Books: The Politically Incorrect Guide to Capitalism by Robert P. Murphy
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Robert Murphy is an Austrian Economist and host of the Bob Murphy Show. From Wikipedia: The Politically Incorrect Guide to Capitalism argues against criticisms of capitalism, amongst which are: "It causes ecological destruction. It causes vast income inequality, as well as racism. It causes an unpredictable boom and bust cycle." Instead, Murphy argues that they result from government efforts to regulate the free market that have the effect of distorting laissez-faire supply and demand that would encourage the most rational allocation of resources possible, as well as their conservation for future generations.
Books: The Politically Incorrect Guide to Capitalism by Robert P. Murphy
Books: The Politically Incorrect Guide to…
Books: The Politically Incorrect Guide to Capitalism by Robert P. Murphy
Robert Murphy is an Austrian Economist and host of the Bob Murphy Show. From Wikipedia: The Politically Incorrect Guide to Capitalism argues against criticisms of capitalism, amongst which are: "It causes ecological destruction. It causes vast income inequality, as well as racism. It causes an unpredictable boom and bust cycle." Instead, Murphy argues that they result from government efforts to regulate the free market that have the effect of distorting laissez-faire supply and demand that would encourage the most rational allocation of resources possible, as well as their conservation for future generations.