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The Politically Incorrect Guide to Capitalism
Topic-by-topic, Murphy takes on every argument against free markets — safety regulations, environmental policy, discrimination laws, minimum wage, rent control — and shows how markets handle each better than government. An entertaining, accessible Austrian economics primer that has changed countless minds. The chapter on insurance and liability will make you see government safety mandates in a completely different light.
This is one of the most important works in the liberty tradition — essential for any serious student of free markets and individual rights.
What You'll Learn from The Politically Incorrect Guide to Capitalism
- 1This work offers rigorous analysis of its subject from a liberty-oriented perspective.
- 2The author builds a systematic argument from first principles.
- 3The implications for policy and practice are far-reaching.
- 4Readers will gain tools for understanding the unintended consequences of intervention.
- 5Essential reading for anyone serious about the ideas of freedom.
Robert P. Murphy
Robert P. Murphy is a leading thinker in the tradition of economic and political liberty. This work represents a significant contribution to the literature of freedom and free markets, and has influenced generations of students and scholars.