"A magnificent job of theoretical exposition."
“I strongly recommend that every American acquire some basic knowledge of economics, monetary policy, and the intersection of politics with the economy. No formal classroom is required; a desire to read and learn will suffice. There are countless important books to consider, but the following are an excellent starting point: The Law
by Frédéric Bastiat; Economics in One Lesson
by Henry Hazlitt; What has Government Done to our Money?
by Murray Rothbard; The Road to Serfdom
by Friedrich Hayek; and Economics for Real People
by Gene Callahan.
If you simply read and comprehend these relatively short texts, you will know far more than most educated people about economics and government. You certainly will develop a far greater understanding of how supposedly benevolent government policies destroy prosperity. If you care about the future of this country, arm yourself with knowledge and fight back against economic ignorance. We disregard economics and history at our own peril.”
—Ron Paul, Representative from Texas
From the Inside Flap
A simple, straightforward analysis of economic fallacies that are so prevalent they have almost become a new orthodoxy.