I am a Chicago-based artist, author, veteran, and teacher. I studied at the American Academy of Art in Chicago before enlisting in the United States Air Force in 1968 during the bloody Tet Offensive during the Vietnam era. Upon my discharge I got my BFA in 1994. I got convicted for a crime I did not commit, and I became a homeless-existential artist on Chicago’s mean streets for six months. I got hired by an Acoustic company, and I married and worked for twenty-seven years while raising a family. I now work as an art teacher. All my nonfiction books chronicle different episodes in my life.
When I was a homeless artist, I stumbled across this brilliant book, and it validated my belief that contrary to what global capitalists believe, free markets outside the West do not spread wealth in the hands of an ‘outsider’ minority but instead generate ethnic envy and hatred among the frustrated, impoverished majorities.
Amy Chua states that billions of poor, exploited, and powerful people around the world (homeless and displaced) watch as the wealthy minority in the United States continues to amass more control, prestige, and tax breaks.
Ironically, Chua points out, although America is viewed “as arrogant, hegemonic and vapidly materialistic, most of the downtrodden would rather be in the U. S. than anywhere else. In 2023, close to 10 million illegal migrants have entered the U.S. via the porous Texas border.
The reigning consensus holds that the combination of free markets and democracy would transform the third world and sweep away the ethnic hatred and religious zealotry associated with underdevelopment. In this revelatory investigation of the true impact of globalization, Yale Law School professor Amy Chua explains why many developing countries are in fact consumed by ethnic violence after adopting free market democracy.
Chua shows how in non-Western countries around the globe, free markets have concentrated starkly disproportionate wealth in the hands of a resented ethnic minority. These “market-dominant minorities” – Chinese in Southeast Asia, Croatians in the former Yugoslavia, whites…
Jeffrey Miron has taught a popular course on libertarian principles at Harvard for 17 years, explaining how to apply libertarianism to economic and social affairs. Miron also serves as the Vice President for Research at the libertarian Cato Institute. Miron has a consistent track record of defending libertarian policies, such as the legalization of all drugs, vastly expanded legal immigration (perhaps to the point of open borders), drastically reduced government expenditure, and substantial deregulation.
Bastiat was a 19th-century French economist, writer, and politician. Economic Sophisms is a collection of short and enjoyable essays illustrating the case for free trade and attacking some economic misconceptions. Many of the essays’ themes and arguments are relevant today, and Bastiat’s critiques of big government are often witty.
In one essay, Bastiat presents a “candlemakers petition” to the parliament for protection against the unfair competition of sunlight, which was flooding the market with a superior product at virtually zero price. Modern critiques of zero price “monopolists” (e.g., Facebook or Google) should take note!
In What is Seen and Not Seen Bastiat introduces the “parable of the broken window” to show that economic resources are fundamentally scarce: resources expended on one activity are not available for others. Centuries later, many policymakers are yet to grasp this insight.
This volume, the third in our Collected Works of Frédéric Bastiat, includes two of Bastiat’s best-known works, the collected Economic Sophisms and the pamphlet What Is Seen and What Is Not Seen. We are publishing here for the first time in English the Third Series of Economic Sophisms, which Bastiat had planned but died before he could complete the project.
Both Economic Sophisms and What Is Seen and What Is Not Seen share similar stylistic features and were written with much the same purpose in mind, to disabuse people of misperceptions they might have had about the benefits of free…
In high school I became interested in politics and economics. Soon I found the Austrian school and decided to make it my profession. I went to the US to study Austrian economics and later to Spain to study with Prof. Huerta de Soto. Finally, I became a Professor of Economics myself, teaching and writing in the tradition of the Austrian School.
This book contains some of the most important articles written by Jesús Huerta de Soto, one of the leading Austrian economists.
I have come to live in Spain to study with Jesús Huerta de Soto. The quality of each one of these essays is extraordinary. I recommend to everyone interested in Austrian economics to study this book in depth.
Huerta de Soto is one of the leading Austrian economists living. His works are very creative and this book gives an overview of his impressive work on a wide range of subjects.
This book gathers a collection of English language essays by Jesus Huerta de Soto over the past ten years, examining the dynamic processes of social cooperation which characterize the market, with particular emphasis on the role of both entrepreneurship and institutions. The author's multidisciplinary approach to the subject is in keeping with a trend in economic thought established by the Austrian school of economics; a discourse that had witnessed a significant revival over the last thirty years.
Areas covered in this book include an introduction to the theory of dynamic efficiency as an alternative to the standard paretian criteria, an…
Sarah Kaplan is Distinguished Professor and Director of the Institute for Gender and the Economy at the University of Toronto’s Rotman School of Management. She is the author of the bestseller Creative Destruction: Why Companies That Are Built to Last Underperform the Market—And How to Successfully Transform Them and The 360º Corporation: From Stakeholder Trade-offs to Transformation, both address the challenges of innovation and organizational change in society. She frequently speaks and appears in the media on topics related to achieving a more inclusive economy and corporate governance reform. Formerly a professor at the Wharton School and a consultant at McKinsey & Company, she earned her PhD at MIT’s Sloan School of Management.
