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- Q7757669 abstract "The Politically Incorrect Guide to Capitalism is a 2007 book by Austrian school economist Robert P. Murphy. It is the ninth book in the Regnery Publishing The Politically Incorrect Guides (P.I.G.) series.Written as a result of a poll by P.I.G. readers that stated a book on economics, The Politically Incorrect Guide to Capitalism aims to refute what it sees as common misconceptions resulting from Keynesian economics about what capitalism actually is.The Politically Incorrect Guide to Capitalism argues against criticisms of capitalism, amongst which are: it causes ecological destruction it causes vast income inequality, as well as racism it causes an unpredictable boom and bust cycleInstead, Murphy argues that they result from government efforts to regulate the free market that have the effect of distorting laissez-faire supply and demand that would encourage the most rational allocation of resources possible, as well as their conservation for future generations. For example, with endangered species such as rhinos it is argued that if they were freely traded those who used their parts would have a stake in maintaining supply and conservation would improve (page 49). It is likewise argued that antitrust laws are unnecessary and that the "robber barons" actually benefited the US' poor much more than any government aid has ever done.".
- Q7757669 author Q2552914.
- Q7757669 dcc "330.12/2".
- Q7757669 isbn "978-1-59698-504-9".
- Q7757669 lcc "HB501 .M88 2007".
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- Q7757669 numberOfPages "206".
- Q7757669 oclc "79860752".
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- Q7757669 author Q2552914.
- Q7757669 congress "HB501 .M88 2007".
- Q7757669 dewey "330.12".
- Q7757669 isbn "978".
- Q7757669 name "The Politically Incorrect Guide to Capitalism".
- Q7757669 oclc "79860752".
- Q7757669 pages "206".
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- Q7757669 subject "Economics, capitalism in the United States".
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- Q7757669 comment "The Politically Incorrect Guide to Capitalism is a 2007 book by Austrian school economist Robert P. Murphy. It is the ninth book in the Regnery Publishing The Politically Incorrect Guides (P.I.G.) series.Written as a result of a poll by P.I.G.".
- Q7757669 label "The Politically Incorrect Guide to Capitalism".
- Q7757669 name "The Politically Incorrect Guide to Capitalism".