Man, Economy, and State with Power and Market (Scholars Edition)
Average customer rating: 4.5 out of 5 stars
  • On Plants and Inorganic Matter ...
  • Four Hundred Pages Too Many
  • Austrian Economics.
  • Time Preference
  • Economics as 'human action': Rothbard builds on Mises's work
Man, Economy, and State with Power and Market (Scholars Edition)
Murray N. Rothbard
Manufacturer: Ludwig Von Mises Institute
ProductGroup: Book
Binding: Hardcover
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ASIN: 0945466307

Book Description

Murray N. Rothbard's great treatise Man, Economy, and State and its complementary text Power and Market provides a sweeping presentation of Austrian economic theory, a reconstruction of many aspects of that theory, a rigorous criticism of alternative schools, and an inspiring look at a science of liberty that concerns nearly everything and should concern everyone.

The Mises Institute's new edition of Man Economy, and State, united for the first time with its formerly sundered companion volume Power and Market, is a landmark in the history of the Institute. It takes this book out of the category of underground classic and raises it up to its proper status as one of the great economic treatises of all time, a book that is essential for anyone seeking a robust economic education. The revealing new introduction by Joseph Stromberg uses material from the Rothbard Archives, including his personal notes during the research and writing phases, to reconstruct the intellectual setting in which the book was written, and its initial and widening impact.

For years, the Mises Institute has kept it in print and sold thousands of copies in a nice paperback version. Now in our twentieth year, we decided to take a big step and put out an edition worthy of this great treatise. It is the Scholar's Edition of Man, Economy, and State—-an edition that will immediately become definitive and used throughout the world. The footnotes (which are so brilliant and informative!) are at the bottom of every page. The index is huge and comprehensive. The binding is impeccable and its beauty unmatched.

Students have used this book for decades as the intellectual foil for what they have been required to learning from conventional economics classes. In many ways, it has built the Austrian school in the generation that followed Mises. It was Rothbard who polished the Austrian contribution to theory and wove it together with a full-scale philosophy of political ethics that inspired the generation of the Austrian revival, and continues to fuel its growth and development today.

From Rothbard, we learn that economics is the science that deals with the rise and fall of civilization, the advancement and retrenchment of human development, the feeding and healing of the multitudes, and the question of whether human affairs are dominated by cooperation or violence.

Economics in Rothbard's wonderful book emerges as the beautiful logic of that underlies human action in a world of scarcity, the lens on how exchange makes it possible for people to cooperate toward their mutual betterment. We see how money facilitates this, and allows for calculation over time that permits capital to expand and investment to take place. We see how entrepreneurship, based on real judgments and risk taking, is the driving force of the market.

What's striking is how this remarkable book has lived in the shadows for so long. It began as a guide to Human Action, and it swelled into a treatise in its own right. Rothbard worked many years on the book, even as he was completing his PhD at Columbia University. He realized better than anyone else that Mises's economic theories were so important that they needed restatement and interpretation. But he also knew that Misesian theory needed elaboration, expansion, and application in a variety of areas. The result was much more: a rigorous but accessible defense of the whole theory of the market economy, from its very foundations.

But the publisher decided to cut the last part of the book, a part that appeared years later as Power and Market. This is the section that applies the theory presented in the first 1,000 pages to matters of government intervention. Issue by issue, the book refutes the case for taxation, the welfare state, regulation, economic planning, and all forms of socialism, large and small. It remains an incredibly fruitful assembly of vigorous argumentation an

Customer Reviews:

5 out of 5 stars On Plants and Inorganic Matter ..........2007-05-25

Murray N. Rothbard, "The fact that men act by virtue of their being human is indisputable and incontrovertible. To assume the contrary would be an absurdity. The contrary--the absence of motivated behavior--would apply only to plants and inorganic matter."

