Participating in the overall economy is an integral part of everyday routine; yet much of what is typically accepted as economic fact is wrong. Keynesian schoolteachers and the liberal media have filled up the globe with politically correct mistakes that myth-busting teacher Robert Murphy pieces straight. Murphy clarifies sizzling hot topics like outsourcing (why it’s good for People in america) and zoning restrictions (why they’re not really).

Similar to the other books in the PIG series, The Politically Wrong Guideto Capitalism pulls no approximately The Politically Wrong Guide to Capitalism punches. Murphy defends the free market on such sensitive issues as protection rules, racial discrimination, and child-labor laws and regulations, all in a breezy way that is not textbook. From rent control to golden parachutes to where cash came from in the first place, The Politically Wrong Guide to Capitalism models the record straight on everything you thought you understood about economics.

Murphy starts with a basic explanation of what capitalism really is, and dives fearlessly into hot topics like

-Why central planning hasn’t worked rather than will

-How prices operate in a free of charge market-and why socialist strategies like lease control always backfire

-How labor unions actually hurt workers a lot more than they help them

-Why raising the minimal wage is usually a bad idea

-Why the free market may be the best protect from racism

-How capitalism helps you to save the environment-and why Communist countries were the most polluted on the planet

-Bringing up taxes: why it is never “accountable”

-Why no legitimate advocate for the downtrodden could endorse the dehumanizing Welfare State

-The single biggest myth underlying the public’s support for government regulation of business

-Antitrust suits: usually filed by firms that lose in free competition

-How tariffs and other restrictions “protect” privileged workers but make other Americans poorer

-The IMF and World Loan company: why they don’t really help poor countries

The Politically Incorrect Instruction to Capitalism is a good and entertaining guide to free market economics. With his twelve-step arrange for understanding the free of charge market, Murphy displays why conservatives should resist tries to socialize America and combat spiritedly for the free of charge market.