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"From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed...
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"Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, R&D, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, from tech firms and pharma companies to coffee shops and gyms, the ability to deploy assets that one can neither see nor touch is increasingly the main source...
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In this revisionist history of the American state, former Reagan budget director and bestselling author David Stockman shows where capitalism went wrong, how it was corrupted, and how it might be restored. He argues that Washington -- and especially the Federal Reserve -- have fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These policies have converged to bloat...
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"Like the Rockefellers and the Kennedys, the Kochs are one of the most influential dynasties of the modern age, but they have never been the subject of a major biography... until now. Not long after the death of his father, Charles Koch, then in his early 30s, discovered a letter the family patriarch had written to his sons. "You will receive what now seems to be a large sum of money," Fred Koch cautioned. "It may either be a blessing or a curse."...
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From the bestselling author of "What's the Matter with Kansas?" comes a wonderfully insightful and sardonic look at why the worst economy since the 1930s has brought about the revival of conservatism. Frank examines the peculiar mechanism by which dire economic circumstances have delivered wildly unexpected political results.
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Revered today across the political spectrum, Abraham Lincoln believed in a small but active government in a nation defined by aspiration. He embraced the market and the transportation and communications revolutions beginning to take hold, and helped give birth to the modern industrial economy. Lincoln's vision of an upwardly mobile society that rewards and supports individual striving was wondrously realized. Now, it is under threat. Economic stagnation...
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In The Know-It-Alls former New York Times technology columnist Noam Cohen chronicles the rise of Silicon Valley as a political and intellectual force in American life. Beginning nearly a century ago and showcasing the role of Stanford University as the incubator of this new class of super geeks, Cohen shows how smart guys like Jeff Bezos, Peter Thiel, Sergey Brin, Larry Page, and Mark Zuckerberg fell in love with a radically individualistic ideal...
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"The 21st century has produced two major financial crises and many smaller ones in between. The fallout created chaos and disruption for people at all levels of the global economy. Nomi Prins examines the consequences of the unstable economy that caused what she calls the state of Permanent Distortion; a wedge between a funhouse financial realm that thrives even in times of social and political disorder, and a struggling economic one that does not...
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"The authors tell us what everyone should know about economics in language we can all understand. It's refreshing when four of the best in the profession avoid the all-too-common practice of writing in a code that only other economists can comprehend."--Robert McTeer, former president of the Federal Reserve Bank of Dallas. With the global economy recovering from a steep recession, those who fail to grasp basic economic principles such as gains from...
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Most commonly accepted economic "facts" are wrong Here's the unvarnished, politically incorrect truth. The liberal media and propagandists masquerading as educators have filled the world—and deformed public policy—with politically correct errors about capitalism and economics in general. In The Politically Incorrect Guide(tm) to Capitalism, myth-busting professor Robert P. Murphy, a scholar and frequent speaker at the Ludwig von...
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Patel shows how our faith in prices as a way of valuing the world is misplaced and reveals that our current crisis is not simply the result of too much of the wrong kind of economics but rather the larger failure of a democratically bankrupt political system. The solution he offers: discover democratic ways in which people, and not simply governments, can play a crucial role in deciding how we might share our world and its resources in common.
33) Competition overdose: how free market mythology transformed us from citizen kings to market servants
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"Legal experts Ariel Ezrachi and Maurice Stucke diagnose the symptoms of competion run amock--how market-based solutions increase inequality, kill entrepreneurship, hurt consumers, and destroy healthy industry ecosystems--and provide remedies that will ensure sustainable growth and progress for all"--
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Neoliberalism: A Very Short Introduction explores the considerable variations of neoliberalism around the world, and discusses the origins, evolution, and core ideas of neoliberalism. Neoliberalism emerged as the world's dominant economic paradigm in the 1990s. The global financial crash of 2008 and the subsequent emergence of more nationalist ideologies have challenged both neoliberal assumptions and related financial systems-a development most spectacularly...
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"Do your kids know how the free market works? Ethan and Emily Tuttle have grown up taking for granted the many things they use: clothes, cars, homes, backpacks--even something as simple as a pencil. In this fun adventure to an amazing factory, the twins learn why even the common pencil is a miracle--one that nobody actually knows how to make--and how the process by which it is made is the key to prosperity in our modern age. Based on the classic essay...
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Corporations hold huge influence over every citizen; this book offers a visionary plan to give citizens influence over corporations - and earn some supplemental income too. It envisions the creation of a national mega-mutual fund fueled by donations rather than taxes or government mandates. All citizens over eighteen would be entitled to a share in the fund, enabling them to both weigh in on corporate governance and receive a dividend. This is a big...
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"David Dayen explains how a narrow interpretation of the Sherman Act four decades ago spawned an age of unprecedented deregulation and corporate dominance... Dayen offers a riveting account of what it means to live in this period--and how we might resist this corporate hegemony."--Dust jacket flap.
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"Built, Not Born is for current or aspiring business owners who feel nervous about the risks of entrepreneurship. Tom Golisano, self-made billionaire and founder of Paychex, believes starting a business isn't as risky as you might think and provides no-nonsense, often humorous advice on how to succeed in all phases of business ownership"--
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Remember when "socialism" was a dirty word? Now students at America's elite universities are parroting socialist talking points and "sure-thing" Hillary Clinton is struggling to win the Democratic nomination against a 74-year-old avowed socialist who promises to make the nation more like Europe. What's happened? Do Americans need a reminder about the dangers of socialist ideology and practices? Thomas DiLorenzo, economics professor and senior fellow...
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"Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? [This book] turns this thinking--and pretty much all conventional thinking about markets, both for and against--on its head. The book reveals...new ways to organize markets for the good of everyone. It shows how the emancipatory force of genuinely open, free, and competitive markets can reawaken the dormant...