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The Politically Incorrect Guide to Capitalism  By  cover art

The Politically Incorrect Guide to Capitalism

By: Dr. Robert P. Murphy
Narrated by: Perry Richards
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Publisher's summary

Participating in the economy is a part of everyday life, yet much of what is commonly accepted as fact is wrong. Keynesian schoolteachers and the liberal media have filled the world with politically correct errors that myth-busting professor Robert Murphy sets straight.

Murphy explains hot topics like outsourcing (why it's good for Americans) and zoning restrictions (why they're not). Just like the other books in the P.I.G. series, The Politically Incorrect Guide to Capitalism pulls no punches. Murphy defends the free market on such issues as safety regulations, racial discrimination, and child-labor laws, in a breezy manner that is anything but textbook-like. The Politically Incorrect Guide to Capitalism sets the record straight on everything you thought you knew about economics.

©2007 Robert P. Murphy (P)2007 Blackstone Audio Inc.

Critic reviews

"An invaluable introduction to free-market economics." (Congressman Ron Paul)

What listeners say about The Politically Incorrect Guide to Capitalism

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    3 out of 5 stars

Great book tends to be one sided.

Loved the both but it should be more neutral. The ideas are correct just not palatable for the average reader, newly introduced to one side or the other.

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Wonderful introduction to Austrian Economics

Best introduction to Austrian Economics and the free market, that I have read. Bob Murphy has a wonderful way of reducing the incidental to the principles. He also, time and again, beautifully illustrates how much "popular opinion" is totally wrong.

I really can't recommend this book enough.

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    5 out of 5 stars

logical and clear cut

Second time reading listening to it. Content was good. Easy to follow, logical, doesn't follow the narrative you hear on the news. Even though I'm a farmer, I agree with his critique of agricultural subsidies. This book launched my investigation in other books on capitalism and economics.

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A very quick and refreshing read

This is a condensed defense/ promotion of capitalism. I like all the book recommendations it makes at the start of each chapter. It’s good stuff.

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  • Overall
    5 out of 5 stars

Entertaining and Educational

Without question an anti-"big government", anti-liberal, and pro-capitalist book. The author has no qualms voicing his distain for government controls on economics or shortsighted and politically motivated interference with the free market. Having noted this less than respectful attitude towards Democrats, the book is filled with sound economic education. The author quotes both Adam Smith and Ayn Rand on numerous occasions (which gives a good indication of his stance) and offers a number of excellent scholarly works as reference in the "books you aren't supposed to read" vignettes. Not as well written, or as practically informative as Robert Kiyosaki's "Rich Dad" collection, but unabridged, and 'sound as a pound' in it's economic basis. Highly recommend as basic info, a starting point in economics, and as ammo for political conservatives.

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46 people found this helpful

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    5 out of 5 stars

Economics for the lay person

You don't have to be an academic to understand the common sense that Murphy lays out in The Politically Incorrect Guide to Capitalism. This book will help you identify what you've instinctively sensed has been been wrong with our economic policies and what needs to be done to fix them. From this book go on to read Peter Schiff and Thomas Woods, and other authors who explain the Austrian school of economics thinking.

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A must read.

In order to have a critical examination of the world's economy, one must spend some time hearing the truth outside of the screwed mainstream.

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a must read

this book covers Capitalism and who it is the best system for both the citizens of America and the business of America

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just as good as the rest of the series

great guide to understanding why capitalism is the leading way to liberate the world. supplying great sources of further information on the topic, this book opens the eyes of it's readers to the lies and manipulation of those opposed to capitalism.

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    5 out of 5 stars

OUTSTANDING primer to modern economics

Audio: Excellent narration by Perry Richards. Clear, easily understood enunciation. American accent, I presume, FWIW.

Content: Excellent. A thorough primer in the fundamentals of economics as applicable to modern times. As a P.I. Guide it supports the (indisputable, IMO) logic of "free market" economics, supported by numerous quotes from Frederic Bastiat, Adam Smith, Milton Friedman, and even Ayn Rand (Capitalism, The Unknown Ideal and The Virtue of Selfishness), to name a few. And, as a P.I. Guide, it is tongue in cheek and lightly sarcastic at times, but not to its' detriment. It also mentions 2 of my other favorite economic primers, Economics in One Lesson by Henry Hazlitt and Free to Choose by Rose and Milton Friedman, amongst the many books it suggests for additional reference. For a relatively short book (224 pages in paperback) it covers seemingly most of the major topics one should learn about to understand economics. (Surf the 'net for more detailed descriptions of the contents.) I absorbed this nearly 6 hour book in a single day and I'll be listening to it again. I highly recommend it.

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16 people found this helpful