Capitalism: A Treatise on Economics
by George Reisman
Publisher: Jameson Books 1996
Number of pages: 1100
Author 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.
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by Jolanta Iwin-Garzynska - InTech
Taxes will always introduce risks and uncertainties in business, due to the high volatility and uncertainty of tax law. Moreover, being a category that affects the economic growth, they cause disturbances in stability and welfare of the state.
by Jeffrey A. Tucker - Ludwig von Mises Institute
The state makes a mess of everything it touches. Tucker proposes this path: see how the state has distorted daily life, rethink how things would work without the state, and fight against the intervention in every way that is permitted.
by Lewis Corey - Covici, Friede
The depression which set in after 1929 was the worst economic disaster in American history. It was aggravated by the acute world crisis, a major catastrophe of capitalism. The revival, because of its speculative character, did not lead to recovery.
by Gerald Epstein - International Labour Organization
Argues that monetary policy should be expanded to consider employment creation along with inflation control where unemployment and underemployment are a cause for concern. Discusses a range of policy options that can be used to pursue this goal.