present their Propaganda Model, a framework that explains how systemic bias shapes the stories we’re told, the voices we hear, and the truths that remain hidden. Through deeply researched case studies, from the Vietnam War to coverage of “worthy” vs. “unworthy” victims, Manufacturing Consent exposes the structural forces that drive news organizations to reinforce power rather than question it. It’s a sobering portrait of a media system more interested in maintaining order than informing the public. This edition includes an introduction updating key examples and expanding the Propaganda Model’s relevance to issues like the coverage of NAFTA, the media’s treatment of global protests, and environmental regulation. Manufacturing Consent is a powerful assessment of how propagandistic the U.S. mass media are, how they systematically fail to live up to their self-image as providers of the kind of information that people need to make sense of the world, and how we can understand their function in a radically new way. Whether you’re a student, activist, or citizen looking to see beyond the headlines, this book will transform how you understand the media—and the world around you.
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Color: Gray
Niccolò Machiavelli’s The Prince is one of the most influential works in the history of political thought and the adjective Machiavellian is well-known and perhaps even over-used. So why does the meaning of the text continue to be debated to the present day? And how does a contemporary reader get to grips with a book full of references to the politics of the early 16th Century? The Routledge Guidebook to Machiavelli’s The Prince provides readers with the historical background, textual analysis, and other relevant information needed for a greater understanding and appreciation of this classic text. This guidebook introduces: * the historical, political and intellectual context in which Machiavelli was working * the key ideas developed by Machiavelli throughout the text and the examples he uses to illustrate them * the relationship of The Prince to The Discourses and Machiavelli’s other works Featuring a timeline, maps and suggestions for further reading throughout, this book is an invaluable guide for anyone who wants to be able to engage more fully with The Prince.
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Color: Green