- Hardcover: 1096 pages
- Publisher: TJS Books; First Edition edition (November 1, 1996)
- Language: English
- ISBN-10: 0915463733
- ISBN-13: 978-0915463732
- Product Dimensions: 11.2 x 8.3 x 2.2 inches
- Shipping Weight: 5 pounds
- Average Customer Review: 63 customer reviews
- Amazon Best Sellers Rank: #1,110,503 in Books (See Top 100 in Books)
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Capitalism: A Treatise on Economics First Edition Edition
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From Publishers Weekly
Reisman's ringing manifesto for laissez-faire capitalism free of all government intervention is at once a conservative polemic and a monumental treatise, brimming with original theories. that is remarkable for its depth, scope and rigorous argument. He rejects the Keynesian doctrine that government must adopt a policy of budget deficits to cope with unemployment, contending, to the contrary, that federal intervention in the economic system is a root cause of inflation, credit expansion, depression and mass unemployment. Reisman staunchly defends capitalists as risk-takers who raise the average worker's real wages and living standards, increasing productivity and improving the quantity and quality of goods. Socialism, he says, is the system that exploits labor and causes stifling monopolistic control. Professor of economics at L.A.'s Pepperdine University, Reisman frequently espouses unfashionable, some would say "extreme," views; for instance, he opposes mandatory recycling, defends insider trading of stocks as justifiable and beneficial and condemns laws banning child labor as an "inappropriate" response to a social ill. His call for a pro-capitalist political movement dedicated to the abolition of the welfare state, elimination of Social Security and Medicare, dismantling of public education, private ownership of all land, abolition of personal and corporate income taxes and a 90% cutback in government spending seems to put this tome beyond the pale of mainstream political debate?although it does come with advance raves from two Nobel laureates in economics. Conservative Book Club and Laissez Faire Book Club selection.
Copyright 1996 Reed Business Information, Inc.
"An expositon and defense of capitalism on a par with those of Mises and Hayek ." -- The Free Radical, June/July 1997
"Capitalism is . . . what a consistent, intelligent advocate of capitalism would say on almost any economic issue." -- FORTUNE, April 28, 1997
"Provides a comprehensive explanation of the nature and value of modern capitalism." -- Journal of Economic Literature, June 1998
"The most important tome about Austrian economics since Ludwig von Mises' Human Action and Murray Rothbard's Man, Economy, and State." -- 1997 Foundation for Economic Education Book Catalogue
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A life's work and a life's reading--the book the heart of which F.A. Hayek reckoned every "fully trained commentator ought to read if he wants to talk sense"--now available in easy-to-read Kindle form!
I have to say I've been studying and thoroughly enjoying the original heavyweight hard-cover version for the last fifteen years since its release, and with the best will in the world it has never been possible to read easily in the sort of places most of us like to read books, like in the bath, in bed, on the beach or out in the bush--or even on the couch, where wrestling with it can sometimes feel like having undergone a full workout. I pondered for a long time making the suggestion to the author that the next edition of the book be beautifully packaged into a boxed set of easy to carry paperbacks (say six or so), all in the name of portability, and one of which easily be slipped into a backpack.
But this electronic version is far, far better.
Not only do you have a book the size of an encyclopaedia that can now be read in the bath, but with one iPad containing this Kindle version of the book, AND the PDFs of all the books contained and recommended in Prof Reisman's self-study programme (most of which can easily be found in free or low-cost PDF, Kindle or ePub versions) learning and integrating the entire history of economics is now a breeze. A whole library of economics can now be at one's fingertips, complete with the most knowledgeable guide through it you're going to find!
That on its own made buying an iPad worthwhile. I thoroughly recommend the investment.
I can also say that having been through the self-study programme several times, including all the recommended readings, I appreciate more and more the subtitle of the original book: "...a complete and integrated understanding..." Such integration is a tremendous achievement--one I appreciate all the more every time I turn another page.
And now I can turn it without feeling like I've just done a workout!