3 out of 5 stars Four Hundred Pages Too Many .......2005-12-17

Published in 1962, "Man, Economy, and State" is a massive treatise on the fundamental principles of economics. The author, Murray Rothbard, was a disciple of Ludwig von Mises, so it's no surprise that his book begins with an a priori analysis of human action and subjective valuation. With this groundwork in place, Rothbard guides the reader through "Robinson Crusoe" economics and the economics of barter, and then lays out the inner dynamics of an "evenly rotating economy," where knowledge is perfect and tastes never change. Only then, equipped with insights from the operation of ideal, unchanging free markets, does Rothbard relax his unrealistic assumptions and analyze real free markets, including markets hampered by government regulation. For the most part, "Man, Economy, and State" restates and clarifies canonical Misean teachings on time and interest, capital structure, business cycles, monetary theory, entrepreneurship, methodology, and so forth. It also makes original contributions to Austrian thought, in particular, to competition theory. Every university library should have "Man, Economy and State."

That said, "Man, Economy and State" is a lousy read and an imperfect introduction to economics. Apart from being more than 1,000 pages long, the book is abstract, repetitive, and tedious. It dismisses economic history and empirical data with sneers and pseudo-logic worthy of a hack lawyer. Thousands of words are wasted explaining concepts that could be illustrated with a single graph; hundreds of pages could be cut without diminishing the book's pedagogical value. Even worse, the book fails to engage with rival schools of thought such as neo-classical or Marxist economics. Austrianism has a rich intellectual tradition, but, like all schools of thought, it has axes to grind, and a beginner would get a skewed view of economics if he relied on "Man, Economy and State" for his education. He would learn next to nothing about national income accounting, market failure, growth and development, or the behavioral psychology of markets. Austrians shy way from these subjects for various reasons (mostly dogmatic), but they are essential parts of any well-rounded economic education.

The book is also undermined by Rothbard's bizarre riffs on law and politics. He believed that legal systems should not protect intellectual property or enforce promises to perform services in the future. (The modern technological economy could not exist in Rothbard's legal universe.) He would have criminalized the non-payment of debt, thus re-establishing debtors' prisons. (The impact on modern credit markets would have been interesting). Rothbard also had an absolutist, super-Lockean view of property rights. He claimed, for example, that the first fisherman to dip his net into the ocean would be entitled not just to own any fish he caught, but to own the ocean itself!

Coming across these dicta is like finding astrology in a physics textbook. At first, I laughed, but as the weirdness piled up, I began to wonder about the book and its author. The sheer monomaniacal bulk of "Man, Economy and State" makes it easy to caricature Rothbard as a genius/crank, who scribbled away over the 1950s to write a mammoth book -- an Austrian Summa -- that would be the last word on economics. He submitted his masterwork to mainstream publishers and university presses, but none would publish it, for reasons that become obvious by, oh, page 750. In the end, the book was published by an obscure right-wing publisher who did not edit the text (beyond tossing out a 300-page postscript that was published as a separate book by a different right-wing publisher). After giving birth to "Man, Economy and State," Rothbard was ignored by the economics profession. He taught at minor colleges, preached anarchism to the lunatic fringe of the libertarian movement, and published articles in journals edited by himself. He died in 1995. It's unfair to depict him as the Kilgore Trout of 20th century economics -- but since he believed that defamation laws violated free market metaphysics, he really couldn't complain.

Bottomline: The Mises Institute would do Austrian economics (and Rothbard's reputation) a favor by publishing an abridged version of "Man, Economy and State." Readers coming to economics for the first time should read an introductory mainstream text (Samuelson is still pretty good) and then sample modern Austrian authors like Israel Kirzner or Roger Garrison to see what the Austrian alternative is all about. After that, they can tackle old, quasi-philosophical Austrian texts like "Man, Economy and State" or works by Carl Menger or Ludwig von Mises.

