Tag Archives: economics

The Capitalist Manifesto by Louis O. Kelso and Mortimer J. Adler: turning the 1% into the 100%

The Capitalist Manifesto by Louis O. Kelso My rating: 5 of 5 stars This mature, rational examination of what kind of economy a modern democracy needs to have is even more relevant today than it was in 1958. I bought … Continue reading

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on the multiplication of labor

Golly, it’s been almost 2 months since my last post. What can I possibly offer as an excuse? The standard one would be “I didn’t have time”—but I don’t believe in that excuse. For we all have the same amount … Continue reading

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Poor Economics by Abhijit Banerjee and Esther Duflo: think small, and feel good

Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty by Abhijit V. Banerjee My rating: 5 of 5 stars A lively account of the application of the methods of science to a field where politics, philosophy, and … Continue reading

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The Great Deformation by David A. Stockman: what exactly has gone wrong

The Great Deformation: The Corruption of Capitalism in America by David A. Stockman My rating: 4 of 5 stars A massive, undocumented polemic that nonetheless tells it like it is. I hadn’t heard of David Stockman until I came across … Continue reading

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Why Nations Fail by Daron Acemoglu & James A. Robinson

Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoğlu My rating: 4 of 5 stars While perhaps overlong and a bit dry, this book contains insights that go a long way, at least on a political … Continue reading

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The Case for Gold by Ron Paul and Lewis Lehrman

The Case for Gold: A Minority Report of the United States Gold Commission by Ron Paul My rating: 4 of 5 stars This thoughtful, well-researched examination of America’s monetary predicament has only become more relevant in the 31 years since … Continue reading

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The Failure of the New Economics by Henry Hazlitt

The Failure of the New Economics: An Analysis of the Keynesian Fallacies by Henry Hazlitt My rating: 4 of 5 stars This detailed critique of John Maynard Keynes’s The General Theory of Employment, Interest, and Money is much better written … Continue reading

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The General Theory of Employment, Interest, and Money by John Maynard Keynes

The General Theory of Employment, Interest, and Money by John Maynard Keynes My rating: 1 of 5 stars Bad writing, confused thinking, pernicious policies. I first encountered the name Keynes when reading a Time magazine article in around 1975 about … Continue reading

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Capitalism 3.0 by Peter Barnes

Capitalism 3.0: A Guide to Reclaiming the Commons by Peter Barnes My rating: 4 of 5 stars You don’t need to accept all of the author’s left-wing enthusiasms in order to embrace his central idea, which may very well be … Continue reading

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The Commonwealth of Life by Peter G. Brown

The Commonwealth of Life: Economics for a Flourishing Earth by Peter G. Brown My rating: 4 of 5 stars An inspiring vision is presented in a technical and academic work that contains some possibly troubling implications. In January 2008 I … Continue reading

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