A World of Wealth: How Capitalism Turns Profits into Progress - fsboteaneck.com Books and Reviews
A World of Wealth: How Capitalism Turns Profits into Progress
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A World of Wealth: How Capitalism Turns Profits into Progress
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Editorial Review:
"Thomas Donlan's defense of free market capitalism is especially timely today given all the pressures to regulate and stifle it. The anti-globalization movement wants more trade protectionism and less immigration. The global credit crisis is putting pressure on governments to bail out irresponsible lenders and borrowers at taxpayers' expense. Instead, Donlan convincingly and clearly explains why we would all prosper more by doing all we can to make markets freer." --Ed Yardeni, President, Yardeni Research, Inc. "Thomas Donlan reminds us all that capitalism is not simply one choice among different and equally valid economic systems, but instead that hard work and the accumulation of wealth is the natural tendency of successful people and healthy societies around the world." --Christopher Whalen, Managing Director, Institutional Risk Analytics "It has been several decades since Joseph Schumpeter observed that the philosophical defense of a free-market economy must never cease. Thomas Donlan has taken up that challenge, but this clear-eyed book is much more than a defense.It is a magnificently constructed explanation of how the world works and why free-market capitalism continues to offer the greatest hope for solving our greatest challenges. " --Carl J. Schramm, Ph.D., President, Kauffman Foundation "The author brings to the table a healthy skepticism of the conventional wisdom, an admirable ability to separate fact from fancy, and an undisguised repugnance for the mumbo-jumbo that's the curse of so much commentary on anything to do with economics or investment. A World of Wealth is not only a lively read, but an exceptionally enlightening and rewarding one to boot." --Alan Abelson, Barron's Columnist "With the facts of a primer laid out in the fast-paced narrative of a storyteller, Thomas Donlan's A World of Wealth lucidly explains today's marketplace. From the credit crisis to immigration and from oil prices to global warming, the book guides the reader through the economic issues of our day--jargon-free. It's a fast, fun read that illuminates while it entertains." --Thomas W.Hazlett, Professor of Law & Economics, George Mason University "An indispensable--and highly readable--primer on how the economic world really works, whether politicians of both left and right want it to work that way or not. If it were required reading for all political reporters, they might do a lot more reporting and carry a lot less water in the process."--John Steele Gordon, Author of Empire of Wealth: The Epic History of American Economic Power Acknowledgments xii About the Author xiii Introduction xv Chapter 1: The Capitalist Answer to the "Energy Crisis": Pay Higher Prices 1 Chapter 2: The Capitalist Approach to Environmental Pollution and Global Warming: Breathe Easy 23 Chapter 3: A Capitalist Prescription for Trade: Free Exchange Enriches Both Sides of Every Deal 43 Chapter 4: Capitalist Immigration Policy: Tear Down the Walls 65 Chapter 5: The Essential Elements of Capitalism: Investment and Invention 81 Chapter 6: The Capitalist Take on Taxes: Keep Taxes Low and Equal 93 Chapter 7: The Capitalist Struggle against Low Finance: Price Controls and Regulation Endanger the Free Market 113 Chapter 8: A Capitalist Diagnosis for the High Cost of Health Care: Pay What It's Worth 131 Chapter 9: The Capitalist Approach to Retirement Security: It's an Individual's Duty First 149 Chapter 10: A Capitalist Look at the Current Economy 169 Chapter 11: The Capitalist Quest for Productivity 185 Reading Further 201 Index 205
Customer Reviews:
Avg. Customer Rating: 4.0 / 5.0
Not quite entertaining but an excellent primer.:
In light of recent economic events I thought that this might be a worthwhile read and I was not disappointed. While a bit dry it seems positively drenched in prose compared to what I remember of economics textbooks in college! The author clearly knows his subject matter inside and out and gives us an excellent brief on the inner workings of capitalism as we know it. It won't be the most entertaining book you'll read this year but it will provide you with some excellent insight into how our economy works and... more info
A Timely Defense of Capitalism:
Watch Video Here: http://www.amazon.com/review/R1LSST8EFGC453 "Good Book; Bad Timing":
The editor of Barron's National Business and Finance Weekly, Thomas Donlan is one of the most articulate spokesperson for the virtues of Capitalism. In this book, he lays out the arguable thesis that Capitalism is the best and only way to foster progress in society.more info Bad Timing for Free-Market Advocate:
Many attribute the current economic free-fall to a failure to properly regulate markets. While it is important that we not swing too far toward over regulation, Donlan's book isn't all that convincing that free-markets are the way to go.more info Accessories:
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