5 out of 5 stars Austrian Economics........2005-03-10

Murray Rothbard's contribution to economic science cannot be overstated. Following the footsteps of Mises' _Human Action_, Rothbard's own treatise leaves no economic question untouched. _Man, Economy and State_ presents the entire corpus of economic law, deduced logically from the undeniable fact of human choice. Because of the Austrian methodology, Rothbard was a system-building rationalist, and so this book has little resemblance to mainstream economics. As a praxeologist, Rothbard builds economics not on models or mathematics, but using primordial logical principles to explore the formal implications of purposeful human behavior. Rothbard not only presented Austrian economics in a systematic, complete way -- he also advanced it considerably. Some examples of his contributions to the hardcore of Austrian economics: he refined the theory of utility, he greatly elaborated and developed theories of production, (although I believe his theory of interest was incorrect), reconstructed the approach to welfare-economics, demolished the illusory free-market monopoly problem, etc. Also crucial to his economic theory was his indepth exploration of violent intervention in the free market. That volume, _Power and Market_, is included here (as it was originally intended). Here, Rothbard drives the final nail in the coffin for virtually any argument that the government do anything positive for the economy. He also recognized that economic and ethical problems have the same, fundamental root: scarcity, without which neither discipline would be at all meaningful. This connection was critical for Rothbard as he developed his political philosophy, which was systematically presented later in _The Ethics of Liberty_ (1982). Considering Rothbard completed this treatise when he was only 36, his level of scholarship is nothing short of incredible. His footnotes are full of treasures.

This is truly one of the most important works of economic theory ever written. Indeed, it covers _everything_, and Rothbard's clear, tempered prose is unrivaled in either philosophy or economics. Anyone who is alive should read this book. If you're dead and you can read, well...that's amazing, but still the book won't be much used to you.

5 out of 5 stars Time Preference.......2004-09-25

The individual above who states that time preference is the dirty little secret of Austrian Economics is obviously confused. The example he uses in his review to refute it shows plainly that he misunderstands it. A more carefull reading paying attention to the previous section on means and ends (the definitions) will reveal the problem. This book is excellent! Rothbard was truly a genius. I'm not saying the book is perfect, but I could find no theoretical flaws. If you are interested at all in economics, this is a must read!

5 out of 5 stars Economics as 'human action': Rothbard builds on Mises's work.......2004-09-03

[This is a reposting, very slightly edited, of my review from six years ago of an earlier and now unavailable edition of this book.]

Murray Newton Rothbard's development of economic theory from the axiom of human action is brilliant from start to finish.

Building on Ludwig von Mises's masterwork _Human Action_, Rothbard in effect removes Mises's work from its neo-Kantian setting and places it on a foundation of Aristotelian realism (though this fact will not be obvious without study of Rothbard's later work, notably _The Ethics of Liberty_).

Rothbard systematically and rigorously develops all of economic theory from the axiom that human beings act to achieve ends in a world in which specific and delimitable causes have specific and delimitable effects. In so doing, he has written a work that, over three decades after its publication, still serves as a comprehensive introduction to Austrian School economics.

And no wonder: Rothbard viewed Austrian economics particularly and the 'science of liberty' generally as systematic philosophy, not as the mere collection of statistical facts and 'model-building'. The result is a highly readable volume that reads more like a philosophical treatise than a standard 'economics' textbook.

Anyone who loves liberty and thinks _ideas_ are important will love this volume. Keynesians and econometricians need not apply.

[Later note: _Human Action_, this book (this edition of which includes the portion originally shaved off and published separately as _Power and Market_), and George Reisman's _Capitalism_ are the twentieth century's Three Great Treatises on free-market economics. They don't always agree with each other, so if this subject is of interest to you, be sure to read all three.]
That Every Man Be Armed: The Evolution of a Constitutional Right (Independent Studies in Political Economy)
Average customer rating: 4 out of 5 stars
  • Response to "Pure Propaganda"
  • Provides Voluminous Evidence that Gun Rights are Individual Rights
  • A Liberal Reformed
  • That every man can be armed and speek freely
  • For the Record
That Every Man Be Armed: The Evolution of a Constitutional Right (Independent Studies in Political Economy)
Stephen P. Halbrook
Manufacturer: Independent Institute
ProductGroup: Book
Binding: Paperback

