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 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 crucial value of individual choice, entrepreneurship, and free markets.
The bestselling citizen’s guide to economics “Thomas Sowell is the nation’s greatest living economist.” —American Spectator Basic Economics is a citizen’s guide to economics, written for those who want to understand how the economy works but have no interest in jargon or equations. Bestselling economist Thomas Sowell explains the general principles underlying different economic systems: capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English.
The collapse of the Zimbabwe dollar in 2009 after years of rampant money printing is a frightening example of what lies in store for countries that resort to printing money to pay national debts, bail out banks and oligarchs, and enrich political elites. When Money Destroys Nations tells the gripping story of the disintegration of the once thriving Zimbabwean economy and the inspiring and tragic accounts of how ordinary people survived in turbulent circumstances. Philip Haslam and Russell Lamberti give a straightforward and revealing account of the causes and consequences of Zimbabwe's hyperinflation. Countries around the world are resorting to money printing with their stimulus packages and quantitative easing. Zimbabwe's economic collapse is not an isolated tragedy. It holds lessons for all countries and for all political leaders tempted to take illusory and perilous shortcuts to prosperity. Zimbabwe's lessons must not be ignored. This is the story of When Money Destroys Nations. "Haslam and Lamberti have produced a fascinating, accessible account of how Zimbabweans actually lived (and died) during the world's second-highest hyperinflation..." - Professor Steve H. Hanke, Johns Hopkins University
NEW YORK TIMES BESTSELLER * MORE THAN ONE MILLION COPIES SOLD “A provocative read...There are few tomes that coherently map such broad economic histories as well as Mr. Dalio’s. Perhaps more unusually, Mr. Dalio has managed to identify metrics from that history that can be applied to understand today.” —Andrew Ross Sorkin, The New York Times From legendary investor Ray Dalio, author of the #1 New York Times bestseller Principles, who has spent half a century studying global economies and markets, Principles for Dealing with the Changing World Order examines history’s most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those we’ve experienced in our lifetimes—and to offer practical advice on how to navigate them well. A few years ago, Ray Dalio noticed a confluence of political and economic conditions he hadn’t encountered before. They included huge debts and zero or near-zero interest rates that led to massive printing of money in the world’s three major reserve currencies; big political and social conflicts within countries, especially the US, due to the largest wealth, political, and values disparities in more than 100 years; and the rising of a world power (China) to challenge the existing world power (US) and the existing world order. The last time that this confluence occurred was between 1930 and 1945. This realization sent Dalio on a search for the repeating patterns and cause/effect relationships underlying all major changes in wealth and power over the last 500 years. In this remarkable and timely addition to his Principles series, Dalio brings readers along for his study of the major empires—including the Dutch, the British, and the American—putting into perspective the “Big Cycle” that has driven the successes and failures of all the world’s major countries throughout history. He reveals the timeless and universal forces behind these shifts and uses them to look into the future, offering practical principles for positioning oneself for what’s ahead.
Some technologies change industries. Others change civilization. Is Bitcoin simply a new form of money—or is it redefining the relationship between individuals, property, and the State? In The Philosophy of Bitcoin, philosopher and legal scholar Álvaro D. María explores the deeper ideas behind one of the most significant technological innovations of the modern era. Rather than focusing on markets or price movements, he examines Bitcoin through the lenses of philosophy, political theory, economics, history, and law, revealing why its greatest impact may extend far beyond finance. Originally published in Spanish to widespread acclaim, this influential work introduced readers to a new way of thinking about Bitcoin: not merely as a digital asset, but as a civilizational innovation capable of transforming institutions, incentives, and the organization of society itself. Inside, you'll explore: • The philosophical foundations of money and property • How Bitcoin challenges traditional ideas about the State and political power • Why technological breakthroughs have historically transformed civilization • The evolution of individual sovereignty in the digital age • New models of cooperation, governance, and social coordination • Why Bitcoin may represent one of the defining innovations of the twenty-first century Drawing on centuries of philosophical thought while remaining firmly grounded in modern economics and technology, D. María makes complex ideas accessible without sacrificing intellectual depth. His work bridges philosophy, law, economics, and political theory into a compelling examination of the ideas reshaping our world. Praised by economists, entrepreneurs, scholars, and Bitcoin pioneers—including Samson Mow, Gabriel Kurman, Prince Philip of Serbia, Javier Bastardo, and Lunaticoin—The Philosophy of Bitcoin has become one of the most respected philosophical works in Bitcoin literature. Whether you're interested in Bitcoin, political philosophy, Austrian economics, law, history, or the future of civilization, this book offers a thoughtful framework for understanding why Bitcoin has become far more than a monetary innovation. A lasting addition to the library of anyone seeking to understand the philosophical foundations of Bitcoin and the future of human freedom.
