
The Politically Incorrect Guide to Capitalism
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
3 months free
Buy for $9.77
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
-
Narrated by:
-
Perry Richards
Murphy explains hot topics like outsourcing (why it's good for Americans) and zoning restrictions (why they're not). Just like the other books in the P.I.G. series, The Politically Incorrect Guide to Capitalism pulls no punches. Murphy defends the free market on such issues as safety regulations, racial discrimination, and child-labor laws, in a breezy manner that is anything but textbook-like. The Politically Incorrect Guide to Capitalism sets the record straight on everything you thought you knew about economics.
©2007 Robert P. Murphy (P)2007 Blackstone Audio Inc.Listeners also enjoyed...




















Critic reviews
"An invaluable introduction to free-market economics." (Congressman Ron Paul)
People who viewed this also viewed...













Very reasoned and solid.
Excellent and sober
Something went wrong. Please try again in a few minutes.
Excellent subject presentation!
Something went wrong. Please try again in a few minutes.
A Frank and Straightforward Look at Our System
Something went wrong. Please try again in a few minutes.
easy to understand economics study
Something went wrong. Please try again in a few minutes.
Simple and entertaining
Something went wrong. Please try again in a few minutes.
Great information
Something went wrong. Please try again in a few minutes.
What about contraband and the black market?
Something went wrong. Please try again in a few minutes.
Read and learn!
Something went wrong. Please try again in a few minutes.
First, Capitalism is NOT a form of government so conflating it as such is a waste of time.
Second, "Pure" Capitalism would not be as idealistic as the author makes it out to be. It would be near unworkable like other extreme forms of popularism. Crony Capitalism and Coruption is a certainty when monopolies are concerned. I noticed that he did not mention the Microsoft Coruption over things like third party software like ZIP. Only the nonsense with Internet Explorer.
Third, Gobalism is a cancer upon humanity. Having a subjective "higher standards of living" by having oranges in winter snow do not make up for the fact that "Elites" use globalism as the levers of power to oppress the common man. This was just seen with the Lockdowns. They can now use hunger as a weapon because of outsourcing of production. It is also naive to think that foreign countries will not use blockades and sanctions to wage economic warfare. Look at European gas/energy prices and American Inflation as an example of the failure of globalism.
Fourth, since perfect information is not available to customers/employees/producers sometimes government regulation is preferred to free market forces. The fallcy comes in leaving the regulation in place after the market matures. The US car industry had sealed beam headlights as a mandatory standard. These were inarguably superior to European lights, until they were not. At which the regulation was petitioned for removal. Customers been human cannot always make the best choice. While more freedom from the government is always better regulation serves a role in modern society. The system has become too complex for anything else.
This book was filled with excellent economic theory, however. The Gold Standard was an excellent controller of government spending. The book is also correct in establishing the causal link between Inflation and money printing. While I totally agree about the inevitable failure and waste fullness of governmental spending programs.
Some programs must be paid for regardless of efficiency. Millitary/Police/Firefighter/Emergency Medical Services/Courts. These services should not be privatized for a number of reasons. You may have noticed I did not include Education or Wellfare. Education should always be up to the individual as should personal care.
I recommend this book to people who have a grasp on economics already.
50% Economic Theory 50% Economic Idealism
Something went wrong. Please try again in a few minutes.
Destroying Myths in Few Words
Something went wrong. Please try again in a few minutes.