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ASIN: 0945999380

Book Description

This book traces the evolution of the second amendment to the U.S. Constitution---the "right to bear arms"---from ancient Greece and Rome through the "freemen" movement in 18th century France and England to the ratification of the U.S. Constitution and the adoption of the Bill of Rights. Halbrook assembles a systematic interpretation of state and federal legal opinions and Supreme Court decisions. His research shows that the right to bear arms is as fundamental a right under the U.S. Constitution as freedom of speech and freedom of religion.

Customer Reviews:

5 out of 5 stars Response to "Pure Propaganda".......2007-09-07

Is your name, "Pure Propaganda" intentionally or unintentionally descriptive of your methods? Oh well, no matter.

You say, "The author of the book, Stephen P. Halbrook, is an NRA attorney. That being the case, the content of the book is quite predictable."

But, I think you got your logic backwards. What you meant to say is:

"The author of the book, Stephen P. Halbrook, is a passionate advocate for 2nd amendment rights. That being the case, his employment as an NRA attorney is quite predictable."

The dismissal of ideological opponents for predictably, logically, and benignly acting on their convictions is a hallmark of the socialist and totalitarian. You are a typical example of this approach to opposing viewpoints. How about addressing some of the substance of Mr. Halbrook's thesis? No. That would require thinking. Apparently, your use of the "The devil can quote scripture" tactic has led you to mistakenly assume that you have proved the weakness of scripture. Even if Mr. Halbrook were the "devil" (he is certainly not), you are still left with the task of refuting the "scripture". This is apparently an obscure idea to leftists. That's how they got that way.

5 out of 5 stars Provides Voluminous Evidence that Gun Rights are Individual Rights.......2007-05-02

This book provides information, from early western history through the late 20th century, about the individual right to keep and bear arms in self defense and in defense of the community. Halbrook destroys the myth, propagated by gun grabbers, that the 2nd Amendment is the right to a state militia, or any other government organization. He exposes the fact that throughout history, the politically adept have noted that keeping arms in the hands of individuals supports a free state, and that this fact is exactly why the founding fathers intended to protect the rights of individuals to keep and bear arms, not only to protect their persons and property, and their communities, but even to hunt! (Game laws in England had been created specifically to keep peasants from hunting, so that it could be completely enjoyed by the wealthy landed--but even the creators of the game laws respected the rights of all to self-defense, and the practicality with which a free and well-armed people could defend their community.)

Reading this informative book will arm you with the information you need to refute the absurd claims of gun grabbers that the notion of the individual right to keep and bear arms is somehow new, or alternatively, outdated, or that the supreme court has ever settled this matter in their favor--in fact it demonstrates that the 2nd Amendment affirmed a centuries-old right that had already existed, and had continued to exist, well into the 20th century. After reading the thorough treatment of the topic this book provides, one becomes certain that the ancient right remains instrumental in protecting American liberty, and that it is no accident that where liberty is most trampled is also where the right is most trampled. What's more, one becomes certain that the United States is at a point in history where we will either once again demand the uninfringed right, or will descend into tyranny.

5 out of 5 stars A Liberal Reformed.......2006-10-19

I used to be a gun control freak like a few of the other posters here. This was due to the fact that I used to believe everything that I was taught in school. I was also trained by the news and other liberal politicians to believe things such as, "guns are bad and scary; guns kill; only rednecks have guns", we've all heard the clichés. This author does a good job of presenting the law and how it was intended by the countries founders. FYI: If you want to see what happens to the crime rate when guns are over regulated, research what happened in Australia in 1999, or look further back to when Hitler outlawed guns before WWII. If only they would teach this stuff in school!

