Economics Does Not Lie: A Defense of the Free Market in a Time of Crisis (Hardcover)

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Editorial Reviews

Product Description

In the 20th century, privatization and market capitalism have reconstructed Eastern Europe and lifted 800 million people - in China, Brazil, and India - out of poverty. In Economics Does Not Lie, noted French journalist Guy Sorman reveals that behind this unprecedented growth is not only the collapse of state socialism but also a scientific revolution in economics - one that is as of yet dimly understood by the public but increasingly embraced by policymakers around the globe.

Product Details

• Hardcover: 250 pages
• Publisher: Encounter Books (July 20, 2009)
• Language: English
• ISBN-10: 1594032548
• ISBN-13: 978-1594032547
• Product Dimensions: 9.1 x 6 x 1.2 inches
• Shipping Weight: 1.8 pounds (View shipping rates and policies)
• Average Customer Review: 4.1 out of 5 stars  See all reviews (8 customer reviews)
• Amazon.com Sales Rank: #255,660 in Books (See Bestsellers in Books)

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Customer Reviews

Most Helpful Customer Reviews

20 of 25 people found the following review helpful:

5.0 out of 5 stars Extremely Helpful, July 16, 2009

By	LMiller59 - See all my reviews

Truly one of the best economics books to date. The principles Sorman outlines are nothing new, but the manner and clarity with which he does so certainly is. It demonstrates the necessity of the free market in these troubled economic times. Genius is when the complicated is made simple and clear. Sorman does exactly that.

25 of 33 people found the following review helpful:

5.0 out of 5 stars Useful Material for Laymen, July 15, 2009

By	Bernard Chapin "Ora Et Labora!" (CHICAGO! USA) - See all my reviews (TOP 500 REVIEWER)    (REAL NAME)

Well, first off, most of my writing concerns culture and I'm always looking for educational sources that can bolster my knowledge of economics and I certainly found one here in Guy Sorman's defense of the free market. What's the answer to our current crisis? More government spending--no, just kidding. It's allowing the people to keep the money that they earn. That's the true meaning of social justice. We need that mentality instilled in our leadership...now more than ever! Due to my own interests, the last chapter, "Will the Greenhouse Effect Leave Us Broke," was the one I found most valuable. With somehow perfect timing, the House just passed Cap and Steal so Sorman's commentary is very topical. There's no question that leftist attempts to sabotage our economy in the name of saving the world are a total boondoggle and I found his solution--allow for innovation--inspiring. I also thought his deconstruction of Nicholas Stern was outstanding. The whole book is great though.

7 of 9 people found the following review helpful:

5.0 out of 5 stars Very helpful for me - Best recent book on economics I've seen since the crisis, August 23, 2009

By	P. Farmwald "Mike" (Bay Area) - See all my reviews (REAL NAME)

I've been reading quite a few books on economics and the ongoing crisis. This is the best.

There are a fair number of books explaining the current crisis - the causes and and proposed fixes. Most are pretty good, but many seem to be very agenda driven - i.e. lets use the crisis to force some government to spend money fixing our favorite problems. Mr. Sorman write a very calm, well-reasoned and mostly-apolitical explanation of what nearly all economists would agree on.

The chapters on India, China, Brazil and Japan were especially well-thought-through.