The anti-capitalists are still with us, and how. Robert Murphy has decided to give them an in-your-face economics education that they won’t forget — ever.
His approach comes from years of teaching undergraduates and dealing with the most common errors. He also draws from his teaching experience at the Mises University to offer an Austrian perspective on economics.
He offers explanations and examples that are clear and compelling. What’s wrong with zoning? Murphy explains it. Isn’t outsourcing destroying America? On the contrary says Murphy: it is a wonderful for Americans! Shouldn’t the rich fork over in the name of social justice? Murphy says that this would make us all poorer.
The Politically Incorrect Guide to Capitalism is a solid and entertaining guide to free market economics written from the perspective of the Austrian School.
Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of numerous books: Contra Krugman: Smashing the Errors of America’s Most Famous Keynesian; Chaos Theory; Lessons for the Young Economist; Choice: Cooperation, Enterprise, and Human Action; The Politically Incorrect Guide to Capitalism; Understanding Bitcoin (with Silas Barta), among others. He is also host of The Human Action Podcast and The Bob Murphy Show.
Bob argues that many Austro-libertarians (himself included) have been too quick to dismiss the Trump administration's foreign and economic policy as mere incompetence or corruption, without grasping the strategic logic behind it.
Mises said the modern theory of value didn't just improve economics. It created an entirely new science: the general theory of human action.
Bob responds to a new working paper from the Geo-chartalism project, which claims to offer a complete theory of the price level by combining insights from Menger, Cantillon, and Warren Mosler.