5 out of 5 stars That every man can be armed and speek freely.......2006-09-06

1st and 2nd Amendments...seems like they'd be the "most" important. Bill of Rights...sounds like we might want to "protect" them. And who wants to give them up???? Some folks in this country would....oh that's right they just don't like the 2nd one. I wonder why. Intimidated by what they don't know enough about I suspect. Good book! Thank you Mr. Halbrook.

5 out of 5 stars For the Record.......2006-01-31

Patrick Henry did NOT oppose the Bill of Rights; he opposed ratification of the Constitution because it did not specifically secure individual freedoms. Only after Madison promised to introduce the amendments that became our Bill of Rights did Virginia ratify the Constitution. For a concise report, see the article at:

http://www.record-eagle.com/edits/know_your_rights/09intro.htm

The fact that so many of our citizens - especially our lawyer politicians - do not know our history in any detail, is precisely why books like this one by Halbrook are important.
State and Economy in Republican China: A Handbook for Scholars (Harvard East Asian Monographs)
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    State and Economy in Republican China: A Handbook for Scholars (Harvard East Asian Monographs)

    Manufacturer: Harvard University Asia Center
    ProductGroup: Book
    Binding: Paperback

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    ASIN: 0674003683

    Book Description

    This manual for students focuses on archival research in the economic and business history of the Republican era (1911–1949). Following a general discussion of archival research and research aids for the Republican period, the handbook introduces the collections of archives in the People's Republic of China and the Republic of China on Taiwan that contain materials in the areas of economics and business, with data on the history of the archives, descriptions of their holdings, and publications on their collections. The second half of the work consists of guided readings in Republican-era documents, such as government decrees, regulations, and business letters, with complete vocabulary lists and explanations of terms. Also included with the handbook are facsimile reproductions of these documents.
    Man, Economy, and State
    Average customer rating: 5 out of 5 stars
    • Interesting...Long...but interesting
    • This makes me wonder ...
    • The Best Treatise on Economics ever written...
    • A Masterful Treatise
    • Brilliant
    Man, Economy, and State
    Murray Newton Rothbard
    Manufacturer: Ludwig Von Mises Inst
    ProductGroup: Book
    Binding: Paperback

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    ASIN: 0945466323

    Book Description

    A pillar of the Austrian School Library and the last full-blown treatise on economics. If Mises's Human Action was the culmination of the School from Menger's time, Rothbard's treatise takes Austrian thought even further in the areas of utility and welfare economics, antitrust, labor, taxation, public goods, and social insurance schemes. Inconsistencies are ironed out and the system of thought, in all its logical rigor, is unbroken.

    More than any book, Man, Economy, and State taught economics to the post-Mises generation. It refutes still-common errors among the mainstream and grapples with the post-war Keynesian literature point by point. The impact of this work was also enhanced by its breathtaking logic and clarity, even in the most difficult subject areas.

    Special insights along the way include a full critique of government statistics and the Fed's definitions of the money supply. Nearly twenty-five years after it first appeared in print, it remains the standard bearer for the Austrian School.

    Customer Reviews:

    5 out of 5 stars Interesting...Long...but interesting.......2006-05-25

    This is Murray Rothbard's Magnum Opus, or maybe it isn't. He has had so many books that were great, it is really hard to tell which one is his best. Anyways, this is a treastise on economics and a very good one at that. Once you get past the initial setting up of the economy, Rothbard guides you onto several other important issues related to the economy and economics. This book, however, is not going to be taken up by diehard Marxians or socialists. This book is written by an Austrian economist, he isn't Austrian just from that school of thought, which canonically oppose most state intervention. In the case of Rothbard, you will see this grow into fruition, as Rothbard is somewhat of an anarchist. Anyways, this book guides you through many areas of economics that deal with a wide variety of problems such as public policy stances, unemployment, and the like. It is truly a great read, if you have the time.

    5 out of 5 stars This makes me wonder ..........2006-01-01

    Because I made a lot of research in reviews, in order to take the right decision of buying this book or not, you will perhaps find it intersting to know that there are two editions of this text.

