From financial crises, to pandemic price-spikes, to recurring cycles of inflation, everyone agrees: the economy has seen better days.
But as soon as pundits and politicians start discussing economics, things get murky. Most books ask more questions than they answer.
Most books...but not this one.
Judy Shelton--Senior Fellow at Independent Institute, former Chairman of the National Endowment for Democracy, and critically acclaimed monetary economist--has written a book with answers.
And not a moment too soon.
With clarity and moral courage, Shelton charts the course to a brighter future. She's one of the few economists bold enough to challenge the inflationary policies of the Federal Reserve, emphasizing how today's policies enrich elites at the expense of--you guessed it--poor and middle-class Americans. This, Shelton insists, must end. And it can end--easily.
But Shelton doesn't stop there. Her vision is for not only America but also for people around the world. Global, economic upliftment, she insists, need not come at the expense of domestic prosperity. We can have both--but not without a sound and stable U.S. currency.
And history is very clear on this point. When the U.S. dollar is backed by gold, America prospers, and so does the rest of the world. In this book, Shelton casts a powerful vision that is as revolutionary as it is time-tested...a vision that shows how the future American dollar can perform as good as gold...
...or even better.
But this is no curmudgeonly demand to return to the gold standard of yore. Neither is it a demand to return to the Bretton Woods era. Instead, Shelton offers something new: an explanation of how we can use gold for a new international monetary order. Step by step, she lays out how gold can provide a universal measure of value across borders, create new financial opportunities, and dramatically increase prosperity around the world.
If you care about the poor, rich, and everyone in between, you have to read this book ... and discover:
- how price stability functions as the foundation for productive economic growth;
- how political freedom and economic freedom are fundamentally linked ... and how one cannot exist without the other;
- how to reconcile the stability of America's domestic currency in a global context;
- the proper role of government in the economy;
- and much, much more ...
Writing with a sober but hopeful voice, Shelton is no ordinary economist. With grace, intellectual rigor, and unmatched passion, this book is a must-read for anyone invested in the future of the American--and global--economy. You'll walk away with more answers than questions--a rare experience for anyone who reads about monetary policy.
In Hot Talk, Cold Science, Fred Singer looks at the issue of climate change the way a physicist should. He asks probing questions and offers reasoned possibilities. He notes the obvious weaknesses that others too often ignore.... Fortunately, some like Dr. Singer still prefer the joys and value of scientific inquiry.
--Richard S. Lindzen, Alfred P. Sloan Professor Emeritus of Meteorology, M.I.T.
In sum, despite all the hot talk--and outright duplicity--there is no climate crisis resulting from human activities and no such threat on the horizon.
In this long-awaited updated edition of Race & Liberty in America: The Essential Reader, editor Jonathan Bean draws on timeless and urgent insights from America's most principled anti-racist standard-bearers--and they could not be more relevant for our troubled and polarized time.
In 2009, when Race & Liberty in America: The Essential Reader was originally published, there was a spirit of optimism surrounding race relations. Fifteen years later, a far different spirit prevails: one fraught with tensions, many regrettably familiar and some new.
Which raises the question: What happened? And more importantly: How can we set things right?
With new contributions from Thomas Sowell, Coleman Hughes, Thomas Chatterton Williams, Wilfred Reilly, Kenny Xu, David Bernstein, and Ilya Somin--as well as a plethora of primary source evidence from recent landmark US Supreme Court decisions--Bean champions the values of colorblindness, freedom, and equal constitutional protection for all individuals--regardless of race.
It's a message that couldn't be more timely.
This first collection of writings on race and immigration to document the role of the classical liberal tradition--a tradition rooted in natural law principles of individual rights and liberty--reveals:
From the Declaration of Independence, the antislavery movement, post-Civil War reconstruction, the Progressive Era, the Great Depression and World War II, the civil rights era, George Floyd and Black Lives Matter, all the way up to the present day--each chapter in this new and improved updated edition illuminates how specific time periods in American history grappled with the demands of equality.
Citing such influential Americans as Thomas Jefferson, Louis Marshall, Frederick Douglass, Booker T. Washington, and Zora Neale Hurston, plus those missing from other books and heretofore lost to history, Bean shows how classical liberal thought on race relations has helped shape both law and public opinion ... and how it will need to do so again, if America as we know it is to prosper and thrive.
If you're ready to trade the tired and failed left-versus-right politics for timeless principles that actually work and uplift societies, read Race & Liberty in America.
A copy of the top-secret memo below recently came into our hands, and we thought we should bring it to your attention!
Dear National Security Elite:
In an ideal world, the public would simply accept whatever their leaders--you, in other words--told them. They would comply with restrictions and mandates, not as a matter of mere obedience, but as a matter of unquestionable patriotic duty.
But we don't live in an ideal world.
And with the fate of the world, especially the world's wars, in the hands of our enlightened, benevolent, and eminentlyresponsible national security elite--in your hands, in other words--we can't afford to risk opening the conversation to an informed public.
And we certainly can't risk asking for anything so antiquated as consent, either.
Not when the stakes are this high.
You simply must learn:
After all, people may realize that the national security elite--you, in other words--are not, in fact, all-powerful harbingers of peace...
They may realize that you are, literally, a force for good... armed and relentlessly attempting to bend the planet to your noble will.
And that realization would be nothing short of disastrous.
Don't let this book fall into the wrong hands!