If we want to reimagine capitalism as a system that does not destroy the planet and destabilize society, this must be enabled by corporations changing the way that they operate. Henderson’s Reimagining Capitalism gives us some principles for thinking about how to do this. A long-time innovation scholar, Henderson draws on her knowledge about how to succeed at organizational change to propose a more purpose-driven model of corporate action. Using numerous case studies of companies that have (partially) succeeded and those that have failed, she animates a number of principles for change. To start, such a model will require new metrics for social and environmental impact. This would involve more collaborative engagement amongst stakeholders to grow the economic pie and amongst companies to self-regulate in a more sustainable manner.
Particularly refreshing, at the end of the book, Henderson connects the macro conversation about economic and corporate change with a discussion…
A renowned Harvard professor debunks prevailing orthodoxy with a new intellectual foundation and a practical pathway forward for a system that has lost its moral and ethical foundation. Free market capitalism is one of humanity's greatest inventions and the greatest source of prosperity the world has ever seen. But this success has been costly. Capitalism is on the verge of destroying the planet and destabilizing society as wealth rushes to the top. The time for action is running short.
Rebecca Henderson's rigorous research in economics, psychology, and organizational behavior, as well as her many years of work with companies around…
It has long been claimed that we face a choice between freedom and equality: that advocates of capitalism favour freedom, while critics prioritise equality. Philosopher Raoul Martinez was never persuaded by this claim, yet it took years of research across a number of disciplines to understand not only how problematic it is, but how foundational to our society and its crises it has become. His journey of discovery culminated in the writing of Creating Freedom, which dismantles this misleading narrative while deepening our understanding of human liberty: the many ways it is subverted and the path to its creation.
Drawing on extensive historical research, economist Ha-Joon Chang shows that today’s wealthiest nations became rich not by following the advice they have long given to poorer nations — embrace free and open markets with minimal state involvement — but by doing precisely the opposite: embracing policies of protectionism and significant state intervention. In admirably clear prose, Chang exposes the hypocrisy of the world’s richest nations and lays out a more promising path of development for the poorer countries of the world.
It's rare that a book appears with a fresh perspective on world affairs, but renowned economist Ha-Joon Chang has some startlingly original things to say about the future of globalization. In theory, he argues, the world's wealthiest countries and supra-national institutions like the IMF, World Bank and WTO want to see all nations developing into modern industrial societies. In practice, though, those at the top are 'kicking away the ladder' to wealth that they themselves climbed.
Why? Self-interest certainly plays a part. But, more often, rich and powerful governments and institutions are actually being 'Bad Samaritans': their intentions are worthy…
Religious ideas are alive and well, sometimes in the most secular of places.
In this book, Nicole Aschoff explains how four contemporary prophets–Oprah Winfrey, Sheryl Sandberg, the Gates Foundation, and John Mackey (founder of Whole Foods)–help to sustain capitalism by appropriating forces of socio-political and environmental critique.
Drawing upon the work of Luc Boltanski, Aschoff’s sociological analysis is vibrant, insightful, and (at a mere 150 pages) refreshingly economical.
As severe environmental degradation, breathtaking inequality, and increasing alienation push capitalism against its own contradictions, mythmaking has become as central to sustaining our economy as profitmaking.
Enter the new prophets of capital: Sheryl Sandberg touting the capitalist work ethic as the antidote to gender inequality; John Mackey promising that free markets will heal the planet; Oprah Winfrey urging us to find solutions to poverty and alienation within ourselves; and Bill and Melinda Gates offering the generosity of the 1 percent as the answer to a persistent, systemic inequality. The new prophets of capital buttress an exploitative system, even as the…
I have spent my professional career attempting to reform the justice system and create safer communities. For nearly two decades, I served as the executive director of the Center for Court Innovation (now the Center for Justice Innovation). Now, I co-edit a policy journal called Vital City that attempts to spark new thinking about how to achieve public safety. Over the years, I have worked with numerous city, state, and federal officials. I have seen that most of the people working within government are trying their best in difficult circumstances. I have also seen that it is enormously difficult to change government systems and solve complicated social problems.
When I was the executive director of the Center for Court Innovation (now the Center for Justice Innovation), I made a habit of sharing interesting essays with the rest of the team.
One of my all-time favorites was Adam Gopnik’s “The Caging of America.” In the essay, Gopnik offers this analysis of how crime was reduced in New York City throughout the 1990s and 2000s: “There was no miracle cure, just the intercession of a thousand smaller sanities.”
