Stockman Contra Schlockman?
David Stockman is, to say the least, no admirer of Donald Trump, but even those inclined to a more favorable view of the former president than his will find much of value in this book.
Capitalism
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The Results Are In: Free Market Capitalism Improves Lives
Contrary to the drumbeat from political, media, and academic elites, capitalism improves the lives of ordinary people. Socialism receives favorable publicity but fails wherever it is implemented.
Free-Market Profit Comes From Voluntary Exchange, not Exploitation
Progressives claim that profits are an unjust transfer of wealth from the poor to the rich. In reality, entrepreneurs earn profits by directing resources from less valued to more valued uses to satisfy consumer needs.
The American Labor Market: Fact vs. Fiction
Progressive historians, journalists, and politicians claim that the Industrial Revolution and the growth of industry brought poverty and exploitation to American workers. The truth is much different, even if it is rarely heard.
They Want to Scare You with Myths of “Unhampered Capitalism”
Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control government.
The American Labor Market: Fact vs. Fiction
Progressive historians, journalists, and politicians claim that the Industrial Revolution and the growth of industry brought poverty and exploitation to American workers. The truth is much different, even if it is rarely heard.
Conservatives Are Wrong on Economics. Here’s How to Fix the Problem.
While conservatives and followers of Austrian economics often have much in common, many conservatives are against free trade and free exchange. Austrians need to carefully explain why those beliefs are harmful.
Free-Market Profit Comes From Voluntary Exchange, not Exploitation
Progressives claim that profits are an unjust transfer of wealth from the poor to the rich. In reality, entrepreneurs earn profits by directing resources from less valued to more valued uses to satisfy consumer needs.
Confusion Worse Confounded
In ending the gold standard, Nixon was guided by Milton Friedman, who wrongly believed that the Fed could end recessions and cope with inflation by controlling the quantity of money.
Conservatives Are Wrong on Economics. Here’s How to Fix the Problem.
While conservatives and followers of Austrian economics often have much in common, many conservatives are against free trade and free exchange. Austrians need to carefully explain why those beliefs are harmful.