    The one presented here 987 pages $35.00 as of writing
    Another with additional text 1544 pages $31.50 as of writing

    ( Yes, the bigger is CHEAPER, and is also hardcover by the way )

    To find the bigger version on this site, do a search in books for :
    Man, Economy, and State with Power and Market Scholar's Edition
    (or click on the autor's name at the top of the main page for this book, to find it somewhere in the obtained list)

    This makes me wonder if there is not a pricing mistake here?

    Well, anyway I suggest that you go for the cheaper 1544 pages for now.

    (Amazon, feel free to remove this review in case of a price adjustment, please)

    (I rate this book 5 stars, but I haven't read it yet. 5 stars seems to be the average for it anyway)

    5 out of 5 stars The Best Treatise on Economics ever written..........2004-06-12

    This is simply the best treatise on economics that has been written upto date in the human history. Ludwig Von Mises 'Human Action' comes close but it is too dense for a layman.

    This book: Man, Economy and State, written by Murray N. Rothbard can make an economist out of layman if he puts time and efforts into reading this book and understanding all its concepts. Murray Rothbard starts with the basic axiom that: Humans Act. He further states that Humans Act to relieve some sort of unease and approach a better state of satisfaction. Based on these two axioms he builds up the entire edifice of Economics using impeccable logic and superb reasoning.

    I had read Carl Menger's 'Principles of Economics' before this and thus had a basic understanding of economics. But EVEN if you do not have that, do not worry. This book starts with very basic terms and explains the concepts of Supply and Demand, Interest Rates, Profit/Loss, Production Structure etc. in a clear and thorough manner.

    Murray Rothbard furthermore refutes the Socialist, Keynesian(gradual socialist) and neo-classical schools of economics. His elucidation of fallacies of Interventionist economics is so logical that one cannot help but laugh out loud on the stupidity of fools like John Keynes, Karl Marx and their disciples.

    Also you will not see much mathematics in this book. Subjective valuations of goods/services by humans cannot be quantified. This seems pretty logical to most of us but many who call themselves "economists" simply miss this insight.

    Read this book and you will have a far better understanding of how the world works. You will also understand economics better than most economics college professors and government-employed economists.

    5 out of 5 stars A Masterful Treatise.......2003-11-17

    This is easily one of the three best defenses of the Free Market ever written. (The other two being Mises' "Human Action" and Reisman's "Capitalism" . "Power and Market" doesn't count because it must be read with MES.)

    Rothbard's opus will teach you about the ethics of a free, nonviolent society, and how this society will prosper. It also does a good job of demolishing the concept interpersonal utility comparisons, which will be a great thorn in the side of those who advocate "welfare" spending. It also shows that, unlike most followers of Marx unquestioningly accept, the capitalist is productive.

    5 out of 5 stars Brilliant.......2003-04-28

    Others here have done a great job of reviewing this book, so I won't say much.
    I have to give it 5 stars.
    I'll just say that a lot of people don't realize how critical a proper understanding of economics is to understanding many political issues. Taxes, minimum wage laws, unions, monetary policy, welfare, subsidies, protectionism, the list goes on. Yet most people do not know square one about economics, which is a shame. If you want to know, this book will teach you in a clear, understandable way.
    Man,Economy,and State - A Treatise on Economic Principles
    Average customer rating: Not rated
      Man,Economy,and State - A Treatise on Economic Principles

      Manufacturer: D. Van Nostrand
      ProductGroup: Book
      Binding: Hardcover
      ASIN: B000IB22QG

      Product Description

      Two volume edition.
      The Feminine Economy and Economic Man: Reviving the Role of Family in the Post-Industrial Age
      Average customer rating: 5 out of 5 stars
      • Privatizing child-rearing costs and socializing the benefits
      The Feminine Economy and Economic Man: Reviving the Role of Family in the Post-Industrial Age
      Shirley P. Burggraf
      Manufacturer: Perseus Books
      ProductGroup: Book
      Binding: Hardcover

