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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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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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Brutal but makes the point


There is no doubt that quite a few of the statements in this book will raise the anger of many liberal thinkers, however it does provide an argument why our market based economy has raised the standard of living for the most people. When we expect government to replace human charity we are at the very edge of the abyss.

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beginners guide and enjoyable

nothing new here for someone will versed in economics; but lots to be learned for the novice.
that said still an enjoyable read for the well versed.

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Bob Murphy is my favorite economist. Read all his books and check out his podcast, The Bob Murphy Show!

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extreme but mostly true

a little extreme on regulation but a lot of good info over all. worth the read

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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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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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    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