Merciless in their penetrating analysis, Christopher J. Coyne and Abigail Hall have written the satirical portrait of America's contemporary military-industrial complex. Drawing inspiration from the 1936 classic How to Run a War, by Bruce W. Knight, this book is a must-read for anyone who would know the truth about America's endless wars and the people who run them....
The truth might just set us free.
It will certainly make you laugh.
Then--really angry.
Unlike what usually passes for economics in many classrooms, government, the media and elsewhere, Choice is an engaging and intriguing book that provides something quite unique: a genuine treatise on economics that both instructs and entertains both economists and general readers. Drawing on the seminal volume by the Austrian School economist Ludwig von Mises, Human Action, and comparing classical and neoclassical approaches, Choice is a creative, comprehensive, and unusually lucid book on economic science and market processes. The book illuminates free economies as underpinning civilization, the folly of government central planning, the primacy of entrepreneurship and innovation, the nature of money and banking, the causes of the business cycle, the failures of government intervention, and more.
As a result, Choice teaches economic principles and exposes economic fallacies, and any reader will learn both the important truths about economics and the
In this long-awaited updated edition of his groundbreaking work Priceless: Curing the Healthcare Crisis, renowned healthcare economist John Goodman (father of Health Savings Accounts) analyzes America's ongoing healthcare fiasco--including, for this edition, the failed promises of Obamacare.
Goodman then provides what many critics of our healthcare system neglect: solutions.
And not a moment too soon. Americans are entangled in a system with perverse incentives that raise costs, reduce quality, and make care less accessible. It's not just patients that need liberation from this labyrinth of confusion--it's doctors, businessmen, and institutions as well.
Read this new work and discover:
Thoroughly researched, clearly written, and decidedly humane in its concern for the health of all Americans, John Goodman has written the healthcare book to read to understand today's healthcare crisis. His proposed solutions are bold, crucial, and most importantly, caring. Healthcare is complex. But this book isn't. It's clear, it's satisfying, and it's refreshingly human.
If you read even one book about healthcare policy in America, this is the one to read.
Evaluating presidents on the merits of whether their policies promoted peace, prosperity, and liberty, this ranking system takes a distinctly new approach. Historians and scholars have long tended to give higher rankings to presidents who served during wartime, were well spoken, or exceeded in expanding the power of the executive office. However, this new examination cuts through these longstanding biases and political rhetoric to offer a new nonpartisan system of ranking that is based purely on how well each president's policies adhered with the founders' original intention of limiting federal power in all its aspects. As a result, the book provides an alternative history of the United States as seen through the founders' likely vision of subsequent presidential actions. These presidential rankings will surprise most and enlighten even acknowledged experts on the presidency.
James Tooley has taken his argument about the transformative power of low-cost private education to a new and revelatory level in Really Good Schools. This is a bold and inspiring manifesto for a global revolution in education.
--Niall C. Ferguson, Milbank Family Senior Fellow, Hoover Institution, Stanford University
Almost overnight a virus has brought into question America's nearly 200-year-old government-run K-12 school-system--and prompted an urgent search for alternatives. But where should we turn to find them?
Enter James Tooley's Really Good Schools.
A distinguished scholar of education and the world's foremost expert on private, low-cost innovative education, Tooley takes readers to some of the world's most impoverished communities located in some of the world's most dangerous places--including such war-torn countries as Sierra Leone, Liberia, and South Sudan.
And there, in places where education experts fear to tread, Tooley finds thriving private schools that government, multinational NGOs, and even international charity officials deny exist.
Why?
Because the very existence of low-cost, high-quality private schools shatters the prevailing myth in the U.S., U.K., and western Europe that, absent government, affordable, high-quality schools for the poor could not exist.
But they do. And they are ubiquitous and in high demand. Founded by unheralded, local educational entrepreneurs, these schools are proving that self-organized education is not just possible but flourishing--often enrolling far more students than free government schools do at prices within reach of even the most impoverished families.
In the course of his analysis Tooley asks the key questions:
■ What proportion of poor children is served?
■ How good are the private schools?
■ What are the business models for these schools?
■ And can they be replicated and improved?
The evidence is in. In poor urban and rural areas around the world, children in low-cost private schools outperform those in government schools. And the schools do so for a fraction of the per-pupil cost.
Thanks to the pandemic, parents in America and Europe are discovering that the education of their children is indeed possible--and likely far better--without government meddling with rigid seat-time mandates, outdated school calendars, absurd age-driven grade levels, and worse testing regimes. And having experienced the first fruits of educational freedom, parents will be increasingly open to the possibilities of ever greater educational entrepreneurship and innovation.
Thankfully, they have Really Good Schools to show the way.
In this eye-opening book, Professor James Bennett guides readers through centuries of one of the most underrated yet widely used aspects of American life--roads.
Relying on history and economic data--and with a humorous and oftentimes sharp tongue--Bennett explains how important America's highways and byways have been to everything from policymaking to everyday life.
Crafting America's roads took persuasion, planning--and more taxes than any politician could have dreamed of. And far too often their realization, thanks, in Bennett's view, to flawed interpretations of the power of eminent domain, required destruction, sometimes on a massive scale, of long-established neighborhoods and important cityscapes.
Likewise, the upkeep of America's highways has been the center of many a policy battle, waged by Republicans and Democrats alike.
Yes, we all want roads in good working condition--but just how and who will pay for them remain contentious questions.
Bennett argues persuasively that the road forward just might be a second, but more serious, sustained look at, and local experimentation with, private roads and toll roads.Agree or disagree with him, Bennett has written a significant contribution to America's ongoing debate about how her citizens should traverse, from sea to shining sea, its fruited plain.