BLACK & WHITE VERSION Peercoin (PPC) is a decentralised cryptocurrency similar to Bitcoin. It was the first cryptocurrency to introduce a new form of timestamping (proof of stake) that allows users of the wallet to receive a 1% rate of return on their holdings per year. This book is a detailed history of the first year of Peercoin up to the 19th of August 2013 (the time at which the blockchain had been usable for one year by the general public).
Where does money come from? Where does it go? Who makes it? The money magicians' secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait! You'll be hooked in five minutes. Reads like a detective story - which it really is.
A bold and eye-opening exposé on how power and propaganda distort the news, now more relevant than ever • With an updated introduction “[A] compelling indictment of the news media’s role in covering up errors and deceptions in American foreign policy.”—The New York Times Book Review Renowned scholars Edward S. Herman and Noam Chomsky reveal how U.S. news media, far from being independent watchdogs, often function as tools of elite influence. With probing analysis, they present their Propaganda Model, a framework that explains how systemic bias shapes the stories we’re told, the voices we hear, and the truths that remain hidden. Through deeply researched case studies, from the Vietnam War to coverage of “worthy” vs. “unworthy” victims, Manufacturing Consent exposes the structural forces that drive news organizations to reinforce power rather than question it. It’s a sobering portrait of a media system more interested in maintaining order than informing the public. This edition includes an introduction updating key examples and expanding the Propaganda Model’s relevance to issues like the coverage of NAFTA, the media’s treatment of global protests, and environmental regulation. Manufacturing Consent is a powerful assessment of how propagandistic the U.S. mass media are, how they systematically fail to live up to their self-image as providers of the kind of information that people need to make sense of the world, and how we can understand their function in a radically new way. Whether you’re a student, activist, or citizen looking to see beyond the headlines, this book will transform how you understand the media—and the world around you.
Two renowned investment advisors and authors of the bestseller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century. The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization. Few observers of the late twentieth century have their fingers so presciently on the pulse of the global political and economic realignment ushering in the new millennium as do James Dale Davidson and Lord William Rees-Mogg. Their bold prediction of disaster on Wall Street in Blood in the Streets was borne out by Black Tuesday. In their ensuing bestseller, The Great Reckoning, published just weeks before the coup attempt against Gorbachev, they analyzed the pending collapse of the Soviet Union and foretold the civil war in Yugoslavia and other events that have proved to be among the most searing developments of the past few years. In The Sovereign Individual, Davidson and Rees-Mogg explore the greatest economic and political transition in centuries--the shift from an industrial to an information-based society. This transition, which they have termed ""the fourth stage of human society,"" will liberate individuals as never before, irrevocably altering the power of government. This outstanding book will replace false hopes and fictions with new understanding and clarified values.
Un monde engagé dans le difficile passage de la féodalité à la Renaissance, de la théocratie à la science. Un monde ravagé par des guerres et par des ambitions. Mais qui n'est pas notre Terre. Cette planète connaît une autre histoire. Tout aussi barbare. Et sur ce monde étranger, éloigné dans le temps et dans l'espace, qui ne sait rien d'autres civilisations essaimées dans l'espace, deux étrangers se croisent, s'effleurent à peine. Un médecin, Vossll, qui est aussi une femme, et un guerrier, Dewar. Ils n'ont apparemment rien en commun, sauf de surprenants savoirs. Au jeu de la compassion et de la cruauté, ils vont échanger leurs rôles. Avant peut-être de retourner vers leur véritable univers. Inversions est le cinquième volet du cycle de la Culture. Les quatre précédents, Une forme de guerre, L'Homme des jeux, L'Usage des armes et Excession ont été publiés dans la même collection.
This is the first genuine etymological dictionary of Old Chinese written in any language. As such, it constitutes a milestone in research on the evolution of the Sinitic language group. Whereas previous studies have emphasized the structure of the Chinese characters, this pathbreaking dictionary places primary emphasis on the sounds and meanings of Sinitic roots. Based on more than three decades of intensive investigation in primary and secondary sources, this completely new dictionary places Old Chinese squarely within the Sino-Tibetan language family (including close consideration of numerous Tiberto-Burman languages), while paying due regard to other language families such as Austroasiatic, Miao-Yao (Hmong-Mien), and Kam-Tai. Designed for use by nonspecialists and specialists alike, the dictionary is highly accessible, being arranged in alphabetical order and possessed of numerous innovative lexicographical features. Each entry offers one or more possible etymologies as well as reconstructed pronunciations and other relevant data. Words that are morphologically related are grouped together into "word families" that attempt to make explicit the derivational or other etymological processes that relate them. The dictionary is preceded by a substantive and significant introduction that outlines the author’s views on the linguistic position of Chinese within Asia and details the phonological and morphological properties, to the degree they are known, of the earliest stages of the Chinese language and its ancestor. This introduction, because it both summarizes and synthesizes earlier work and makes several original contributions, functions as a useful reference work all on its own.