The panic of 1819 was America's first great economic crisis. And this is Murray Rothbard's masterful account, the first full scholarly book on the topic and still the most definitive. It was his dissertation, published in 1962 but nearly impossible to get until this new edition.The American Economic Review was wild for this book when it appeared: "Rothbard's work represents the only published, book-length, academic treatise on the remedies that were proposed, debated, and enacted in attempts to cope with the crisis of 1819," the reviewer wrote. "As such, the book should certainly find a place on the shelf of the study of U.S. business cycles and of the economic historian who is interested in the early economic development of the United States."And specialists have treasured the book for years. It is incredible to realize that some American historians think of M.N. Rothbard as the author of this book and nothing else!The panic of 1819 grew largely out of the changes wrought by the War of 1812, and by the postwar boom that followed. The war also brought a rash of paper money, as the government borrowed heavily to finance the conflict. This would inevitably lead to suspension of specie payments in some parts of the country in 1814.Freed from the shackles of hard money, the suspension of specie led to a boom. When peace came, the so did the bust.But in the end, there was no widespread confusion on what caused the downturn. Instead, it was widely known that false prosperity is a very dangerous thing. It always turns to bust. But unlike today, the government didn't intervene. And precisely because there was no intervention, the panic ended quickly and peacefully.What we have here, then, is not only a dazzling historical account — the research here is deep and thorough, and the prose a model of exposition; it also points the way to how all economic downturns can and should be handled. For that reason, the Panic of 1819 offers important lessons for us today.To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI
Winner of the Pulitzer Prize and National Book Award A metaphorical fugue on minds and machines in the spirit of Lewis Carroll “Every few decades an unknown author brings out a book of such depth, charity, range, wit, beauty, and originality that it is recognized at once as a major literary event. This is such a work.” ―Scientific American GEB is a unique insight into the nature of “I,” self, soul, and consciousness, centered on a notion that its youthful author dubbed “strange loop,” inspired by the twisty self-referential construction invented by logician Kurt Gödel, whereby a sentence asserts its own unprovability. The book’s chapters alternate with Bach-like contrapuntal dialogues between whimsical characters (especially Achilles and the Tortoise), and each dialogue’s intricate structure exemplifies the notion being discussed in it, thus creating indirect self-reference (a fact unsuspected by the characters). The book, filled with analogies, wordplay, humor, and mind-twisting prints by M. C. Escher, has inspired generations of bright students to study cognitive science and the philosophy of mind.
Immerse yourself in Middle-earth with J.R.R. Tolkien’s classic high fantasy masterpieces behind the films... The three volumes that make up J.R.R. Tolkien's epic classic The Lord of the Rings are here presented in beautiful cloth editions, including large format fold-out maps of Middle-earth at the end of the Third Age, as well an extensive appendices. This complete box set contains The Fellowship of the Ring, The Two Towers, and The Return of the King, with jackets and a box designed by celebrated Tolkien illustrator Alan Lee. One Ring to rule them all, One Ring to find them, One Ring to bring them all and in the darkness bind them. This landmark of epic fantasy, The Lord of the Rings, tells of the great quest undertaken by Frodo and the Fellowship of the Ring: Gandalf the Wizard; the hobbits Merry, Pippin, and Sam; Gimli the Dwarf; Legolas the Elf; Boromir of Gondor; and a tall, mysterious stranger called Strider. This complete three-volume box set is the perfect way to experience the entire legendary saga: * An Epic Quest: Follow the hobbit Frodo Baggins as he and his companions undertake a perilous journey to destroy the One Ring and save Middle-earth from the Dark Lord Sauron. * A Timeless Fellowship: Join an unforgettable band of heroes, from Gandalf the Wizard and Legolas the Elf to Gimli the Dwarf and the mysterious Strider, as they unite to protect the Ring-bearer. * Legendary World-Building: Explore the vast and detailed landscape of Middle-earth, brought to life with large format fold-out maps and extensive appendices included in the books. * The Ultimate Collector's Edition: This beautifully designed cloth-bound box set features the complete trilogy―The Fellowship of the Ring, The Two Towers, and The Return of the King―with iconic jacket art by celebrated illustrator Alan Lee.
A remarkable surviving document from the Office of Strategic Services during World War II. Prepared in 1944, the Simple Sabotage Field Manual was created by the United States Office of Strategic Services (OSS), the wartime intelligence organization that preceded the CIA. The manual examined how ordinary people in enemy-occupied territory might create delay, confusion, inefficiency, and disruption behind the lines. Today, the manual is most valuable as a historical document: a revealing look at wartime intelligence thinking, resistance strategy, bureaucracy, and the unconventional methods considered by the OSS during the Second World War. This Sequoia Book Publishers edition presents the historical manual together with a brief modern introduction for readers interested in World War II, intelligence history, espionage, resistance movements, and declassified government documents.
Have you, like the rest of the world, speculated as to the identity of Satoshi Nakamoto, anonymous creator of Bitcoin? The world's first cryptocurrency, Bitcoin went online in 2009 and has since revolutionized our concepts of currency and money. Not supported by any government or central bank, completely electronic, Bitcoin is a virtual currency based on advanced cryptographic systems. Like the currency he created, the identity of Bitcoin's creator Satoshi Nakamoto is virtual, existing only online. The Nakamoto persona, which may represent an individual or a group, exists only in the online publications that introduced and explained Bitcoin during its earliest days. Here, collected and professionally published for the first time are the essential writings that detail Bitcoin's creation. Included are • Satoshi Nakamoto Emails and Posts on Computer Forums Presented in Chronological Order • Bitcoin Fundamentals Presented in Layman's Terms • Bitcoin's Potential and Profound Economic Implications • The Seminal Paper Which Started It All The Book of Satoshi provides a convenient way to parse through what Bitcoin's creator wrote over the span of the two years that constituted his "public life" before he disappeared from the Internet . . . at least under the name Satoshi Nakamoto. Beginning on November 1st 2009 with the publication of the seminal paper describing Bitcoin, this public life ends at about the time PC World speculated as to a possible link between Bitcoin and WikiLeaks, the infamous website that publishes leaked classified materials. Was there a connection? You be the judge. Nakamoto's true identity may never be known. Therefore the writings reproduced here are probably all the world will ever hear from him concerning Bitcoin's creation, workings, and theoretical basis. Want to learn more about Bitcoin? Go directly to the source-the writings of the creator himself, Satoshi Nakamoto!
Bitcoin was promised to be a liberating technology, a free market alternative to state-controlled money. But that promise was broken after a small group of insiders took over the project and fundamentally changed Bitcoin's design. Few people know the true history of Bitcoin and its original design due to years of heavy censorship, social media engineering, and tight information controls online. Hijacking Bitcoin destroys the most popular narratives that surround Bitcoin and sets the historical record straight. Roger Ver's passion and pain come through as he tells the story of a beloved project corrupted in front of his eyes. Written by one of the most prominent figures in the cryptocurrency industry, this book is impossible to ignore. From the inside flap: Bitcoin has been captured and changed for the worse. That's the undeniable conclusion of Hijacking Bitcoin. Chocked full of history and inconvenient truths, this book goes on a myth-busting rampage against the most popular narratives that surround BTC. Is Bitcoin truly decentralized? Is it supposed to be digital gold or digital cash? Did the original design really have scaling problems? Roger Ver addresses these questions head-on and provides uncomfortable answers. Roger Ver is the world's first investor in Bitcoin startups and has been a prominent name in the cryptocurrency industry since the beginning. Yet, as he confesses in the introduction, this book is not a love story. It's a devastating exposé of the corruption, propaganda, and centralization of power in Bitcoin.