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Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It Hardcover – June 3, 2014
"Enlightenment Now: The Case for Reason, Science, Humanism, and Progress"
Is the world really falling apart? Is the ideal of progress obsolete? Cognitive scientist and public intellectual Steven Pinker urges us to step back from the gory headlines and prophecies of doom, and instead, follow the data: In seventy-five jaw-dropping graphs, Pinker shows that life, health, prosperity, safety, peace, knowledge, and happiness are on the rise. Learn more
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"A true gem of a book ... Lucid, informative, timely." The Wall Street Journal 20140730
From the Back Cover
"Money clearly illustrates that sound money is an essential foundation for a free and prosperous society and that the Federal Reserve's current policies are a greater threat to the economic future of the U.S. than government deficit spending. This is an important book well worth reading."
John A. Allison, President and CEO, Cato Institute, and author of the New York Times bestselling The Financial Crisis and the Free Market Cure
"Few topics today are as misunderstood as the subject of money. Steve Forbes understands money better than most heads of state do, and in this provocative book he shares his vast knowledge and gives us sensible and time-tested recommendations for stopping future financial meltdowns."
Lawrence Kudlow, CNBC Senior Contributor
“Economic and monetary policies can be difficult to master for even the savviest politicians. Money effectively communicates these complexities into a cohesive argument for economic recovery and preventing a new financial crisis. Steve Forbes and Elizabeth Ames deliver a gripping read and an intriguing viewpoint on how to get our economy back on track.”
Greta Van Susteren, host of On the Record, Fox News Channel
"In this fascinating book, Steve Forbes makes the case for sound money and shows why a money system based on free trade--a system that allows the entrepreneurial dream to flourish--is not just good business; it also makes for a good society. Money is a rock-solid argument for the virtues of capitalism."
John Mackey, Co-founder and Co-CEO, Whole Foods Market; coauthor of the New York Times bestselling Conscious Capitalism
“Forbes and Ames’s case can be persuasive, especially on stimulus and inflationary risk.”
"Readable and entertaining . . . The closing chapters include helpful recommendations for how readers can preserve their wealth and hopeful suggestions for corrective major reforms that can help maintain current stability, end interest rate manipulation, and restore the nation’s economic health. . . . Highly recommended."
Top customer reviews
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He and Elizabeth Ames also clearly spell out what money really means to society. Money is..."a system of communication that allows people to meet needs in an economy by conveying what others value and desire." Another wow.
"Money" impressed me so much that I'm giving it to all my nieces, nephews, and godchildren as well a number of colleagues for their summer reading.
As Steve points out, money is both a symbol of trust and a medium of information. It allows strangers to trade. It allows entrepreneurs to concentrate their best energies on their innovations, and not on time-wasting hedges. Money is one of humankind's great abstract inventions, along with language and math. And yes, it was humans and the market that invented money. Not a king or government.
Throughout history governments have tinkered with the value of their currencies. Many times the goal was outright theft. More recently the goals of currency manipulation have been to pay off debts with cheapened money, or to smooth the cycles of capitalism. The damage is the same regardless of motive. When money is manipulated, trust is damaged. Information becomes murky. Wealth flows from productive activity to inflation hedges. Economic growth stalls or reverses.
Stable money should not be a Republican vs. Democrat wedge issue, even if some negative reviewers here imply that it is. While Steve is no fan of Obama's monetary policy, he was no fan of George W. Bush's, either. Steve saves monetary hell's inner circle for Richard Nixon.
I said at the outset that Money is a must-read. I apologize for the cliche, which too often is code language for a solid-but-boring book. Money is fun; it reads like a page-turning biography.
Disclosure: I work for Forbes as its publisher and a columnist. If I didn't like this book, I would not have written a bad review. I would not have written a review at all.
Overall, this book gives you a great understanding of the issues afflicting our society today. You will come away from reading this with an appreciation for how important stable money is to our everyday lives. I sincerely hope that some of our elected officials in Washington will read this book – and learn from it!
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Forbes Magazine, and grandson of the publication’s founder, B.C.Read more