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      ASIN: 0201479613

      Amazon.com

      This is a challenging book that proposes practical measures to restore the social and economic value of families, rather than providing merely earnest hand-wringing over "family values." Reforming Social Security payments, the author argues, provides the potential to unite generations in a closer union of inter-dependence as well as providing a "parental dividend" that would recompense parents and reward marital and parental commitment. Burggraf challenges us to think through the opportunity cost of not caring adequately for children and redistribute incentives appropriately. While acknowledging the social cost (and tragedy) of the disintegrating family, Burggraf sets aside nostalgia and focuses on the problems of family life with admirable analytical ability. The result is an intriguing and original blueprint for new institutional supports for families, supports that are appropriate for our current time.

      Customer Reviews:

      5 out of 5 stars Privatizing child-rearing costs and socializing the benefits.......1997-10-10

      This is a very readable book. The essence of this book is proposed changes to the Social Security System and marriage/divorce laws to restore some of the incentives to get the neccesary work of caretaking of the children and the aged done.

      With some very simple back-of-the-envelope calculations (She goes through the numbers in a bit more detail in an appendix), Burggraf makes clear the extent to which the Social Security system functions to socialize the benefits of a well-reared child while many of the costs of raising a productive citizen remain privatized. At the same time she also makes the point that the once-hidden opportunity costs of having a full-time parent at home are now quite apparent since women have the option of becoming lawyers, doctors and managers. The combination of these two features of our economic system provides a compelling incentive for both spouses to work and not to invest themselves in themselves in having or rearing children. The result is an entirely predictable decline in the parental resources devoted to children.

      A second interesting and important point that Burggraf makes is that Social Security is not and has not for decades been a savings plan but a transfer payment system which (ideally) functions to provide for the persons who have lived beyond their working years. Other people have of course made the same observation, but Burggraf's treatment is atypical in that she argues that the transfer payment aspect is neither surprising or bad. Instead, she argues it is right and proper that it is right and proper for adult children to provide for their aged parents, but that the current system muddles this relationship. She notes that the way for a couple to maximize their Social Security benefits is not by investing themselves in their children (who will be paying the FICA and medicare taxes to support them) but to maximize their own earnings in the paid workforce and put little or no energy into child rearing.

      One final point of her book which deserves mention is consideration of the point that "family wealth" for all but the richest Americans consists not of tangible assets but in the earnings power developed through years of education and experience in the paid workforce. In essence, she advocates bringing back some form of alimony payments which would continue for approximately the same duration as the marriage in order to give a caretaking parent some security in exchange for the loss of earnings power for forgoing the opportunity to develop one's own earnings power.

      Burggraf proposes some interesting changes to the Social Security system and marriage/divorce laws in an effort to restore some of the traditional incentives to get the necessary work of care-taking of the young and old done.
      The End of Economic Man: Principles of Any Future Economics
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        The End of Economic Man: Principles of Any Future Economics
        George P. Brockway
        Manufacturer: W. W. Norton & Company
        ProductGroup: Book
        Binding: Hardcover

        GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
        TheoryTheory | Economics | Business & Investing | Subjects | Books
        GeneralGeneral | Business & Investing | Subjects | Books
        ASIN: 0393050394

        Book Description

        The book that took the mystery out of economics and put free will back in. When Adam Smith pioneered modern economics in the eighteenth century, it was a branch of philosophy. By the close of the nineteenth century, economists had discovered the usefulness of mathematical tools from classical mechanics, and by the end of the twentieth visions of clicking pool balls reigned supreme. Except for one insightful critic: George Brockway. First writing for The New Leader and then in this seminal text, Brockway skewered mainstream economists who assumed away the free will of participants in the economy. This book establishes an economics in which men and women are not ceramic spheres subject only to cold, mathematical forecasts, but free human beings who are responsible for their actions and can find in this critical supposition the foundations of mores, morals, and morale. Now thoroughly revised, it is for anyone who has suspected that the economy is too important to be left to economists.
        God Bless You, Joe Stalin: The Man Who Saved Capitalism
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          God Bless You, Joe Stalin: The Man Who Saved Capitalism
          Lewis Kaplan
          Manufacturer: Algora Publishing
          ProductGroup: Book
          Binding: Paperback