The idea that small changes can make a big difference has been a bit of a personal crusade for me ever since.
In A Thousand Small Sanities, Gopnik expands upon this argument, offering a full-throated defense of liberalism against critics on both the right and the left.
The New York Times-bestselling author offers a stirring defence of liberalism against the dogmatisms of our time
Not since the early twentieth century has liberalism, and liberals, been under such relentless attack, from both right and left. The crisis of democracy in our era has produced a crisis of faith in liberal institutions and, even worse, in liberal thought.
A Thousand Small Sanities is a manifesto rooted in the lives of people who invented and extended the liberal tradition. Taking us from Montaigne to Mill, and from Middlemarch to the civil rights movement, Adam…
I am interested in how regimes of ethics and property interrelate, and how this interrelation informs political thought: in questions of cooperatives and collectives, customary use-rights, and household economies. I'm an anthropologist by training and geographically I work in Russia. I've written about socialist property law and stolen late-Soviet penguins, Stalin-era mine-detection dogs and perestroika-era saints, möbius bands, 19th-century Russian cheese-making co-operatives, New World Order theories of “The Golden Billion” and other important matters.
72 people died when the Grenfell Tower burned in 2017, hundreds more lost their homes.
As survivors slept out in London's mosques and churches, one politician suggested requisitioning empty investment properties to house them. But the idea was shot down as a violation of human rights: those of the property owners. Whyte's Morals of the Market opens with this historical anecdote to ask how neoliberalism and human rights discourses evolved together.
Working through published and archival sources, the book shows that neoliberal thinkers “developed their own account of human rights as protections for the market order.” To their authors, such claims were not cynical. They were moral: grounded in a political morality that equated social progress with commercial relations, collectivism with moral failure, socialism with civilizational regression.
As people whose social worlds have been shattered by neoliberal policies increasingly turn to right-wing populism for a new kind of collectivist future,…
Drawing on detailed archival research on the parallel histories of human rights and neoliberalism, Jessica Whyte uncovers the place of human rights in neoliberal attempts to develop a moral framework for a market society. In the wake of the Second World War, neoliberals saw demands for new rights to social welfare and self-determination as threats to "civilisation". Yet, rather than rejecting rights, they developed a distinctive account of human rights as tools to depoliticise civil society, protect private investments and shape liberal subjects.
Oreskes
and Conway have been heroes of mine ever since their masterful Merchants of Doubt. They are now doing
for free-market fundamentalism what they previously did for climate change
denialism: showing how con artists have tricked Americans into believing it.
I teach a lot of conservative students, and it can be hard to get past their
distrust and defensiveness. Revealing the “magic trick” of how they have been
manipulated is one of the few things that work.
"A carefully researched work of intellectual history, and an urgently needed political analysis." --Jane Mayer
“[A] scorching indictment of free market fundamentalism … and how we can change, before it's too late.”-Esquire, Best Books of Winter 2023
The bestselling authors of Merchants of Doubt offer a profound, startling history of one of America's most tenacious--and destructive--false ideas: the myth of the "free market."
In their bestselling book Merchants of Doubt, Naomi Oreskes and Erik M. Conway revealed the origins of climate change denial. Now, they unfold the truth about another disastrous dogma: the “magic of the marketplace.”
I am interested in how regimes of ethics and property interrelate, and how this interrelation informs political thought: in questions of cooperatives and collectives, customary use-rights, and household economies. I'm an anthropologist by training and geographically I work in Russia. I've written about socialist property law and stolen late-Soviet penguins, Stalin-era mine-detection dogs and perestroika-era saints, möbius bands, 19th-century Russian cheese-making co-operatives, New World Order theories of “The Golden Billion” and other important matters.
Mises' warnings about socialism bringing about the end of civilization have entered popular lore a sort of common sense, so it's worthwhile to read the original.
This book is less a scientific analysis than an ode to market liberalism: to “the desperate struggle of lovers of freedom prosperity and civilization against the rising tide of totalitarian barbarism.” At stake is the very possibility of non-market modernity.
Mises argues that modern society cannot function without a market defined by acquisitive trade: individuals' peaceful cooperation hinges on their ability to make rational choices about their production and consumption of things, and such choices are possible only when a system of competitive market price expresses the true value of every commodity.
“The socialist order of society,” he warns, “is not realizable” and will lead to the collapse of (western) civilization itself: “Nomad tribes from the Eastern steppes would again raid and pillage Europe,…
This is a newly annotated edition of the classic first published in German in 1922. It is the definitive refutation of nearly every type of socialism ever devised. Mises presents a wide-ranging analysis of society, comparing the results of socialist planning with those of free-market capitalism in all areas of life. Friedrich Hayek's foreword comments on the continuing relevance of this great work: "Most readers today will find that Socialism has more immediate application to contemporary events than it had when it first appeared."