          Economic Policy & DevelopmentEconomic Policy & Development | Economics | Business & Investing | Subjects | Books
          Economic HistoryEconomic History | Economics | Business & Investing | Subjects | Books
          RussiaRussia | History | Subjects | Books
          20th Century20th Century | World | History | Subjects | Books
          GeneralGeneral | World | History | Subjects | Books
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          All DealsAll Deals | Blowout Books | Stores | Books
          Business & InvestingBusiness & Investing | Blowout Books | Stores | Books
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          2. On Bullshit On Bullshit
          3. Freakonomics [Revised and Expanded]: A Rogue Economist Explores the Hidden Side of Everything Freakonomics [Revised and Expanded]: A Rogue Economist Explores the Hidden Side of Everything

          ASIN: 0875864643

          Product Description

          This controversial book traces 20th century history and argues that (1) US prosperity is inexorably linked to the U.S. deficit and has been since the New Deal;
          (2) Any effort to significantly reduce the national debt will result in a depression that will make that of the 1930s seem like good times;
          (3) that it was the Cold War and the Great Society which made the American and global economy as prosperous as they are today.

          Stalin has been accused of many things; add to the list his role as the father of modern-day economics and a major factor in inspiring the US to take a bold course in the 20th century.
          This dramatic narrative traces the evolution of the concept of the Almighty Dollar against the backdrop of the development and denouement of the Cold War, demonstrating how individual decisions made by US and Soviet leaders affected the course of events.
          This enlightening and controversial book sets forth the thesis that the growing prosperity of the US during the past 60 years is directly linked to deficit spending, and that the synergy of these two phenomena will continue for the foreseeable future.
          An analysis of the Historical Tables of the United States Government, showing the tandem growth of US deficits and the GDP, is interwoven into the historical recounting.


          Furthermore, The Almighty Dollar is not in danger of collapse because if the nations of the world don't sustain the integrity of the U.S. dollar as the currency of exchange, their own economies will collapse.
          Chapter 1. Evolution of the Almighty Dollar;
          Chapter 2. The Amazing American Economy; Chapter 3. Beyond Good and Evil: A Different Portrait of Joe Stalin; Chapter 4. The Contradictions of State Socialism; Chapter 5. The Cold War Begins: The Truman Presidency;
          Chapter 6. The Cold War in Neutral: The Eisenhower Presidency;
          Chapter 7. Expanding the Cold War: The Kennedy Presidency;
          Chapter 8. The Great Society: The Johnson Presidency;
          Chapter 9. The Renegade Republican: The Nixon Presidency;
          Chapter 10. Frustration: The Presidencies of Ford and Carter
          Chapter 11. America on the Attack: The Reagan Presidency;
          Chapter 12. The End of the Cold War: The George H. W. Bush Presidency.
          Man Economy and State 2 Volumes
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            Man Economy and State 2 Volumes
            Murray N. Rothbard
            Manufacturer: D. Van Nostrand Company
            ProductGroup: Book
            Binding: Hardcover
            ASIN: B000MWUXD0
            Man Economy and State A Treatise on Economic Principles
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              Man Economy and State A Treatise on Economic Principles

              Manufacturer: Nash Publishing
              ProductGroup: Book
              Binding: Paperback
              ASIN: B000GAY20S

              Product Description

              book is pillar of Austrian School library - last full blown treatise on economics - covers areas of utility and welfare economics, antitrust, labor taxation, public goods, & social insurance schemes. Refutes still common errors among mainstream and grapples with post war Keynesian literature point by point - some feel possibly best economics book written

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